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Exploring Biden’s Executive Order on Crypto, 6 Months In
7.12.2022
CoinDesk published its annual Most Influential series on Monday, highlighting a number of regulators, lawmakers and similarly impactful individuals. I spoke to Carole House, one of the authors of the White House executive order on crypto, to take a look at the document, its origins and where we...
Signature Bank to Reduce Crypto-Tied Deposits by as Much as $10 Billion
7.12.2022
Nearly a quarter of the Wall Street bank's current deposits come from crypto-related businesses
Fan tokens struggle to hold on as World Cup quarter-finals draw nearer
7.12.2022
Soccer fan tokens have seen their prices and trading volumes plummet since the start of the World Cup on Nov. 20
Court in China Recognizes NFTs as Virtual Property Protected by Law
6.12.2022
A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...
Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing Woes
6.12.2022
The hedge fund wants more details about the Grayscale Bitcoin Trust, which has fallen by nearly 75% this year. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North
6.12.2022
The miner paid $50 million initially, $8 million of which was written off and only about half of the rest are expected to be recovered
Bitcoin Miners Offered Way to Cut Texas Electricity Usage to Help the Grid
6.12.2022
The voluntary program to lower power consumption during high demand period, might go live around Jan. 1, 2023
Sam Bankman-Fried Hires Mark Cohen as His Attorney: Reuters
6.12.2022
The former head of the now-bankrupt crypto exchange, Bankman-Fried has yet to be charged with any crimes
US House Investigators Say Rep. Cawthorn Improperly Promoted Crypto Token
6.12.2022
Rep. Madison Cawthorn (R-N.C.) is already exiting the U.S. Capitol after losing his seat in this year’s elections, but an ethics investigation unveiled Tuesday will secure something of a legacy for the young congressman: How not to promote cryptocurrency while in Congress
Report Suggests FTX’s Tokenized Stocks Might Not Have Been Backed 1:1, Synthetics May Have Been Used to ‘Manipulate’ Real Stock Prices
6.12.2022
On Dec. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe it’s questionable whether or not the firm actually held the real stocks in the first place....
Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent
6.12.2022
Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a statement saying it was “speechless” and unaware of the extent of the trading team’s exposures
Hedge Fund Fir Tree Sues Grayscale for Details on GBTC: Bloomberg
6.12.2022
Fir Tree wants the Grayscale Bitcoin Trust to resume redemptions and cut fees
Hoops Legend Scottie Pippen Shoots a 'Web3' With Virtual Sneakers
6.12.2022
The six-time NBA Champion discusses why he’s jumping into Web3 and what’s behind the limited time NFT-based Metawear sneaker collection
Wikipedia Editors List FTX’s Questionable Blunder as the Top Trading Loss of All-Time
6.12.2022
Following the collapse of FTX at the beginning of November, two top executives from FTX and Alameda Research — Sam Bankman-Fried and Caroline Ellison — have been listed among traders with the top trading losses worldwide on Wikipedia. According to the Wiki page, Bankman-Fried’s and Ellison’s...
Barcelona and Argentina Legend Mascherano Joins Alchemy Pay as Brand Ambassador
6.12.2022
Barcelona and Argentina soccer legend, Javier Mascherano has signed for the leading fiat-crypto payment gateway Alchemy Pay. On December 1st, He announced on his social media platforms that he officially became an ambassador for Alchemy Pay, promoting its payment features and products, and will...
Economic Unreality: What SEC ICO Precedents Mean for Ripple
6.12.2022
BTC Dominance Is Behaving Weirdly, and That’s Sort of Good
6.12.2022
It's likely we are witnessing the consolidation of the crypto market’s speculative nature
Over $30M Pours Into ApeCoin Staking in First Day
6.12.2022
The native token of the Yuga Labs ecosystem is unavailable to stake in the United States due to regulatory concerns by its parent foundation
2022 Was The Year The Video Game Industry Ate Itself
6.12.2022
The video game industry went on a shopping spree in 2021. Epic Games bought Mediatonic (Fall Guys), Sony bought Housemarque (Returnal), and Embracer bought Gearbox (Borderlands). It seemed like things might slow down in 2022, but instead they ramped up even more into an acquisition free-for-all....
Biggest Movers: LEO Rebounds on Wednesday, Whilst AVAX Falls From 3-Week High
6.12.2022
Unus sed leo was one of a few gainers on Tuesday, as cryptocurrency markets mostly traded lower. Bearish sentiment returned to the global crypto market cap in today’s session, with prices down by 1.77% as of writing. On the other hand, avalanche was trading lower, as prices retreated from a recent...