UK's New Online Safety Bill Applies to the Metaverse, Lawmakers Agree
The bill, nearing approval, has measures to prevent children from experiencing harm online.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Polygon Proposes Token Switch From MATIC to POL for More Utility
If approved by the community, POL will work as a multipurpose token that can be used to validate multiple Polygon-based networks.
Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC
Asserting powers over the $1 trillion crypto industry is of major significance, just like canceling student debt, the exchange’s lawyers argue.
Stader Labs Debuts Ether Staking Product With 6% Yield
Node operators can begin staking with just 4 ether on Stader compared to the currently required 32 ether.
BNB Chain to Tackle Blockchain Exploit Risks in Major July Hard Fork
The upgrade will push security measures immediately on the occasion of a blockchain exploit to safeguard user assets.
FTX Bankruptcy Lawyers Ask Court for $323M Recovery From FTX Europe Leadership
Crypto exchange FTX's lawyers have asked the bankruptcy court in Delaware to award recovery of more than $323.5 million from FTX's Europe leadership.
Dapper Labs Lays Off 51 as NFT Market Stays Chilly
Dapper Labs made prior cuts in February and November.
First Mover Asia: Bitcoin Holds Steady Over $30K as Inflation Data, Macro Issues Leave Investors Increasingly Unmoved
ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities.
Binance Labs Invests $15M in Web3 Gaming Startup Xterio
The capital will help Xterio add more games and artificial intelligence integrations to its platform.
Even as Inflation Risk Fades, Bitcoin Remains Stuck Below $31K
Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher.
Circle Cuts Workforce, Ends Certain 'Non-Core' Activities; Will Continue Hiring Globally
Stablecoin issuer Circle has cut its workforce slightly to maintain a “strong balance sheet,” the company said Wednesday.
Elon Musk's New ChatGPT Competitor Boosts AI-Related Crypto Tokens
Tokens such as AGIX and FET saw modest bump after Musk announced new Artificial Intelligence (AI) company "xAI" to take on ChatGPT.
Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading
The founder of crypto exchange Digitex, Adam Todd, has been ordered by a federal court to pay almost $16 million to resolve accusations that he ran an illegal platform and sought to manipulate its native token, DGTX, the U.S. Commodity Futures…
Google Play Changes Policy on Tokenized Digital Assets, Allowing NFTs in Apps and Games
Google Play announced a major shift in policy today, allowing developers to incorporate digital assets such as NFTs into their apps and games in the store. Companies that decide to offer the ability to buy, sell or earn tokenized assets will be…
Crypto Analysts Can Learn Something From Baseball
Searching for crypto’s future stars among young prospects.
Can Crypto Match the Internet and Hit 5B Users?
While early growth in both spaces has been eerily similar, don’t get too excited about crypto’s future.
The Jackson Pollock Studio Splatters Beyond the Physical, Releases Digital Art Collection
Beyond the Edge, inspired by the famed artists’ former workspace, features digitized Pollock works that come with a physical counterpart.
What Is Ethereum’s ‘Data Availability' Problem, and Why Does It Matter?
Separate “data availability” layers could reduce congestion on the Ethereum network by making it easier for ancillary “rollup” networks to verify that transactional details exist and are available to download if needed — without actually…
Coinbase Adds Ability to Direct Message Any Ethereum Address
The new messaging feature will let any two Ethereum addresses talk to each other.
Silk Road–Linked Bitcoin Worth $300M Moved by U.S. Government: On-Chain Data
A wallet tagged as belonging to the U.S. government has moved over $300 million worth of bitcoin (BTC) in three separate transactions.
Digital Toy Company Cryptoys Integrating Kid-Friendly AI Chatbot Into NFTs
The company’s ChatGuardian is designed to be as “safe as possible” and will allow kids to play and interact with their Cryptoys NFT, while allowing parents to filter and control the conversations.
Crypto Criminals Stealing Much Less Money in 2023: Chainalysis Report
Crypto crimes are raking in far less revenue this year due to a dry-up among hacks and scams, according to Chainalysis.
Snoop Dogg and a16z Back Web3 Music Platform Sound’s $20M Funding Round
The company aims to help artists make a living for their music by minting their songs on-chain and selling them directly to fans.
DeepBook Brings Centralized-Style Orders for Decentralized Finance on Sui Network
Layer-1 blockchain Sui announced the release of DeepBook, a decentralized central limit order book (CLOB) that will support all applications built on the network.
Bitcoin Holds Just Below $31K After U.S. Inflation Improves More Than Forecast
Economists had forecast sizable year-over-year declines in both headline in and core inflation for this report.
First Mover Americas: Bitcoin Continues in Holding Pattern Ahead of June U.S. Inflation Data
The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Coinbase Key Metrics Show Bullish Outlook Among Traders With Short-Term Caution
Coinbase has missed out on “a significant portion of the cryptocurrency market's upside” and is expected to join this move later, one trader said.
Bitcoin April 2024 Forecast Raised to $56.6K: Berenberg
The bank lifted its MicroStrategy price target to $510, representing 24% potential upside, the report said.