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BNB Smart Chain Resumes Operations After $100M Exploit
7.10.2022
A tweet from the official BNB chain Twitter account indicates that the chain is expected to be back online in the afternoon Asia time
Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’
7.10.2022
A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund is not an exchange-traded fund it is said to be structured as a “traditional limited...
Gofaizen & Sherle to Help Businesses Scale the New Lithuanian Cryptocurrency Regulations
7.10.2022
PRESS RELEASE. In light of the strengthened supervision of the cryptocurrency sector by Lithuania, Gofaizen & Sherle, an international legal and management consulting firm based in Europe, has taken the initiative to assist businesses in navigating these new regulations. According...
Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal
7.10.2022
The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with...
Zcash May Be Getting Spammed, but the Blockchain is Doing Just Fine, the Company Behind it Says
7.10.2022
The Electronic Coin Company, the organization behind Zcash, claims that concerns of a spam attack are mostly just FUD
Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
7.10.2022
On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s...
First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs' Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop
7.10.2022
The collection, now valued at $840,000, is worth less than a percentage point of the $21 million that the troubled hedge fund spent in assembling it
European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight Evasion
7.10.2022
Members of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has been approved by a large majority which also wants small crypto traders...
8 Years Ago Today: Bitcoin Traders Slayed the Infamous Bear Whale Who Dumped 30,000 BTC in a Single Trade
7.10.2022
Eight years ago today on October 6, 2014, while the price of bitcoin was coasting along at $330 per unit, an anonymous Bitstamp trader placed an order to sell 30,000 bitcoins. Moreover, the trader, now infamously known as the “Bear Whale,” sold the coins at $300 per unit, which...
Binance Smart Chain Halts Amid Fears of 'Potential Exploit' as BNB Token Sheds 4%
7.10.2022
Bitcoin’s Correlation With Gold Hits Highest Level in Over a Year
6.10.2022
But the relationship between gold and bitcoin remains only mildly strong
Market Wrap: Bitcoin Trades Flat for a Second Consecutive Day, but Outpaces Traditional Markets
6.10.2022
BTC remains range-bound as investors await the latest payrolls data on Friday. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Lido’s stETH Token Expands to Layer 2 Networks Optimism and Arbitrum
6.10.2022
Lido's liquid staking token is coming to Ethereum's optimistic rollups
Atlantic Council Director Sees 'Splintering' Financial System if US Falls Behind on CBDCs
6.10.2022
Josh Lipsky, senior director of the Atlantic Council, joined “First Mover,” to discuss what role the U.S. could play in the development of a CBDC and what could eventually happen to the U.S. dollar
Brazilian Presidential Candidate ‘Lula’ Da Silva Signals Support for Central Bank of Brazil Involvement in Crypto Regulation
6.10.2022
The presidential candidate that obtained most of the votes in the first Brazilian ballot round, Luis Inacio Da Silva, better known as “Lula,” declared that the Central Bank of Brazil should be responsible for building a cryptocurrency law framework. Lula also stated that the impact...
Decentralized Social Network's DeSo Token Rallies Amid Stablecoin Plans
6.10.2022
Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’
6.10.2022
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure...
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