Bitcoin Could Peak at $45K in May, Analyst Says
The cryptocurrency seems to be mirroring its performance in first-half 2019, when it chalked up a triple-digit rally, marking a solid recovery from a yearlong bear market.
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Do Kwon Retained Law Firm in South Korea Before Terra's Collapse: Report
South Korean prosecutors confirmed a report that Kwon sent $7 million to a local law firm in the months leading up to his venture's dramatic fall.
Crypto Lender Amber Group Weighs Selling Japan Unit: Bloomberg
Managing partner Annabelle Huang said that despite Japan being a "high quality market ... regulations are strict."
Over 1M Ether Withdrawn After Shapella Fails to Dent Risk Appetite
Some traders are restaking the ether withdrawn since the Shapella upgrade, quashing bearish price forecasts.
CoinDesk Indices Joins With Luno to Help South African Users Track Crypto Investment Bundles
The partnership will see launch of Luno Large Cap Bundle, helping customers to easily manage and maintain different investment strategies.
Shaquille O'Neal Finally Served FTX Lawsuit: Lawyers
Legendary Basketballer Shaquille O'Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday.
First Mover Asia: Ether Price Hits Fresh 11-Month High
ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey writes that to prevent the potentially destructive impact of AI, we need open-source innovation and collective governance that is possible through blockchain…
U.S. House Committee Publishes Draft Stablecoin Bill
The stablecoin is the first major piece of crypto legislation in 2023.
Trump Earned Up To $1M From NFT Sales: Filings
Trump’s income from NFTs comes via a licensing agreement between his company CIC Digital LLC and the collection's creator NFT INT LLC.
TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token
Bitcoin Is the 'Boring, Old Grandpa' Right Now Compared to Ether: Dexterity Capital Manager Partner
By its nature, bitcoin is a stable thing, and because it doesn’t change, it isn’t exactly the talk of the town, Michael Safai said.
Bitcoin Holds Steady Near $30.5K, Ether Circles Around $2.1K
BTC and ETH have risen about 8% and 12%, respectively over the past seven days. While BTC has driven the market this year so far, the Shapella upgrade has boosted ETH trading, according to an analyst.
Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token
The rebalancing comes as ether rallies off a successful Shapella upgrade.
Avalanche Surges to 6-Month High in Daily Active Addresses
The spike in daily active addresses coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.”
Crypto Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a…
Web2’s Lesson for AI: Decentralize to Protect Humanity
In order to prevent the potentially destructive impact of AI on humanity, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, rather than the monopoly defaulting structure of Web2…
AI Boosters Would Sacrifice Humanity for a Simulacra - as Long as They're in Control
AI boosterism and associated “long-termist” ideas could be a threat to your privacy, your property and your humanity.
Crypto Derivative Volumes Rose in March for Third Straight Month
A report noted an increase in spot DEXs offering derivatives trading on their platforms.
Reddit to the Moon, Razer Stays Sharp
Reddit has released another wildly popular NFT collection while Razer has launched a Web3 gaming accelerator.
NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover
Celsius Network contacted 130 interested parties and signed non-disclosure agreements with 40, before choosing NovaWulf.
Sweden Drives Final Nail Into Its Bitcoin Mining Industry With Tax Hike
The 6,000% increase in taxes per kilowatt hour of energy will likely kill any potential bitcoin mining investments in the country.
UK’s New Technology Department to Tackle Country’s Metaverse, Web3 Strategy
The department will explore economic growth, investment and business opportunities in these areas along with implications on regulation.
Popular Tea Shop Boba Guys Taps Solana for On-Chain Loyalty Rewards Program
On top of building the chain’s loyalty infrastructure, the Solana Foundation recently invested $100,000 into Boba Guys.
U.S. SEC Poised to Move Toward DeFi Oversight As It Reopens Proposed Regulations
The U.S. Securities and Exchange Commission is considering reopening a rule proposal on how it oversees crypto platforms to more explicitly include decentralized finance (DeFi). Commissioners will vote on the language during an open meeting on…
Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut
The Singapore firm is one of the largest bitcoin miners in the world with 16.2 EH/s of hashrate.
How CoinDesk Will Use Generative AI Tools
AI tools for generating content are changing the way we work – especially the media. Here are the rules of the road for CoinDesk.
Onramp Launches First Spot Bitcoin Trust With Multi-Party Custody
The company, based in Austin, Texas, says the new offering is the first bitcoin trust that takes advantage of Bitcoin’s multi-signature capability.
Elon Musk Tweet Spurs 7% Aptos Price Surge
Aptos (APT) surged by 7.4% on Friday after Twitter CEO Elon Musk tweeted “AI APT OTT!” before deleting it one hour later.
Chia Network Submits Registration to U.S. SEC For Proposed IPO
The size and price range for the offering has yet to be determined.