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Bitcoin Dominance Has Remained Under 40% for More Than 3 Consecutive Months
7.12.2022
Over the last 100 days or roughly three months, bitcoin’s market dominance among 21,958 different crypto assets worth roughly $850 billion has been under 40%. Bitcoin dominance has been under 40% since Aug. 27, 2022, with a brief instance of rising above the 40% range 52 days ago, on Oct....
DeFi Protocol Perennial Launches with $12M Fundraise
7.12.2022
Polychain Capital and Variant co-led the round for the decentralized derivatives protocol
Binance's Bitcoin Reserves Are Overcollateralized, Auditor Says
7.12.2022
Mazars performed a proof-of-reserves and proof-of-liabities audit on the centralized exchange
OneCoin Co-Conspirator Frank Schneider Faces Money-Laundering Charges
7.12.2022
OneCoin was a $4 billion ponzi scheme
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate as USD Strengthens
7.12.2022
Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global market cap trading in the red as of writing. Ethereum was also lower today, falling as it remained...
Crypto Exchange Binance.US Eliminates Trading Fees for Ether
7.12.2022
The exchange will also offer additional trading fee discounts to customers who pay their trading fees with BNB tokens
Argentine Government Creates National Blockchain Committee
7.12.2022
The initiative seeks to promote the development of public policies and technological solutions based on blockchain
First Mover Americas: Grayscale in Investor's Crosshairs
7.12.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 7, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
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7.12.2022
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Attacker Targets Wealthy Crypto Funds Using Telegram Chats
7.12.2022
Exchange owners cautioned against downloads of malicious as attackers zeroed in on gullible users with a very relevant and specific narrative
Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report
7.12.2022
Despite the headwinds that have dominated the year, remittances to low and middle-income countries in 2022 still grew by 5% to $626 billion, the World Bank Migration and Development Brief has said. Africa, where the cost of sending $200 averaged 7.8% in 2022, is the “most severely exposed...
What Does an AI Chatbot ‘Think’ About DeFi? We Asked ChatGPT
7.12.2022
ChatGPT, CoinDesk’s new, robot-guest contributor, explains how AI might help (and harm) the future of DeFi
Zodia Custody Introduces Service to Protect Against Crypto Exchange Insolvency
7.12.2022
The crypto storage provider has rolled out a new service designed to protect clients' digital assets from insolvency of crypto exchanges
Three Arrow Capital's Zhu, Davies Subpoenaed in US Bankruptcy Case
7.12.2022
The New York Bankruptcy Court wants to gain information about the collapsed crypto hedge fund’s founders and investment managers
DeFi Project Mercurial Plots Revamp and New Tokens Following 'Toxic' Association With FTX
7.12.2022
The plan will see Mercurial launch its popular products as a separate project under the name Meteora
Chainlink Staking Opens With Initial $51 Million Inflow
7.12.2022
The company launched staking on its platform on Tuesday
Binance Generates 90% of Revenue From Transaction Fees, Changpeng Zhao Says
7.12.2022
Cryptocurrency exchange Binance generates 90% of its revenue from transaction fees, CEO Changpeng "CZ" Zhao said
Ledger Reveals New Crypto Hardware Wallet Designed by iPod Creator Tony Fadell
7.12.2022
On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by iPod creator, Tony Fadell, and the France-based firm Ledger says the new device was built with “uncompromisingly secure architecture.” iPod Creator Tony Fadell...
Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders
7.12.2022
With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the rally, one trader said
Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuation: Bloomberg
7.12.2022
The under $1 billion valuation is a far cry from the $3.2 billion valuation it had received in 2021