Bitcoin Core Developer Dhruvkaran Mehta Steps Away, Teases New Startup Idea
The developer known as @dhruv on Twitter and GitHub, formerly a Google software engineer and successful entrepreneur, is taking a break from Bitcoin for another shot at a startup.
Valuations and M&A Show Things Aren’t So Bad for Crypto
Two aspects of the crypto word, blockchain tech companies and exchanges and crypto miners, reveal that M&A activity is strong and that crypto-related companies have converged with the rest of tech, a sign that the digital-asset industry is maturing.
Olaf Carlson-Wee: Crypto Is the Great Wealth-Redistribution Machine
In an interview ahead of Consensus, the early Coinbase employer turned investor-philosopher discusses crypto’s product-market fit, ideas no one gets and living the good life.
Soulja Boy Has Reportedly Been Cranking Out Promotions for Scam NFT Projects
Research done by internet sleuth ZachXBT indicates that the "Crank That" rapper has promoted dozens of NFT projects on social media, some of which turned out to be rug pulls.
Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue
Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday.
Prosecutors Seek 7-Year Prison Sentence for Reggie Fowler in Crypto Shadow Bank Case
The former footballer pleaded guilty to bank and wire fraud charges over operating Crypto Capital Corp., the shadow bank that lost Bitfinex's millions.
The latest price moves in bitcoin (BTC) and crypto markets in context for April 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Hong Kong Court Declares Crypto as Property in Case Involving Defunct Gatecoin
The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.
CoinDesk Winds Down Ethereum Validator ‘Zelda,’ and We Now Wait for Money Back
CoinDesk set up its own Ethereum validator, fondly nicknamed “Zelda,” in 2020 to witness firsthand the blockchain’s landmark shift to an energy-efficient proof-of-stake consensus mechanism from its original proof-of-work – the same one used by…
SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing
Securities and Exchange Commission Chair Gary Gensler refused to say whether ether, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday.
MicroStrategy’s Bitcoin Holding Doesn’t Necessarily Pose a Concentration Risk: Bernstein
Rising bitcoin prices mean a stronger balance sheet, higher stock prices and easier debt repayment, without the company needing to sell its holdings, the report said.
ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.
What’s in the House Financial Services Committee’s Stablecoin Bill?
The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while…
A Mysterious A16z Tweet Sparked a Rally in Crypto Project Optimism's OP Token
The tweet spurred speculation that the notable venture capital firm could launch its own Optimism-based layer 2 blockchain. A16z crypto’s CTO tweeted: “not an L2.”
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