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Bitcoin Mining Is About Get Tougher With Difficulty Primed for Another Sharp Rise
6.10.2022
Miners with higher cost and large debt load will be weeded out by the crypto winter, according to industry experts
CFTC’s Regulation by Enforcement Needs to Change, Commissioner Says
6.10.2022
Commodity Futures Trading Commissioner Summer K. Mersinger, joined CoinDesk TV’s “First Mover,” to discuss the implications of enforcement by regulation and why it could be setting a “dangerous” precedent
Crypto Exchange Crypto.com’s Downsizing Larger Than Previously Reported: Ad Age
6.10.2022
In addition to job cuts of as much as 40% of staff, the company has also been pulling back from marketing deals, according to the story
Bitcoin․com Announces Public Sale of VERSE Ecosystem Token
6.10.2022
Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, has announced that Sale B, or the public sale of the VERSE utility and rewards token, will begin on November 1, 2022. Verse will support people...
Mike McGlone Says Gold Price Is ‘Firming’ — Commodity Strategist Insists BTC, ETH Will ‘Outperform Most Major Assets’
6.10.2022
Over the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold could resume its rally after a foundation similar to 1999 is constructed. Moreover,...
Citi Ventures Backs Its First Digital Asset Manager, Co-Leading a $6M Round in Xalts
6.10.2022
Accel co-led the round for the startup building institutional-grade digital asset products
Biggest Movers: UNI Closes in on 5-Week High, While SOL Also Climbs
6.10.2022
Uniswap moved closer to its highest point since late August on Thursday, as the token extended recent gains. Today’s surge is the fourth consecutive day that prices have climbed, leading the token to break out of a key resistance level in the process. Solana was also in the green, recording...
Federal Preemption of State Money-Transmitter Licensing Would Be Great Policy
6.10.2022
Citigroup Director of Blockchain and Digital Assets to Leave for Six Digital Exchange
6.10.2022
Citigroup's director of blockchain and digital assets is leaving the U.S. bank to take a role at SIX Digital Exchange, Bloomberg reported Thursday
Restaurant Industry Veteran Ben Leventhal Raises $11M for Web3 Startup Blackbird
6.10.2022
Blackbird will offer a Web3 hospitality platform connecting restaurants with guests through membership and loyalty programs
Chess Pro Accused Of Cheating Defiant After Competing In Tourney With Extra Security
6.10.2022
Two days after Chess.com released a 72-page report detailing Grandmaster Hans Niemann’s repeated history of online cheating on its website, the beleaguered pro is now, much to everyone’s surprise, competing in 2022's U.S. Chess Championship. And while the internet has cracked plenty of jokes...
Crypto Bank Silvergate Capital's Shares Fall After Wells Fargo's Bearish Call
6.10.2022
The bank's analysts say Silvergate's growth potential is limited during crypto winter
Bitcoin Miner Marathon Invested $31.3M in Bankrupt Data Center Compute North
6.10.2022
The miner also has about $50 million in security deposits and prepayment to Compute North, for hosting Marathon’s bitcoin miners
EU Council Endorses Markets in Crypto Assets (MiCA) Legislation
6.10.2022
Council of the EU, one of the European Union’s legislative bodies, has approved the proposed regulatory framework for the European crypto space. It’s now up to European lawmakers to approve the Markets in Crypto Assets package before its final adoption. Comprehensive Crypto Regulation...
Judge Dismisses Arrest Warrant for Terra's Head of General Affairs Yu: Report
6.10.2022
The arrest comes after the country invalidated Terra co-founder Do Kwon's passport
UK Investment Giant Abrdn Joins Hedera Governing Council to Advance Tokenization Goals
6.10.2022
U.K. asset management firm Abrdn (ABDN) has joined the Hedera Governing Council to continue its exploration of tokenizing traditional assets
Crypto Failures Fueled Better Due Diligence
6.10.2022
As crypto markets turn turbulent, asset managers perform due diligence by looking at fundamentals like network usership to increase safety
First Mover Americas: Bitcoin Stays Close to $20K, Sushi's Token Surges 14%
6.10.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 6, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Grayscale’s New Venture Aims to Capture Bear Market Opportunities in Bitcoin Mining
6.10.2022
Foundry will manage the day-to-day operations of Grayscale’s new co-investment vehicle
Bitcoin, Ethereum Technical Analysis: Ethereum Nears $1,400, as Price Hits 10-Day High
6.10.2022
Ethereum moved closer to $1,400 on Thursday, as the token rebounded from yesterday’s sell off. The world’s second largest cryptocurrency rose to its highest point in almost ten days during today’s session, as markets were marginally higher. Bitcoin was once again trading above...