The Blockchain-Based Solution Poised to Improve Our Financial Lives
Tokenization grabs headlines, but digital wallets hold tremendous promise, too.
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Stablecoins: Roman Coins or Spanish Doubloons for the Modern Era
Borderless by design, these modern digital tokens can make cross-border commerce much cheaper and easier.
‘Mr. Bitcoin Is About to Go Down Big’: Jim Cramer Expects Lower Prices
Cramer in 2021 said he sold most of his bitcoin holdings.
Bitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ Plan
The goal of BitVM is to enable Turing-complete Bitcoin contracts without making the network more complicated for other users.
Crypto Bank Xapo Snags European Broker License, Will Offer Stocks Like Apple
The Markets in Financial Instruments Directive (MiFID) license will soon allow the firm to offer S&P 500 stocks. In addition, Xapo, which has always been bitcoin-only, plans to add Ethereum’s ETH.
Caroline Ellison on FTX’s Final Days: ‘I Felt Relief I Didn't Have to Lie Anymore’
Former Alameda Research CEO Caroline Ellison retook the stand on Wednesday after testifying that her former boss and boyfriend, Sam Bankman-Fried, had directed many of FTX’s now-public missteps.
EU Markets Regulator Warns of DeFi’s ‘Serious Risks’
ESMA, responsible for rulemaking under the bloc’s landmark new crypto law MiCA, is worried about new forms of market manipulation when there’s no central counterparty
Tornado Cash Trading Volumes Nosedived 90% After U.S. Sanctions
While North Korean hackers have mostly moved to other Bitcoin mixers, some illicit use of Tornado Cash continues, a report from TRM Labs says.
Crypto Prime Broker Membrane Labs Raises $20M From Brevan Howard, Point72 and Jane Street
Membrane Labs, a cryptocurrency-focused trading and lending platform, has raised $20 million in a Series A funding round, with participation from big names like Brevan Howard Digital and Point72 Ventures. The capital will be used to help build the…
First Mover Americas: JPMorgan Goes Live With First Blockchain-Based Collateral Settlement
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
U.S. State Regulators Intervene in Coinbase’s Unregistered Securities Case
Amicus briefs filed to support the SEC argue crypto is insignificant, only used for speculation, and captured by existing investor-protection rules
Bitcoin Is Fundamentally Different From Other Cryptocurrencies: Fidelity Digital Assets
The crypto’s technological breakthrough was not as a superior payment method but as a superior form of money, the report said.
Ellison Was CEO But SBF Was Still Boss at Alameda, Her Testimony Suggests
The testimony of Caroline Ellison, the former business, romantic – and by her estimation, criminal – partner of Sam Bankman-Fried, whom she identified upon prosecutors’ request – began in the vaguest of ways.
HODLers Stash BTC Worth $1.35B Each Month, Onchain Data Show
The continued accumulation shows tightening supply and a widespread reluctance to transact, according to Glassnode.
Bitcoin Slips to $27K as Escalating Hamas-Israel Conflict Dampens Investor Confidence
Traders expect risk assets to fall further should geopolitical tensions continue to rise.
WOO Network Buys Back Shares and Tokens From Bankrupt Three Arrows Capital
The 20 million WOO tokens repurchased from 3AC have been sent to a burn address.
Sam Bankman-Fried Wanted to Close Alameda in 2022, Unpublished Posts Show
He had hoped to continue Alameda as an investment firm and infrastructure developer, but claimed in the posts that Alameda wouldn’t actively trade.
SBF's Lawyers Want to Ask Caroline Ellison About FTX's Anthropic AI Stake
Sam Bankman-Fried's attorneys asked Judge Lewis Kaplan, who's overseeing the case, to grant them permission to ask former Alameda Research CEO Caroline Ellison about whether she deleted Signal messages at FTX lawyers' advice and what Anthropic AI's…
Tokenized RWA Platform Untangled Goes Live, Gets $13.5M Funding to Bring Private Credit On-Chain
Tokenized real-world asset (RWA) marketplace Untangled Finance went live Wednesday on the Celo network after securing a $13.5 million venture capital boost to bring tokenized private credit to the blockchain, the company told CoinDesk.
U.K. Group Calls for NFT Copyright Infringement Safeguards and Code of Conduct
The Culture, Media and Sport Committee, which includes representatives from several political parties, started an inquiry into non-fungible tokens in November.
Bitcoin Hovers Above $27,000 as U.S. Stocks Advance
Meanwhile, bitcoin's dominance continues to climb
BlockFi Bankruptcy Judge Says He Wants 3AC’s $284M Claim Resolved in Mediation
Failed crypto hedge fund Three Arrows Capital’s (3AC) attempt to pursue a $284 million claim against crypto lender BlockFi was put into mediation by the U.S. bankruptcy judge overseeing BlockFi’s case.
Israeli Crypto Firms Scramble to Deal With War, in Between the Sirens
Few operational disruptions were reported, but some crypto employees were getting called up for reserve duty. Executives and developers coped with the stress of attending funerals, responding to security warnings and encountering supermarket…
Star Witness Caroline Ellison Says Sam Bankman-Fried Directed Her to Commit Fraud
Caroline Ellison, the former CEO of crypto hedge fund Alameda Research, is the government's star witness in its prosecution of alleged crypto fraudster Sam Bankman-Fried.
Billionaire Paul Tudor Jones Backs Bitcoin and Gold as Geopolitical Risks Rise
Jones said the U.S. in moving towards an “untenable fiscal position.”
Binance's U.K. Partner Can't Approve Crypto Ads, Regulator Says
The Financial Conduct Authority may have derailed Binance's plans to comply with the new crypto marketing regime by imposing restrictions on the firm's recently enlisted local partner.
Key Points From the Sam Bankman-Fried Trial's First Week
It’s been less than a week since the federal government’s trial against FTX’s Sam Bankman-Fried began, but we’ve already heard from an FTX co-founder, a former developer, a customer and an investor.
First Mover Americas: Bitcoin Dominance Continues to Climb
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.