258 / 425 Relevant items tagged with #News

Posts

Polygon Emerges as Suitor for Celo’s New Layer-2 Blockchain, Competing With OP Stack

[Sep 21, 2023 11:06 AM] Celo, which is ditching its standalone blockchain in favor of a new "layer-2" network atop Ethereum, had originally signaled plans to rely on Optimism's OP Stack, a similar customizable kit to Polygon's but using Optimism’s “optimistic”…

Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge

[Sep 21, 2023 9:09 AM] Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing.

NEAR Foundation’s Marieke Flament Steps Down as CEO

[Sep 21, 2023 8:01 AM] General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol.

Bank of Japan a Major Source of Uncertainty, Crypto Volatility Trader Says

[Sep 21, 2023 6:27 AM] Once the BOJ begins policy normalisation, yen carry trades may unwind quickly, leading to increased cross-asset volatility.

First Mover Americas: NFT Platform ImmutableX's IMX Token Rallies

[Sep 21, 2023 6:02 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Binance Warns of Multiple Stablecoin Delistings as Lawyers Puzzle Over EU's MiCA

[Sep 21, 2023 6:00 AM] The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers

Galaxy Digital Eyes European Expansion With New Regional CEO

[Sep 21, 2023 5:36 AM] Mike Novogratz's firm has appointed Leon Marshall, its existing global head of sales, as its first European CEO.

BNB, XRP Lead Slide in Crypto Majors as Mt. Gox's Repayment Delay Fails to Bouy Bitcoin Prices

[Sep 21, 2023 4:21 AM] “We still believe that the chances of further declines are higher for now,” one analyst said.

Bitcoin Bulls Missing in Action After Mt. Gox Delays BTC Repayments

[Sep 21, 2023 3:03 AM] Rumors of Mt. Gox mulling a delay have been doing the rounds and likely catalyzed the recent bitcoin price bounce.

Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims

[Sep 21, 2023 1:34 AM] An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021.

DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M

[Sep 21, 2023 1:00 AM] The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings.

Optimism Foundation Sells $157M OP Tokens, Citing 'Treasury Management'

[Sep 21, 2023 12:43 AM] The foundation behind layer 2 blockchain Optimism has sold 116 million OP tokens ($157 million) to seven separate purchasers, according to an announcement on the Optimism governance website.

Mt. Gox Pushes Repayment Deadline by a Year

[Sep 20, 2023 11:41 PM] The defunct crypto exchange has delayed the deadline for repayments to Oct. 31, 2024.

NFT Platform ImmutableX's IMX Token Surges 35% With Upbit Leading Volume Growth

[Sep 20, 2023 10:59 PM] The IMX-Korean won pair listed on South Korea's leading exchange Upbit accounted for nearly 20% of the 24-hour global trading volume.

Vivek Ramaswamy Is Drafting a 'Crypto Policy Framework'

[Sep 20, 2023 3:58 PM] Republican presidential candidate Vivek Ramaswamy will release a crypto policy paper.

Defense Distributed Unveils ‘Gatgpt’ – Championing the Digital Second Amendment and AI Freedom

[Sep 20, 2023 3:30 PM] As artificial intelligence (AI) and large language models (LLMs) continue to gain prominence, the organization Defense Distributed has unveiled an experimental LLM-based agent named “Gatgpt.” The platform is being referred to as…

Stanford University Vows to Return $5.5M FTX Donations; Funds Initially Allocated for Pandemic Prevention

[Sep 20, 2023 2:30 PM] In the wake of a lawsuit targeting the parents of Sam Bankman-Fried, Stanford University’s spokesperson has announced intentions to give back the millions garnered from FTX and its affiliates. Records indicate that a whopping $5.5 million in…

U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans

[Sep 20, 2023 1:52 PM] A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets…

Grayscale Files With SEC for Ethereum Futures ETF on NYSE Arca

[Sep 20, 2023 1:30 PM] The largest digital asset manager, Grayscale Investments, filed paperwork with the U.S. Securities and Exchange Commission (SEC) on September 19 for a new exchange-traded fund dedicated to ethereum (ETH) futures. The Grayscale Ethereum Futures…

Bitcoin Tumbles to $26.9K on Hawkish Remarks by Federal Reserve's Powell

[Sep 20, 2023 12:30 PM] The pause in rate hikes had been overwhelmingly expected by market participants, who will now begin focusing on the U.S. central bank's next policy meeting in November.

Paypal Launches US Dollar-Denominated Stablecoin PYUSD on Venmo 

[Sep 20, 2023 12:30 PM] On Wednesday, the payment giant Paypal announced that the stablecoin PYUSD is now available on Venmo. Paypal detailed that the stablecoin asset will be available to select Venmo users and fully roll out for all users “in the coming…

The Protocol: Ethereum Struggles With Sprawl as Optimism Airdrops $27M

[Sep 20, 2023 11:08 AM] Last week marked the one-year anniversary of Ethereum’s historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so…

MakerDAO’s MKR Nears 16-Month High as Whales Accumulate, Crypto Hedge Fund Sets Bullish Price Target

[Sep 20, 2023 10:39 AM] Maker (MKR), the governance token of decentralized finance (DeFi) lender MakerDAO, is nearing its highest price since last May, buoyed by rising protocol profits and large investors accumulating the token.

BCB Group’s Chief Banking Officer Ian Moore to Leave This Month

[Sep 20, 2023 9:30 AM] His planned exit follows that of the deputy CEO Noah Sharp in June.

'We Can't Build Something Like This on Ethereum,' Says DYdX Founder as Mainnet Nears

[Sep 20, 2023 9:00 AM] In an exclusive interview, Antonio Juliano, founder of dYdX (and a former Coinbase software engineer), discusses his project's move to build a new layer-1 blockchain using Cosmos technology.

Awakening of 2012 Bitcoins: 8 Transfers Mobilize 520 BTC After 11 Years

[Sep 20, 2023 8:00 AM] In September 2023, a flurry of dormant so-called “sleeping bitcoins” from 2012 stirred to life. On September 18, a whopping 909 BTC worth more than $24 million changed hands. Not resting there, the momentum carried into the next day…

South Koreans Hold $99B of Digital Assets Overseas: Tax Service

[Sep 20, 2023 7:18 AM] The crypto held in overseas accounts for about 70% of all assets held outside the country.

Arbitrum Blockchain Traders Can Now Protect Against 'Impermanent Loss'

[Sep 20, 2023 6:02 AM] GammaSwap developers say it's the first application to allow Arbitrum users to hedge against supplied liquidity by letting them go short on those positions.

First Mover Americas: Bitcoin Hovers Around $27K Ahead of Fed Decision

[Sep 20, 2023 6:01 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 20 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport

[Sep 20, 2023 5:40 AM] The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said.