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Are DAOs Doomed to ‘Decentralization Theater’?
8.6.2023
Consensus 2023 guests highlighted their concerns over 'decentralization theater' in DeFi projects, emphasizing the importance of genuine decentralization in the development of the Web3 ecosystem
Cut the Jargon, Keep Your Promises: How Crypto Can Fix Its Image Problem
8.6.2023
Consensus 2023 attendees argued that improving crypto's image requires a clearer explanation of digital assets and a focus on tangible, user-centric products and services
‘De-Dollarization Emerging’ but Greenback Will Retain Its Dominance — JP Morgan Strategists
8.6.2023
Two JP Morgan strategists have said the U.S. dollar will retain its dominant position even as it is being challenged by alternative currencies such as the Chinese yuan. According to a report, the yuan currently accounts for just 7% of global foreign exchange trade volumes while the greenback...
CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits
8.6.2023
Monthly trading volumes on centralized exchanges continued to fall in May as regulators tighten their grip on the industry
Report: EA 'Exploiting The Players' With College Football Payments
8.6.2023
For the first time in a decade, EA Sports will be releasing a college football game this season. The main reasons for that 10-year hiatus was a conflict over player payments (which weren’t allowed under NCAA rules) and likenesses. Those had presumably been resolved in the lead-up to EA Sports...
Crypto Needs to Be Private by Default, Some Consensus 2023 Guests Say
7.6.2023
Participants at Consensus 2023 describe the tension between the need for privacy, transparency and regulation in crypto and DeFi in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report
No More FTXs! Consensus 2023 Attendees Discuss Future of Crypto Custody
7.6.2023
FTX's collapse reignites the self-custody debate with Consensus 2023 attendees in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report
Russian Investigator Took Over 1,000 BTC in Bribe Money From Hackers, Report
7.6.2023
An investigator working in Moscow has been caught with a record-breaking bribe paid by a hacking group in cryptocurrency. According to a Russian press report, the corrupt official accepted millions of dollars’ worth of bitcoin and saved the digital money for his retirement years....
Apple confirms acquisition of AR startup Mira following Vision Pro launch: Report
7.6.2023
While Apple Vision Pro comes with features geared toward personalized virtual reality, Mira’s headsets are purpose-built for industrial applications
Report: BioWare Offloading Star Wars MMO To Focus On Dragon Age, Mass Effect
6.6.2023
Electronic Arts is preparing to move Star Wars: The Old Republic, BioWare’s long-running MMORPG, to outside studio Broadsword Online Games, according to a new report by IGN. The deal would see just over half of the game’s development team move with it while the rest look for new jobs as BioWare...
Bankers Shopping FTX's 'Hundreds of Millions of Dollars' Stake in AI Startup: Report
6.6.2023
At the time of its bankruptcy last November, FTX may have owned as much as $500 million worth of stock in Anthropic, the creator of ChatGPT rival Claude
Report: Binance Controlled Bank Accounts Belonging to Its US Affiliate Between 2019 and 2020
6.6.2023
Between 2019 and 2020, crypto exchange Binance controlled bank accounts belonging to its U.S. affiliate including one holding funds of American clients, a new Reuters report has said. According to the report, employees of the crypto exchange’s U.S. affiliate had to get Binance executive...
Atomic Wallet Hack: Team Claims No Assets Have Been Lost in More Than 40 Hours
6.6.2023
The Atomic Wallet team claimed on June 4 that the hacking incident in which digital assets worth nearly $35 million were stolen has only affected less than 1% of its monthly active users. The team also promised to report “victim addresses to major exchanges & blockchain analytics to trace...
Fines and regulation: The ever-growing landscape of crypto compliance
5.6.2023
How have the regulatory and legal frameworks governing cryptocurrency fines transformed over the years, and what are the key trends and challenges?
Introducing CoinDesk’s First-Ever ‘Consensus @ Consensus’ Report
5.6.2023
Based on intimate, curated group discussions that took place at Consensus 2023, it covers a wide range of pressing issues for the digital assets industry
Atomic Wallet exploited, users report loss of entire portfolios
3.6.2023
Several users on Twitter have reported losses of crypto assets, claiming funds held on the Atomic Wallet app vanished
Brazil's crypto exchange Mercado Bitcoin licensed as payment provider: Report
3.6.2023
As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country
Nigerian Central Bank Blasts Naira Devaluation Report — Publication Stands by Its Story
2.6.2023
The Central Bank of Nigeria (CBN) said on June 1 that the report claiming it had devalued the local currency to N631 per dollar “is replete with outright falsehoods and destabilising innuendos.” The Nigerian publication Daily Trust has said it stands by its story and called on...
Biggest Movers: ADA Snaps Losing Streak as Nonfarm Payrolls Beat Expectations
2.6.2023
Cardano ended a four-day losing streak on Friday, as markets responded to the latest U.S. nonfarm payrolls (NFP) report. Payrolls in May rose to 339,000, which was significantly higher than the expected sum of 190,000. Solana collided with a key resistance level in today’s session. Cardano...
First Mover Americas: Bitcoin Bounces Back to $27K Ahead of Jobs Report
2.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets