New York City Gets Itself a Bitcoin Mayor

This episode is sponsored by NYDIG. Download this episode Despite (or perhaps because of) being one of the world’s great traditional financial hubs, New York has a contentious relationship with crypto. Between the BitLicense and a very active state attorney general, New York and crypto aren’t always simpatico. That’s why it has been exciting for … Read more

Coinbase Confirms It’s Launching a Subscription Service With Zero Fees

Coinbase, the biggest cryptocurrency exchange in the U.S., is in the process of testing out a new subscription service, the company today confirmed to Decrypt.   News of the service leaked earlier today, as some Coinbase users prematurely received access to the beta version of the service last night—which will be called Coinbase One. Users posted … Read more

The Cube Movement

The mainstream media has caught on to the latest huge crypto trend, which isn’t a new non-fungible token (NFT) line or a fresh dog token, but small desk tchotchkes made of one of the densest elements humans can safely touch – tungsten. Spearheaded by Neeraj Agrawal at CoinCenter and investor Nic Carter, the Cube Movement … Read more

Crypto Trading Platform AscendEX Raises $50M From Backers Including Alameda Research

Singapore-based cryptocurrency trading platform AscendEX has raised $50 million in a Series B funding round led by Polychain Capital and Hack VC with participation from Alameda Research and other investors, the company said in a statement. Jump Capital, Uncorrelated Ventures, Eterna Capital, Acheron Trading, Palm Drive Capital and Nothing Research also participated in the round.AscendEX, … Read more

Untamed Isles Is Taking A ‘Game First, Crypto Second’ Approach To NFT Gaming

In 2020, New Zealand-based Phat Loot Studios set up shop with a mission to expand the nation’s game development industry. In its inaugural game Untamed Isles, a fresh take on classic massively multiplayer roleplaying games (MMORPGs), players explore an expansive world that changes with every login, on a quest to encounter, tame, breed, train, and … Read more

Stellar Validators Vote In AMM Integration That Could Boost Liquidity

In a protocol upgrade Wednesday morning, tokenized money transfer protocol Stellar has launched an automated market maker (AMM) that will operate alongside its order book-based router and matching engine. The voted-in proposal could bring greater efficiency and utility by deploying a longtime staple of the decentralized finance (DeFi) world. Stellar is a blockchain protocol designed … Read more

Loopring’s Ethereum Token Surges on Rumors of GameStop NFT Alliance

We’ve already seen what happens when meme stock momentum propels GameStop’s share price, given the early-year short squeeze phenomenon. Now, we’re seeing how a potential association with GameStop can send an Ethereum token’s price soaring, as well. Recently, GameStop stock enthusiasts have uncovered purported details suggesting that the retailer will tap Loopring’s Ethereum scaling technology … Read more

Tron Foundation, APENFT Launch $100M Fund for NFT Projects

Justin Sun’s Tron Foundation has joined with APENFT, a non-fungible token (NFT) marketplace, to launch a $100 million fund to support NFT projects and digital artists. The Art Dream fund aims to collect “meaningful stories and catalyze financial and cultural inclusion in the metaverse,” said APENFT, which operates on the Tron blockchain founded by Sun.The … Read more

Russia’s Most Prestigious Skyscraper Is Home to Crypto Hackers: Report

In Moscow’s city center, Russia’s tallest skyscraper—known as Vostok—is facilitating business for hackers, cybercriminals, and money launderers. According to Bloomberg, experts have successfully linked at least four companies that are either based or operating in Vostok to launder money associated with ransomware activity.  These four companies are Suex OTC, EggChange, Buy-bitcoin.pro.  Suex OTC, per cited … Read more

Crypto Exchange Kraken Fails to List SHIB, Despite Promise

Crypto exchange Kraken has failed to fulfill a promise it made on Twitter to list popular meme token shiba inu (SHIB) once the idea had received enough “likes,” upsetting its large community of supporters. The San Francisco-based crypto exchange tweeted on Monday that Brian Hoffman, its crypto platform product lead, said Kraken would list shiba … Read more

Crypto News Roundup for Nov. 3, 2021

This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis. Today’s Stories: Ether Hits Fresh Record High, Sandbox’s SAND Leads Rally in Metaverse Coins Loopring Surges 40%, Solana Replaces Cardano as 5th-Largest Coin as Ethereum Fees Spike European stocks steady as investors anticipate Fed meeting S&P Futures Pause, Meme Stocks Jump Federal Reserve … Read more

Alameda Research, Polychain Capital Back ‘CeFi DeFi’ Crypto Exchange AscendEx

AscendEX, a Singapore-based crypto trading platform, has today announced it raised $50 million in a Series B round. Co-led by Polychain Capital and Hack VC, the fundraise also saw participation from Jump Capital and Alameda Research. Other investors in the round include Uncorrelated Ventures, Eterna Capital, Acheron Trading, Nothing Research, and Palm Drive Capital, with … Read more

Crypto Exchange BitMEX Claims It Is Now Carbon Neutral

Crypto exchange BitMEX now claims it’s officially carbon neutral. The announcement follows a previous commitment to achieve carbon neutrality earlier this year.  “Sustainability is the challenge of our time. Bitcoin—and cryptocurrency in general—is the transformative technology of our time. Especially around COP26, it’s only natural that crypto faces tough questions about the environmental impact of … Read more

Looking Into Ethereum’s Economic Future

This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points here. While weeks and months in crypto often feel like years, it has only been 60 days since the hard fork that contained EIP 1559 was implemented on Ethereum’s mainnet. … Read more