Next Bitcoin bull run to be half story, half utility: Mike Novogratz at Token2049
The next Bitcoin rally will require fast and scalable systems, which the community is yet to build, Galaxy Digital CEO Mike Novogratz.
Crypto
Trading Platform Crypto.com Secures Regulatory Approval to Operate in France
The exchange joins other crypto platforms like Binance and Luno that recently obtained similar approvals in France.
Luna Investors Failed to Appreciate the Risks, Novogratz Says
“When a token goes from 20 cents to $100 and you don’t take profit, that’s lunacy,” the CEO of Galaxy Digital said.
Digital Euro Could be More Popular Beyond EU’s Borders: Lagarde
Authorities in the EU, U.S. and other jurisdictions need to compare notes on central bank digital currencies to regulate them better, according to the ECB chief.
Crypto exchange Bitkub targeted by Thai SEC with wash trading claims
2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars.
MEV bot earns $1M but loses everything to a hacker an hour later
An MEV bot gained massive profits worth $1 million by seizing an arbitrage opportunity. However, it was tricked into authorizing a malicious transaction that drained the funds.
Is Peter Thiel’s Pro-Dropout Fellowship Mostly an Advertisement for Himself?
The $100,000 Thiel Fellowships garner big headlines for successes like Figma and Ethereum. But a deeper look shows a program that’s more about hype than reform. This article is part of CoinDesk’s Education Week
Digital Asset Manager Safe to Offer Governance Token for SafeDAO
The multi-billion dollar digital asset management platform aims to decentralize its growth and governance through SAFE and SafeDAO.
Bitcoin Stays Resilient in Face of Traditional-Market Turmoil, Here’s Why
“What we’re seeing is more a lack of large sellers, rather than a plethora of large buyers,” one value investor said.
Ethereum Project Ribbon Finance Launches Crypto Options Exchange to Boost Growth
Ribbon expects trading volumes to reach over $100 million a day within the first six months of launch.
FTX reportedly considers bailing out Celsius via asset bid
Acquiring the assets of Celsius would imply FTX’s intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion.
BTC price stays under $19K amid hopes Q4 will end Bitcoin bear market
Fresh losses are contained only after $2,000 gets wiped from the BTC spot price, with a recovery yet to make an appearance.
Nifty News: Napoleon Dynamite cast reunites in Web3 animated series, Sega’s blockchain game and more…
An NFT collector borrowed 1,044 ETH against two MAYC NFTs, just to purchase another MAYC NFT for 1,000 ETH, and Sega is set to drop its first blockchain game.
BIS marks CBDC pilot as ‘successful’ with $22M transacted
Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part.
S. Korean Crypto Project Klaytn Will Offer Gas Fee Rebates to Gaming Firms
The South Korean project said it would offset user gas fees and contract fees charged to gaming companies built on its platform.
Bitcoin think tank: Reject CBDCs and look to BTC and stablecoins instead
The paper’s authors say Central Bank Digital Currencies are problematic for the future of individual and economic freedom but crypto is a viable alternative.
Fed’s Powell: DeFi needs appropriate regulation before expanding to retail
Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation.
Pantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway
Pantera CEO Dan Morehead painted an optimistic outlook for the wider cryptocurrency space during a keynote presentation at Token2049 in Singapore.
McLaren Racing Unveils Crypto-Inspired Car Livery Ahead of Singapore GP
The Singapore Grand Prix takes place on Oct. 2.
The CFTC Served Ooki DAO Papers By Posting Them in an Online Discussion Forum
The Commodity Futures Trading Commission (CFTC) used unorthodox methods to serve a lawsuit against the pseudonymous members of a decentralized autonomous organization (DAO), according to court documents filed on Tuesday.
Wintermute inside job theory ‘not convincing enough’ —BlockSec
The theory is “not convincing enough to accuse the Wintermute project,” wrote BlockSec, as it highlighted that Wintermute’s actions during the hack made sense given the circumstances.
Ethereum Merge Vaults Cryptocurrency Past Bitcoin in Hard-Money Allure
Ether’s drastic reduction in the net inflation rate is attributed to the elimination of mining rewards and the “burning” of transaction fees, experts said.
Christie’s moves on-chain with NFT auction platform on Ethereum
The new marketplace allows the prestigious auction house to carry out auctions and sales on the Ethereum blockchain “from start to finish.”
First Mover Asia: Bitcoin Tumbles After Crossing $20K in Topsy-Turvy Trading; How Chinese Universities Teach Blockchain
The largest crypto by market capitalization had spiked over $20,000 in morning trading.
3 ‘blockbuster’ titles that could save GameFi — ABGA President
To attract more users and make blockchain gaming more mainstream, Kevin Shao says future titles should find a “balance” between and accommodate different users’ tastes.
CEL Token Jumps as SBF Said to Eye Celsius in Buying Spree
The native token of Celsius regained momentum just hours after being rocked by the surprise departure of CEO Alex Mashinsky.
Ranking Blockchain Universities Is Answering the Wrong Question
Turns out crypto also may have disrupted the idea that where you went to school is a predictor of your future success. This story is part of CoinDesk’s Education Week.
Anonymous makes numerous allegations against Yuga Labs and its Bored Ape Yacht Club
The Internet hacktivist group called on high-profile celebrities and big brands to speak up and take a stand.
UFC fighter El Ninja to become first argentinian athlete paid in crypto
Beyond the Octagon, Guido Cannetti fights Argentina’s 78% inflation rate with USDC stablecoin.