Shibarium Crosses 600K Unique Wallets as SHIB Whale Moves $38M
[Sep 1, 2023 12:55 AM] Network activity has started to chug along since an earlier glitch was solved last weekend.
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Binance Launches ‘Send Cash’ Remittance Services in Latam
OKX Planning Web3 Foray Into India, Chief Marketing Officer Says
[Aug 31, 2023 7:30 PM] OKX, one of the biggest crypto exchanges by trading volume, is planning to enter India to explore potential Web3 applications.
Nexo Mastercard Adds Credit and Debit Toggle to Optimize Crypto Usage
7 Spot Bitcoin ETFs Face Extended Wait as SEC Seeks Deeper Analysis
[Aug 31, 2023 3:31 PM] The U.S. Securities and Exchange Commission (SEC) has deferred decisions on seven spot bitcoin exchange-traded fund (ETF) applications from Invesco Galaxy, Wisdomtree, Bitwise, Vaneck, Fidelity’s Wise Origin, Blackrock, and Valkyrie. In…
SEC Delays BlackRock, Fidelity, And Other's Spot Bitcoin ETF Applications
[Aug 31, 2023 3:31 PM] The SEC has just delayed BlackRock, Fidelity, WisdomTree, Invesco & Galaxy, VanEck, Bitwise, and Valkyrie's spot Bitcoin ETF applications, as first reported by Bloomberg ETF analysts James Seyffart and Eric Balchunas.This was the first SEC…
MakerDAO’s MKR Token Jumps 10%, Defying Crypto Market Slump
[Aug 31, 2023 2:17 PM] The rally occurred amid improving fundamentals of Maker, as the protocol has returned to make profits, Messari analyst Kunal Goel said.
Binance to Gradually Phase Out Support for BUSD Stablecoin
[Aug 31, 2023 1:30 PM] The world’s largest cryptocurrency exchange by global trade volume, Binance, has announced it is discontinuing support for the stablecoin asset BUSD. The trading platform is encouraging users to swap their BUSD as Binance gradually phases…
SEC Delays Spot Bitcoin ETF Decision for All Applicants Including BlackRock, Fidelity
[Aug 31, 2023 1:23 PM] The U.S. Securities and Exchange Commission (SEC) delayed making a decision on any bitcoin exchange-traded fund applications filed earlier this year.
Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand
[Aug 31, 2023 11:30 AM] On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining…
Bitcoin Magazine Inscribes Cover of Latest Print Issue As Recursive Ordinal
[Aug 31, 2023 8:08 AM] Bitcoin Magazine has just launched its latest Ordinal inscription, honoring the new tradition of publishing the print edition covers directly to the Bitcoin blockchain.This time, the company inscribed both the front and back cover of the magazine…
U.S. Court Calls ETH a Commodity While Tossing Investor Suit Against Uniswap
[Aug 31, 2023 7:14 AM] A New York judge declined to "stretch the federal securities laws to cover the conduct alleged" in a proposed class action complaint seeking to hold Uniswap accountable for "scam tokens" issued on the protocol.
Ether Heads for 'Death Cross'
[Aug 31, 2023 7:03 AM]
Arbitrum Developer Courts Coders Who Already Know WebAssembly-Compatible Languages
[Aug 31, 2023 7:00 AM] The new feature "Arbitrum Stylus" will make it easy to write smart contracts using computer languages compatible with the WebAssembly or WASM standard – seen as far more common than the Ethereum Virtual Machine or EVM standard that many blockchain…
First Mover Americas: Musk's X Obtains Payment Licenses in Several U.S. States
[Aug 31, 2023 6:56 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for August 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Aerodrome Fanatics Deposit $150M to Base Blockchain on First Day
[Aug 31, 2023 6:07 AM] Its creators hope to emulate the apparent success of Velodrome, one of Optimism network’s most used platforms which holds over $288 million in locked value.
Swift, Chainlink Tokenization Experiment Successfully Transfers Value Across Multiple Blockchains
[Aug 31, 2023 4:06 AM] Swift and Chainlink announced in June they were collaborating with dozens of financial institutions to test connecting blockchains.
Elon Musk's X Has Licenses in Multiple U.S. States to Process Payments, Including Crypto
[Aug 31, 2023 3:31 AM] Elon Musk's social media platform X, formerly Twitter, has obtained money or currency transmitter licenses in seven U.S. states.
SEC Could Prepare Alternative Arguments to Reject Spot Bitcoin ETFs: Berenberg
[Aug 31, 2023 3:19 AM] Coinbase’s potential involvement in spot bitcoin ETFs could serve as part of the SEC’s reconfigured arguments for rejecting the applications, the report said.
Bitcoin Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018
[Aug 31, 2023 2:55 AM] The number of BTC held in wallets tied to crypto exchanges has declined by 4% this month, data tracked by CryptoQuant show.
Binance to 'Gradually' End Support for BUSD Products
[Aug 31, 2023 2:27 AM]
Bitcoin Starts to Retrace Grayscale-Fueled Gain; SOL, XRP, DOT Lead Majors Slide
[Aug 31, 2023 2:07 AM] The CoinDesk Market Index, a weighted index of over 100 tokens, fell 0.71% in the past 24 hours, suggesting profit-taking across the board.
Bloomberg Analysts Boost Spot Bitcoin ETF Approval Odds After Grayscale’s Court Victory
[Aug 30, 2023 5:30 PM] In early August 2023, Bloomberg ETF specialists Eric Balchunas and James Seyffart estimated a 65% probability for the approval of a spot bitcoin ETF. However, as August draws to its conclusion, and in light of a U.S. court siding with Grayscale…
Gemini Opposes Genesis Bankruptcy Plan: 'Woefully Light on Specifics'
[Aug 30, 2023 3:43 PM] Attorneys for crypto exchange Gemini argued that a proposed resolution for Genesis' bankruptcy doesn't have enough detail or provide any assurances for some if its largest debtors in a new filing Wednesday.
Grayscale’s SEC Victory May Render Alameda’s Redemptions Lawsuit Unnecessary, Bloomberg Analysts Say
[Aug 30, 2023 2:49 PM] The ruling could lead to Grayscale's GBTC converting into a bitcoin ETF, which would allow redemptions, making Alameda's suit unnecessary, Bloomberg Intelligence analysts said in a note on Wednesday.
Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win
[Aug 30, 2023 2:36 PM] Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted.
StarkWare Restores Crypto Access for Delinquent Wallet Updaters, After Complaints on X
[Aug 30, 2023 1:45 PM] After users complained on X, StarkWare walked back on a move in which it implemented an upgrade that made users' funds inaccessible.
Sam Bankman-Fried Lawyers ‘Need’ Him Out Of Jail Ahead of Trial, They Tell Judge
[Aug 30, 2023 12:44 PM]
The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling
[Aug 30, 2023 12:05 PM] This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea.
Bitcoin Average Trade Size Jumps to Highest Level Since June After Grayscale Ruling
[Aug 30, 2023 11:49 AM] The increase in average trade size could suggest large traders are more active, said research firm Kaiko.