OpenSea Investor Coatue Cuts NFT Marketplace's Valuation by 90%: Report
[Nov 7, 2023 11:16 PM] Coatue also marked down its stake in MoonPay by 90%
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Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
[Nov 7, 2023 10:00 PM] Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
Convicted Sam Bankman-Fried’s Legal Battles Rage On Amidst SEC, CFTC Charges, and Class Action Fury
[Nov 7, 2023 5:30 PM] Sam Bankman-Fried was convicted on all charges in the Department of Justice’s fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Commission (SEC) and the…
Crypto's Bromance With U.S. CFTC May Be One-Sided
[Nov 7, 2023 4:16 PM] Half of the 2023 sanctions from the U.S. Commodity Futures Trading Commission (CFTC) targeted digital assets companies and individuals, according to the agency's annual enforcement snapshot released on Tuesday.
Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage
[Nov 7, 2023 4:00 PM] The crypto trading platform for EU will start in "coming weeks."
U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments
[Nov 7, 2023 3:53 PM] A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.
Binance Launches High-Yield USDT Earning Program Amid Fierce Market Competition
Bitcoin Squeezes to $35.5K as 'Mini Altcoin Season' Lifts Crypto Market Cap to $1.3 Trillion
[Nov 7, 2023 2:47 PM] tktk
Supplier of Over 40,000 Merchants in El Salvador Now Accepts Bitcoin
[Nov 7, 2023 2:44 PM] Bitcoin wallet and API platform Blink, formerly known as Bitcoin Beach Wallet, has announced a new partnership with Distribuidora Morazán, the second-largest distributor of consumer goods in El Salvador, according to a press release sent to…
November Marks Rare Awakening of 2 Vintage 2010 Bitcoin Wallets Valued at $3.4 Million
[Nov 7, 2023 11:30 AM] Bitcoin has surged over 24% against the U.S. dollar this month, and on November 7, 2023, an intriguing event took place: two dormant bitcoin addresses from 2010 were activated and transferred roughly 100 BTC, valued at $3.4 million according to the…
Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary
[Nov 7, 2023 11:27 AM] The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether's bullish outlook.
The Graph, Known as 'Google of Web3,' Plans AI-Assisted Querying
[Nov 7, 2023 11:15 AM] The blockchain indexing protocol released a new roadmap to add features, in one of the project's biggest upgrades since a $50 million fundraising in 2022.
U.S. Banking Watchdog Hsu Says Tokenization Promising, But Crypto Full of Fraud
[Nov 7, 2023 10:53 AM] Tokenization of assets could be the answer to the risky complexities of settling the movement of funds and securities, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency.
Avail, Data Availability Solution to Rival Celestia, Unveils 'Incentivized Testnet'
[Nov 7, 2023 10:00 AM] The announcement comes as Celestia's recent launch and airdrop has kindled interest in "modular" blockchain projects that can relieve the burden on primary networks like Ethereum.
Crypto VC Funding Slowed Last Week as $35M Raised in 9 Deals Including Uniswap DAO
[Nov 7, 2023 9:57 AM] Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus.
U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers
[Nov 7, 2023 9:32 AM] Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.
Nil Foundation Plans New Ethereum Rollup With Zero-Knowledge Proofs, Sharding
[Nov 7, 2023 9:00 AM] The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies.
Crypto Broker sFOX Offers Commission-Free Blockchain Staking from Regulated Custody
[Nov 7, 2023 8:00 AM] “We are providing a gateway to staking without stepping in the middle or taking any revenue or profit,” founder Akbar Thobhani said.
First Mover Americas: Bitcoin Ordinals Protocol Token Jumps 50%
[Nov 7, 2023 7:01 AM] The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Coinbase Adds 4 National Security Experts to Its Global Advisory Council
[Nov 7, 2023 7:00 AM] Coinbase has added four national security experts, including former U.S. Secretary of Defence Dr. Mark T. Esper, to its Global Advisory Council.
Coinbase Blocked in Kazakhstan for Breaking New Digital Assets Law: Report
[Nov 7, 2023 6:47 AM] Issuance, circulation, and offering trading of "unsecured digital assets" is prohibited outside the country's financial center under laws that came into effect earlier this year.
SHIB, DOGE Top Open Futures Rankings as Bitcoin Rally Spurs Risk-Taking
[Nov 7, 2023 4:56 AM] SHIB and DOGE have seen highest percentage growth in futures open interest since Nov. 1, outshining bitcoin and ether in a sign of increased investor risk appetite in the crypto market.
Bitcoin’s Role as ‘Digital Gold’ Will Aid Further Demand, Traders Say
[Nov 7, 2023 4:41 AM] Traders continue to point out bitcoin’s supposed role as ‘digital gold,’ amid economic headwinds in the U.S., as a possible price catalyst.
China Mulls Digital Yuan Settlements for Commodities
[Nov 7, 2023 4:30 AM] The People’s Bank of China (PBOC) is considering using the digital yuan to settle services and commodities trades with Hong Kong. According to Di Gang, deputy director-general of the Digital Currency Institute of the PBOC, this would help…
Ben 'Bitboy' Armstrong Calls Himself a Victim in Latest Court Filing
[Nov 7, 2023 3:52 AM] The infleuncer formerly known as Bitboy has filed a lawsuit against several executives at his former employer alleging threats and coercion, and is asking for his Lamborghini back.
Bitcoin Ordinals Protocol Token ORDI Rockets 50% on Binance Listing
[Nov 7, 2023 3:18 AM] The Ordinals protocol lets users issue tokens, artwork, text, audio and video on the Bitcoin blockchain.
Crypto Tax Platform Blockpit Buys Rival Accointing From Glassnode
[Nov 7, 2023 2:43 AM] The "multi-million dollar" acquisition gives Austria-based Blockpit a footprint in the U.K.
Crypto Traders Are Earning 165% Yields by Staking a Token Named After Elon Musk’s Pet
[Nov 7, 2023 2:24 AM] Developers are trying to capture a piece of the global asset tokenization market as part of a new product in the Floki ecosystem.
Coinbase Ending Support for Bitcoin SV
[Nov 6, 2023 10:33 PM] The crypto exchange de-listed Bitcoin SV (BSV) in 2021. Now, it's completely removing support for the token.
Kraken Said to Seek Partner to Help Build It a Layer 2 Blockchain Network
[Nov 6, 2023 7:16 PM] The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the…