Quick Look
China’s Bitcoin Ban May Be Bullish for DeFi – But Only Briefly
A price rally for the native tokens of leading decentralized finance (DeFi) protocols came as no surprise after China tightened its...
Cross-Chain Wallet XDEFI Raises $6M to Take On MetaMask, Phantom
After a $6 million raise from leading blockchain venture capital firms and decentralized finance (DeFi) power users, the XDEFI wallet is...
Ripple Launches $250M NFT Fund
Ripple is launching a $250 million fund focused on exploring new use cases on non-fungible tokens (NFTs) on the XRP Ledger (XRPL).The...
Kraken Charged by CFTC Over Margined Crypto Transactions, $1.25 Million Penalty Imposed
The Commodity Futures Trading Commission (CFTC) has charged Payward Ventures, the operator of cryptocurrency exchange Kraken, “for...
4K NFT Marketplace Goes Live, Bringing Physical Goods to the Blockchain
A tokenized Rolex?4K platform, a marketplace that allows users to mint non-fungible tokens (NFTs) representing physical assets, launched...
Solana-Based NFT Firm Metaplex Names Adam Jefferies CEO of New Studio
Metaplex, a company that allows creators and brands to build their own non-fungible token (NFT) storefronts on the Solana blockchain, has...
ConsenSys-Backed Palm Blockchain to Host DC Comics NFT Drop
The ConsenSys-backed Palm blockchain scored a major win on Wednesday morning, announcing that the network will be home to a non-fungible...
BTC price reclaims $42K as infrastructure bill vote, monthly close loom for Bitcoin
Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a “macro predicament” kept bulls on their toes. BTC/USD 1-hour candle...
Standoff Over $28T of US Government Debt Could Rattle Bitcoin Market
As a pitched battle in U.S. Congress raises the risk of a default on the government’s $28 trillion of debt, some cryptocurrency traders...
Swash Will Bring You Back Control of Your Data so You Can Earn From It, Not Tech Monopolies
Who controls your data is a vital and growing concern these days. People are now fully aware of how the giant tech monopolies are...
R3, Once Banking’s Blockchain Bet, Is Spinning Up a DeFi Token
R3, the startup that began with a consortium of banks trying to figure out how to use cryptocurrency technology in a private setting, is...
Pawn Your CryptoPunk: A New NFT DeFi Lending Market Blooms
It’s like a pawn shop for NFTs.A startup blockchain project called NFTfi is allowing users to borrow against their non-fungible tokens, in...
CFTC hits Kraken with $1.25M fine over illegal crypto products
The CFTC says the penalty is one of the actions it’s taking to protect US investors Kraken, one of the leading US-based...
Swiss regulator FINMA approves first crypto assets fund
The index fund is the first such investment product to receive regulatory approval in Switzerland The Financial Markets Supervisory...
Ethereum Is Only as Strong as Its Weakest Link
This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on...
Chainalysis data names Europe as the biggest crypto market
The report detailed that the European region recorded crypto transactions worth north of $1 trillion over the past 12 months A Chainalysis...
Central Bank of Ukraine Seeks to Hire Blockchain Developer
National Bank of Ukraine is hiring a blockchain expert who will likely support its digital currency project. The vacancy has been...
What Is an ICO?
ICO stands for “initial coin offering,” and refers to a formerly popular method of fundraising capital for early-stage cryptocurrency...
Bitcoin Consolidates Above $40K Support; Resistance at $45K
Bitcoin (BTC) is attempting to break above a series of lower price highs over the past few days, although upside appears to be limited...
Industry giant Bitmain to halt sales in China
The cryptocurrency hardware firm is reportedly seeking to move out of the Chinese market Crypto equipment manufacturer Bitmain is...
Aave price analysis: an AAVE downtrend could extend to $200
The negative sentiment associated with China's crackdown on crypto has affected the market outlook of most altcoins Aave's price is...
Nigerian CBDC Website Goes Live, Central Bank Faces Trademark Infringement Allegations
According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)’s e-naira digital currency is now up...
Bitcoin Eyes Biggest Monthly Price Loss Since May
Bitcoin appeared set to end the seasonally bearish month of September on a negative note, thanks to instability in global financial...
Alibaba Suspends Sale of Cryptocurrency Mining Hardware on Its Platform
Alibaba, the Chinese e-commerce giant, has announced it will no longer allow the sale of cryptocurrency mining gear on its platform. The...
S. Korea Bans Virtual Asset Services Staff From Trading Their Platform’s Tokens
South Korea banned virtual asset services providers (VASPs) and their staff from trading tokens they issue, the country’s Financial...
Cardano to Invest $100 Million to Fund Decentralized Finance Projects
Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of...
Crypto Exchange CoinJar Secures UK FCA Registration, Advocates For License in Australia
The U.K. subsidiary of Australia’s longest-running crypto exchange has received registration from the U.K.’s Financial Conduct Authority...
Pan-African Exchange Yellow Card Raises $15 Million in Latest Funding Round
Yellow Card, an Africa-focused crypto exchange platform, recently announced a capital raise of $15 million from its Series A funding...
Huobi-Backed SocialFi Platform, Torum to Make Social Metaverses a Reality With Avatar NFTs
PRESS RELEASE. Torum is set to launch a pioneering social metaverse and socially integrated Avatar NFTs through a unique SocialFi...
Ahead of Crackdown, Huobi Scrambled to Move Staff Out of China, Insiders Say
Months before China’s latest crackdown, the Huobi Global cryptocurrency exchange relocated substantial parts of its operations out of the...
Switzerland’s SEBA Bank Snags First FINMA License for Liquid Crypto Funds
SEBA Bank has been given permission by regulators to offer digital assets to Swiss-domiciled mutual funds, the first such license to be...
China’s Great Firewall Censors Crypto Websites Coingecko, Coinmarketcap, Tradingview
On September 28, reports stemming from social media and crypto-focused forums detailed that China has been blocking a number of...
Thailand’s Tourism Authority Floats Idea of Utility Token to Attract Crypto Holders: Report
The Tourism Authority of Thailand (TAT) is exploring the possibility of minting its own utility token in a bid to cultivate crypto revenue...
US Senators Introduce Bill Requiring Treasury to Report on Cryptocurrencies and Their Use Globally
Two U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury...
VORTECS™ Report: This key trading algo spotted bullish altcoin setups even as BTC price fell
Last week was challenging for crypto traders, with Sept. 24’s FUD-triggering crypto-ban news out of China wiping out much of the gains...
SEC Chair Gary Gensler Says Crypto Will ‘Not End Well’ if It Stays Outside Regulations
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that cryptocurrency “is not going to end well...
Fintech App Titan Adds Algorand, Chainlink and Uniswap to Actively Managed Crypto Fund
Titan has added ALGO, LINK and UNI to the actively-managed crypto portfolio it launched in August following its Series B raise led by...
Bears apply the pressure as Bitcoin price revisits the $41K ‘falling knife’ zone
“Don’t fight the trend” is an old saying in the markets, and there are other variants of the phrase like “never...
Stablecoin launch and NFT integration back COTI’s rise to a new all-time high
The blockchain ecosystem has evolved significantly over the past decade as smart contract capabilities have moved the industry from being...
Lending Platform Affirm Will Allow Customers to Buy and Sell Crypto
Affirm Holdings Inc., the publicly traded, consumer lending platform, plans to allow customers to buy and sell crypto, according to a...
Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants’ Appetite for Crypto Payments ‘Has Exploded’
Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in...
Market Wrap: Traders Seek Protection as Crypto and Stocks Dip on US Debt Ceiling Impasse
Cryptocurrencies were mostly lower on Tuesday, tracking losses in equities after the U.S. Senate failed to act to extend the debt ceiling...
Kraken to Pay $1.25M Fine After Settling Charges With CFTC
Kraken will pay $1.25 million to settle charges with the Commodity Futures Trading Commission (CFTC) that it offered illegal margined...
Dapper Labs Is Bringing Its NFTs to the NFL: Report
Dapper Labs has reached a deal with the NFL to create an NBA Top Shot-style marketplace for digital football collectibles, according to a...
Cinco razones por las que bitcoin se mantiene por debajo de $50.000
El 8 de septiembre el equipo de investigación de criptomonedas de Standard Chartered proyectó que el precio de bitcoin podría alcanzar los...
Digital Dollar Needs Legislative Support, Fed Chair Says
Federal Reserve Chairman Jerome Powell called the development of a U.S. central bank digital currency (CBDC) “critical work,” telling...
Decentralized Storage for AI Data Brought to Life by Epik Protocol
The Dilemma of Decentralized Storage EcosystemsThe decentralized storage ecosystem is booming, but with this growth comes a dilemma: As...
World-Famous DJs Paul Oakenfold, Carl Cox, Paul Val Dyk Spin and Crossfade Into the NFT Universe
While celebrities and athletes have been jumping into the non-fungible token (NFT) scene headfirst, a large quantity of music acts have...
Signs of fear emerge as Ethereum price drops below $3,000 again
Technical analysis is a controversial topic, but higher lows are commonly interpreted as a sign of strength. On Sept. 28, Ether (ETH)...
An Update on the ‘Erroneously High’ Gas Fee That Temporarily Cost DeversiFi $23.7M
Turns out, all you need to do to get $23 million returned is ask nicely.On Monday morning, reports emerged that decentralized finance...
Two Fed Presidents Resign After Embarrassing Trading Revelations
This episode is sponsored by NYDIG.Download this episodeToday on “The Breakdown,” NLW explores traditional financial system actors...
Green Bay Packers Running Back Aaron Jones Joins Crypto Exchange FTX’s Ambassador Team
On Tuesday, the crypto firm FTX Trading Ltd, announced that the Green Bay Packers running back Aaron Jones has joined the company as an...
Leading Crypto Mining Machine Maker Bitmain Said to Halt Sales in China
Bitmain, one of the world’s largest bitcoin mining manufacturers, is planning to suspend sales of its machines to miners in mainland China...
You Can Be a Bitcoin Maximalist and Like Ethereum, Too
Toxic bitcoin maximalism has been in the spotlight. For the past few days noted bitcoin booster Udi Wertheimer has been kicking the cyber...
Cryptocurrency Derivatives Exchange Bitget to Sponsor Juventus as Its First-Ever Sleeve Partner
Singapore-based cryptocurrency derivatives exchange Bitget announced a partnership with Juventus to become its sponsor. According to the...
Bitcoin whales move ‘record’ BTC value as metric sounds alarm over price volatility
Bitcoin (BTC) analysts are eyeing short-term volatility as whales begin unprecedented behavior. Fresh data shows that whales have not only...
Cardano’s Alonzo hard fork was a success but real utility could be a while
Cardano (ADA) reached a major milestone in its roadmap on Sep. 13 as its blockchain launched Plutus-powered smart contracts as a part of...
CFTC’s Berkovitz to Become Top Lawyer at SEC
The Securities and Exchange Commission has tapped Dan Berkovitz, the CFTC commissioner who voiced concerns around DeFi regulation, as its...
Crypto Regulation, Ransomware and OFAC’s Rise
The U.S. government sanctioned a crypto exchange for the first time last week, escalating its fight against ransomware and proclaiming...
Here’s why Bitcoin mining stocks have been outperforming BTC price in 2021
Bitcoin (BTC) might have outperformed traditional financial markets regarding investment returns, but the cryptocurrency still fell behind...
Connext Launches NXTP Protocol to Improve Liquidity
Connext, a platform based on the Ethereum blockchain that allows users to conduct transactions across different Ethereum-based networks,...
23,250 ‘Sleeping Bitcoins’ Spent in 2021: This Year Old School Miners Moved $1 Billion in BTC From 2010-2013
On Bitcoin’s 12th anniversary, a mystery miner from the early days spent 1,000 decade-old bitcoins that were mined in 2010. The...
Archax Launches Subsidiary Montis Digital, Appoints Martin Watkins as CEO
Archax, the U.K. digital securities exchange, broker and custodian, has named Martin Watkins as CEO of its new subsidiary Montis...
Chinese Ethereum Mining Pool BeePool to Shut Down Following Crackdown
BeePool, the world’s fourth-largest Ethereum mining pool in terms of hash rate, will suspend all its services to miners starting on Oct....
Where to buy PointPay as PXP seems poised for another rally
The PointPay token has seen a price increase of 51% in a day and is currently heading for another rally with a steady rise in buy volumes....
Institutional DeFi Push Continues as Ethereum Scaler Nahmii Launches Mainnet
Nahmii, a system designed to expand Ethereum with the needs of regulated institutions in mind, is launching its live version, or mainnet....
Crypto News Roundup for Sept. 28, 2021
This episode is sponsored by Kava, Nexo.io and Bitstamp.Today’s Stories:Stock Futures Fall as Bond Yields Hit Three-Month HighUK benchmark...
Where to buy Earnbase after ENB rallies by 55%
The Earnbase token saw a huge rally after consolidating between the range of $2.48—$3.5 for the past week. The ENB coin could see...
Verifone Partners With BitPay to Support Crypto Payments
Payment technology provider Verifone is to support crypto payments through a partnership with crypto payments provider BitPay.Merchants in...
Coinbase Shares Have Potential for Almost 30% Upside, Analyst Says
Coinbase shares may reach $300, representing an almost 30% upside from their current price, according to a new research report from JMP...
Gravitoken’s enters Coinmarketcap’s top 5 gainer’s list after latest rally
The cryptocurrency space has been in a bearish trend recently, but some coins defied the odds and outperformed. The cryptocurrency market...
Andreessen Horowitz Leads $5M Bet on Euro Stablecoin Startup Angle
Angle Labs, a startup focused on offering stablecoins in currencies like the euro as an alternative to dollar-centric tokens, has raised...
BTC price loses $42K after fresh rejection puts focus on ‘worst case’ Bitcoin monthly close
Bitcoin (BTC) fell below $42,000 on Tuesday, Sept. 28, as the largest cryptocurrency worsened overnight losses. BTC/USD 1-hour candle...
US Senators Propose Tracking Foreign Crypto Mining
U.S. Senators Maggie Hassan (D-N.H.) and Joni Ernst (R-Iowa) have proposed new legislation that would require the Treasury Department and...
WOO seals partnership with Fantom: where to buy Woo Network
The Woo Network token has recorded an impressive trading volume of $92,594,915 in the past 24 hours. The WOO token is up by 9% after it...
Law Enforcement in Russia’s Samara Region Investigates 8 Cases of Fraud Related to Finiko
The investigation into the Russia-based crypto pyramid Finiko is growing with law enforcement officials in Samara region announcing they...
Solana-Based Prediction Market Uses DeFi Yields to Finance ‘No Loss’ Betting
Hedgehog Markets, a fledgling blockchain-based prediction market platform, is testing a novel type of wager where bettors have nothing to...
Peruvian stablecoin launches on Stellar blockchain
Latin American stablecoin issuer Anclap is expanding its Stellar-based stablecoin network by launching a new stablecoin in Peru,...
Ex-Revolut Exec Launches Governance Token With Backing From Galaxy Digital
U.K.-based decentralized finance (DeFi) startup Gro, founded by former Revolut growth lead Hannes Graah, has launched a liquidity mining...
Derivatives platform MATTER surges by 59%: where to buy AntiMatter
The AntiMatter token is currently trading at $1.14 at the time of writing with bulls trying to push prices towards the $2 region and...
Blockchain Startup Triall Introduces a Tokenized Ecosystem to Speed Up and Improve Medical Research
PRESS RELEASE. Triall launches its main utility token TRL on Uniswap following a successful token pre-sale that raised more than 2 million...
Social Token Site Roll Gets Boost With $10M Series A Led by IOSG Ventures
Social token builder Roll has raised $10 million in Series A funding led by IOSG Ventures with participation from Animoca Brands, Alchemy,...
Verifone to enable crypto payments at major retailers through BitPay
Crypto payments are becoming increasingly popular as Bitcoin (BTC) and other digital assets continue to go mainstream. This has become the...
Stablecoin Pegged to Peru’s Currency Launches on Stellar
The first stablecoin pegged to Peru’s national currency has launched on the Stellar blockchain.Latin American digital token issuer Anclap...
Hailey Lennon and 25 Women in Crypto Are Launching This Networking Group
Crypto Connect, a professional network for people in the crypto industry, is launching in 12 cities across the United States, with plans...
China has blocked CoinGecko and CoinMarketCap: Report
Another cryptocurrency site blocked in China is TradingView China has extended its crackdown on cryptocurrencies by blocking user access...
Bitcoin Declines from Resistance; Approaching $40K Support
Bitcoin (BTC) is trading lower after sellers responded to resistance near $45,000. The cryptocurrency is down about 4% over the past 24...
Bitfinex spent $23.7 million in fees to move $100,000 ERC-20 USDT
Ethereum is one of the top blockchains in the crypto space, but its huge transaction fees have led many to flee to alternative networks...
Securitize Launches Its Secondary Marketplace for Trading Tokenized Securities
Securitize, a digital assets securities firm, has launched a secondary marketplace for trading tokenized shares of private companies under...
Alibaba to ban the sale of crypto mining equipment from October
China has increased its crackdown on crypto-related activities, and this has resulted in users finding it hard to access cryptocurrency...