[Nov 1, 2023 7:03 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Nov 1, 2023 6:00 AM] According to CEO Riad Wahby, who's an assistant professor of electrical and computer engineering at Carnegie Mellon, the new wallet will be "a hundred times faster" than competing products.
[Nov 1, 2023 3:30 AM] Social media company X is now worth less than half of what Elon Musk paid for Twitter, according to internal documents quoted by the press. The billionaire investor purchased the platform, Twitter at the time of acquisition, for $44 billion last…
[Nov 1, 2023 2:23 AM] BitGo had already been storing crypto assets under the regulator's supervision since 2019 as part of a transitional regime, the firm said.
[Nov 1, 2023 1:30 AM] The Brazilian Tax Authority (RBF) recently published an article acknowledging the growth in stablecoin trading in the country, which has taken the Brazilian cryptocurrency market by storm. The most transacted stablecoin is Tether’s USDT…
[Nov 1, 2023 1:14 AM] Turkey is in the "final stage" of bringing crypto legislation to its parliament, a last step required for it to be removed from the Financial Action Task Force's (FATF) "grey list.
[Oct 31, 2023 5:30 PM] Lawyers for Sam Bankman-Fried are seeking to instruct the jury that no trust or fiduciary relationship existed between the crypto exchange and its customers, a key part of the prosecution’s fraud case. Bankman-Fried’s Attorneys Question Trust…
[Oct 31, 2023 3:20 PM] Bankman-Fried completed his testimony Tuesday, concluding the presentation of evidence from both sides in the Justice Department's case against the FTX founder.
[Oct 31, 2023 3:00 PM] The boredom ended in October as cryptocurrency prices zoomed higher, with the biggest of them all, bitcoin [BTC], posting the strongest monthly rally since January as investors were abuzz with optimism that bitcoin ETFs will soon get approved in…
[Oct 31, 2023 2:47 PM] Issued Monday, President Biden's executive order is aimed at potential threats posed by artificial intelligence, but critics of the White House action wonder if innovation could be stifled.
[Oct 31, 2023 1:30 PM] Ex-FTX chief Sam Bankman-Fried returned to the witness stand Monday, fielding a barrage of inquiries from the federal prosecutor. The interrogation spanned the better part of the day, with Bankman-Fried often struggling to recollect particular…
[Oct 31, 2023 1:11 PM] The U.S. Securities and Exchange Commission (SEC) was out of bounds when it issued its controversial "Staff Accounting Bulletin 121," according to the Government Accountability Office (GAO). The 2022 guidance, which the industry says threatens…
[Oct 31, 2023 12:11 PM] USDC issuer Circle Internet Financial said it is curbing support for individual consumer accounts to mint stablecoins, with currently only accepting qualified institutional clients.
[Oct 31, 2023 11:26 AM] Today, SEC Chair Gary Gensler took to X (Twitter) to commemorate the 15th anniversary of the Bitcoin white paper. Gensler, who was nominated by President Biden to serve as SEC Chair in 2021, celebrated the publication of the…
[Oct 31, 2023 10:32 AM] Tether reported $3.2 billion of excess reserves backing the value of its stablecoins including USDT, according to its Q3 attestation released Wednesday.
[Oct 31, 2023 9:57 AM] Amid the crypto crackdown, a BTC ETF, if approved, would open a new pathway for U.S.-based firms to get a piece of the crypto action – in a way that plays to their conventional strengths.
[Oct 31, 2023 9:00 AM] A Coinbase (COIN) effort to drum up a cross-country swell of amateur crypto advocates – the nonprofit Stand With Crypto – has paid off with a surge of more than 100,000 individuals getting involved in the opening weeks, organizers say.
[Oct 31, 2023 8:30 AM] "So, it's your testimony that your supervisees told you to stop asking questions?" asked a prosecutor. "Did you call in your lieutenants and ask 'who spent $8 billion?'"
[Oct 31, 2023 6:56 AM] Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
[Oct 31, 2023 6:16 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Oct. 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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