Consensys Helps Decentralize Hollywood With Film.io and VillageDAO Partnership
Film.io is the first partner to join VillageDAO, a smart contract framework and service provider for Web3 communities.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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NEAR Foundation Forms Nuffle Labs With $13M in Funding
The spinout is aimed at advancing NEAR's modularity and bringing more decentralized development to the ecosystem.
First Mover Americas: Bitcoin Holds $67K, CRV Slides
The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities
Australia's regulators have provided rare updates on their plans for the digital assets sector, including plans to introduce a draft framework for stablecoins and hinted that more enforcement is on its way against unlicensed entities during an…
Paxos Cuts 20% of Staff: Reports
Bloomberg report says the company will have an increased focus on tokenization.
ERCOT CEO: Texas' Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
The Electric Reliability Council of Texas' CEO said in Senate testimony that the state's grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.
DeFi Giant Curve Roiled as Founder's Loans Get Liquidated; CRV Slides 30%
Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.
Stick With Bitcoin, 10x Research Says After Fed Predicts Just One Rate Cut For 2024
ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.
Trump's Appeal to Bitcoin Miners Is a Wakeup Call for Crypto to Stay Apolitical
It may seem like the industry is finally getting the political support it needs. But proceed with caution.
The Protocol: How Optimism Filled in Its Missing Tooth
In this week's newsletter, we delve into the Ethereum layer-2 network Optimism's delivery of "fault proofs," a piece of functionality that was glaringly missing even though it was at the heart of the project's security setup.
Fringe to Forefront: the Institutional Embrace of Digital Assets
Bitcoin and other major assets offer unique advantages to investors seeking growth and diversification, says Jason Leibowitz.
What ETF Approval Could Mean for Ethereum
The SEC’s recent decision sets Ethereum up for success in numerous new ways, says Ilan Solot, Senior Global Markets Strategist, Marex Solutions.
Bitcoin Miners Cash in on BTC Rally as Exchange Transfers Hit Two-Month High
Transfers from bitcoin {{BTC}} mining pools to exchanges reached a two-month high this week as BTC hovered around its local high $70,000.
Should Banks Be Crime Fighters? The Hidden (and Not So Hidden) Costs
Pointlessly onerous anti-money laundering rules lead to debanking of individuals and even entire regions, just as “financial inclusion” is thrown around as a social objective. We need a viable alternative, says Noelle Acheson.
U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K
Stubbornly high inflation readings in the past months curbed rate cut expectations weighing on asset prices.
First Mover Americas: Bitcoin Stabilizes Amid Further ETF Outflows
The latest price moves in bitcoin (BTC) and crypto markets in context for June 12. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto and Artificial Intelligence Could be a $20 Trillion Megatrend, Bitwise Says
The two industries could add a collective $20 trillion to global GDP by 2030, the report said.
MetaMask Adds 'Pooled Staking' for Cheaper Ethereum Validation
The new feature aims to expand the accessibility of staking, which previously required an investment north of $100,000. But the project is still missing features offered by other staking platforms.
U.S. CPI and Fed Meeting: Things to Watch Out as BTC Nurses Losses
BTC has come under pressure in the lead up to the key events that could influence Fed rate cut expectations.
Zimbabwe Is Seeking Comments on the Crypto Industry: Report
Zimbabwe is seeking comments from the crypto industry as it tries to understand the sector more.
Crypto Hacks Net $19B Since 2011 and Illegal Activity on Blockchain Is Still Growing
Almost $19 billion worth of cryptocurrency has been stolen in thefts dating back to 2011 as the industry continues to grapple with rising blockchain-related crime, according a report from Crystal Intelligence.
Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters
The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.
Donald Trump Says He Wants All Remaining Bitcoin to Be 'Made in USA'
Early Tuesday Trump met executives from Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms.
In Conversation With Brian Nelson
Last October, the Financial Crimes Enforcement Network (FinCEN) – the U.S. Treasury Department's money laundering watchdog – announced a proposal to label crypto mixers as a "primary money laundering" concern, a move that alarmed a broad swath of…
Funding Open-Source Generative AI With Crypto
Crypto infrastructure could help address one of the biggest challenges in open source generative AI, says Jesus Rodriguez.
Be Warned, AI Crypto Scams Are on the Rise
A recent Elliptic report found five ways AI is being used to rob crypto users.
Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report
Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said.