Search
Crypto Bank Silvergate Suspends Dividend on Preferred Stock
27.1.2023
The bank is looking to preserve capital as it navigates recent volatility in the crypto industry
First Mover Americas: Layer 2 Tokens Take Lead
27.1.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Miner Argo Blockchain Faces Class Action Suit Over U.S. Share Sale
27.1.2023
Argo failed to disclose that it suffered from significant capital constraints, electricity and network difficulties, the suit says
Jihan Wu's Matrixport Cuts 10% of Staff
27.1.2023
At press time, Matrixport had more than 290 employees serving customers in 40 countries
DeFi Lender Aave Deploys V3 on Ethereum Network
27.1.2023
Decentralized lending and borrowing protocol Aave has deployed its third version on the Ethereum blockchain following unanimous support for a governance proposal
How to Give Bitcoin or Another Cryptocurrency as a Gift Using BitCard
27.1.2023
PRESS RELEASE. As Bitcoin and crypto grows in its appeal and global use by individuals, businesses and merchants from all places and corners of the world, the desire for them also increases. Now, perhaps more than any other time in history, digital currencies like BTC, ETH and others, are...
UK's FCA Flagged Some Crypto Firms Seeking Regulatory Approval to Law Enforcement
27.1.2023
Some of those investigations into financial crime or "direct links to organized crime" are ongoing, an official at the Financial Conduct Authority said
India should reduce TDS on crypto trade in the 2023 budget
27.1.2023
Cryptocurrency in India is going through a process of legal identification. There is little surety if the country will legalize the digital currency considering that the digital rupee has started circulating in the market. An application of 1% TDS on the transfer of virtual digital assets worth...
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases
27.1.2023
Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried out in conjunction with local banks and fintechs, is presently focused on domestic wholesale uses cases, the central bank has said. Meanwhile, the Saudi Minister of Finance has said CBDCs can be...
Polygon Derivatives DEX Gains Network Crosses $1.5B in Trading Volume on Arbitrum
27.1.2023
Trading volumes on Gains Network deployed on Arbitrum reached $230 million in the past 24 hours alone, data shows
Crypto Exchange Bithumb Raided in South Korean Price Manipulation Probe: Report
27.1.2023
South Korean prosecutors are investigating transactions related to a specific person or entity moving the price of a certain coin to make a profit
Terra Luna Classic Price Prediction as $60 Million Trading Volume Comes In – Can LUNC Reach $1 in 2023?
27.1.2023
The Terra Luna Classic price has dropped by 1.5% in the past 24 hours, sinking to $0.00017113 as the market as a whole dips by around 0.5%. Its fall comes as its 24-hour trading volume reads at just over $60 million, with the altcoin also down by 1.5% in a week but up by 1.5% in the last...
FTX and Alameda Research Collapse Sad Event but ‘Good for the Long Run’ Says DWF Labs Managing Partner
27.1.2023
While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may have helped to “flush...
Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own Tokens
27.1.2023
The proposal is part of a broader move towards positioning Floki Inu as a serious DeFi project, developers told CoinDesk
Bitcoin on Track for Best January Since 2013, Led by Bullish Trading in US Hours
27.1.2023
Bitcoin has rallied almost 40% since Jan. 1, on track for its best opening to a year since 2013, when it surged 51%
Cardano DEXs Will Support Djed Stablecoin Liquidity Pools Starting Next Week
27.1.2023
The issuance of Djed’s overcollateralized stablecoins has been a much-hyped topic in the Cardano community
Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%
27.1.2023
Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business developer Nano Grijalba, after the veto of the crypto law, the change in power...
SEC Probing Investment Advisors Over Crypto Custody: Report
27.1.2023
The United States Securities and Exchange Commission (SEC) is conducting an inquiry into registered investment advisers about whether they are following rules around custody of client crypto assets
Fortune Unicorn Club (FUC), the First DIY-Mint Method NFT Project, Has Won 2 Million in Funding in the ForChain Labs’ Seed Round
27.1.2023
PRESS RELEASE. ForChain Labs was founded in April 2022 as a web 3 startup company. Meanwhile, the NFT project, Fortune Unicorn Club, was being developed. ForChain Labs has raised 2 million funds in its seed round and will use the funds to develop and operate Fortune Unicorn Club (FUC), the first...
Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal
27.1.2023
The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines...