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Optimism Foundation Sells $157M OP Tokens, Citing 'Treasury Management'
21.9.2023
The foundation behind layer 2 blockchain Optimism has sold 116 million OP tokens ($157 million) to seven separate purchasers, according to an announcement on the Optimism governance website
Mt. Gox Pushes Repayment Deadline by a Year
21.9.2023
The defunct crypto exchange has delayed the deadline for repayments to Oct. 31, 2024
NFT Platform ImmutableX's IMX Token Surges 35% With Upbit Leading Volume Growth
21.9.2023
The IMX-Korean won pair listed on South Korea's leading exchange Upbit accounted for nearly 20% of the 24-hour global trading volume
Vivek Ramaswamy is Drafting a 'Crypto Policy Framework'
20.9.2023
Republican presidential candidate Vivek Ramaswamy will release a crypto policy paper
U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans
20.9.2023
A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress
Bitcoin, Crypto Prices Little Changed as Federal Reserve Holds Interest Rates Steady
20.9.2023
The pause in rate hikes had been overwhelmingly expected by market participants, who will now begin focusing on the U.S. central bank's next policy meeting in November
The Sam Bankman-Fried Trial Is a Family Affair
20.9.2023
The Protocol: Ethereum Struggles With Sprawl as Optimism Airdrops $27M
20.9.2023
Last week marked the one-year anniversary of Ethereum’s historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators...
MakerDAO’s MKR Nears 16-Month High as Whales Accumulate, Crypto Hedge Fund Sets Bullish Price Target
20.9.2023
Maker (MKR), the governance token of decentralized finance (DeFi) lender MakerDAO, is nearing its highest price since last May, buoyed by rising protocol profits and large investors accumulating the token
A Bitcoin ETF Has Golden Parallels From History
20.9.2023
Why all the excitement about spot bitcoin ETFs? Well, a gold ETF was a huge deal for markets, and people wonder if $BTC might be next
Understanding the Economics of Ethereum Layer 2s
20.9.2023
Explosive Ethereum growth is on the way, with layer 2s like Arbitrum, Optimism and now Base paving the way, Michael Nadeau of The DeFi Report writes
BCB Group’s Chief Banking Officer Ian Moore to Leave This Month
20.9.2023
His planned exit follows that of the deputy CEO Noah Sharp in June
Breaking Down the Infamous Alameda Balance Sheet
20.9.2023
The infamous balance sheet of Sam Bankman-Fried’s trading firm, Alameda Research, served as the basis for a Nov. 2, 2022, story by CoinDesk’s Ian Allison. The article raised questions about how sturdy the company’s financial underpinnings were – and, by extension, how safe Bankman-Fried’s...
'We Can't Build Something Like This on Ethereum,' Says DYdX Founder as Mainnet Nears
20.9.2023
In an exclusive interview, Antonio Juliano, founder of dYdX (and a former Coinbase software engineer), discusses his project's move to build a new layer-1 blockchain using Cosmos technology
South Koreans Hold $99B of Digital Assets Overseas: Tax Service
20.9.2023
The crypto held in overseas accounts for about 70% of all assets held outside the country
Arbitrum Blockchain Traders Can Now Protect Against Impermanent Loss
20.9.2023
GammaSwap developers say it's the first application to allow Arbitrum users to hedge against supplied liquidity by letting them go short on those positions
First Mover Americas: Bitcoin Hovers Around $27K Ahead of Fed Decision
20.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 20 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport
20.9.2023
The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said
UK Just Passed an Online Safety Bill That Will Apply to the Metaverse
20.9.2023
The bill requires companies to assess the likelihood that children will encounter harmful content in virtual worlds and have measures in place to mitigate such risks
Bitcoin Holds Above $27K; XRP, ADA, DOGE Trade Little Changed
20.9.2023
“All financial markets have taken a wait-and-see approach ahead of monetary policy decisions in the U.S., Switzerland, the U.K. and Japan,” one analyst said