Crypto startup to save iconic fiat money sculpture with 1M euros funding
Crypto industry is coming to save the troubled Euro monument in Frankfurt after traditional banks refused to support the symbol of Eurozone decision-making.
Crypto
The Caribbean is pioneering CBDCs with mixed results amid banking difficulties
Emtech’s Cadet talks about CBDCs in emerging markets as the U.S. Congress and United Nations hear about the traditional banking crises.
First Mover Americas: Bitcoin Pushes for $20K Again as Investors Return to Risky Assets
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 29, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ooki DAO members explore options in response to CFTC lawsuit
Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the CFTC.
Crypto Trading Platform Provider WonderFi to Offer Equities Next Year Through Bitbuy Unit
Crypto trading platform provider WonderFi purchased Bitbuy this January.
Worried About a Financial Crisis? Enter – Self Custody.
Placing bitcoin in cold storage won’t prevent losses, but it can eliminate counterparty risk.
Crypto Investment-Product Firm 21.co Hires Former Goldman Alum as CTO
David Josse led Goldman Sachs’ business intelligence and engineering efforts for the bank’s Marcus product.
Miners Take off for The Great – and More Profitable – North
Bitcoin mining in most of Europe is now “impossible” as energy costs soar but miners are increasingly seeking refuge in the northern reaches of Norway and Sweden.
Craig Wright Asserts He’s Satoshi, Again
The latest in Craig Wright’s series of lawsuits against those who question that he is Satoshi Nakomoto, the pseudonymous creator of Bitcoin.
Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis
Bitcoin looks suitable for Russia’s crypto cross-border payments at first glance, but there are many reasons why such a choice is highly questionable.
Ghana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis
Paxful CEO Ray Youssef said that the current growth trends in Ghana show that it has the potential to be a leader in terms of crypto adoption.
Surging Bitcoin-Sterling Trading Volume Points to Hedging Demand for Crypto, or Does It?
There’s a debate over whether rising BTC/GBP trading volume represents hedging demand for the cryptocurrency or speculative interest.
Kazakhstan ready to legalize crypto as Russians flock to the country
A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities.
Crypto is Quietly Thriving in Sub-Saharan Africa: Chainalysis Report
The report shows strong crypto usage and adoption rates in the region. With highly educated young people and low job prospects, crypto is “a way to feed their family,” says Convexity founder Adedeji Owonibi.
EU Lawmakers Attack Amazon’s Involvement in Digital Euro Project
Cross-party lawmakers cited worries over data privacy and taxation as they demanded a U-turn on the controversial European Central Bank decision to let Amazon participate in the digital euro project.
Cardano’s Founding Entity Emurgo to Invest Over $200M to Boost Ecosystem
The funds will be granted to projects over a three-year period.
Ethereum Merge was ‘executed flawlessly,’ says Starkware co-founder
Starkware co-founder Eli Ben-Sasson told Cointelegraph that none of the things that people feared about the Merge happened, and everything happened as it should.
Bernstein Says Polygon Blockchain Is Bringing Crypto to Consumers
The blockchain’s success has come from its ability to build a more mainstream customer gateway, the broker said.
Bitcoin price skirts $19.3K amid fear over ‘mother of all rug pulls’
Volatility has yet to make an appearance on hourly timeframes as the clock ticks down to the September close.
APR vs. APY: What’s the difference?
The key difference between APY and APR is compound interest. Before investing, compare their potential returns.
Peer-to-Peer Validation for Digital Euro Might Not Be Feasible, ECB Says
The central bank will soon start developing its rulebook to enable branding for its new initiative.
UAE Ministry of Economy opens up new headquarters in the Metaverse
The UAE Ministry of Economy continues its push into the Metaverse with the announcement of a “third address” located in a virtual world.
WSJ: Terraform Labs claims case against Do Kwon is ‘highly politicized’
A spokesperson for the company behind Terra said it believes prosecutors heeled to public pressure and expanded the definition of a security after its associated cryptocurrencies collapsed.
Nexo ‘surprised’ by state regulators’ actions, says co-founder
Kalin Metodiev emphasized that Nexo has been navigating through conversations with regulators for the past couple of years to ensure compliance, and was surprised that this news was “thrown out there in public.”
Institutional appetite continues to grow amid bear market — BitMEX CEO
Institutional appetite for Ethereum will grow now that the network is ESG compliant, according to the BitMEX boss.
F1’s Daniel Ricciardo cruises into crypto at Token2049
Formula 1 driver Daniel Ricciardo cruises into crypto as OKX performs a first-ever livery takeover of McLaren’s racing cars ahead of the Singapore and Japanese Grand Prix.
Circle Product VP: USDC chain expansion part of ‘multichain’ vision
Speaking with Cointelegraph, Circle’s vice president of Product Joao Reginatto emphasized that devs soon won’t care what blockchain they build on, as interoperability will be key.
First Mover Asia: Bitcoin Holds Strong Over $19K; Why Is the Dollar Dominating?
The largest cryptocurrency by market capitalization has weathered severe macroeconomic uncertainty in recent weeks to maintain its current threshold,
CTFC commissioner proposes office focused on retail crypto investors
The commissioner said the potential of blockchain and cryptocurrency to change existing markets necessitates a new retail investor protection office similar to that of the SEC.
SWIFT partners with Chainlink for cross-chain crypto transfer project
The project will connect SWIFT’s network to nearly every blockchain to allow traditional finance players access to digital and traditional assets on the one network.