U.S. Added 353K Jobs in January, Blowing Past Estimates
The latest update on the labor market came less than two days after the Fed's Jerome Powell poured cold water on market hopes of a rate cut in March.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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First Mover Americas: Bitcoin Holds $43K
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BlackRock and ProShares' Bitcoin ETFs Surpassed GBTC's Daily Volumes
GBTC has led bitcoin ETF volumes, mostly in outflows, since the products started trading in early January.
Hong Kong to Consult on Regulation for OTC Crypto Venues 'Very Soon'
The Financial Services and the Treasury Bureau will consult on over-the-counter venues like shops and online platforms following the outlets' role in crypto fraud cases.
Thai Regulator Orders Zipmex to Suspend Digital Asset Trading and Brokerage Services
Zipmex now has 15 days to correct its financial position and create a system to prevent the improper use of customer funds.
Jupiter’s JUP Rallies On With Solana Supporters Leading the Charge
One of the most-anticipated airdrops faced social media ire over its novel token distribution plan.
Chainlink's LINK Token Taps 22-Month High of $18, Ending Three-Month Breather
Analysts consider LINK as the safest bet to profit from the tokenization narrative.
OPNX Founder Su Zhu Says Shutdown Comes Because FTX Estate Claims Reached 'Recovery'
OPNX's volume peaked at just over $600,000, according to CoinGecko data.
AI Tokens Up After Meta Beats Analyst Expectations
Mark Zuckerberg's Meta said it was pivoting away from Metaverse to Artificial Intelligence in early 2023.
Binance Freezes $4.2M in XRP Tokens Stolen From Ripple Executive's Wallet
Over $120 million in XRP was stolen from Ripple Labs Executive Chairman Chris Larsen earlier this week.
Traders Prefer Bitcoin to Ether Despite Developing Spot ETH ETF Narrative
The ether-bitcoin forward term structure is downward sloping structure, which means that traders expect ETH to perform weaker than BTC as time goes by, one trader said.
India CBDC Insider Reveals Current Stance of Country's Central Bank
India’s central bank is taking a very cautious approach in developing its digital rupee, a senior official familiar with India’s central bank digital currency (CBDC) pilot programs told CoinDesk, though it's making some progress.
Prediction Markets Can Hedge Crypto Startups' Regulatory Risk, Paradigm Says
Coinbase co-founder Fred Ehrsham's venture capital firm filed a friend-of-the-court brief in Kalshi's case against the CFTC.
FTX Hack Mystery Possibly Solved: U.S. Charges Trio With Theft, Including Infamous Attack on Crypto Exchange
The federal indictment doesn't identify Sam Bankman-Fried's FTX as the pilfered company, but Bloomberg reported that's who it was.
Bitcoin Steady at $43K as Tumbling U.S. Regional Bank Stocks Reignite Worries
Bitcoin so far remained muted compared to its vehement rally during the March banking crisis, but one analyst said he's "cautiously long" amid the turmoil.
U.S. Lawmakers Seek to Overturn SEC's Crypto Accounting Policy
Members of Congress are trying to delete the controversial U.S. Securities and Exchange Commission accounting bulletin that implies restrictions on companies that want to hold their customer's crypto assets.
OPNX, the Exchange Built by Founders of Doomed Hedge Fund Three Arrows, Is Shutting Down
Customers were advised to settle their positions by Feb. 7 and withdraw their money by Feb. 14.
Blast From the Future: Can You Plagiarize Something Meant to Be Copied?
Devs for the Blast L2 are accused of stealing open-source code that’s available to all. Is that cheating, or a sincere form of flattery?
Man Behind Defunct BTC-e Exchange Once Popular with Criminals Faces U.S. Charges
One of the men behind BTC-e, a now-defunct crypto exchange once popular with cybercriminals and money launderers, has been arrested and charged in the U.S., the Department of Justice (DOJ) said Thursday.
The Biggest BONK Whale Just Invested in 'Ycombinator for Solana'
BONK DAO is writing a $500,000 check for the venture fund of Colosseum, Solana's new hackathon organizer.
U.S. Sen. Lummis Says 'Delicate' Talks Underway Over U.S. Crypto Legislation
Speaking to CoinDesk TV, Lummis says she is hopeful a stablecoin bill could move forward in the first half of 2024, before elections increase political pressures in Washington.
Protocol Village: Staking Service Luganodes Adds Support for Bitcoin L2 Stacks
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 1-7.
U.S. Drilling Down on Crypto Miners' Energy Use Draws Ire From Community
The Energy Information Administration (EIA) is starting a survey to track the electricity consumption of crypto miners in the U.S.
Binance Is Facing Regulatory Headwinds as It Tries to Re-Enter UK Market: Bloomberg
The largest crypto exchange in the world stopped offering its services to U.K. customers in October after it failed to comply with a rule change made by regulators last year.
Larry David Calls Himself an 'Idiot' for Doing Infamous FTX Super Bowl Ad
Sam Bankman-Fried's cryptocurrency exchange infamously collapsed months after the commercial.
Crypto for Advisors: AI Tools for Advisors
Content creation and productivity are the main benefits of advisors utilizing AI tools.There are some helpful things that AI can do to help financial advisors.
Taproot Wizards Delays 'Quantum Cats' for 3rd Time as Mint Site Gets Fixed, Tested
Taproot Wizards struggled with technical issues during Monday's initial attempt to sell about 3,000 of the "NFTs on Bitcoin." The team says they underestimated demand, and says the minting site is now fixed but needs more time for testing.
Superstate Debuts Tokenized Short-Term Treasury Fund on Ethereum to Compete for Zero-Yield Stablecoins
Superstate's USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.
Polygon Labs Cuts 19% of Staff, 60 Roles, for 'Enhanced Performance'
The Ethereum-focused developer firm attributes the layoffs to working more effectively, rather than financial reasons.
Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin's nascent DeFi scene