To Identify or Not in a Web3 World?
By striking a balance between privacy and identity verification, blockchains can realize their full potential and lure institutional money.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Bitcoin (Somewhat) Takes Binance Accusations in Stride
As the U.S. government’s fight against crypto intensifies, there is some evidence the industry is weathering it better than past shocks.
Health and Fitness App Sweat Economy to Vote on 'Reallocating' 2.5B Inactive Tokens
The 2.5 billion SWEAT tokens, which constitute around 13% of the total supply, were allocated to users at the app's conception last September.
U.S. SEC Enforcement Could Boost Europe's Crypto Chances, Officials Say
EU officials are hoping to tempt crypto innovators as Binance and Coinbase complain of regulation by enforcement in the U.S.
Crypto Needs to Be Private by Default, Some Consensus 2023 Guests Say
Participants at Consensus 2023 describe the tension between the need for privacy, transparency and regulation in crypto and DeFi in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.
No More FTXs! Consensus 2023 Attendees Discuss Future of Crypto Custody
FTX's collapse reignites the self-custody debate with Consensus 2023 attendees in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.
First Mover Americas: Bitcoin Shows Resilience Amid SEC Lawsuits Against Binance, Coinbase
The latest price moves in bitcoin (BTC) and crypto markets in context for June 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint.
Research Shows Majority of Pepe Investors Caught in High-Stakes Game of Musical Chairs
The majority of investors did not stand to gain from Pepecoin's herculean rise, indicating a limited window for potential gains.
Crypto Tokens' Status as Securities or Commodities Is Key to SEC's Binance, Coinbase Suits: Bernstein
Crypto regulation has become a political debate and a turf battle between the SEC and the CFTC, the report said.
Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet
Aave Companies proposed two key features for the decentralized stablecoin in a governance post on Tuesday.
Bitcoin, Dogecoin Lead Bounce in Crypto Majors Day After Record 8-Month Liquidations
Crypto markets added 3.3% to overall capitalization in the past 24 hours as some opined the recent SEC filings could strengthen bitcoin's value proposition among investors.
U.S. Lawmakers Urge IRS, Treasury to Hurry Crypto Tax Rules
Congressmen Brad Sherman and Stephen Lynch called the crypto industry "a major source of tax evasion" in a letter asking for the prompt release of proposed regulations.
SEC’s Binance.US Probe Started in 2020, Court Filings Show
The securities regulator detailed evidence of hundreds of millions of dollars in profiteering by the crypto exchange as they seek to freeze assets of the company.
Stablecoin Issuer Circle Receives Digital Token License in Singapore
The issuer of USDC received in-principle approval in November last year.
Cathie Wood's ARK Buys $21.6M Coinbase Shares as SEC Suit Sends Stock Tumbling
The purchase took ARK Invest's total Coinbase holdings to 11.44 million shares.
U.S. Court Tells SEC to Respond to Coinbase's Rulemaking Petition Within a Week
A U.S. judge has ordered the SEC to respond to Coinbase’s rulemaking petition or explain why it shouldn’t.
First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says
ALSO: Why Binance's alleged co-mingling of assets isn't the same as FTX's alleged co-mingling of assets.
Atomic Wallet Was Breached by North Korean Hackers: Elliptic
Wallets that siphoned Atomic users' funds are connected to the known Lazarus group's addresses, crypto tracing firm said.
SEC's Latest Crackdown Could Drive Crypto Firms Out of the U.S.
Companies such as Coinbase and Binance may not want to, but they could be forced to focus their efforts elsewhere.
SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets
The U.S. Securities and Exchange Commission (SEC) asked a court to grant a temporary restraining order to freeze assets tied to Binance.US on Tuesday.
Bitcoin Rallies Above $27K as Crypto Market Shrugs Off SEC Lawsuits Against Binance, Coinbase
Cryptocurrencies recovered some of their losses a day after Monday’s sell-off when the U.S. Securities and Exchange Commission sued Binance and deemed multiple altcoins unregistered securities.
Gary Gensler’s Evolving Position on Crypto – in Quotes
The SEC chair has gone from supporting the technology at MIT to a full-swing offensive on the crypto industry.
Optimism Completes ‘Bedrock’ Hard Fork, in Pursuit of Superchain
Developers behind the layer-2 scaling solution for Ethereum say the upgrade will reduce gas fees and cut deposit confirmation times.
One-Two Punch Finally Registers SEC View on Binance, Coinbase, Rest of Crypto
The U.S. Securities and Exchange Commission (SEC) tore off crypto’s bandage this week, with its back-to-back enforcement actions against two of the most prominent digital assets platforms, Binance and Coinbase (COIN), finally establishing its legal…
Coinbase Traders Withdraw $600M in a Day Amid SEC Lawsuits
The U.S. Securities and Exchange Commission sued Coinbase for violating federal securities laws on Tuesday, a day after filing a lawsuit against rival exchange Binance.
How AI is Transforming Music Creation in Web3
While AI and automation threaten to kill creative jobs, here's how the Web3 music world is embracing the technology to enhance their craft.
Are Centralized Exchanges in the U.S. Doomed?
With the SEC’s Binance and Coinbase lawsuits, the agency is signaling it really is now or never to “come into compliance.”
Louis Vuitton To Release $42,000 Physical-Backed NFTs
According to a Vogue Business, the collectibles are being sold as soulbound tokens, meaning they are non-transferable once purchased.
How to Build a Compliant Crypto Exchange Post-Coinbase
Crypto isn’t going anywhere — though Coinbase might — so what the market needs is a fresh start: new exchanges that can avoid the ever-present threat of SEC enforcement by being structured correctly in the first place, writes Preston Byrne.