Web3 Gaming Company Saltwater Raises $5.5M Seed Funding
Saltwater closed its seed round on the heels of acquiring gaming developers Maze Theory, Nexus Labs and Quantum Interactive.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Celsius' Bitcoin Mining Assets to Restart as New Firm Prepares to Go Public
The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s).
Market Manipulation May Have Hit Majority of New Ethereum Tokens in 2023: Chainalysis
A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023.
First Mover Americas: Bitcoin Regains $42K Following Wednesday's Dip
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg
The bank released a cryptocurrency custody platform in November.
Binance Sued by Families of Hamas Victims, Hostages
The plaintiffs, who are also suing Iran and Syria, say the crypto exchange facilitated the financing of Hamas and other terrorist groups between 2017 and 2023.
ARK Invest Says Optimal Bitcoin Portfolio Allocation for 2023 Was 19.4%
The optimum allocation is up from 0.5% in 2015 and 6.2% in 2022.
India Keeps Stiff Taxes on Crypto as Interim-Budget Is Revealed in Election Year
India has not introduced any changes to the controversial tax deducted at source (TDS) affecting the crypto industry.
It May Be Time for Bitcoin Traders to Focus on John Bollinger's Price Bands Again
Bitcoin's monthly chart Bollinger bandwidth resembles a pattern seen before the near-vertical rallies of 2020 and 2016.
'Bitboy' Ben Armstrong is Stopping Daily Crypto Show After 3 Years
Ben Armstrong, the brash crypto influencer whose precipitous rise as the "Bitboy" vlogger came crashing down under corporate and personal scandal, is stopping his daily livestream after three years.
Celsius to Distribute $3B Crypto to Creditors as Firm Emerges From Bankruptcy
The distribution will be made through PayPal and Coinbase.
Bitcoin Dips to $42.4K as Fed's Powell Pours Cold Water on March Rate Cut
Bitcoin dipped to $42,300, while crypto majors ETH, ADA, DOT fell 3%-4% with Solana's SOL tumbling over 6%.
30 Reasons to Love Vitalik Buterin, on His 30th Birthday
The co-founder and spiritual leader of Ethereum has achieved more than most in his relatively short lifetime.
The Protocol: Bitcoin NFT Debacle, Vitalik's 30th, Farcaster Frames, 'Private Mempools'
In this week's issue of The Protocol newsletter, our Sam Kessler writes about the "private mempools" that Ethereum users are increasingly relying on to avoid front-running MEV bots. PLUS: Margaux Nijkerk explores the growing use of "councils" to…
CoinDesk Brings Back 'Microcosms' NFT Consensus Ticket
Minting is live for the 1,000-run collection, whose additional perks will let holders get the most out of Consensus 2024 in Austin, Texas.
Fed Leaves Rates Unchanged, Sounds Hawkish Note on March
Bitcoin investors have mostly been focused on spot ETFs and the upcoming halving, but central bank monetary policy is also likely to play a sizable role in the 2024 price outlook.
Crypto Market Maker GSR Appoints Former JPMorgan Executive as Head of Trading
The new hire happens as digital asset markets are maturing and have become increasingly intertwined with traditional finance.
Time to End Craig Wright’s Harassment Campaign Against Bitcoin Devs
Craig Wright has repeatedly litigated anyone questioning his claim to be Satoshi, harming numerous people in crypto in the process. The Crypto Open Patent Alliance aims to put a stop to this as its case comes to court Feb. 5.
CoinDesk Mothballs DESK Reward Token Program
It was an experiment in driving community engagement, and we're leaving the door open to relaunching DESK or something similar in the future.
JUP Token Soars After Massive $700M Jupiter Airdrop to Solana Wallets
Validators called the airdrop a success. "Surprisingly, nothing notable" broke, one operator said.
From Speculation to Fundamentals: A New Paradigm for Crypto Markets
New markets take time to mature and crypto is no different. The next stage will see more attention given to fundamental metrics and better data will drive the change, says Michael Nadeau, founder of The DeFi Report.
How the Launch of Spot ETFs Could Dampen Bitcoin’s Volatility
The approval of a wave of bitcoin exchange-traded funds will lead to a more mature market structure, say Vivek Chauhan and David Lawant, of FalconX.
Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto
The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”
FTX Expects to Fully Repay Customers but Won't Restart Defunct Crypto Exchange
Its FTT token surged nearly 11% after the news.
Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap
The USDT stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation.
Global X Pulls Out of Spot Bitcoin ETF Application
Global X, one of the former contenders for a spot bitcoin exchange-traded fund (ETF), has withdrawn its application, according to a Jan 30 notice from Cboe BZX Exchange, which could have listed the fund.
Labour Wants UK to Be a Securities Tokenization Hub and Advance Digital Pound Work
The opposition party leads the polls in what's likely to be an election year.
UK Police Seize Nearly $1.8B of Bitcoin From Investment Fraud in China: FT
A London court heard of the seizure Tuesday as part of the trial of Jian Wen, who is accused of laundering bitcoin on behalf of her former employer, Yadi Zhang, FT reported.
New York Community Bancorp Shares Tumble After Earnings Miss, 71% Dividend Cut
The bank took over defunct Signature Bank's non crypto-related deposits last year.
Inside the 'Private Mempools' Where Ethereum Traders Hide From Front-Running Bots
These private mempools – where blockchain transactions avoid the eyes of front-running bots – promise to offer better settlement and lower fees to Ethereum users, but experts are sounding the alarm bell on some big risks.