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Nouns DAO’s $27M Revolt Reveals Toxic Mix of Money-Hungry Traders and Blockchain Idealists
21.9.2023
It wasn't only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project's treasury
Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms
21.9.2023
BTC slid to $26,500 as interest rates and the U.S. dollar surged while equities declined
Judge Blocks Sam Bankman-Fried's Proposed Witnesses From Testifying
21.9.2023
Judge Lewis Kaplan, who's overseeing Sam Bankman-Fried's trial, granted the U.S. Department of Justice's motion to block all of the FTX founder's proposed witnesses from testifying at his trial next month
NFTs Aren’t Dead Just Yet (But the MSM Might Be)
21.9.2023
The success of a recent post from Rolling Stone calling NFTs worthless struck a nerve. But the reality is more complicated and more hopeful
‘You Can Do Nothing’: Crypto Trading Titans Are Yelling at Each Other on Elon Musk’s X
21.9.2023
“I never thought that you could be THAT scared of us,” DWF’s Andrei Grachev posted on X. Wintermute’s Evgeny Gaevoy: “We are trembling in your presence.”
Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress
21.9.2023
Former U.S. Sen. Pat Toomey, who tried and failed to push his own crypto legislation through Congress before leaving at the start of the year, can’t see how the current Senate will have any better luck, despite recent progress in the House of Representatives
Polygon Emerges as Suitor for Celo’s New Layer-2 Blockchain, Competing With OP Stack
21.9.2023
Celo, which is ditching its standalone blockchain in favor of a new "layer-2" network atop Ethereum, had originally signaled plans to rely on Optimism's OP Stack, a similar customizable kit to Polygon's but using Optimism’s “optimistic” technology
Is Crypto-AI Really a Match Made in Heaven?
21.9.2023
There’s lots of talk these days about how blockchains can make AI safe for human consumption. But is the idea, widely touted in the crypto community, workable in practice? Jeff Wilser takes a critical look
Top 3 Crypto Myths Tackled for Advisors
21.9.2023
Christopher Jensen from Franklin Templeton tackles myths about crypto in the Crypto for Advisors newsletter
Stablecoin Issuer Tether Ventures Into AI With Northern Data in $427M Nvidia Chip Splurge
21.9.2023
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing
NEAR Foundation’s Marieke Flament Steps Down as CEO
21.9.2023
General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol
Bank of Japan a Major Source of Uncertainty, Crypto Volatility Trader Says
21.9.2023
Once the BOJ begins policy normalisation, yen carry trades may unwind quickly, leading to increased cross-asset volatility
First Mover Americas: NFT Platform ImmutableX's IMX Token Rallies
21.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance Warns of Multiple Stablecoin Delistings as Lawyers Puzzle Over EU's MiCA
21.9.2023
The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers
Galaxy Digital Eyes European Expansion With New Regional CEO
21.9.2023
Mike Novogratz's firm has appointed Leon Marshall, its existing global head of sales, as its first European CEO
BNB, XRP Lead Slide in Crypto Majors as Mt. Gox's Repayment Delay Fails to Bouy Bitcoin Prices
21.9.2023
“We still believe that the chances of further declines are higher for now,” one analyst said
Here’s How FTX Founder Sam Bankman-Fried’s Trial May Play Out
21.9.2023
FTX founder and onetime CEO Sam Bankman-Fried will stand trial in just under two weeks to defend himself against allegations he deliberately committed fraud and conspired to defraud crypto investors and customers in FTX and Alameda Research. CoinDesk spoke to several legal experts about how...
Bitcoin Bulls Missing in Action After Mt. Gox Delays BTC Repayments
21.9.2023
Rumors of Mt. Gox mulling a delay have been doing the rounds and likely catalyzed the recent bitcoin price bounce
Bitcoin’s 87% Drop in 2021 Was Caused by Sam Bankman-Fried's Alameda, Ex-Employee Claims
21.9.2023
An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin's 87% drop on Binance.US in 2021
DraftKings' Billionaire-Backed Crypto Analytics Firm CoinScan Raises $6.3M
21.9.2023
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings