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A16z Elevates Former US CFTC Commissioner Quintenz to Policy Chief
6.12.2022
Brian Quintenz, a former commissioner with the U.S. Commodity Futures Trading Commission who left the agency last year, is amplifying his role at crypto venture capital firm Andreessen Horowitz (a16z) from advising to taking over as its head of policy, the company said on Tuesday
Argentina Signs Automatic Tax Data Sharing Agreement With the United States
6.12.2022
The government of Argentina has signed a data sharing agreement with the U.S. to enhance the cooperation of the countries in the tax arena. The agreement, which was signed by Sergio Massa, minister of economy of Argentina, and U.S. ambassador Marc Stanley, will allow the Argentine national...
Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy
6.12.2022
"Because of the size of this year's scandals and their far-reaching impacts, a lot of investors aren't moving to BTC because they're just leaving the space entirely," one expert said
Morgan Creek CEO Says FTX Co-Founder SBF Was a ‘Pawn’ Used to ‘Punish’ the Crypto Industry
6.12.2022
Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of innocent bystanders. On Dec. 2, the CEO and founder of Morgan Creek Capital, Mark Yusko...
Bitcoin 2022 bear market 'usual' despite key trend line loss — analyst
6.12.2022
On-chain data shows BTC price holding its historical trend, and the 200-week moving average is a poor way to assess the Bitcoin bear market, Superswell says
East African Bitcoin Miner Gridless Raises $2M Seed Round
6.12.2022
Goldman Sachs to Spend 'Tens of Millions' on Discounted Crypto Investments After FTX Implosion: Report
6.12.2022
The investment bank sees a bigger need for trustworthy and established players in the crypto space
Bitcoin’s Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022
6.12.2022
On Dec. 5, 2022, at block height 766,080, Bitcoin’s mining difficulty adjustment dropped 7.32% lower, making it the largest difficulty reduction in 2022. The current difficulty is approximately 34.24 trillion and it will remain at this point for the next two weeks or 2,016 blocks. Bitcoin Miners...
India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims
6.12.2022
An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that will do the same job without the associated risks. “This is essentially what we are doing in the CBDC...
First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K
6.12.2022
ALSO: Sam Reynolds writes that Taiwan-based technology conglomerate HTC is looking to take its virtual headset business public as part of a quest to help cultivate the metaverse. But is the company going in the wrong direction?
Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability
6.12.2022
Bitcoin miners are being caught between rising costs and the lower price of bitcoin
Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year
6.12.2022
Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.” Standard Chartered Bank’s...
Ether Turns Inflationary as Network Usage Slows
6.12.2022
Ether's annualized inflation rate previously dropped below zero following the collapse of FTX-induced market volatility, which spurred a rise in Ethereum network usage. The positive inflation rate indicated ETH being minted outpaced being burned
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
6.12.2022
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default
Built With Bitcoin Foundation Opens New Technology Center in Ghana
6.12.2022
The structure was built by Ghanian workers compensated in bitcoin, on land donated by local communities
Crypto Markets Today: FTX Fallout Hits Maple Finance; Bitcoin Declines
5.12.2022
The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Silvergate CEO Attempts to Address Concerns in Public Letter
5.12.2022
Shares of the crypto-focused bank have been reeling in part due to links with failed crypto exchange FTX and sister company Alameda Research
Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them
5.12.2022
The blockchain analysis firm Nansen says that some crypto traders appear to be withdrawing the LINK tokens en masse ahead of Tuesday’s opening for early access to Chainlink’s new staking program
This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume
5.12.2022
On Monday, Dec. 5, 2022, market data shows that non-fungible token (NFT) sales dropped 5.23% lower than last week’s sales despite a 15.16% increase in NFT buyers. Out of the $112.70 million in NFT sales volume over the last week, Ethereum-based NFTs accounted for $86.59 million or 76.8% of the $112...
The Contagion Fever Breaks: NFTs Dominate Art Basel
5.12.2022
The price of Ethereum is down nearly 65% since last year’s Miami Art Week. But this year’s global cultural phenomena saw an uptick in events, attendees and conversations around Web3 technologies and their roadmap to mass adoption