Nvidia's Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens
[Aug 23, 2023 11:14 AM]
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‘We’ve Seen Enough’: Battered Bitcoin at $26K Can’t Stay Down Much Longer, Pantera’s Morehead Says
[Aug 23, 2023 10:55 AM] By one measure, bitcoin's price performance this cycle is the worst in the asset's history.
Tornado Cash Devs Charged With Helping Hackers Launder $1B, Including Infamous North Korean Attacks
[Aug 23, 2023 10:42 AM] Tornado Cash developers Roman Storm and Roman Semenov were arrested and charged with money laundering and sanctions violations tied to their work with the privacy mixer which "facilitated more than $1 billion in money laundering" for North Korea's…
Coinbase’s Chosen Blockchain Brand Sees Zero Threat from Zero Knowledge
[Aug 23, 2023 9:30 AM] Many Ethereum aficionados have predicted that the most promising layer-2 blockchains would be built not using the OP Stack’s “optimistic rollup” technology – favored by the U.S. crypto exchange Coinbase – but with a different setup known as “Z
DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters
[Aug 23, 2023 9:11 AM] The decentralized finance (DeFi) market slumped to its lowest point since February 2021 in terms of total value locked (TVL) on Wednesday.
An Adderall Shortage and No Vegan Meals — Former FTX Boss Struggles With Jail Life
[Aug 23, 2023 8:30 AM] After Sam Bankman-Fried, once the head of FTX, petitioned the court for a five-day-a-week release from incarceration, the overseeing judge swiftly denied the plea. On Tuesday, Bankman-Fried pleaded not guilty in response to the most recent charges…
NEAR Jumps 5% After Nexo Integration, Bucking Market Trend
[Aug 23, 2023 7:37 AM] Also announced was a partnership with startup Tokenproof.
FTX Founder Sam Bankman-Fried Intends to Blame Fenwick & West Lawyers in His Defense
[Aug 23, 2023 7:32 AM] Sam Bankman-Fried appeared in court Tuesday to plead not guilty to latest indictment.
Blockchain Security Firm Quantstamp Hopes to Battle Flash Loan Attacks With New Service
[Aug 23, 2023 7:00 AM] The service has been released in collaboration with researchers from the University of Toronto.
First Mover Americas: Bitcoin Hovers Below $26K
[Aug 23, 2023 6:14 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for August 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ether-Bitcoin Ratio Uptick Fails to Inspire Bullish Positioning in ETH Options
[Aug 23, 2023 4:50 AM]
FBI Says North Korean Hackers May Try to Sell $40M of Bitcoin
[Aug 23, 2023 3:54 AM] North Korean hackers look set to try to sell more than $40 million of stolen bitcoin (BTC), the Federal Bureau of Investigation (FBI) said.
Thailand Threatens Facebook With Shutdown Over Crypto Scams
[Aug 23, 2023 3:30 AM] The government in Bangkok will try to shut down Facebook in Thailand alleging the social media network isn’t doing enough to stop scams. Fraudsters have been luring users to invest in fake companies and cryptocurrencies, authorities said, and the…
Ether Staking Demand Remains Unfazed as EigenLayer 100K ETH Cap Limit Filled Within Hours
[Aug 23, 2023 3:03 AM] Seattle-based decentralized finance (DeFi) platform EigenLayer has experienced a 207% surge in total value locked (TVL) after it raised its liquid restaking caps to 100,000 staked ether (stETH).
MoonPay Offers Binance.US a Solution to Crypto Payments Suspension: Bloomberg
[Aug 23, 2023 2:57 AM] The U.S. exchange's customers now have the option of buying stablecoin USDT using their debit or credit cards, Apple Pay or Google Pay and then converting it into crypto tokens.
Thailand’s New Pro-Crypto Prime Minister Was an Active Crypto Investor
[Aug 23, 2023 1:56 AM] The resolution of political drama and appointment of Srettha Thavisin as Thailand’s next Prime Minister means a 10,000 THB ‘airdrop’ is likely happening.
XRP Gives Up All Gains Made After Ripple Labs’ SEC Victory
[Aug 23, 2023 12:41 AM] A generally bearish market has weighed down on XRP prices after a landmark victory by Ripple Labs.
Australia's CBDC Likely Some Years Away, Central Bank Says
[Aug 23, 2023 12:23 AM] Australia will not be making any decision on a central bank digital currency (CBDC) for some years due to several unresolved issues.
Nearly 90% of Bitcoin Short-Term Holders Are Underwater, Onchain Data Show
[Aug 23, 2023 12:12 AM] "Sharp upticks in short-term holder supply in loss tend to follow 'top heavy markets' such as May 2021, Dec 2021, and again this week," one observer said.
Central Bank of Brazil Rebrands CBDC to ‘Drex,’ Launch Expected by 2024
Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
[Aug 22, 2023 2:58 PM] Nate Chastain, the former head of product at NFT platform OpenSea, has received a three month prison sentence for making tens of thousands of dollars worth of insider trades during his tenure at the NFT company.
Balancer Depositors Pull Nearly $100M in Crypto After Vulnerability Warning
[Aug 22, 2023 12:38 PM] Ethereum-based DeFi major Balancer learned of a "critical vulnerability" that imperils a slice of the protocol's user-deposited crypto.
BNB Token Stumbles to 1-Year Low Amid Mounting Scrutiny Over Binance
[Aug 22, 2023 12:12 PM] BNB, formerly known as Binance Coin, dropped to as low as $204, lowest since late June 2022.
Official Hints China Could Pit Expanded BRICS Against G7
[Aug 22, 2023 11:30 AM] China may be in the process of building an expanded BRICS to pit the bloc as a geopolitical rival for the Group of Seven (G7) nations, as per statements from a Chinese official. In its upcoming summit that will take place in Johannesburg, the bloc…
The Enigmatic Rise of the $3 Billion BTC Whale — Tracing the Mysterious Path of Bitcoin’s Third Largest Wallet
[Aug 22, 2023 10:30 AM] This week, various reports and social media discussions have centered around the third-largest bitcoin (BTC) wallet, a long-standing enigma that potentially maintains the same ownership despite changes in its address. Billion-Dollar…
Crypto Exchange EDX Markets Taps Anchorage as Custody Provider
[Aug 22, 2023 9:24 AM] Crypto exchange EDX Markets, which is backed by Wall Street giants including Citadel Securities and Charles Schwab, tapped Anchorage Digital to provide custody for its clearinghouse business set to launch later this year.
Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second
[Aug 22, 2023 8:39 AM] Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism
Starkware to Open-Source ‘Magic Wand’ of Its Zero-Knowledge Cryptography Next Week
[Aug 22, 2023 8:37 AM] The team behind the layer 2 Starknet blockchain said that they will also hold a code review on Aug. 31 at a conference in San Francisco.
Unchained Surges With 170% Growth in Bitcoin Loan Activity During The First Half of 2023
[Aug 22, 2023 8:00 AM] Unchained, a leader in financial services tailored for bitcoin holders, has seen a 170% upsurge in loans backed by bitcoin from the first quarter to the second quarter of 2023, according to a press release sent to Bitcoin Magazine. The company also…
Sam Bankman-Fried Pleads Not Guilty to Latest Indictment
[Aug 22, 2023 7:21 AM] FTX founder Sam Bankman-Fried appeared in court Tuesday to be arraigned after the latest indictment accused him of using customer funds for everything from buying personal real estate to political donations.