Quick Look
Gala Games, C2 Ventures Start $100M Fund to Invest in Blockchain Gaming
Gala Games, a blockchain-gaming platform, and crypto investment firm C2 Ventures have formed a $100 million fund to invest in play-to-earn...
Crypto Is People and Culture. It’s Time the Media Saw It That Way
It’s wonderful to be able to celebrate a culture week in crypto. As they have a penchant for throwing themselves off a cliff to see if...
Bitcoin Miner Iris Energy Has More Than 100% Upside, JPMorgan Analyst Says
The shares of Iris Energy (IREN), a Sydney-based company that mines bitcoin primarily with renewable energy, has the potential to rise...
Introducing CoinDesk’s Culture Week
You can measure cryptocurrency’s impact in money terms, and that’s certainly impressive.With a market cap of $2.2 trillion, crypto is now...
Infinite Games: How Crypto Is ‘LARPing’
At the 2018 “Devcon” Ethereum Developers Conference in Prague, internet guru and self-proclaimed “culture hacker” Stewart Brand shared the...
Metaverse Company InfiniteWorld to Go Public in $700M SPAC Merger
Metaverse infrastructure platform Infinite Assets, also known as InfiniteWorld, will go public in a merger with special purpose...
Tezos ‘Exchange-Traded Cryptocurrency’ Launches on German Exchange
Digital asset manager ETC Group has launched an institutional-grade tezos exchange-traded exchange-traded product (ETP) on Europe’s...
Nigerian Experts: CBDC Still Unattractive to Users Despite Claim of ‘Excellent’ Adoption Rate
Nigerian blockchain and cryptocurrency experts have suggested that many prospective users will only consider adopting the e-naira once the...
Euler Finance Launches New DeFi Lending Platform in Crowded Market
A new decentralized finance (DeFi) lending platform has launched on mainnet today, with its backers hoping a focus on long-tail assets and...
OKEx Blockdream Ventures Partners With WAX
OKEx Blockdream Ventures Bets on the WAX Ecosystem with WAXP Token Purchase (Miami, FL) December 13, 2021 一 The Worldwide Asset...
Solana on-chain development increases after a recent DDoS attack
Solana — whose native crypto, SOL, is the fifth-largest cryptocurrency by market capitalization — is leading on-chain development charts...
Mynamar’s Shadow Government Adopts Tether as Official Currency: Report
Myanmar’s shadow government, the National Unity Government (NUG), made up of ousted leader Aung San Suu Kyi’s supporters has recognized...
‘Monster bull move’ means whales could secure the next Bitcoin price surge
Bitcoin (BTC) whales are the center of attention this week as buying and selling habits split the BTC price narrative. New findings from...
GameFi: How to Earn Crypto Playing Games Online
GameFi is one of the hottest new trends to emerge from the crypto industry, combining decentralized finance (DeFi) and non-fungible tokens...
Myanmar shadow government declares stablecoin USDT an official currency
Myanmar’s shadow government, the National Unity Government (NUG), led by the supporters of jailed leader Aung San Suu Kyi, has declared...
Robinhood Turns to Chainalysis for Data, Compliance Tools
Crypto tracing firm Chainalysis said it will provide data and compliance tools to Robinhood’s online crypto trading service, Robinhood...
Analyst: Bitcoin may be primary beneficiary of Fed tightening and lower bond yields
“Some normalization in stock-market returns and a continued decline in US Treasury bond yields may shine on Bitcoin and Ethereum in...
SK Square to Demand Metaverse Presence for Portfolio Companies: Report
SK Square, the investment spinoff of SK Telecom, wants all its portfolio companies to have a metaverse presence, Bloomberg reported.“Our...
Market highlights December 13: Cryptos flat, main indexes in the green
The crypto market is mostly flat today, with most top 100 coins moving in the range of +/- 3%. We cover the exceptions in this article....
Crypto Exchange AscendEX Hacked, Losses Estimated At $77M
Cryptocurrency exchange AscendEX suffered a hack for an estimated $77 million following a breach of one its hot wallets.On Sunday,...
Wells Fargo, HSBC to Settle Forex Transactions Using Blockchain
Wells Fargo and HSBC Bank said on Monday that they will use a blockchain-based product for settling matched foreign exchange...
‘I think BTC is ready’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week on familiar ground below $50,000, but anticipation is building for major disruption to begin. After a...
Only 10% of the Bitcoin supply left to mine
Total circulating Bitcoin (BTC) hit a significant milestone on Monday morning, one and a half years after the last Bitcoin halving, as 90%...
SEC’s Gensler Says Crypto ‘Fits in Our Broad Remit’: Report
Crypto fits into the “broad remit” of the U.S. Securities and Exchange Commission (SEC), Chairman Gary Gensler said in an interview with...
Vulcan Forged has lost a quarter of its value today: should you buy PYR?
The live Vulcan Forged price today is $21.70 with a 24-hour trading volume of $189.6 million. Vulcan Forged PYR is down 20.30% in the last...
Bitcoin Exchange Outflows Resume as Stock Markets Get Over Fed Jitters
Crypto investors appear to have resumed bitcoin accumulation, a sign they expect the price to rise, after U.S. stock markets overcame...
UK Intelligence Chief Raises Concerns About Use of Digital Renminbi to Control Global Transactions
The chief of the Government Communications Headquarters (GCHQ), one of the big three intelligence agencies in the U.K., has raised...
Sushi Jumps 10% After Top Avalanche Developer Proposes Takeover
Sushi tokens jumped as much as 10% in early European hours to over $6.19 from a low of $5.30 on Sunday night, data from markets tool...
You can now buy COVAL, which gained 7% in 24 hours: here’s where
The live Circuits of Value (COVAL) price today is $0.15 with a 24-hour trading volume of $29.6 million. COVAL is up 6.97% in the last 24...
Gamesta CEO Spencer Tarring Talks About GameFi, Metaverse and How the Guild Fits in the Grand Plan
Gamesta is the smart contract-based guild enabling investors to connect and empower thousands of underprivileged players throughout the...
UAE Wealth Fund Mubadala Investing in Crypto Ecosystem: CEO
Mubadala Investment Company, one of United Arab Emirates’ sovereign wealth funds, is looking at investments in the ‘crypto ecosystem,’ CEO...
Russia to Allow Foreign Residents to Own and Use Digital Ruble
The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents....
Bitcoin Touches New Milestone With 90% of Total Supply Mined
90% of all bitcoin has been mined as of Monday morning, according to data from blockchain tracker Blockchain.com. The feat means 18.89...
Chatex Users Ask US Treasury to Release Crypto Frozen by Sanctions
When Ekaterina Abreu awakened on Nov. 9 at 5 a.m. in her Russian home, she grabbed her phone and checked her cryptocurrency savings. Her...
Threat of Nested Exchanges and What Binance Is Doing to Combat Them
Nested exchanges are becoming a popular tool for money launderers. Learn all about nested exchanges/services and what we’re doing...
Korean Officials Quit Jobs to Join Crypto Industry, Lawmaker Reveals
Public officials in South Korea are increasingly choosing career opportunities in the cryptocurrency sector. Some of them come from...
Analyst Expects US to Embrace Crypto With Proper Regulation in 2022 – Sees ‘Refreshed’ Bitcoin Bull Market
Analyst Mike McGlone with Bloomberg Intelligence has shared his outlook for the cryptocurrency market going forward. “We expect the...
ZK-rollups step into the limelight after the quest to scale Ethereum evolves
Scalability on the Ethereum (ETH) network has been a point of contention within the cryptocurrency ecosystem for years, primarily due to...
Binance Singapore Drops Crypto License Plans in City-State
Binance’s Singapore entity plans to withdraw its application for a crypto license in the city-state, and will expel local users by Feb....
Fractional NFT Markets See Significant Growth in 2021 as Market Cap Surpasses $200 Million
While the non-fungible token (NFT) economy has exploded in value, another sector of the NFT industry called fractionalization has seen...
First Mover Asia: Bitcoin Bounces Above $50K Amid Light Weekend Trading, Altcoins Kick Higher
(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin returned above $50,000 after the S&P...
Kenya Based Fintech Kwara Raises $4 Million in Seed Round
A Kenya based fintech, Kwara has raised $4 million in a seed round that was led by Breega VC firm. The funds will be used to create an app...
A letter to Zuckerberg: The Metaverse is not what you think it is
Dear Lord Sugar Mountain, Attention: to my Facebook friend who is building a version of the metaverse that nobody wants as a starter. The...
2 key Bitcoin trading metrics suggest BTC price has bottomed
Bitcoin (BTC) has been struggling to sustain the $47,500 support since the Dec. 4 crash, a movement that wiped out over $840 million in...
Ascendex Hacked — Exchange Loses $77 Million in ERC20, BSC, Polygon Tokens
Ascendex, a cryptocurrency exchange, suffered a security breach that allowed hackers to take control of some of the wallets of the...
Bitcoin Hashrate Hits an All-Time High Suggesting Thousands of Next-Gen Machines Have Joined the Race
While bitcoin prices have consolidated around the $50K zone, the network’s hashrate has reached an all-time high (ATH) on December...
3 reasons why Ethereum price can drop below $3K by the end of 2021
Ethereum’s native token Ether (ETH) reached an all-time high around $4,867 earlier in November, only to plunge by nearly 20% a month...
Inside the blockchain developer’s mind: Proof-of-stake blockchain consensus
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series Inside...
‘There’s More Work to Do’ — 11 Years Ago, Satoshi Nakamoto Sent a Final Message to the Bitcoin Community
To this day, Satoshi Nakamoto is one of Bitcoin’s biggest mysteries as people have searched far and wide to uncover the...
Alts Find It Tough to Beat Layer 1 King Ethereum
As the Federal Reserve appears to be poised to take a more hawkish stance on monetary policy (for now… maybe), especially in light of...
Prime Minister Modi’s Twitter Account Hacked — Tweets Bitcoin Legal Tender in India, Government Giving Away BTC
The Twitter account of Indian Prime Minister Narendra Modi was comprised and a tweet was posted claiming that the government of India has...
India Prime Minister Suffers Another Twitter Hack; Fake Tweet Sent Promising Bitcoin to All Indians
The Twitter account of India Prime Minister Narendra Modi was briefly hacked early Sunday morning local time, the second such attack on an...
Galileo Exchange Launches Its Native Token, the “GELT”
Galileo Exchange is a groundbreaking hybrid of a Crypto exchange, a Blockchain project, and the innovation of accelerated price dynamics....
Can DAOs Be a 10X Improvement for Fundraising?
This episode is sponsored by NYDIG.Download this episodeOn this week’s “Long Read’s Sunday,” NLW looks at DAOs and their benefits over...
Power Utility Sues Russians Mining Cryptocurrency at Their Homes, Raises Electricity Rates
A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity....
Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’
On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400...
The Metaverse will bring unbridled evolution to NFTs
Even as nonfungible token (NFT) transactions have taken off and made headlines, to most people outside the crypto world, they’re just a...
Russia’s Federation Council to Set Up Working Group on Crypto Regulations
The Federation Council of the Russian legislature is forming a working group expected to propose comprehensive regulations for...
AscendEX loses $80M following ERC-20, BSC, Polygon hot wallet compromise
Crypto trading platform AscendEX suffered a loss of $77.7 million in a hot wallet compromise that allowed hackers to access and transfer...
Thailand Doesn’t Prohibit Crypto Use for Payments but Warns of Price Fluctuation
Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users...
Rich Dad Poor Dad’s Robert Kiyosaki Insists Depression Is Coming – Predicts ‘Gold, Silver, Bitcoin, Real Estate Will Crash Too’
The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says a crash and a depression are coming, predicting that...
Institutional Investors Expect Major Correction in Crypto Market Next Year
Many institutional investors are predicting a major correction in the cryptocurrency market next year, a survey published by Natixis...
Vitalik Buterin outlines path to ETH 2.0, Visa launches crypto advisory, Biden’s anti-crypto nominee for Comptroller withdraws: Hodler’s Digest, Dec. 5-11
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst)...
Florida Governor Ron DeSantis Proposes Creating a Cryptocurrency Payment System for State Fees
The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget...
Enterprise blockchain to play a pivotal role in creating a sustainable future
Bitcoin (BTC) is often used to criticize all blockchain-based projects. This is understandable since Bitcoin was the first project to use...
E-Commerce Giant Amazon Backs Wax Blockchain-Based Fractional Trading Card Market Dibbs: Report
According to reports, the e-commerce giant Amazon has recently invested in a fractional sports trading card marketplace called Dibbs. The...
Metaverse opens the gateway for luxury NFTs to become a multi-billion market
The nonfungible token (NFT) market is hot right now, and the future forecasts that it will only be getting hotter. The creation of the...
5 times quickfire crypto traders bought the news for double (or triple) digit profits
Why do crypto traders “buy the rumor, sell the news”? Simple. Because whispers of exchange listings or big-name partnerships reach very...
Anonymous Crypto Donors Are Changing Philanthropy
In 2021, crypto users were crowned the most charitable investors on the planet. To those outside of crypto that might not mean much, but...
Miami Mayor Francis Suarez Plans to Take a Fraction of His 401k in Bitcoin
During the first week of November, the reelected Miami mayor Francis Suarez explained that he would receive part of his salary in bitcoin...
IMF Advises How Crypto Should Be Regulated Citing ‘Urgent Need for Cross-Border Collaboration’
The International Monetary Fund (IMF) has outlined some recommendations of how cryptocurrency should be regulated, noting that there is an...
The 10 (Other) Most Crypto Influential
This episode is sponsored by NYDIG.Download this episodeCoinDesk has just completed its list of 2021′s 50 Most Influential people. On...
5 Ways to Earn Passive Income From NFTs
The non-fungible token (NFT) market has grown into a major sector of the crypto industry over 2021, with the total amount spent on...
Indian Prime Minister Modi Tells President Biden’s Summit: Cryptocurrency Should Be Used to Empower Democracy
India’s Prime Minister Narendra Modi talked about cryptocurrency at a recent Summit for Democracy hosted by U.S. President Joe...
FATF guidance on virtual assets: NFTs win, DeFi loses, rest remains unchanged
The Financial Action Task Force (FATF) released its long-awaited guidance on virtual assets, laying out standards that have the potential...
Inflation Plagues American Economy: US Consumer Prices See Fastest Rise in Close to 40 Years
The consumer price index (CPI) data released Friday by the U.S. Bureau of Labor Statistics show prices in the United States climbed 6.8%...
Bitcoin Mining Company Cleanspark to Kick-Start 20 MW Immersion Cooling Initiative
Cleanspark, a sustainability-focused bitcoin mining company, has announced it will kick-start a 20 MW initiative in its Norcross bitcoin...
Regulator Claims South Africa Set to Unveil Cryptocurrency Regulatory Framework in Early 2022
In early 2022, South Africa will have a new regulatory framework that covers cryptocurrencies, a commissioner with a regulatory body has...
McDonald’s McRib NFT Project Links to Racial Slur Recorded On Blockchain
One of the problems with the recent phenomenon of food brands getting into NFTs is that food is actually quite different from NFTs.If...
Altcoin Roundup: 3 metrics that traders can use to effectively analyze DeFi tokens
Much to the chagrin of cryptocurrency proponents who call for the immediate mass adoption of blockchain technology, there are many...
Chainalysis to Offer Lightning Network Monitoring Service to VASPs in 2022
On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer...
BadgerDAO Reveals Details of How It Was Hacked for $120M
In a blog post this week, DeFi platform BadgerDAO provided details of how it was exploited for $120 million earlier this month.BadgerDAO...
Ethereum Co-Founder Vitalik Buterin Publishes ‘Plausible Roadmap’ Addressing Scalability
In recent times the Ethereum network has received a lot of criticism about the protocol’s data transfer fees and scalability. In a...
Blockchain folk hero Nandy Martin hopes to build a better community for Haitians in Miami
Haiti, a Western Caribbean country torn by a tragic past, natural disasters, poor leadership and ineffective foreign aid, is not a country...
Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’
The weekend is upon us and fear remains the dominant short-term sentiment in the cryptocurrency market. Earlier today Bitcoin (BTC) price...
2 Prominent Bitcoin Core Contributors Step Away From Their Roles
Veteran open source Bitcoin developer John Newbery announced on Friday he will take a step back from his work, continuing a series of...
How ‘Intelligent’ NFTs Raise Some Red Flags
NFTs are on a clear collision course with artificial intelligence, which will in theory unlock all sorts of new utilities, including...
Most Influential 2021: Robert Leshner
Good morning. Robert Leshner has built one of the essential cornerstones of decentralized finance (DeFi) with Compound, a lending...
Most Influential 2021: Devin Finzer
Devin Finzer is the co-founder and CEO of the world’s largest non-fungible token (NFT) platform, OpenSea. Finzer says his interest was...
Another Cryptocurrency Hearing on Capitol Hill: This One Felt Different
This episode is sponsored by Quantstamp, Nexo.io and KuCoin.On this week’s “Money Reimagined” podcast, Michael Casey and Sheila Warren...