BNB Chain’s Layer 2 Network opBNB Goes Live
The Ethereum Virtual Machine (EVM)-compatible L2 chain scalability solution based on Optimism OP Stack expands the BNB Chain ecosystem to provide cheaper gas fees for projects.
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Ripple Will Do 80% of Its Hiring This Year Outside the U.S: Bloomberg
Brad Garlinghouse said the firm will look into hiring in countries where there is regulatory clarity.
OneCoin Co-Founder Karl Greenwood Sentenced to 20 Years in Prison
U.S. District Judge Edgardo Ramos also ordered Greenwood to forfeit $300 million, the approximate amount he pocketed from the scheme.
Crypto Market Shows Signs of Stability Ahead of U.S. CPI
While some economists predict a jump in U.S. CPI compared to July, Factset research shows inflation is becoming less of a concern for large companies.
Web3 Doesn’t Care About Bitcoin Prices – And Other Musings From Korea Blockchain Week
A packed venue and hopeful cheers from an estimated 10,000 people attending the many Web3 panels could have made one doubt whether the industry remains in one of the deepest bear markets in its young history.
Messaging App Telegram Gives Endorsement to TON Project; Token Surges
The messaging app has made TON its official Web3 infrastructure, giving the network exclusive promotion within the user interface.
FTX Tweaks Crypto Sale Proposal to Placate U.S. Government
The bankrupt crypto exchange wants to sell off its billions of dollars in crypto before returning funds to creditors – but doesn’t want markets forewarned
BitMEX's Prediction Market Is Now Live
Current prediction market contracts revolve around FTX bankruptcy claim recoveries, the future of bitcoin ETFs, and Sam Bankman-Fried’s jail sentence.
Craig Wright's Financial Disclosure Form in $143M Court Case Was Incomplete
A recent court order grants W&K Info Defense civil sanctions against Wright for incomplete financial disclosures, yet stops short of bringing criminal charges against the so-called inventor of Bitcoin.
CoinDesk Indices Expands Into Asia-Pacific Through Deal With Major Exchange Operator ICE
ICE Futures Singapore's bitcoin futures contracts will now be known as CoinDesk Bitcoin Futures contracts.
Zodia Custody Looks to Drive Institutional Access to Polkadot Ecosystem
The company plans to provide custody for the Polkadot ecosystem, offering digital asset storage services for financial institutions
Sam Bankman-Fried Remains Stuck in Jail
Sam Bankman-Fried lost a bid to be released from jail ahead of his trial next month. All hope isn’t lost for him, but time is running out for the FTX founder.
Fear of FTX-Spurred Crypto Crash Is Overblown, Analysts Say
Crypto markets slumped Monday, possibly in part due to fears of FTX unloading its $3.4 billion crypto assets.
Judge Denies Sam Bankman-Fried's Bid for Release From Jail Ahead of Trial
A federal judge refused Sam Bankman-Fried's bid to be released from jail ahead of trial on Tuesday.
Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto
While U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler was in the hot seat at a Senate hearing on Tuesday, the most important crypto sentiments may have come from Sen. Sherrod Brown (D-Ohio), who tarred much of the industry as…
Crypto Price Whipsaw Triggers $256M in Liquidation Losses
This week’s quick plunge and rebound in cryptocurrency prices triggered $256 million in liquidation losses, Coinglass data shows.
Namesake of Ethereum's 'Danksharding' Says 'Data Availability' Too Confusing a Term
The Ethereum Foundation's Dankrad Feist says he thinks a lot of people are stumped by the term "data availability," even as the concept gains momentum in blockchain tech circles.
Coinbase Paves Way for Big Institutions to Do More With Web3, DeFi, NFTs
Coinbase, best-known for being one of the largest crypto exchanges for retail customers, continued its expansion into the professional space with the introduction Tuesday of a Web3 wallet designed to help institutions get into NFTs and other…
Coinbase to Face ‘Reality Check’ as Retail FOMO Is Fading, Mizuho Says
In a break with historical norms, the exchange’s volumes continue to fall even as the bitcoin price has risen, suggesting disengagement by retail customers, the report said.
Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources
Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.
Franklin Templeton Joins Bitcoin ETF Race
Franklin Templeton has filed with the SEC for a spot bitcoin ETF.
Headline CPI Expected to Have Spiked Higher in August, but Core Rate Seen Slowing
The U.S. government on Wednesday morning will release its latest official inflation data.
Ethereum Developer Consensys Unveils ‘Snaps’ Add-Ons for MetaMask Wallet
According to a press release, Snaps are “new features and functionality, created by third-party developers, that MetaMask users worldwide can install directly into their wallet."
Dunhill Family Office Makes Bear Market Bet on Crypto
The family office is investing through its Dunhill Ventures subsidiary into Lichtenstein-regulated VC firm Mocha Ventures.
Incoming BOE Deputy Governor Highlights Crypto Risks, Cites Benefits at Parliamentary Hearing
There are benefits to crypto technology, and the digital pound could anchor digital money, Sarah Breeden said.
First Mover Americas: Altcoin Crash May Be on the Cards
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.