Quick Look
Paradigm Leads $5M Seed Round for Play-to-Earn Game AI Arena
ArenaX Labs has closed a $5 million seed round led by Paradigm with participation from Framework. The funds will help accelerate the...
The Many Facts That Indicate Bitcoin’s Creator Satoshi Nakamoto Won’t Ever Come Back
On January 3, 2022, the Bitcoin network will be celebrating its 13th year of life after its creator Satoshi Nakamoto kick-started the...
Crypto News Roundup for Oct. 27, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Taproot Upgrade Might Already Be Priced Into...
SHIB Flippened DOGE With $160M in ‘Smart Money’ Backing Latest Pump, Blockchain Data Shows
Shiba inu, the self-proclaimed dogecoin killer, briefly surpassed DOGE in market value on Wednesday, according to data from CoinGecko.Both...
CFTC Should be Crypto’s ‘Primary Cop,’ Acting Chair Says
The Commodity Futures Trading Commission (CFTC) is ready to be the main federal regulator for crypto, its acting head said...
CREAM Finance Exploited In Flash Loan Attack Worth Over $100M
Decentralized finance (DeFi) money market and lending service CREAM Finance appears to have been the target of a devastating exploit...
Is a Bitcoin Futures ETF Good for Bitcoin?
The first bitcoin-linked ETF to ever hit U.S. markets has finally arrived. But what does that mean for bitcoin as an investment? For...
Osmosis Closes $21M Token Sale Led by Paradigm
The Osmosis Foundation has closed a $21 million token sale from its treasury to help expand the Osmosis automated market maker (AMM)...
FDIC exploring the possibility of letting banks hold crypto
On Tuesday, the Chairperson of the US Federal Deposit Insurance Corporation, Jelena McWilliams, said that the agency is on the path...
A Crypto Whisperer on How Regulators Toss Retail Into the Deep End
The big crypto story last week was the U.S. Securities and Exchange Commission (SEC) approving a bitcoin futures ETF. For the uninitiated,...
Solana-Based Yield Aggregator Tulip Raises $5M
Solana-based decentralized finance (DeFi) app Tulip raised $5 million in a bid to expand its yield aggregation and crypto lending...
Visa Follows Mastercard With Investment in Credit Card Tech Startup: Report
Visa Inc. has joined Mastercard Inc. as an investor in Deserve, the credit-card technology startup’s CEO said in an interview, according...
Bitcoin ATMs Double This Year, Exceed 30,000 Globally
Locations providing crypto ATM services have increased exponentially this year, according to data compiled by a major tracking site....
Shiba Inu could surpass Dogecoin after a 700% SHIB price rally in October
Shiba Inu (SHIB) continued its march upward on Oct. 27 with its price hitting a record high of nearly $0.000060 before correcting lower....
Blockchain Development Platform QuickNode Raises $35M
Blockchain development platform QuickNode has raised $35 million in Series A funding round, the company said Wednesday.The round was led...
The Legends of Bezogia Blockchain NFT Rental MMO Game Takes Gaming Industry by Storm
The Legends of Bezogia, the land where everything always goes up, is a massive open-world sandbox-style game where players can summon...
Nigerian Judge Rules in Favor of Accused Crypto Startup, Accounts to Be Reopened
A Nigerian Federal Court judge recently ruled that the two frozen bank accounts belonging to Rise Vest Technologies, which is accused of...
UK Police Seize $2.7M in Crypto From Teenager in Money Laundering Investigation
U.K. police seized more than £2 million ($2.7 million) in cryptocurrency from a 17-year-old during an investigation into what they called...
The Evolution of Ethereum’s Monetary Policy
This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on...
Florida County Miami-Dade to ‘Study Feasibility’ of Paying Taxes With Crypto
Miami-Dade County in Florida has approved a resolution to create a taskforce to study the feasibility of accepting crypto as a form of...
Coinlist secures $100M to hit unicorn status at $1.5 billion valuation
CoinList, one of the most trusted crypto listing platforms in the world, is now one of the crypto unicorns in a growing list of major...
Ukraine Security Service Busts Criminal Group Selling Bitcoin-Stealing Malware
Law enforcement authorities in Ukraine have exposed a crime ring specializing in cryptocurrency theft and laundering of illicit funds for...
London Commuters Face Ad ‘Assault’ by New Musk-Inspired Coin: Report
Advertisements for a meme-based coin named after Elon Musk’s shiba inu dog have appeared on London’s transportation network in recent...
Bitcoin drops $1K in five minutes in fresh dip below $60K
Bitcoin (BTC) fell sharply on Oct. 27 as $60,000 finally gave way to two-week lows. BTC/USD 1-hour candle chart (Bitstamp). Source:...
Bitcoin Dips Below $59K as Leverage Ratio, SHIB Rally Signal Excess Speculation
Bitcoin is trading with a heavy tone amid signs of excess leverage and greed in the market.The largest cryptocurrency by market value was...
Ethereum price analysis: ETH bounces lower as BTC dip extends below $60k
ETH is seeing fresh sell-off pressure as Bitcoin crashes more than 7% to test prices below $59k. Ether (ETH) has declined by about 5% on...
Localbitcoins P2P Exchange Launches Mobile App for Android
Peer-to-peer cryptocurrency marketplace Localbitcoins has announced the launch of a new mobile application for its global user base. The...
ECB Appoints Advisory Group for Digital Euro Project
The European Central Bank (ECB) has appointed an advisory group for the digital euro project. Called the Digital Euro Market Advisory...
DBS Becomes First Southeast Asian Bank to Join Hedera Governing Council
Singapore’s DBS Bank has joined The Hedera Governing Council, the first Southeast Asian Lender to join the global grouping.The bank joins...
Tether Trials Solution to Comply With FATF Travel Rule
Tether, the operator of one of the leading stablecoins in the crypto market has announced it will commence trials of a system that will...
Bitcoin Holds H&S Support; Bounces To $61.4K
Bitcoin looks to regain poise during overnight trade having avoided a short-term bullish-to-bearish trend change with the help of a...
LBank: Focusing on Real Estate and Finance, SimbCoin Swap Is Making an Impact on the African Market
PRESS RELEASE. Blockchain that provides an environment of security, transparency and traceability is an innovative technology that applies...
Solana-Based Drift Protocol Raises $3.8 Million — Project Reveals Drift Alpha Ticket NFTs
While the blockchain network Solana’s native token has skyrocketed in value this week jumping 31.4%, the Solana-based perpetual...
New Adobe Photoshop Feature to Support NFT Verification on Marketplaces
The creator of the world’s most popular digital creators software, Adobe, is angling toward non-fungible tokens.A new feature on Adobe...
Tesla Informs SEC It May Restart Transacting in Cryptocurrencies
Elon Musk’s electric car company, Tesla, has informed the U.S. Securities and Exchange Commission (SEC) in a quarterly filing that...
Expanding ecosystem and $1.86B futures open interest back Solana’s $250 target
Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its...
Scammers Are Forging CoinDesk Emails – Here’s How to Protect Yourself
One of the most unfortunate aspects of the crypto space is its tendency to attract scams. The world bore witness to this in early July...
29 Blockchain Gaming Companies Pen Open Letter to Valve: ‘Don’t Ban Web3 Games’
A big handful of blockchain companies wrote an open letter Tuesday to Valve, creator of the gaming platform Steam, in a bid to reverse a...
Red Sox Legend David Ortiz, Into Crypto Now, Signs Multiyear FTX Deal
David “Big Papi” Ortiz is the newest ambassador of crypto exchange FTX.The Major League Baseball (MLB) legend, who hit over 500 home runs...
Coinbase CEO Says SEC v Ripple Case ‘Going Better Than Expected’ — Investors Hopeful XRP Will Be Relisted Soon
Coinbase CEO Brian Armstrong says the SEC v. Ripple case “seems to be going better than expected.” He added that the U.S....
Brazilian Ride-Hailing Giant 99 to Enable Bitcoin Trading
99Pay, the digital wallet of Brazilian ride-hailing company 99, will enable the purchase and sale of bitcoin on its platform, the company...
Helium partners with Dish Network to expand its crypto-based distributed 5G platform
The ultimate goal of any cryptocurrency project is to achieve widespread adoption by offering a use case that offers real-world value that...
Germany Auctions Bitcoin Seized From Darknet: Bargain Hunters Flock to Buy Cheap BTC
German authorities are auctioning bitcoin seized from the darknet in cybercrime cases. The auction website reportedly experienced high...
Everipedia VORTECS™ Score hits record high ahead of upcoming NFT drop to IQ stakers
In the world of technical analysis, any tool that gives the trader insight into the next possible market move is valued highly because an...
ETF Issuer Direxion Files for Short Bitcoin Futures Product
Exchange-traded fund (ETF) issuer Direxion wants to short the price of a bitcoin futures contract.According to a filing with the...
ASSEMBLE Protocol’s ASM Token Is Officially Listed on Coinbase and Gate.io
PRESS RELEASE. The revolutionary blockchain-based global point integration platform ASSEMBLE Protocol has announced the listing of its...
Everyone Wants Crypto Regulations – On Their Terms
Major players in the crypto industry want favorable regulations, and they’re actively explaining their own visions. You’re reading State...
Robinhood Shares Fall as Crypto Trading Revenue Declines Sharply
Robinhood (HOOD) shares were falling 7% in after-hours trading Tuesday after the zero-commission trading platform missed badly on revenue...
Billing for Advisers Can Be ‘Smart,’ Too
“You’re moving from a very slow, archaic world into a fast-moving world. There’s a lot to bridge there.”Lacey Shrum, CEO of Smart Kx,...
Market Wrap: Long-Term Bitcoin Holders Trim Positions as Rally Stalls
Bitcoin traded in a tight range on Tuesday as extreme bullish sentiment appears to be cooling. The cryptocurrency was trading at around...
FTX to Run Ad During Super Bowl as It Delves Further Into Sports Sponsorships
Cryptocurrency exchange FTX will air a commercial during the National Football League’s Super Bowl on Feb. 13, CEO Sam Bankman-Friend...
Finder’s Panel of Fintech Experts Predict Ethereum Will Reach $5,114 This Year, Over $50K by 2030
At the end of July, the product comparison website Finder.com published its research findings from a panel of experts that predicted the...
Has the SEC Won the Battle to Regulate Stablecoins?
This episode is sponsored by NYDIG.Download this episode2021 has been the year of crypto regulation. In China, that has manifested as...
Ethereum 2.0 inches closer with the Beacon Chain’s Altair upgrade
The price of Ether (ETH) nearly hit a new all-time high on Oct. 21 before falling below $4,000 after the $435-million options expiry on...
Secret, Curve and Shiba Inu gains suggest that altseason is coming
Calls for an altseason continue to grow louder as the price action in the altcoin market has been on the rise for a few days. Meanwhile,...
How to Dismantle the Surveillance State After the Patriot Act
Today marks 20 years of the so-called “Patriot Act,” a law passed to “deter and punish” suspected terrorists in the wake of the Sept. 11,...
Seven-Time Super Bowl Champion Tom Brady Gives a Bitcoin to a Buccaneers Fan
Seven-time Super Bowl champion Tom Brady announced on ESPN that he was giving a Tampa Bay Buccaneers fan a bitcoin for returning the star...
Scaramucci’s SkyBridge Offers Investors Stake in Kraken Crypto Exchange
Former White House communications director Anthony Scaramucci’s money management firm, SkyBridge, is privately offering investors the...
Greenidge Outperforms Peers as B Riley Analyst Sees Higher Earnings Potential
Greenidge Generation outperformed other crypto miners, as the Wall Street firm B Riley hiked the company’s price target and earnings...
What Drives Crypto Users? Distrust of the System or Speculation?
The rise of bitcoin, ether, Cardano’s ADA and related cryptocurrencies – with market capitalizations returning to all-time highs and at...
Winklevoss-Led Gemini Behind Bitcoin White Paper Excerpts on NYC Billboard
If you’ve walked by Columbus Circle in Manhattan this week, just south of Central Park on 57th Street, you may have noticed a mysterious...
International Police Seize $4.9M in Crypto From Alleged Darknet Drug Traffickers
International police including the FBI-led Joint Criminal Opioid and Darknet Enforcement (JCODE) and Europol have busted a group of 150...
Valkyrie Files to Offer Leveraged Bitcoin Futures ETF
Only days after launching one of the only bitcoin exchange-traded funds (ETF) to make it past U.S. regulators, Valkyrie Investments is...
Bitcoin bull market ‘2nd leg has started,’ says BTC price model creator
Bitcoin (BTC) marking a new high of $67,000 last week has opened the possibility of hitting $100,000 by the end of this year. PlanB,...
Shiba Inu risks drop with SHIB’s 574% October’s price rally near exhaustion
Shiba Inu (SHIB) may see a pullback by almost 25%–35% on fears that the cryptocurrency’s excessive price rally in October has left...
NFT Sales Climb 464% in 3 Months, Mochi Market Nears $1B, Cryptopunk #7804 Sells for $7.5M
The market history of non-fungible token (NFT) sales has been steadily expanding during the last three months, according to statistics...
BTC price dips below $62K on VanEck Bitcoin ETF launch day
Bitcoin (BTC) fell below $62,000 on Oct. 26 as the launch of the third United States regulated exchange-traded fund (ETF) failed to budge...
Crypto News Roundup for Oct. 26, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Market Wrap: Bitcoin in Recovery Mode as...
Tether trials Notabene’s new travel rule technology to combat financial crimes
Tether Operations Limited, the firm operating Tether (USDT), announced on Tuesday that it will use Notabene, an end-to-end solution for...
Culture converges with blockchain as luxury fashion brands launch NFT collections
It’s no surprise that nonfungible tokens (NFT) have been dominating the crypto market this year. The booming digital asset class generated...
XDEFI Wallet Looks to Raise $12M in Initial DEX Offering
Cross-chain wallet XDEFI is looking to raise $12 million by selling its new utility token, $XDEFI, on a decentralized exchange (DEX), a...
Solana-Based Perpetual Swaps DEX Raises $3.8M
Venture cash keeps pumping Solana-based decentralized finance (DeFi); derivatives exchange Drift Protocol is the latest to benefit with a...
DISH to Tap Into Blockchain-Based Helium 5G Network
Helium is partnering with internet service giant DISH on its quest to build a user-powered wireless network, the company announced...
Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack
Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt...
GameStop Enters the Metaverse With ‘Web3 Gaming’ Job Post
GameStop is looking to build an Ethereum-based Web3 arm, according to a job listing posted by the company nine hours ago.The retailer said...
Elon Musk warns of ‘strong inflationary pressure’ as Tesla mulls Bitcoin payments
The world faces “strong inflationary pressure” in the short term, and it may persist, warns the world’s richest man. In a debate about...
CoinList Valued at $1.5B as Lending, Staking Join Business Mandate
CoinList, a token sale platform popular among cash-hungry crypto projects and early investors alike, has raised $100 million in its first...
Play-to-Earn Game Firm Sipher Raises $6.8M in Seed Round Co-Led by Arrington Capital
Sipher has closed a $6.8 million seed round co-led by Arrington Capital, Hashed and Konvoy Ventures. The funding will help accelerate the...
‘Data Pipeline’ Protocol Kyve Raises $2.8M From Industry Insiders
An ambitious new project from a pair of young founders is hoping to expand and decentralize data access for blockchains, and they just...
BlockBank Just Launched Its DeFi Application, Where Users Can Interact With an AI-Powered “Robo Advisor”
PRESS RELEASE. BlockBank, the platform disrupting mobile banking by blending it with decentralized finance (DeFi) and Artificial...
Australian Bitcoin Miner Iris Energy Files for $100M Nasdaq IPO
Australian bitcoin mining company Iris Energy filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission...
IMF Partly Blames Uncertainty in Nigeria’s Forex Market for Drop in Remittances
The uncertainty that prevails in Nigeria’s foreign exchange market is partly to blame for the plunge in cross-border remittances...
Citi Initiates Coverage of Coinbase With $415 Price Target, Says 'Buy Crypto’s General Store'
Coinbase (NASDAQ: COIN) “offers investors direct exposure to increased retail and institutional adoption” of digital assets, Citi said in...
Tesla signals potential return to Bitcoin payments
Electric car maker Tesla is likely to start accepting Bitcoin for its cars, details filed with the US Securities and Exchanges Commission...
Bank of Spain Opens Registry for Crypto-Service Providers
After months of waiting, the Bank of Spain has finally issued instructions on how to register to offer crypto-related services in the...
GBTC delivered better returns than Bitcoin ETFs last week
Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) outperformed the newly launched exchange-traded funds (ETF) last week,...
Taproot, Bitcoin’s Next Big Upgrade, Might Already Be Priced In
The last time the Bitcoin network locked in a major upgrade, in July 2017, the cryptocurrency’s price jumped almost 50% through Aug. 23,...
Bank of Spain Opens Mandatory Registry for VASPs
The Bank Of Spain has finally opened the mandatory registry for Virtual Asset Service Providers (VASPs) in the country. The bank also...
Valour Uniswap exchange-traded product to increase UNI exposure
Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully-backed investment product to increase...
Fractional-Algorithmic Stablecoin Protocol Frax’s Governance Token FXS Surges 80% on Supply Squeeze
There is never a dull moment in the crypto market.While bitcoin and the broader crypto market appear to be in stasis at press time, FXS, a...