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Crypto Lending Platform Moon Mortgage Raises $3.5M Seed Round

October 11, 2022 by

The platform will allow investors to use their crypto as collateral for financing real estate investments.

Categories CoinDesk, Crypto Leave a comment

NFTs transform how fans bet on upcoming sports stars

October 11, 2022 by

A fan-centric Web3 sports platform uses NFTs to bring a new level of connectivity and ownership to betting on the success of upcoming athletes.

Categories CoinTelegraph, Crypto Leave a comment

Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023

October 11, 2022 by

Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution.

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Metaverse platforms refute ‘misinformation’ about daily active users

October 11, 2022 by

User data from DappRadar consists of metaverse users who have also made an in-game purchase with the project’s native token, but the Decentraland and Sandbox projects disagree with that criteria.

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Coinbase gains in-principle approval for Singapore crypto license

October 11, 2022 by

The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it’s also working with local industry groups to improve regulations.

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First Mover Asia: Influencer Logan Paul’s ‘Bumblebee’ NFT Is Worth More Than $10; Bitcoin Dips Late but Remains Over $19K

October 11, 2022 by

The YouTube star has lost money on the NFT but not as much as some observers were saying. Valuations remain subjective even as the market has plummeted.

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‘Fear’ May be Keeping Ooki DAO From Mounting Defense Against CFTC

October 11, 2022 by

No one voted the first time an Ooki DAO member tried to gather support for a legal defense effort. Just three people have voted in favor of a second effort

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Customer support staff swamped during market swings — exchange execs

October 10, 2022 by

Binance Australia’s CEO says it is imperative that customer support is ready for a large influx of customer inquiries at any moment.

Categories CoinTelegraph, Crypto Leave a comment

Crypto’s downturn is about more than the macro environment

October 10, 2022 by

The global economic downturn should not have a long-term negative effect on cryptocurrency prices, even if it is influencing crypto in the short term.

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DIMO Helps Drivers Gain and Monetize Their Car Data

October 10, 2022 by

Post Content

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Market Wrap: Bitcoin Trades Flat Ahead of Inflation Report

October 10, 2022 by

Unexciting but resilient, bitcoin continues its march between $19,000 and $20,000. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Sam Bankman-Fried announces efficiency updates to FTX

October 10, 2022 by

The crypto derivatives platform is expected double its order throughput and significantly reduce order latency, according to its CEO.

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Multiverse Labs launches government-backed metaverse city in UAE

October 10, 2022 by

Multiple emirates in the UAE are looking to the metaverse to boost tourism in their respective regions. Sharjah now joins Dubai in broadening its Web3 ambitions.

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OECD releases framework to combat international tax evasion using digital assets

October 10, 2022 by

The OECD said it planned to present the Crypto-Asset Reporting Framework to a meeting of G20 finance ministers and central bank governors on Oct. 12-13.

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Price analysis 10/10: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

October 10, 2022 by

Legacy markets continue to negatively impact Bitcoin price, but a positive sign is that the bulls have not allowed BTC to retest its June low.

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EU Commission Launches Proposal for Study of Automated DeFi Supervision

October 10, 2022 by

The study is the latest in a series of moves in a regulatory push across the bloc.

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Bitcoin y ether caen ligeramente mientras surgen dudas macroeconómicas en el mercado

October 10, 2022 by

Un analista cripto afirmó que la caída del mercado está probablemente influenciada por la disminución del riesgo antes de la publicación de los datos de inflación del jueves.

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New hashprice-based derivatives instrument gives Bitcoin miners another way to hedge

October 10, 2022 by

Better luck next time? Luxor’s OTC Bitcoin mining derivatives could offer miners “a much needed tool to hedge their mining operations.”

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European Parliament Committee passes MiCA crypto framework in landslide vote

October 10, 2022 by

Members of the committee passed the crypto framework policy in a vote of 28 in favor and one against, with a final vote expected with the full Parliament soon.

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Portuguese Proposal Would Enact Taxes on Crypto Transfers, Capital Gains

October 10, 2022 by

The country had been notable for having no crypto taxes on individuals, but the finance minister last spring had promised that stance was soon to end.

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Bitcoin eyes ‘textbook’ bottom as $16K whale cost basis comes into play

October 10, 2022 by

The price paid for “whale coins” is revealed as a potential new bear market bottom zone for BTC.

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TrueFi issues first default notice on $3.4M BUSD loan

October 10, 2022 by

TrueFi does not expect Blockwater Technologies’ default to affect its stablecoin lending pools or capital market portfolios.

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Bitcoin and Ether Fall Slightly as Macro Clouds Loom Over Market

October 10, 2022 by

The market downturn is likely influenced by some de-risking ahead of Thursday’s release of Consumer Price Index inflation, one crypto analyst says.

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Formula One files ‘F1’ trademarks covering crypto, NFTs and Metaverse

October 10, 2022 by

The racing competition has plans to set up an online marketplace for cryptocurrency, meta tokens, digital collectibles, crypto-collectibles and NFTs.

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DefiLlama founder moves to NFT lending to tackle liquidity constraints

October 10, 2022 by

The anonymous creator, 0xngmi, has developed a new protocol allowing users to become liquidity providers for their nonfungible token collections.

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Record Number of Brazilian Companies Bought Crypto in August

October 10, 2022 by

According to the South American country’s tax authority, 12,053 companies reported purchasing crypto in the month.

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Bitcoin traders expect sharp volatility, here’s how to profit from it

October 10, 2022 by

Multiple on-chain and technical analysis metrics suggest the crypto market is in for a sharp price move. Here is a strategy pro traders use to profit from volatility.

Categories CoinTelegraph, Crypto Leave a comment

Paul Tudor Jones says he still has Bitcoin exposure amid market downturn

October 10, 2022 by

With a reported net worth of roughly $7.5 billion, the veteran hedge fund manager said he still has a “very minor allocation” of Bitcoin.

Categories CoinTelegraph, Crypto Leave a comment

Binance Exec: BNB Smart Chain Hack Could Have Been Worse if Validators Hadn’t ‘Sprung Into Action’

October 10, 2022 by

Patrick Hillmann, chief communications officer at crypto exchange Binance, joined “First Mover” to discuss last week’s $100 million exploit and how validators prevented the worst case scenario.

Categories CoinDesk, Crypto Leave a comment

Lawmakers Overwhelmingly Back EU’s MiCA Crypto Law in Committee Vote

October 10, 2022 by

The landslide support paves the way for the landmark crypto licensing regulation to take effect as of 2024.

Categories CoinDesk, Crypto Leave a comment
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