Quick Look
Sphere 3D, Gryphon Sign Hosting Services Deal With Core Scientific
Sphere 3D, the Nasdaq-listed data-management company that’s being bought by Gryphon Digital Mining, reached an agreement for Core...
Russia has no intention of outlawing crypto trading
China and Turkey have recently made headlines after authorities in both countries announced nationwide crypto crackdowns According to a...
Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals
Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000...
Bitcoin Miner Greenidge Generation Issues $50M Bond Sale
Bitcoin mining firm Greenidge Generation Holdings (NASDAQ: GREE) plans to sell $50 million worth of five-year bonds.The Nasdaq-listed firm...
US dominates global Bitcoin hash rate distribution after China crackdown
Following sweeping crackdowns by China against Bitcoin mining activity, the United States has now emerged as the leading nation in terms...
US Claims Bitcoin Mining Crown Following China Crackdown
The U.S. has become the world’s leader in bitcoin mining following the renewed crackdown of the industry in China, the Cambridge Centre...
Binance to halt Chinese Yuan trades at the end of the year
Options are seemingly thinning for Chinese users after crypto exchange platform Binance revealed its exodus plans from the Chinese market...
Bitcoin Hovers Near 200-Hour MA Support; Resistance at $56.6K
Bitcoin remains on the offer following Tuesday’s 2.58% drop.The cryptocurrency is currently trading near the 200-hour moving average (MA)...
Andreessen Horowitz Plans to Meet With Washington Policymakers Over Web 3 : Report
Venture capital firm Andreessen Horowitz (a16z) is planning to meet with leaders in Washington over regulation of the next generation of...
BetaShares set to launch new crypto stock ETF
The Australian firm's crypto stock ETF will track companies such as Coinbase, Riot Blockchain and MicroStrategy BetaShares, a leading...
Declining Interest in Bitcoin-Margined Futures Promises Lesser Price Volatility
Days of extreme price volatility during market downturns may be behind us as traders are increasingly using stablecoins or fiat currencies...
Crypto-Focused Equities ETF Could Begin Trading in Australia in Coming Weeks
An exchange-traded fund (ETF) offering exposure to crypto-focused companies could soon begin trading in Australia.ETF manager BetaShares...
Police in China’s Zunyi City Bust a $124M Money Laundering Scam
Police in China’s southwest region busted a group that was using cryptocurrencies to launder stolen money, with 800 million yuan ($124...
Binance announces $1 billion growth fund for Binance Smart Chain
The goal is to accelerate growth for the Binance Smart Chain and drive mass adoption of crypto Binance has announced a $1 billion fund...
SEBA Bank Introduces Program for Clients to Earn Yield on Crypto
Digital-asset platform SEBA Bank has introduced a product that will allow clients to earn yield on their crypto holdings.The Zug,...
Report: Kenya Has Fourth-Highest Interest in Cryptocurrency Globally
Kenya has the fourth-highest interest in cryptocurrency globally, a new research study by Broker Chooser has found. According to the...
WeChat Appears to Censor Binance and Huobi Searches
China’s ubiquitous messaging platform WeChat appears to be censoring searches for “Binance” and “Huobi,” joining Weibo and Baidu.Searches...
Global Finance Watchdog Says $133B Stablecoin Sector Remains Niche
A Financial Stability Board (FSB) stocktake has found that stablecoins, or cryptocurrencies pegged to real-world assets, are currently not...
Binance to Delist Chinese Yuan Trading from C2C Platform
Crypto exchange Binance announced it will delist the Chinese Yuan from its consumer-to-consumer trading platform, according to a Wednesday...
Consensys Aims for $3 Billion Valuation in Upcoming Funding Round
Consensys, the Ethereum-based software boutique, is aiming to get a valuation that could reach $3 billion dollars in its upcoming funding...
For the 1st Time, All ERC20 Tokens Can Be Lent and Borrowed With UniLend’s Upcoming Version 2
PRESS RELEASE. UniLend Finance published their protocol update blog introducing UniLend v2. The Binance Innovation Zone project has...
Bank of Spain Criticizes El Salvador’s Foray Into Bitcoin
The Bank of Spain, the central bank of the country, criticized the adoption process El Salvador chose when declaring Bitcoin legal tender...
Binance Launches $1 Billion Fund to Boost Adoption of Its Smart Chain and Entire Blockchain Industry
Crypto exchange Binance has launched a $1 billion fund which it calls “the biggest funding program of its kind in the whole...
IMF Report Views ‘Cryptoization’ as Threat to Global Economy
The International Monetary Fund (IMF) is worried about the “cryptoization” of the developing world.In its Global Financial Stability...
Coinbase Launching NFT Marketplace With Social Features to Grow Creator Community ‘Exponentially’
Cryptocurrency exchange Coinbase is launching a peer-to-peer marketplace for non-fungible tokens (NFTs). The Nasdaq-listed company says...
US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a...
Traders pin Ethereum’s route to new ATH to eventual Bitcoin ETF approval
Ether (ETH) price is lagging Bitcoin’s (BTC) price action by 13% in October, but is this relevant? To date, the altcoin has still...
Coinbase Has Received the Third-Most Complaints Among Digital Wallet Firms
Coinbase’s digital wallet has received the third-most complaints among companies operating such wallets over the past four years.Coinbase...
NASDAQ-Listed HIVE Blockchain to Expand Data Center in New Brunswick, Canada With 40 Megawatts Capacity
HIVE Blockchain is set to expand its data center campus in New Brunswick, Canada with 40 megawatts capacity. It is the first...
Paxful’s Ray Youssef on Digital and Financial Social Justice
“On Purpose” host Tyrone Ross is joined by Ray Youssef, CEO of Paxful. Youssef brings history-backed answers to philosophical questions...
What Jamie Dimon Doesn’t Understand About Bitcoin
On Monday, speaking at an event hosted by the Institute of International Finance, JPMorgan Chairman and CEO Jamie Dimon once again said...
Market Wrap: Bitcoin Declines as Indicator Shows Rally Could Lose Steam
Bitcoin’s price dipped below $57,000 on Tuesday as analysts said the extreme buying in the market could mean the rally may soon be running...
Introducing Crypto for Advisors, a Newsletter for Financial Planners
CoinDesk is launching a new newsletter – one that’s different from our existing titles in an important way. It’s called Crypto for...
Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies
On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software...
Your Clients May Already Own Crypto. Here’s How to Hold It
TakeawaysProducts and services to help advisors handle crypto on behalf of clients are only just emerging.Even so, most serious...
Why Are Digital Assets Different?
Digital assets, cryptocurrency, decentralized finance (DeFi), non-fungible tokens (NFTs) – they have all been the subject of intense media...
Important Conversations to Have About Crypto With Clients
When we get through all the numbers and metrics that make up our business – AUM, ROI, fees, alpha, beta – what we actually end up doing is...
Big Institutions Are Eying Crypto. But Where Are the Inflows?
In a June 2020 survey by Fidelity Digital, more than one-third of institutional investors in Europe and the U.S. reported holding digital...
Bitcoin Takes a Breather; Could Find Support at $50K-$52K
Bitcoin (BTC) buyers are exiting positions as overbought signals appear on the charts. Resistance is seen around $58,000-$60,000, which...
5 Ways Bitcoin Can Play a Role in a Portfolio
Recently, a well-known bitcoin writer tweeted, “If your financial advisor hasn’t recommended bitcoin yet, fire them.” A tweet like this...
How Do You Value Digital Assets?
When I was first asked to write this column for CoinDesk, I called an old acquaintance, financial advisor and OnRamp Investing CEO Tyrone...
Bitcoin $60K resistance hints at ‘buy the dip opportunity’ before all-time highs — Analyst
Bitcoin (BTC) liquidity is changing — and it could mean that hodlers will get a fresh “buy the dip” opportunity. As noted by on-chain...
Jay-Z Adds Incubator to Portfolio of Blockchain/Crypto Investments: Report
Jay-Z knows diamonds are forever, but what about crypto? The hip-hop legend and business mogul’s firm Marcy Venture Partners (MVP) is...
Who Cares What Jamie Dimon Thinks of Bitcoin?
This episode is sponsored by NYDIG.Download this episodeAh, Jamie Dimon. One of the longest duration skeptics of bitcoin, and one of the...
Bitcoin price is correcting, but what does futures data show?
Bitcoin had been underperforming most altcoins for the past two months, but that trend reversed this week when (BTC’s) 20% rally...
Nevada-Based Bitcoin Mining Operation Cleanspark Purchases 4,500 Bitcoin Miners From Bitmain
Cleanspark, a Nevada-based energy technology and clean bitcoin mining firm, has announced the purchase of 4,500 Bitmain-brand Antminer S19...
Constellation Looks to Scale Blockchain Data Choices With Acquisition of Retail Startup Dor
Blockchain firm Constellation has acquired retail-data startup Dor with the aim of adding footfall information to its other relevant...
Coinbase Follows FTX.US Into NFT Trading
Coinbase is joining the non-fungible token (NFT) arms race.The U.S. crypto exchange is launching “Coinbase NFT,” a marketplace that will...
Total Value Locked in Defi Surpasses $200 Billion — Fantom, Avalanche, Harmony, Arbitrum TVLs Swell
Decentralized finance (defi) has swelled quite a bit this year and on October 5, the total value locked (TVL) in defi protocols crossed...
Dapper Labs Backs $3.5M Raise for Crypto Social Media Startup Yup
Yup, a crypto-backed social media platform, has raised $3.5 million in a funding round led by Distributed Global, with support from Dapper...
China’s crypto ban: Buy the dip or cause for concern?
Last month China’s central bank, the People’s Bank of China (PBoC), published a memo criminalizing practically all cryptocurrency...
Stripe Is Hiring a Crypto Team 3 Years After Ending Its Bitcoin Support
Payments company Stripe has begun assembling a crypto engineering team to chart its future in digital assets.The team – described in...
Biden Wants to Know More About Crypto
We’re seeing more and more chatter about crypto regulations from the U.S. presidential administration, but despite certain statements from...
Disney, Robinhood, Electronic Arts, WWE to Benefit From NFTs, Citi Says
Companies including Disney, Robinhood Markets and Electronic Arts are expected to benefit from non-fungible tokens (NFTs), according to a...
Crypto News Roundup for Oct. 12, 2021
This episode is sponsored by Kava, Nexo.io and Market Intel by Chainalysis.Today’s Stories:Bitcoin Eyes $60K as Active Entities Surge,...
XDEFI Releases Cross-Chain Wallet for DeFi, NFTs
XDEFI Wallet, which last month raised $6 million, has released a rival to MetaMask that was built with decentralized finance (DeFi) and...
Couple that traded military secrets for XMR appear in court today
The FBI and the NCIS on Saturday arrested a US Navy Engineer and his wife for attempting to sell nuclear secrets to a 'foreign party'...
Major Turkish Crypto Exchange Coinzo Shuts Down
Coinzo, one of Turkey’s largest cryptocurrency exchanges, is terminating its digital asset trading services. The platform said its...
Intel Won’t Limit Crypto Mining on New Arc GPUs
Intel (Nasdaq: INTC) doesn’t plan to include crypto mining limitations in its Arc graphics processing units (GPUs) due to release in early...
Binance Dedicates Another $1B to Smart Chain Project
Binance is doubling down its position in Binance Smart Chain (BSC).Binance, the largest cryptocurrency exchange by daily trading volume,...
CleanSpark Spends Some of Its Bitcoin to Buy 4,500 New Mining Machines
Bitcoin miner CleanSpark (Nasdaq: CLSK) has purchased 4,500 Antminer S19 bitcoin mining machines, funded partially by the sale of the...
Ethereum loses key support level as ETH price falls to two-month lows against Bitcoin
Ethereum’s native token Ether (ETH) rallied by more than 15% in the first twelve days of October. But, compared to Bitcoin’s...
Hashmasks Is Behind New NFTs by Notorious Art Forger Wolfgang Beltracchi
Hashmasks, the digital art collective that’s put together a collection of thousands of high-end non-fungible tokens (NFTs), is the...
iExec Launches Oracle Factory Allowing Anyone To Create Custom Oracles in Minutes
PRESS RELEASE. Using the iExec Oracle Factory, developers are able to create their own decentralized oracles with just the API’s...
What Is Proof-of-Work?
Proof-of-work is the algorithm that secures many cryptocurrencies, including Bitcoin and Ethereum. Most digital currencies have a central...
What Is Proof-of-Stake?
Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn....
South Africa Police Issue Arrest Warrant for Fraud-Accused Crypto Trader
Reports from South Africa say the country’s police have now issued a warrant for the arrest of Sandile Shezi, a 29-year-old...
Sam Bankman-Fried Hands Control of Crypto Trading Firm Alameda to Two Deputies
Sam Bankman-Fried is stepping back from his quant trading shop Alameda Research to make room for two co-CEOs: Caroline Ellison and Sam...
Crypto Lender Celsius Network Raises $400M in a Bid to Reassure Regulators: Report
Cryptocurrency lender Celsius Network has raised $400 million in equity funding in a move to reassure regulators of the credibility of the...
Ripple, Nelnet announce $44M strategic investment in clean energy
The investment targets cutting US carbon emissions by more than 1.5 million tons over the next 35 years Ripple, the firm behind the XRP...
Blockchain analytics firm Elliptic raises $60M in Series C
Venture capital firms and other investing institutions have continued pouring funds into the blockchain sector A statement released on...
Need some Bitcoin ‘hopium?’ This chart calls for new BTC price all-time high by November
Bitcoin (BTC) is on track to see new all-time highs this month and at least $72,000 in November if the latest price data is accurate. In a...
UK gambling watchdog probing fantasy football NFT platform Sorare
Sorare has reiterated that none of its services fall under regulated gambling The UK's gambling regulator has said it's investigating...
Nigerian Vice President Says Current Naira Exchange Rate ‘Artificially Low’
Nigerian Vice President Yemi Osinbajo recently warned that the country’s official naira exchange rate of N411 for every dollar is...
Bitcoin Eyes $60K as Active Entities Surge, Price Chart Shows Impending Bull Cross
Bitcoin’s rally looks to have legs as the ascent is backed by a pickup in blockchain activity and a long-term technical indicator which is...
What Is a 51% Attack?
An attack on a blockchain by a group of miners controlling over 50% of a network’s mining hashrate – the sum of all computing power...
Bakkt and Google partner to promote crypto payments
The partnership will see users of the Bakkt Visa card pay with crypto for goods and services Bakkt, one of the fastest-growing crypto...
Bitfarms Starts Construction of Mega Bitcoin Mining Farm in Argentina
Bitfarms, a bitcoin mining company, announced last week that construction is underway for a mega bitcoin mining farm in Argentina. The...
THORSwap relaunches cross-chain trading on four of five networks
Cross-chain decentralized exchange (DEX) THORSwap appears to be on the path to recovery after the THORChain network was taken offline...
Blockchain Intelligence Company Elliptic Raises $60 Million — Evolution Equity Partners, Softbank Bolster Series C
On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic...
Wormhole Adds Binance Smart Chain Support to Network Bridge
During the first week of September, the Wormhole Network’s ethereum solana bridge was introduced to the Solana community and the...
China’s BSN to Launch Portals in Turkey, Uzbekistan
China’s Blockchain Services Network is set to launch portals for its international versions in Turkey and Uzbekistan, according to a press...
JPMorgan Boss Jamie Dimon Says Bitcoin Is Worthless, Questions BTC’s Limited Supply
The CEO of global investment bank JPMorgan, Jamie Dimon, says bitcoin is “worthless,” questioning whether the supply of...
A16z Crypto Names 2 Security Veterans to Ensure Robust Measures, Provide Guidance
A16z Crypto has added two technology security experts to its operations team, Anthony Albanese, the COO of the cryptocurrency-focused unit...
Bank of England: Crypto Assets Pose ‘Limited’ Risks to Stability of UK Financial System
The Bank of England says that crypto assets pose “limited” direct risks to the stability of the country’s financial...
FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way
On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will...
Ripple Teams With Nelnet on $44M Solar Investment
Crypto-powered digital payment service Ripple has made a $44 million joint Environmental, Social, and Governance (ESG) investment with...
Price analysis 10/11: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI
Bitcoin (BTC) resumed its rally on Oct. 11 and climbed close to $58,000. This marks an almost 100% recovery from the May plunge and shows...
Gene Simmons’ $300K Cardano Investment Has More Than Doubled Since February
Lick it up.Kiss bassist Gene Simmons tweeted in February that he had bought $300,000 of Cardano’s ADA, writing that the cryptocurrency was...
rhoToken Successfully Launched on Flurry Finance DApp
Flurry Finance is announcing an exciting development in the world of DeFi, as the successful launch of the rhoToken marks a next level...