CoinDesk

CoinDesk


Bitcoin Miner Riot Blockchain Names Its Head of Corporate Operations as New CFO

Posted: 01 Jun 2022 03:19 PM PDT

Current CFO Jeff McGonegal will retire and move into a new role as senior advisor of the miner in mid-August.

FTX Founder Sam Bankman-Fried Signs Billionaires’ Giving Pledge

Posted: 01 Jun 2022 02:48 PM PDT

The crypto billionaire has pledged to give away the majority of his wealth to philanthropic causes.

What Is Tether? How USDT Works and What Backs Its Value

Posted: 01 Jun 2022 02:37 PM PDT

Tether's USDT is the most popular stablecoin and widely used by traders, although it is not without controversies. Here's what you need to know about it.

GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter

Posted: 01 Jun 2022 02:36 PM PDT

GameStop reported the digital asset sales during its first quarter earnings release Wednesday.

FTX’s Harrison Says Stablecoin Demand Will Survive Terra's Collapse

Posted: 01 Jun 2022 01:44 PM PDT

CoinDesk interviewed FTX's Brett Harrison at the World Economic Forum's annual meeting 2022 last week.

Bear Market Could See Some Crypto Miners Turning to M&A for Survival

Posted: 01 Jun 2022 01:27 PM PDT

Companies that have already survived the previous down market, and have enough capital and a sound business strategy, will be able to survive this cycle.

Market Wrap: Bitcoin Declines, Resisting Seasonal Norm; Altcoins Mixed

Posted: 01 Jun 2022 01:21 PM PDT

Bitcoin (BTC) declined alongside other cryptos and stocks on Wednesday. Meanwhile, WAVES rallied by as much as 20% over the past 24 hours. The historical odds of positive monthly BTC returns diminish until Q4.

SEC Goes After Crypto Investing With Game Show Inspired Spots

Posted: 01 Jun 2022 01:19 PM PDT

The U.S. Securities and Exchange Commission is warning investors away from casual crypto speculation through mock game-show style videos.

Optimism's OP Token Plummets After Botched Airdrop

Posted: 01 Jun 2022 01:11 PM PDT

A controversial Optimism governance proposal is pushing for some wallets that sold the airdrop to be banned from future airdrops.

Mineras de bitcoin venden sus tenencias de BTC ante las dificultades del mercado

Posted: 01 Jun 2022 12:56 PM PDT

A medida que cae el precio de bitcoin, las mineras se ven obligadas a apagar sus rigs o vender sus activos.

Once-Resistant Kanye West Files NFT Trademark Applications

Posted: 01 Jun 2022 12:37 PM PDT

The rapper's new trademark applications come months after he publicly criticized NFT projects.

Rep. Cawthorn’s Crypto Wallet Reveals Undisclosed Trades Amid House Ethics Investigation

Posted: 01 Jun 2022 12:02 PM PDT

The North Carolina firebrand is under investigation for allegedly "pumping and dumping" the "Let's Go Brandon" meme coin. CoinDesk found his Ethereum wallet.

Bitcoin Slips as Relief Bounce Loses Steam, Support at $27K

Posted: 01 Jun 2022 11:43 AM PDT

Bitcoin (BTC) buyers took some profits below the $33K resistance level. Long-term momentum remains negative, capping upside moves in price. For now, lower support is at $25K-$27K.

Germany Issues Crypto Securities Guidance as Deadline Looms

Posted: 01 Jun 2022 11:01 AM PDT

Coinbase has already received authorization as a crypto custodian, but lawmakers are extending the regulatory net ever wider

Undercollateralized USDN Stablecoin Needs Tweaking, Waves Founder Says

Posted: 01 Jun 2022 10:45 AM PDT

"We have to work on the algorithm" after several depeggings from the dollar, Sasha Ivanov said on CoinDesk TV's "First Mover" program.

Bitcoin Miners Are Selling Off Their BTC Holdings to Cope With Market Headwinds

Posted: 01 Jun 2022 10:28 AM PDT

As the price of bitcoin falls, miners are cornered into powering off or selling their bitcoin.

US Charges Ex-OpenSea Exec With NFT Insider Trading

Posted: 01 Jun 2022 10:16 AM PDT

Department of Justice officials say it's the first time they've pursued an "insider trading" charge involving digital assets.

How to Make Money From the Crypto Backlash

Posted: 01 Jun 2022 09:58 AM PDT

Welcome to the hype-disappointment-devastation-education-conviction-hype cycle.

Binance Labs recauda $500 millones para fondo de inversión en compañías de blockchain y Web 3

Posted: 01 Jun 2022 09:57 AM PDT

El nuevo fondo se utilizará para invertir en empresas de criptomonedas en tres etapas que van desde la incubación hasta la última etapa de crecimiento.

South Korean Government to Form Digital Assets Committee in Response to Terra Collapse: Report

Posted: 01 Jun 2022 08:16 AM PDT

South Korea's government is to form a committee specifically to oversee the digital assets market following the collapse of Terra, according to a report by news outlet NewsPim.

‘This Is the Usual’: Thai Central Bank Governor on CBDC Pilot Delay

Posted: 01 Jun 2022 08:12 AM PDT

DeFi Ledgers Can Help Regulators Oversee Sector, BIS Official Says

Posted: 01 Jun 2022 07:26 AM PDT

CoinDesk Confidential: Ayesha Kiani

Posted: 01 Jun 2022 06:53 AM PDT

The CEO of LedgerPrime, a digital investment firm, answers our questionnaire ahead of Consensus 2022.

First Mover Americas: BTC Starts June Trading Flat, Alts Decline

Posted: 01 Jun 2022 06:23 AM PDT

The latest moves in crypto markets in context for May 31, 2022.

Paradigm Backs $5M Round in DAO Management Platform Dework

Posted: 01 Jun 2022 06:00 AM PDT

Pace Capital co-led the round for the startup, which combines Trello and Linkedin-esque features for Web 3.

SoftBank, GGV Lead $66M Round for Web 3 Infrastructure Firm InfStones

Posted: 01 Jun 2022 05:30 AM PDT

The provider of an Amazon Web Services-like platform last raised $33 million in February.

Merge Ahead: Ethereum’s Dress Rehearsal (and a Hiccup)

Posted: 01 Jun 2022 04:30 AM PDT

Ethereum's Ropsten testnet is on the brink of a pivotal transition to proof-of-stake, but an unwelcome "reorg" rained on the Merge prep parade last week.

Binance Labs Raises $500M Fund for Web 3, Blockchain Investments

Posted: 01 Jun 2022 03:51 AM PDT

Binance Labs has closed a $500 million fund with investment from the likes of DST Global Partners and Breyer Capital.

Crypto Exchanges Should Lose Licenses for Laundering Breaches, EU Regulators Say

Posted: 01 Jun 2022 03:24 AM PDT

The advice comes as lawmakers reach the closing stages of a landmark crypto law, MiCA, that would allow exchanges such as Binance and wallet providers to operate across the EU under a single authorization.

Tech Experts Lobby Washington Criticizing Crypto, Blockchain

Posted: 01 Jun 2022 01:49 AM PDT

A group of tech experts and academics signed a letter to U.S. lawmakers criticizing cryptocurrency and blockchain technology in an effort to counter the lobbying by the crypto industry.

Polygon Increases KYC Scrutiny of Potential Investments and Grants in India

Posted: 31 May 2022 06:30 PM PDT

Polygon is now requiring extensive customer details for prospective partners in India as regulatory scrutiny there grows, according to a source.

First Mover Asia: Tether Is Quiet About Its Bankers. Will It Affect Its Peg?

Posted: 31 May 2022 04:49 PM PDT

Tether has relationships with a number of banks but won't say much more; bitcoin rises slightly.

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