NEAR Foundation Partners With Alibaba Cloud to Accelerate Web3 Growth in Asia
The partnership will offer multi-chain indexing to provide data query API to developers.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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First Mover Asia: Bitcoin Opens the Week Above $30K Amid Rising Investor Optimism
ALSO: Ripple Asia's policy lead praises Japan’s crypto laws that favor consumer protection. Rahul Advani said that the country has created "a very clear taxonomy for digital assets."
CFTC Kicks Off Review of Kalshi's Congressional Control Prediction Markets
The U.S. Commodity Futures Trading Commission began a formal review and public comment period to evaluate prediction market Kalshi's proposed contracts to bet on who will control Congress.
Influencer Formerly Associated with Azuki Postpones NFT Drop After Plagiarism Accusations
Pseudonymous NFT researcher and artist Elena admitted to tracing other pixel art to pad out her upcoming collection Atomic Ordinals.
Soccer Franchise FC Barcelona Scores World of Women for Upcoming NFT Release
Empowerment, the second NFT in the football club’s ten-piece Masterpiece collection, is a one-of-one created in collaboration with World of Women that pays tribute to Spanish player Alexia Putellas.
Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts
The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021, as the SEC sued Coinbase for offering unregistered securities this month.
2020 Twitter Hacker Sentenced to 5 Years on Crypto Theft, SIM Swapping Scheme
Joseph O'Conner, a British man who made roughly $900,000 in an elaborate Twitter hack and a separate crypto-related SIM-swapping scheme, received a 5 year sentence from a federal judge on Friday, Inner City Press reported.
Brazilian Central Bank Adds Crypto Exchange Mercado Bitcoin in CBDC Pilot Including Mastercard
The approved consortium includes Mastercard, broker Genial, registrar Cerc and financial software fintech Sinqia as partners.
How Gaming, Loyalty and Entertainment Are Adapting to the Rise of NFTs and Web3
The gaming, entertainment and loyalty industries are poised for big changes, thanks to Web3 tech such as NFTs and DAOs. We talk to the experts on how. Plus, Nike and Puma announced new digital partnerships that show Web3 is still kicking.
Binance Ordered to Halt Offering Crypto Services in Belgium by Markets Regulator
The crypto exchange is accused of serving Belgian customers from countries outside the European Economic Area in violation of the law, the FSMA has said.
Home Improvement Giant Lowe's Is Selling an Mfers Meme NFT Garden Flag
The "Evergreen Siezenals" garden flag is selling for $39.98 at Lowe's. It features the phrase "cc0 summer 2023" and mfers characters and comes with a replica NFT that can be redeemed online.
Bitcoin Hits One-Year High, Soars Past $31.3K
The largest cryptocurrency by market capitalization has been surging this week after three financial services giants filed applications for spot bitcoin ETFs.
Sam Bankman-Fried Can't Subpoena Law Firm Fenwick & West for Documents, U.S. Judge Rules
The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was "at the core" of the government's criminal allegations against him.
SEC Sought Freeze Order Despite ‘No Evidence’ That Binance Was Moving U.S. Customer Funds
The SEC’s “pre-crime” litigation strategy seemed to annoy Judge Amy Jackson.
Leveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor Says
Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective on Friday, an executive at the company told…
APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal.
Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit
Crypto exchange Coinbase won a reprieve from the U.S. Supreme Court on Friday, after the high court ruled that a lawsuit filed by one of the exchange's users couldn't proceed until Coinbase defends an appeal of a lower court ruling.
Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says
The global anti-money laundering watchdog FATF said North Korea is using digital assets to fund weapons of mass destruction
Will BlackRock's Bitcoin ETF Take the Spirit Out of the Honey Badger?
Financial advisors will want a simple story to tell.
Circle Was Top Depositor Aided by SVB Government Rescue: Bloomberg
The FDIC guarantee included over $3.3 billion the USDC stablecoin issuer held at the lender.
Bitcoin Cash Prices Spikes to Four-Month High; Open Interest Rises to 77%
Bitcoin Cash (BCH) has surged by 36.5% in the past three-days after EDX, the exchange backed by Fidelity, Schwab and Citadel, listed it alongside bitcoin (BTC), ether (ETH) and litecoin (LTC).
First Mover Americas: Bitcoin Might Take a Breather
The latest price moves in bitcoin (BTC) and crypto markets in context for June 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BCB Group's Deputy CEO Departs After Failed German Bank Acquisition
The crypto banking firm said last week that it had ended its planned acquisition of Germany’s Sutor Bank, citing regulatory delays and market conditions.
JPMorgan Expands Its Blockchain-Based Token to Euro Payments: Bloomberg
Since its inception in 2019, over $300 billion in transactions have been processed using JPM Coin.
Crypto Ban May Not Be Best Approach to Balance Risk, Demand: IMF
The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs in a post.
Crypto.com Approved to Operate in Spain
The crypto exchange said it has registered as a virtual asset service provider with the country's central bank following a "comprehensive" compliance review.
Alameda Seeks Return of $700M Paid to ‘Super Networkers’ for Celebrity, Political Access
Sam Bankman-Fried promised billions to Michael Kives and Bryan Baum after being awed by their connections to politicians, billionaires and reality TV stars.
SEC Relinquishes $30M BlockFi Penalty Until Investors Are Repaid
The regulator agreed to forego the payment, owed as part of a settlement of charges against BlockFi, to maximize and speed up payments to investors.
Only Bitcoin Miners With Low Power Costs and High Sustainable Energy Mix Will Survive: JPMorgan
Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said.
CFTC Takes Action Against New York Resident for $21M Crypto Pooling Scam
The Commodity Futures Trading Commission (CFTC) has filed an enforcement action against a New York city resident, William Koo Ichioka, for fraudulently misappropriating over $21 million from over 100 commodity pool participants' funds.