FTX Plans to Return 90% of Customer Funds, But There's a Catch
An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Bitcoin Liquidity on Binance Plummeted During the ETF Rumor-Induced Market Rollercoaster: Kaiko
Several traders experienced 'slippage' as liquidity declined across major exchanges.
Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI and CPI Data
Protocol Village: ARPA Network's Random Number Generator 'Randcast' Live on Optimism
The latest in blockchain tech upgrades, funding announcements and deals. For the week of Oct. 16-22, with live updates throughout.
Uniswap Labs to Charge 0.15% Fee on Crypto Swaps Involving ETH, USDC, Other Tokens
The entity behind popular DeFi exchange Uniswap will levy a small fee – the first in its history.
What’s All the Fuss About Bitcoin ETFs?
Fake news of SEC approval for a spot Bitcoin ETF sent markets higher. Why are traders so obsessed with this new product?
Manta's Layer-2 Blockchain Already Plans to Ditch OP Stack for Polygon
The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides.
The Ripple Effects of a Spot Market Bitcoin ETF
Financial giants including BlackRock and Fidelity are looking to launch a bitcoin investment vehicle for people who do or cannot hold bitcoin directly.
What’s Next for Grayscale, Spot Bitcoin ETF After SEC Declines to Appeal Court Loss?
One analyst believes SEC Chair Gary Gensler has little choice but to soon approve the long-awaited vehicle.
Genesis Ordered to Comply With Terra Subpoena Within 5 Days
The crypto firm failed to comply with requests made as part of a probe into the collapsed stablecoin, a New York judge said
Binance to Stop Accepting New U.K. Users to Comply With Ad Rules
The firm will stop accepting new users starting Monday after U.K. regulator FCA last week restricted Binance's local partner from approving crypto ads.
Coinbase Ventures, Haun Ventures Raise Crypto Political Capital With University of Arkansas Tech Sprint
Former Top FTX Executive Testifies He Knew $8B of Customer Money Was Missing
Nishad Singh, the latest member of Sam Bankman-Fried’s inner circle to testify, said his admiration for SBF turned to “shame” on discovering FTX execs enriched themselves with customer funds.
Bitcoin Jumps to $30K, Then Dumps, as False Spot ETF Approval Report Circulates
More than $80 million in derivatives positions have been liquidated in the past hour as bitcoin (BTC) surged from $27,900 to $30,000 following an unverified about a spot ETF approval.
Tether Freezes 32 Crypto Addresses Linked to Terrorism, Warfare in Israel and Ukraine
Stablecoin issuer Tether has frozen 32 cryptocurrency addresses linked to terrorism and warfare in Israel and Ukraine, according to a press release.
Where Is Crypto Policy Heading in a Post-FTX World?
CoinDesk’s “State of Crypto” Week looks at the prospects for digital assets legislation and regulation in Washington D.C.
The Stablecoin Bill Is a Vital Upgrade for US Financial Plumbing
The Clarity for Payment Stablecoins bill is sensible legislation for technology that could help millions of people, says Circle’s Heath Tarbert, the former chair of the U.S. Commodity Futures Trading Commission.
First Mover Americas: Bitcoin Spot ETFs Inch Closer to Reality in U.S.
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
‘Elizabeth Warren Chalked the Field’: Former Congressmen Tim Ryan (D) and David McIntosh (R) on the Prospects for Crypto Legislation Before the Election
David McIntosh says the SEC’s approach to crypto “makes the consumer and the investor much more vulnerable.”
Hong Kong-Based Crypto Exchange OSL's Owner Weighing Sale at $128M Valuation: Bloomberg
BC Technology may elect to sell parts of OSL's business rather than the whole entity, according to the report, citing people familiar with the matter.
GameFi Token BIGTIME Rallies 250% in First Week; Analysts Raise Supply Concerns
BIGTIME debuted on select exchanges, including OKX and Coinbase, last Wednesday.
California 'BitLicense' Bill Signed by Gov. Newsom
The Digital Financial Assets Law will take effect on July 1, 2025.
Bitcoin Gains Spark Bullish Call of ‘$15T Asset;’ BTC Forks Jump
One bull said bitcoin is “more valuable than gold” and will become a $15 trillion asset.
SBF Trial: What Did FTX’s Terms of Service Say About Customer Funds?
A filing last week suggests Sam Bankman-Fried's defense wants to get back to the argument that Bankman-Fried did not technically commit wire fraud because FTX’s terms of service were worded in such a way that there's no case to argue funds were…
Ferrari to Start Accepting Crypto Payments in U.S: Reuters
Ferrari will subsequently extend the scheme to Europe in response to demand from its wealthy customers.
Investor Demand for Ether Staking Yields Has Slowed: Coinbase
Staking yields have dropped to 3.5% from above 5% in the last few months, the report said.
Binance Burns $450M BNB in Quarterly Move
The burn mechanism is based on BNB's price and the number of blocks generated on the BNB Smart Chain (BSC) during the quarter.
FTX Bankruptcy Estate Stakes $150M SOL and ETH as Sam Bankman-Fried's Trial Continues
Addresses tied to the bankrupt crypto exchange controlled by a creditors’ group have apparently staked the tokens to earn yield, blockchain data suggests.
Grayscale 'GBTC Discount' Narrows to Near 2-Year Low as SEC Misses ETF Appeal Window
The narrowing of the discount likely represents increased likelihood that Grayscale will be able to convert its close-ended bitcoin trust into a spot-based exchange-traded fund.