House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over
Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats.
BTC’s recent price drop can be interpreted as “a period of consolidation and a healthy correction after an explosive move upwards past $30,000 over the last several months,” one analyst says.
Polygon, Cardano and Solana NFT Sales Rise as Ethereum NFT Sales Slump
While Ethereum remains by far the most popular blockchain for minting NFTs, Polygon, Cardano and Solana have all seen small bumps in sales volume in recent weeks.
U.S. Sanctions 3 North Koreans for Supporting Hacking Group Known for Crypto Thefts
The U.S. Treasury Department's sanctions watchdog banned three North Korean individuals for supporting the Lazarus Group, a North Korean hacking team known for crypto thefts.
First Mover Americas: Bitcoin Starts Work Week in the Red
The latest price moves in bitcoin (BTC) and crypto markets in context for April 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Terra's Do Kwon Wants SEC Charges Dismissed, Court Filings Show
The SEC cannot regulate digital assets involved in the case as the UST stablecoin is a currency, not a security, lawyers for the disgraced crypto executive said.
Zimbabwe to Introduce Gold-Backed Digital Currency: Report
The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so they can hedge against the currency's volatility.
First Mover Asia: What's Next After Bitcoin's Retreat
ALSO: CoinDesk columnist David Morris writes that Taylor Swift's avoided the embarrassment of striking a business deal with embattled crypto exchange FTX by reportedly asking the type of common-sense questions that should be part of any business…
Decentralized Media Is Breaking Barriers in a Web2 World
“The blockchain is simply a tool to re-architect the relationship between the subscriber and the publication,” said Daisy Alioto, founder of Web3 media outlet Dirt.
Consensus Pitchfest 2023: Finance for the Unbanked
The Consensus Pitchfest 2023 gives a platform to firms that are leading game-changing innovations in crypto, creating more space for financial inclusion and empowerment globally.
Ava Labs CEO Calls for Crypto Regulators Who Can Read and Audit Code
Emin Gun Sirer, who also weighed in on zero-knowledge proofs (ZKPs), was addressing the annual Cornell Blockchain conference on New York City’s Roosevelt Island.
The Most Intense Consensus Ever Seeks Everyone’s Voice
This year’s CoinDesk Consensus event, which will bring key policy and technical debates to the forefront, is especially important. While the withdrawal of a handful of previously agreed-upon speaking assignments undermines full representation on…
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