Bitcoin's 'Estimated Leverage Ratio' Hits Lowest Since December 2021
The estimated ratio indicates how much leverage is used by traders on average, according to CryptoQuant.
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DEX Merlin and CertiK Plan to Compensate $2M to Users Impacted in Rugpull
A rogue developer behind the hyped launch allegedly conducted the rugpull on Wednesday.
Bitcoin Volatility Hits Longs and Shorts as $175M Liquidated, $1B in Open Interest Wiped
Few leveraged futures traders were safe as bitcoin’s price movements impacted both longs and shorts.
First Mover Asia: Bitcoin Seesaws Wildly Before Settling Above $29K
ALSO: Writing about different sessions at Consensus 2023, CoinDesk columnist Daniel Kuhn considers the difficulty that the builders of decentralized finance (DeFi) and financial regulators are having in finding linguistic common ground.
Ex-a16z Engineering and Security Heavyweights to Start Crypto Custody Firm: Source
a16z’s former CTO, Riyaz Faizullabhoy, and former CISO Nassim Eddequiouaq have the blessing and seed backing of the venture capital giant, a person familiar with the plans said.
Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree
In a wide ranging conversation, four crypto industry senior executives discussed what’s next in the digital asset market's evolution.
Bitcoin Could Be 'Great' Investment for IRA or 401K Plans
Retirement accounts offer tax-free crypto investing forever and provide an effective way to lower overall portfolio risk said ForUsAll CEO David Ramirez
Technology Is Blocking Mass Adoption of Web3
The clumsy and confusing user experience of onboarding into Web3 is preventing broad adoption, but technological improvements are the solution, says a panel of Web3 executives.
Tradfi Sees Opportunity in Crypto Despite ‘Red Wedding,’ Burning Buildings
Institutional investors are salivating over opportunities in growth equity and depressed tokens that took an undeservingly excessive hit during crypto's bear market, market participants said during Wednesday's Consensus 2023 event.
Grayscale CEO Expects Decision on Attempt to Overturn SEC's ETF Rejection by End of 3Q
Michael Sonnenshein still sees crypto industry in its "early days."
Salesforce Exec: Web3 Needs a 'Reboot'
Salesforce Senior Vice President Marc Mathieu said at Consensus 2023 That Web3 leaders must promote decentralization and build communities to win over new users.
WisdomTree CEO Says Crypto Is “Natural Evolution” of ETF Products
WisdomTree CEO Jonathan Steinberg discusses his company’s soon-to-launch crypto wallet for trading tokenized real world assets such as gold. Blockchain brings democratization to traditional finance, he tells CoinDesk Editor-in-Chief Kevin Reynolds.
Web3 Culture Is 'Not Dead' But as Strong as Ever, Say Brand Leaders
Creators, leaders and builders from the NFT space spoke about the resilience of Web3 at CoinDesk's annual Consensus conference.
Tokenization of Real-World Assets 'Changes How Value Is Transferred'
Tokenization has been around for a while, but panelists at CoinDesk Consensus discussed how it changes the game.
Bitcoin Tumbles as Wild Crypto Market Swing Causes $310M Losses From Liquidations
The CoinDesk Market Index (CMI), which tracks the performance of the broader crypto market, plummeted 5.6% in an hour.
Art Blocks Co-Founder Erick Calderon Uses Free Market Ideals to Defend NFT Royalties
Erick Calderon, the co-founder of Art Blocks, tried to turn down the heat on the battle around non-fungible token (NFT) creator royalties at CoinDesk’s Consensus Festival. He made his own opinion on the matter clear, however: according to Calderon…
Franklin Templeton CEO: The Future of the Crypto Industry Is Regulated
At CoinDesk’s annual Consensus conference, CEO Jenny Johnson said cryptocurrencies like bitcoin were a “distraction” from the benefits of blockchain technology.
CeFi Exchanges Helped Mass Crypto Adoption; DeFi Will Further It
Centralized exchanges will continue to serve as a first step into crypto but decentralized exchanges will further the future of financial systems, panelists say at Consensus.
A $1.4T Financial Giant Expands Its Money Market Fund on Polygon
Franklin Templeton claims that the fund will be the first U.S. registered mutual fund run on blockchain technology.
Regulation Clarity Will Bring on More Consumer Web3 Users, PepsiCo’s Executive Says
PepsiCo Head of Next Gen DTC Connections and Innovation Kate Brady talks about the urgency in regulatory clarity in the customer web3 space at CoinDesk Consensus 2023 conference.
SushiSwap to Propose Tokenomics Changes to Promote Uniswap v3 Adoption
Changes to the protocol’s “Chef” contracts are intended to make it more decentralized and secure.
Leader of Miami Trio Pleads Guilty to $4M Bank, Crypto Fraud Charges
The U.S. Department of Justice last year charged three members of a Miami crew for participating in a crypto-related scheme from 2020.
Circle Unveils New Method for Moving USDC Between Blockchains
The cross-chain transfer protocol seeks to improve liquidity of the major crypto payments rail.
Seeing the Macro Forest for the Token Trees
Todd Groth of CoinDesk Indices shares some thoughts on how macro analysis works in crypto.
Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal
Creditors can expect to receive between 40 and 65% recoveries, ideally in crypto, a bankruptcy court heard
Former CFTC Chair Timothy Massad Among Witnesses for House Crypto Hearing
Titled, "The Future of Digital Assets: Identifying the Regulatory Gaps in Spot Market Regulation," the hearing will take place on Thursday afternoon.
Cata Labs Raises $4.2M to Develop 'Bridging' Software
The round was led by Spartan Group and included participation from Robot Ventures, Maven11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt.
As Crypto Grows, so Does CoinDesk’s Commitment to Keeping Pace
A new CoinDesk tool called the Bitcoin Trend Indicator can help traders spot where BTC is headed.