Arbitrum Blockchain Traders Can Now Protect Against 'Impermanent Loss'
GammaSwap developers say it's the first application to allow Arbitrum users to hedge against supplied liquidity by letting them go short on those positions.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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First Mover Americas: Bitcoin Hovers Around $27K Ahead of Fed Decision
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 20 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport
The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said.
UK Just Passed an Online Safety Bill That Will Apply to the Metaverse
The bill requires companies to assess the likelihood that children will encounter harmful content in virtual worlds and have measures in place to mitigate such risks.
Bitcoin Holds Above $27K; XRP, ADA, DOGE Trade Little Changed
“All financial markets have taken a wait-and-see approach ahead of monetary policy decisions in the U.S., Switzerland, the U.K. and Japan,” one analyst said.
DeFi Protocol Balancer Says Web Front End Is ‘Under Attack’
On-chain data appears to show the attacker has stolen over $200,000 from users.
The Salvation of Domain Ownership May Lie in Tokenization, and One Firm Is Pressing Hard to Make This a Reality
URLs are the pathway to the internet. While top domains might fetch in the hundreds of millions, they are still auctioned off like it’s the twentieth century. Here’s how web3 can change that.
Avalanche Developer, Known for Minting Millionaires and Duds, Is Back With ‘WAGMI’ Tokens
Sestagalli’s previous Avalanche projects created a cult-like following in the 2021 bull run under the “frog nation” moniker.
Bitcoin Price Volatility Likely to Stay Depressed After Fed Rate Decision
The Fed will announce its rate decision on Wednesday at 14:00 ET. The way bitcoin options are priced suggests the cryptocurrency may not move more than 3% by Friday.
Stanford University Will Return 'Gifts' Donated by FTX: Report
Stanford University will be returning "gifts" it received from FTX, allegedly orchestrated by Sam Bankman-Fried's parents, according to a Bloomberg report.
Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
The company filed for bankruptcy in August.
Ether Drops to 14-Month Low Against Bitcoin as Vitalik Buterin, Ethereum Whales Send $60M ETH to Exchanges
The recent decline in the ETH/BTC ratio continues a trend that began more than a year ago.
Bitcoin Hangs on Just Above $27K Ahead of Fed Rate Decision
The Fed on Wednesday is widely expected to hold rates steady, but investors will monitor new economic projections and Chairman Powell's press conference for clues about the direction of future policy.
U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi
The U.S. Securities and Exchange Commission (SEC) isn’t done chasing down crypto exchanges and decentralized finance (DeFi) projects it sees as violating securities laws in the same vein as Coinbase Inc. (COIN) and Binance, said David Hirsch, head…
Crypto Wants a De Minimis Tax Exemption in the U.S.
The leaders of the Senate Finance Committee, Sens. Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) published an open letter in July asking the crypto industry to weigh in on crypto tax issues, including loans, staking, mining, constructive sales and…
Binance’s Bitcoin Trading Volume Plunges 57% as Regulatory Pressure Mounts
As legal challenges against Binance mount, the average spot BTC trading volume on the platform has decreased 57% since Sep. 1
Sam Bankman-Fried’s Dad Thought His Son Wasn’t Paying Him Enough, So He Got Mom Involved
The alleged dispute over Joe Bankman’s $200,000 FTX salary versus his desired $1 million points to an unusual family dynamic at the former cryptocurrency colossus.
Eventually, We Are All Ethereum
History suggests that, slowly but surely, all layer 2s will migrate to the Ethereum, says EY’s Global Blockchain Leader.
Appeal Court Punts on Bankman-Fried's Bid to Secure Release from Jail
The one-time crypto exchange executive has made several arguments to get out of jail before his trial.
Some Binance EU Users Find Fiat Withdrawals Cut Off Even Before Paysafe Ends Service
Binance says Paysafe gave it short notice that a “very small portion” of European users will be subject to an earlier closure before the payments provider pulls support for the exchange on Sept. 25.
CZ Denies Binance.US Used Ceffu or Binance Custody in Apparent Contradiction
Binance.US previously told a DC court it used custody software offered by Binance’s international arm that was later rebranded Ceffu.
First Mover Americas: Bitcoin Hits $27K for First Time in Two Weeks
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Cøbra Can't Fight $700K Craig Wright Legal Fees as an Anon, UK Judge Rules Again
The pseudonymous Bitcoin.org operator lost an appeal on a November ruling that said he cannot challenge legal fees from the self-proclaimed Bitcoin inventor while remaining anonymous.
Optimism Quietly Rolls Out Third Community Airdrop
Optimism airdrops 19,411,313 token worth $27 million.
Nomura's Laser Digital Starts 'Bitcoin Adoption Fund' for Institutional Investors
The Bitcoin Adoption Fund will provide long-only exposure and will be the first in a range of such digital asset investment products offered by Laser Digital.
Crypto Firms, Banks Asked to Discuss UK Debanking, Regulator Says
While crypto firms have struggled to access banking services in the country, a wide-ranging FCA report on debanking follows allegations from broadcaster Nigel Farage that his bank account was shuttered due to his political views.
The SBF Trial: How Did We Get Here?
Sam Bankman-Fried stands accused of committing wire fraud and conspiracy to commit several other types of frauds. His once-mighty crypto exchange, FTX, collapsed in dramatic fashion nearly a year ago, shedding billions in value. And in two weeks…
JPEX Drama Shows Need for Crypto Regime, Hong Kong Leader Says
The territory’s leader urged investors to use licensed platforms and promised more education about crypto risks
Citigroup Unveils Token Services for Institutional Clients
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority.