Quick Look
Axie Infinity Nears 2M Daily Active Users as Creator Raises $152M Series B
Play-to-earn game Axie Infinity continues to see torrid growth with the company reporting more than 1.8 million daily users in August, and...
US Lawmaker Proposes Safe Harbor Bill, Echoing SEC Commissioner Peirce
A top Republican in the House of Representatives is looking to make it easier for crypto startups to raise funds without running afoul of...
Crypto News Roundup for Oct. 5, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Bitcoin Breaks $50K for First Time In a...
Higher Education Needs a Michael Saylor
In 2018, a Harvard expert named Clayton Christensen predicted that 50% of the 4,000 colleges in the U.S. will be bankrupt in the next 10...
Crypto Asset Manager Arca Launches First Fund for Startup Investments
Asset management firm Arca has launched a new fund to invest in crypto startups.“Right now, the fund is really focused on seed and SAFT...
Bitpanda to Offer Its Digital Asset Investing Product to Italian Banks, Fintechs
European cryptocurrency exchange Bitpanda is collaborating with Italian open finance provider Fabrick to offer digital asset trading...
Want Cleaner Bitcoin Mining? Subsidize It
In philosophy, some of the best results come when intuitions clash with logical chains of reasoning. You might call those...
Chainalysis Acquires Cybercrime Solutions Provider Excygent
Blockchain data platform Chainalysis announced it had acquired Excygent, a professional services firm that helps government agencies with...
DeFi Custodian Trustology Gets Green Light from UK’s FCA
Cryptocurrency custodian Trustology has been granted a full registration by the Financial Conduct Authority (FCA), one of a handful of...
Where to buy TRON as TRX registers 4% gains
The TRON token has seen a strong rally that managed to push prices towards the $0.09 level at the time of writing. The TRX coin seems to...
THORSwap DEX Raises $3.75M as Multi-Chain DeFi Heats Up
THORSwap, a cross-chain decentralized exchange (DEX) built on THORChain, has raised $3.75 million in a private token sale led by IDEO...
Where to buy Cardano as ADA gears for another rally
The Cardano token has been trading sideways between a narrow range of $2.03—$2.3 for the past week. The ADA token has had an...
Bitcoin Will Become Currency in Brazil Soon, According to Federal Deputy Aureo Ribeiro
Aureo Ribeiro, a federal deputy in Brazil, stated that bitcoin might become a recognized currency in Brazil soon, during an interview with...
What Is Sharding?
“Sharding” is a proposed method of splitting the infrastructure of Ethereum into smaller pieces with the goal of scaling the platform so...
The Educator-Entrepreneurs of Crypto
Why is it that professors interested in cryptocurrencies so often build their own blockchains? This isn’t a setup for a joke. In the...
What is the ERC-20 Ethereum Token Standard?
The ERC-20 Ethereum token standard is a blueprint for creating fungible tokens that are compatible with the broader Ethereum network....
DeSo Launches $50M Fund for Decentralized Social Ecosystem
The foundation of DeSo, the blockchain started by the founder of social media site BitClout, has unveiled a $50 million fund to support...
Q3 2021 Quarterly Review – CoinDesk Research
Source
The US Inches Closer to Stablecoin Rules
We’re starting to get a sense of how the Biden administration will try to regulate stablecoins. The short version seems to be: A...
Where to buy Stellar as XLM rises to $0.31
The Stellar coin has been rising steadily for the past year and has generated an impressive return of for its users. The coin is currently...
VC Fund NFX to Go Deeper Into Crypto With $450M Seed Fund
Venture Capital firm NFX has lined up $450 million to invest in seed-stage companies of all stripes, including crypto.The fund, perhaps...
Markets Performed Well, Scaling Projects Thrived and Regulators Flexed Their Muscle: CoinDesk’s Q3 Review
The “Q3 2021 Quarterly Review” by CoinDesk Research looks at driving trends in digital asset markets, focusing on Bitcoin, Ethereum, DeFi...
Blockchain Game Launchpad Partners With Enjin for Accelerated Ecosystem Development
PRESS RELEASE. SINGAPORE — EnjinStarter, a launchpad for blockchain games, has announced a strategic partnership with Enjin to...
Which Crypto Projects Are Based on Ethereum?
According to the crypto app tracker, State of the Dapps, there are over 3,000 decentralized apps (also known as “dapps”) currently running...
What to Expect From CoinDesk’s Bitcoin for Advisors Conference
On Wednesday, Oct. 6, starting at 9 a.m. ET (6 a.m. PT), CoinDesk will host Bitcoin for Advisors 2021. Focused on the changing financial...
Citadel Securities not trading crypto due to regulatory uncertainty
CEO Kenneth Griffin says the firm is not ready to take on regulatory risk just yet Citadel Securities, a global hedge fund company based...
Grayscale suggests Cardano could be undervalued
Digital asset management firm Grayscale attributes Cardano’s slow progress to the firm’s constant desire to get it right...
Tanzania Central Bank Heeding Call to Prepare for Crypto, Economists Express Reservations
While the Bank of Tanzania (BOT) executives continue to reiterate the central bank’s willingness to heed the government’s...
Robinhood Becomes First Platform to Offer 24/7 Crypto Phone Support
Robinhood, the online brokerage platform that went public in July, is introducing 24/7 phone support for users with inquiries about their...
Where to buy SHIB as Shiba Inu deletes another zero
The Shiba Inu token is currently rallying and this current rise is fuelled by the tweets of Elon Musk. The coin’s price has pumped...
NFT sales hit $10.7BN in Q3 amid increased interest in crypto
Total sales over Q3 represent an increase of 704%, with most sales in August and September Sales within the non-fungible token (NFT)...
Stable coin issuer Circle reports it’s cooperating with SEC
Circle’s statement follows an ‘investigative subpoena’ from the US Securities and Exchange Commission USDC issuer Circle...
Bitcoin Rises to $50K, Next Resistance Around $52K-$55K
Bitcoin (BTC) is trading around $50,000 for the first time since early September as short-term momentum improves. The cryptocurrency has...
Nigerian Court Paves Way for CBDC Rollout, Suggests ‘Plaintiff May Be Adequately Compensated’
The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN),...
XRP holders granted amicus status in Ripple vs SEC case
The judge however rejected a request seeking to have XRP holders as defendants A judge in the Ripple versus SEC case has allowed six XRP...
Bitcoin beats stocks, commodities to become best-performing asset of 2021
Bitcoin (BTC) is officially the best-performing asset of 2021, data now confirms. As October delivers 15% gains in five days, BTC firmly...
Bitcoin Breaks $50K for First Time In a Month
The worlds largest cryptocurrency has broken the $50K threshold for the first time since Sept. 7.At press time, bitcoin is trading at...
Bitcoin taps $50K for first time in one month amid heavy BTC price volatility
Bitcoin (BTC) hit $50,000 for the first time in a month on Oct. 5 as a triumphant return to form continued. BTC/USD 1-hour candle chart...
4 Factors Helping Bitcoin to $50K as Stock Market Declines
Bitcoin has recently decoupled from the weak stock markets, reviving speculation that the cryptocurrency may be beginning to draw demand...
What Is a Perpetual Swap Contract?
A perpetual swap is a type of derivative trading product that has become increasingly popular among crypto traders over recent years, with...
Bitwage Raises $1.5 Million in Latest Funding Round
Bitwage, the pioneer cryptocurrency-based payroll and invoicing company, has raised $1.5 million in its latest funding round. The funding...
NFT Trading Volume Surges 700% to $10.7B in Q3
Trading in non-fungible tokens (NFTs) climbed to $10.7 billion in the third quarter, an increase of more than 700% on the previous...
Esports Organization TSM FTX Partners With Solana and Serum-Powered NFT Game Aurory
On October 1, the global esports firm TSM FTX announced the launch of the organization’s first-ever non-fungible token (NFT)...
Hong Kong Monetary Authority Releases CBDC Whitepaper to Study Prospect of e-HKD
Hong Kong’s Hong Kong Monetary Authority, its de facto central bank, has released a whitepaper on retail central bank digital currencies...
Credit Suisse Creates Ethereum-Based Shares in Swiss Sports Resort
Credit Suisse is taking part in the tokenization of a Swiss resort using the Ethereum blockchain.Announced Tuesday via a partnership with...
Vulcan Forged Lists on AscendEX
PRESS RELEASE. Global cryptocurrency financial platform, AscendEX is proud to announce the listing of the Vulcan Forged token (PYR) under...
Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance...
Hash rate and difficulty rebound shows miners have recovered from China exodus
Bitcoin mining operations are on the path to full recovery following the most dramatic short-term disruption in network history earlier...
Crypto Exchange FTX Bats Down DC Super PAC Story
FTX has denied a Decrypt story on Monday that the cryptocurrency derivatives exchange would be creating a Political Action Committee (PAC)...
Blockstream’s Liquid Network Faces Delay in Processing as Transactions Begin to Stack Up
Liquid, a sidechain-based settlement network operated by bitcoin infrastructure firm Blockstream, is currently facing issues processing...
JPMorgan CEO: Bitcoin Has No Intrinsic Value, Regulators Will ‘Regulate the Hell out of It’
The CEO of global investment bank JPMorgan, Jamie Dimon, says that bitcoin has no intrinsic value and “regulators are going to...
Crypto Custodian Hex Trust Gets $10M in Latest Investment Round Led by Animoca Brands
Crypto custodian Hex Trust has secured $10 million in fresh funding to further the market infrastructure and security of its licensed...
SEC Subpoenas USDC Stablecoin Backer Circle
Circle Financial is under investigation by the U.S. Securities and Exchange (SEC), the payments company disclosed Monday.Circle, a key...
Large Institutional, DeFi Activities Dominate India Crypto: Chainalysis
Driven by institutional investors and rapidly expanding decentralized finance (DeFi) activity, India could soon become a hub for...
These 3 indicators flashed bullish ahead of the recent Bitcoin price pump
In stock markets and the crypto sector, traders are always looking for a definite reason to explain an asset’s price action, which...
Kevin O’Leary: ‘My Crypto Exposure Is Greater Than Gold for the First Time Ever’
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that he has more crypto exposure than gold for the first time. He...
KuCoin Tells Users in China to Move Funds to ‘Other Platforms’ Before December
Singapore-based crypto exchange KuCoin has told its mainland Chinese users they should transfer their digital assets to “other platforms”...
Grayscale Adds Solana and Uniswap to Crypto Investment Fund
Grayscale Investments has added solana and uniswap to its large-cap investment fund. This is the first time solana has been added to a...
Price analysis 10/4: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, LUNA, UNI
Bitcoin (BTC) is facing rejection near $50,000, indicating that bears are not ready to give up without a fight. Many analysts expect...
Props Shutdown Throws Reg A+ Funding Model Into Limbo
Four young adults, two men and two women, were talking about ways to make vegan sausages edible when I showed up with my pesky questions....
LUNA Hits All-Time Highs After Terra Network Upgrade
Prices for Terra’s LUNA token have hit record highs since Saturday, after the blockchain’s highly anticipated Columbus-5 upgrade went live...
Bitcoin price dips are being ‘bought up strongly,’ but a $50K close remains key
Bulls flexed their muscles on Oct. 4 and proof of this came as Bitcoin’s (BTC) price rallied within $500 of the $50,000 mark. This move...
Axie Infinity to Raise $150M Series B at $3B Valuation: Report
Blockchain-enabled play-to-earn game Axie Infinity is raising approximately $150 million in a Series B capital round at a $3 billion...
GNO City Play-to-Earn Game Created the Biggest and Most Diverse WAX Blockchain Game
GNO City features an already playable trading card game on the WAX blockchain. In GNO City you can collect NFTs, win experience points,...
Compound Facing More Problems: More Than $140 Million in Tokens up for Grabs
Compound, one of the main cryptocurrency lending protocols on Ethereum, is facing serious problems again. According to banteg, a Yearn...
Banco Central de Uruguay establece ‘plan de trabajo’ para regular los activos digitales
El Banco Central del Uruguay (BCU) ha establecido un “plan de trabajo” para sentar las bases de la regulación de los activos digitales y...
Market Wrap: Bitcoin Rises Toward $50K on Hopes for US ETF Approval
Bitcoin strengthened on Monday as buyers attempted to push the price toward $50,000 for the first time since early September. The...
You Can’t Use a Trillion-Dollar Coin
Fine, go ahead and mint the damn trillion-dollar coin. And then hang it on the wall or put it on display as a symbol of monetary – and...
Dapper Labs Acquires Influencer Platform Brud, Launches Unit Focusing on DAOs
NFT powerhouse Dapper Labs has acquired the influencer platform Brud and is launching a new business dubbed “Dapper Collective” that will...
What the ‘Pandora Papers’ Mean for Bitcoin
This episode is sponsored by NYDIG.Download this episodeOn today’s episode, NLW breaks down the latest in a string of embarrassing...
Axie Infinity hits a new ATH at $155 while Bitcoin bulls aim for $50K
The wider cryptocurrency market fell under pressure on Oct. 4 as the momentum generated by Bitcoin’s (BTC) weekend spike above $49,000 was...
Donald Trump on Crypto: ‘I Don’t Want Other Currencies Coming Out and Hurting the Dollar’
Former U.S. President Donald Trump has commented on the growing popularity of cryptocurrencies and the crypto crackdown by the Chinese...
Who Really Wants Corporate NFTs?
Last week, TikTok announced its first foray into the world of NFTs with “TikTok Top Moments” – a set of digital collectibles tied to short...
Bank of America Launches Research for ‘Too Large to Ignore’ Digital Assets
Bank of America has launched digital assets coverage nearly three months after forming a crypto team. The highlighted companies include a...
How to Get a Job in Crypto
As demand to trade cryptocurrencies continues to rise, so do job openings in the sector. If you want to turn your passion for...
Crypto Funds Draw $90M of New Money as Confidence Returns
Digital-asset investment products attracted $90 million of new money in the seven days through Oct. 1, the seventh straight week of...
Europol Coordinates Arrest of Ransomware Gang in Ukraine, Seizing $1.3M in Crypto
International crime-fighting agencies Europol and Interpol organized the arrest in Ukraine of two prolific ransomware operators, seizing...
Bitcoin’s Mining Difficulty Continues to Rise: 37% More Difficult to Mine BTC Than 3 Months Ago, Difficulty Nears 20 Trillion
Bitcoin’s hashrate has been climbing steadily over the last three months and rose more than 40% after the network’s...
Is Axie Infinity overheating? AXS price hits record high following 100% QTD rally
AXS, the native token of Axie Infinity, a play-to-earn nonfungible token (NFT) game built atop the Ethereum blockchain, rallied more than...
‘We want to be the brand of the metaverse,’ says RTKFT’s Chris Le
A decade ago, Nike took a proverbial leap into the future of sneakers with their launch of Nike Mag — a fictional concept shoe inspired by...
$200K BTC price ‘programmed’ as Bitcoin heads toward 2nd RSI peak
Bitcoin (BTC) is headed to what is arguably a mathematically “programmed” all-time high of $200,000 or more, the latest data...
Crypto News Roundup for Oct. 4, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Bitcoin Declines From $48K Resistance; Support...
Central Bank of Uruguay Establishes ‘Work Plan’ to Regulate Digital Assets
The Central Bank of Uruguay (BCU) has established a “work plan” to lay the foundation for the regulation of digital assets and companies...
Shaq to Release NFT Collection
Four-time NBA champion and serial entrepreneur Shaquille O’Neal is releasing his own collection of non-fungible tokens (NFTs) in...
Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction
While the price of bitcoin has surged during the first few days of October, the price of the precious metal gold has also increased...
Link Global Faces $7.1M Fine From Alberta Utilities Regulator: Report
A Vancouver-based data center and power firm could face a $7.1 million fine from the Alberta Utilities Commission (AUC) for setting up two...
Greenidge Generation Reports Q3 Preliminary Results, Mined 729 Bitcoin in the Quarter
Bitcoin miner Greenidge Generation Holdings. Inc. (NASDAQ: GREE) reported preliminary results for the third quarter ended Sept. 30 on...
Nigeria Court Approves CBDC Rollout: Report
A federal court in Abuja, Nigeria approved the rollout of the country’s central bank digital currency (CBDC), the eNaira.The decision was...
Do You Need to Go to College to Work in Crypto?
Against all authority“I told my parents, I’m willing to die on this hill. I don’t want to go on with this because it’s just about ticking...
Marathon Digital Secures $100M Revolving Line of Credit With Silvergate Bank
Marathon Digital Holdings has secured a $100 million revolving line of credit with Silvergate Bank in bitcoin and U.S. dollars.The loan,...