Categorie: Coindesk

The Canadian firm said it would receive 5,800 machines by end-January, raking in upwards of 630 PH/s. Source: Coindesk Original Post: Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs

Hong Kong-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea FC, according to a Bloomberg report. Source: Coindesk Original Post: Crypto Trading Firm Amber…

Rishi Sunak’s government has already legislated to use stablecoins as a means of payment as he seeks to make the country a crypto hub. Source: Coindesk Original Post: UK Extends Crypto Tax…

Coinbase highlights questions about Tether reserves in campaign to get users over to USDC. Source: Coindesk Original Post: Crypto Exchange Coinbase Asks Users to Switch USDT for USDC

A Tokocrypto spokesperson would not confirm the deal, which has been widely reported by regional media. Binance is a Tokocrypto investor; bitcoin jumps back above $17K. Source: Coindesk Original Post: First Mover…

The Source: Coindesk Original Post: Starbucks Launches Beta of Web3 ‘Odyssey’ Loyalty Program

The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened…

Staking started Tuesday, and 24.27 million LINK tokens were locked in by Thursday to secure the network. Source: Coindesk Original Post: Chainlink’s First Staking Pool Pulls in 0M of LINK Tokens, Hitting…

The U.S. Securities and Exchange Commission issued letters to companies flagging the need to disclose any potential impacts from mayhem in the crypto markets. Source: Coindesk Original Post: SEC Tells US-Listed Companies…

Carole House, co-author of President Biden’s executive order on crypto, discusses why the framework is “balanced” in mitigating risks but still has existing gaps. Source: Coindesk Original Post: Former White House Adviser:…

U.S. Senators Ed Markey and Jeff Merkley and Rep. Jared Huff introduced a bill Thursday that would, if passed, direct the Environmental Protection Agency to study the energy usage and environmental impact…

You can have your metaverse and VR headsets, writes Boyd Cohen in this op-ed. In 10 years he predicts the masses will still be in the real world using smartphones, so if…

Source: Coindesk Original Post: Did Sam Bankman-Fried Finally Admit the Obvious?

U.S. banks have been cooling off on their crypto interest since this year’s twin eruptions of Terra/LUNA and FTX, said Michael Hsu, the acting chief of the Office of the Comptroller of…

Chris Akhavan will take on the new role of Chief Gaming Officer to build the marketplace’s Web3 gaming strategy following its expansion to the Polygon network. Source: Coindesk Original Post: NFT Marketplace…

The shares have not traded at a premium to bitcoin since March 2021 Source: Coindesk Original Post: Grayscale Bitcoin Trust Discount Widens to Record High Near 50%

Generally, 35% of central banks were more inclined to issue a CBDC despite recent events in crypto and none were less inclined a report by the Official Monetary and Financial Institutions showed. …

Edvard Sabirov’s arrest leaves just one of the four known leaders of Finiko at large. Source: Coindesk Original Post: Leader of Suspected Russian Ponzi Scheme Is Arrested in UAE: Report

An ongoing case in a Florida district court alleges Kang misused $12 million in investor assets. Source: Coindesk Original Post: Crypto Hedge Fund BKCoin Fired Co-Founder Kang Over Misappropriated Investor Funds

Tail risk investment strategies look to reduce overall portfolio risk by outperforming during an unexpected downturn, but do so at the cost of lower returns in a bull market. Source: Coindesk Original…