Sui Foundation Appoints Managing Director to Increase Awareness, Growth of the Blockchain
[Apr 17, 2023 9:21 AM] Greg Siourounis will lead efforts to promote Sui’s user base growth and development.
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NY Financial Regulator Adopts Virtual Currency Assessment Rule
[Apr 17, 2023 9:17 AM] The New York Department of Financial Services (NYDFS) has adopted a new regulation for how crypto companies will be assessed for costs associated with their supervision.
Crypto Exchange Bittrex Violated Federal Laws, SEC Charges in Lawsuit
[Apr 17, 2023 8:11 AM] The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Bittrex simultaneously operated a national securities exchange, broker and clearing agency in violation of federal statutes. Former CEO Bill Shihara and Bittrex Global…
CME to Add Daily Expirations on Bitcoin and Ether Futures Options Contracts
[Apr 17, 2023 8:09 AM] Derivatives marketplace Chicago Mercantile Exchange (CME) is adding to its cryptocurrency offerings with daily expirations soon to be available on bitcoin and either futures options contracts, the company said in a press release on Monday.
SEC Warned Bittrex of Legal Action Before Firm Announced U.S. Exit: WSJ
[Apr 17, 2023 6:43 AM] The crypto exchange is set to shut down its U.S. platform on April 30 after nine years in operation.
Bitcoin, Ether See Bull Breather as Higher Bond Yields Support Dollar
[Apr 17, 2023 6:35 AM] We would consider taking some profits as the crypto market is showing exuberant signs.
Kyber Network Advises Liquidity Providers to Withdraw Funds Amid Vulnerability, Token Drops 2%
[Apr 17, 2023 6:23 AM] Decentralized finance (DeFi) protocol Kyber Network has advised liquidity providers on its Elastic product to withdraw funds after finding a potential vulnerability, it said in a tweet.
First Mover Americas: Ether Holds Above $2K
[Apr 17, 2023 6:18 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Space ID Tokens Wow Investors Weeks After Binance Launchpad Sale
[Apr 17, 2023 4:56 AM] The price of ID tokens has almost doubled in the past week.
Ether’s Strong Price Action May Continue Until End of Month: Coinbase
[Apr 17, 2023 3:55 AM] The price of ether (ETH) has been resilient following the Shanghai Fork (aka Shappela) last week, Coinbase (COIN) said in a research report Friday.
Attractive Yields Drive Millions Into DeFi Liquidity Manager Gamma
[Apr 17, 2023 3:52 AM] The total value locked (TVL) across DeFi protocol Gamma has jumped by 102% in the past month as investors attempt to secure annual returns in excess of 10% from staking.
Bitcoin Could Peak at $45K in May, Analyst Says
[Apr 17, 2023 3:16 AM] The cryptocurrency seems to be mirroring its performance in first-half 2019, when it chalked up a triple-digit rally, marking a solid recovery from a yearlong bear market.
Do Kwon Retained Law Firm in South Korea Before Terra's Collapse: Report
[Apr 17, 2023 2:31 AM] South Korean prosecutors confirmed a report that Kwon sent $7 million to a local law firm in the months leading up to his venture's dramatic fall.
Crypto Lender Amber Group Weighs Selling Japan Unit: Bloomberg
[Apr 17, 2023 2:23 AM] Managing partner Annabelle Huang said that despite Japan being a "high quality market ... regulations are strict."
Over 1M Ether Withdrawn After Shapella Fails to Dent Risk Appetite
[Apr 17, 2023 1:32 AM] Some traders are restaking the ether withdrawn since the Shapella upgrade, quashing bearish price forecasts.
CoinDesk Indices Joins With Luno to Help South African Users Track Crypto Investment Bundles
[Apr 17, 2023 1:00 AM] The partnership will see launch of Luno Large Cap Bundle, helping customers to easily manage and maintain different investment strategies.
Shaquille O'Neal Finally Served FTX Lawsuit: Lawyers
[Apr 17, 2023 12:42 AM] Legendary Basketballer Shaquille O'Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday.
Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues
[Apr 16, 2023 11:30 PM] Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses…
First Mover Asia: Ether Price Hits Fresh 11-Month High
[Apr 16, 2023 6:07 PM] ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey writes that to prevent the potentially destructive impact of AI, we need open-source innovation and collective governance that is possible through blockchain…
Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils
[Apr 16, 2023 5:30 AM] Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that…
Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud
[Apr 16, 2023 1:30 AM] On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more…
Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency
U.S. House Committee Publishes Draft Stablecoin Bill
[Apr 15, 2023 2:07 PM] The stablecoin is the first major piece of crypto legislation in 2023.
Chia Network Files for IPO With the SEC, Eyes Public Listing
[Apr 15, 2023 4:30 AM] On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by…
Trump Earned Up To $1M From NFT Sales: Filings
[Apr 15, 2023 2:14 AM] Trump’s income from NFTs comes via a licensing agreement between his company CIC Digital LLC and the collection's creator NFT INT LLC.
French President Emmanuel Macron on Taiwan: ‘Being an Ally Does Not Mean Being a Vassal’
[Apr 14, 2023 5:30 PM] French president Emmanuel Macron has decided to double down on his strategic autonomy policy thesis, declaring that Europe should not be forced to side with Beijing or Washington on Taiwan. Macron declared that being a U.S. ally ‘does not…
TrueUSD's Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token
[Apr 14, 2023 4:26 PM]
Solana’s Crypto and Web3 Smartphone ‘Saga’ Available to the General Public on May 8
[Apr 14, 2023 3:30 PM] Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets…
Bitcoin Is the 'Boring, Old Grandpa' Right Now Compared to Ether: Dexterity Capital Manager Partner
[Apr 14, 2023 3:19 PM] By its nature, bitcoin is a stable thing, and because it doesn’t change, it isn’t exactly the talk of the town, Michael Safai said.
Bitcoin Holds Steady Near $30.5K, Ether Circles Around $2.1K
[Apr 14, 2023 3:18 PM] BTC and ETH have risen about 8% and 12%, respectively over the past seven days. While BTC has driven the market this year so far, the Shapella upgrade has boosted ETH trading, according to an analyst.