Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

The embattled crypto lender’s ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted.

Why Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data

Ether and other major cryptos spent much of the day in positive territory.

Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution

The company plans to offer financial services that combine the potential of crypto with traditional financial services.

Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software

The miner's bitcoin production per unit of computing power was low in April.

Blockchain Association Files Amicus Brief in Coin Center Lawsuit Against U.S. Treasury Over Tornado Cash Sanctions

In a statement, the trade group’s CEO Kristin Smith, said that regulatory actions should only target bad actors.

U.S. House Republicans Push for Crypto Oversight With Bill to Make SEC Play Ball

Crypto exchanges would gain a path to registering with the U.S. Securities and Exchange Commission (SEC) and would be able to trade digital securities, commodities and stablecoins all in one place under a proposal from the Republican chairs of the two House of Representatives committees trying to hash out a bill.

Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted

The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Koppelmann.

What AI Governance Can Learn From Crypto’s Decentralization Ethos

Prominent critics of AI development are calling for government intervention to stave off the threat of human extinction. But we need more than centralized regulation of this industry, argues Michael J. Casey.

Binance Market Share Drops to Lowest Level Since October

The exchange remains the largest cryptocurrency exchange by trading volume.

Apple and Goldman Sachs Don’t Trust Their New Banking Customers

“Security Reviews” are locking up Apple Savings accounts for weeks on end, as a blunt-force anti-money laundering system turns customers into suspects.

Sotheby’s Golden ‘Goose’ Sale and Mercedes Benz Puts NFTs in Motion

Sotheby’s will sell Dmitri Cherniak's “The Goose” NFT at a live auction this month, while Mercedes Benz released a collection inspired by its luxury vehicles.

Kenya Central Bank Takes Ambivalent Stance on Digital Currency

The allure of the CBDC is fading and issuing one "may not be a compelling priority," the bank said.

Justin Sun Predicts Huobi May Get Hong Kong License in 6 to 12 Months

Crypto exchange Huobi could receive a crypto trading license in Hong Kong as soon as the end of the year, Huobi advisor and Tron founder Justin Sun said on CoinDesk TV on Friday.

CoinDesk Turns 10: 2015 – Vitalik Buterin and the Birth of Ethereum

The most used blockchain is supposed to be immutable. So why has it changed so much from its founding?

Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain

The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network.

Solving Lightning’s ‘Inbound Liquidity’ Problem Is Focus of New Layer 2 Bitcoin Protocol, Ark

The new protocol’s 24-year-old creator says Lightning’s inbound liquidity requirement - requiring users to commit funds to the protocol even when they're just receiving payments – “doesn’t make any sense.”

U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K

Continued strong gains in monthly employment figures have added to the Fed's case for rate hikes.

First Mover Americas: Bitcoin Bounces Back to $27K Ahead of Jobs Report

The latest price moves in bitcoin (BTC) and crypto markets in context for June 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi

May saw fewer exploits than April, suggesting better security practices among crypto users and developers.

Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining's Texas Site

Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site.

Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport

Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said.

Binance Australia Stops AUD Bank Transfers as Search for Payment Partner Drags On

Customers can still buy and sell crypto using credit and debit cards after the halt, which was announced last month.

Coinbase Derivatives Exchange to Offer Institutional Bitcoin and Ether Futures

These products come on the back of the nano futures that were launched last year.

Uniswap Community Votes Down Protocol Fees for Liquidity Providers

The initial snapshot poll was voted against by the community in a surprising move.

First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst

ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.

U.S. Commodities Agency May Change Risk Rules to Consider Crypto

The U.S. Commodity Futures Trading Commission (CFTC) has proposed an overhaul of its rules for risk management, and Commission Christy Goldsmith Romero said the changes should insist firms prepare themselves for crypto volatility and the risks from holding customers’ digital assets.

Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks

USDT has reached a $83.2 billion market capitalization, recovering all its losses since the implosion of blockchain project Terra more than a year ago.

Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns

BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers.

Japan's Largest Airline Group ANA Launches NFT Marketplace

All Nippon Airways (ANA) is also working on a metaverse travel experience that will integrate passengers' flight histories into their digital avatars.

Litecoin Starts June Strong as Investors Eye August Halving, Uptick in Activity

LTC has outperformed both bitcoin and ether over the last 30 days.

Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market

The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform.

Why Elizabeth Warren Is Wrong About Crypto and the Fentanyl Epidemic

MakerDAO Paves Way for Additional $1.28B U.S. Treasury Purchase

The protocol’s community voted for onboarding a new real-world asset vault that would invest up to the additional amount in U.S. Treasury bonds.

CoinDesk Turns 10: The ICO Era – What Went Right?

The ICO boom is remembered as an orgy of fraud and scammy behavior. But ICOs funded many crypto success stories - and might still have benefits, says David Z. Morris. This story is part of our series looking back at the biggest stories from the last decade. The ICO boom is our choice for 2018.

For Financial Advisors, Real World Assets Could Be a Safe(r) Path to Crypto

Financial Advisors should consider Real World Assets (RWA) as a way to approach the digital asset sector, minus most of the volatility.

Bitcoin Miners Gain Support From Texas With Two Bills Passed, One Halted

Two bills that will seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at committee.

CoinDesk Turns 10: 2022 - How Crypto Gods Turn Into Monsters

Nike Is Bringing Its .SWOOSH NFTs to EA Sports Games

The sportswear giant and game publisher are partnering to build new immersive experiences in the EA Sports gaming ecosystem.

MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets

The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply.

As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens

The actions showcase how Multichain’s faltering infrastructure and AWOL CEO are sending shockwaves through Fantom, the blockchain most heavily dependent on Multichain’s bridges.

GameStop Teams Up with The Telos Foundation to Grow Web3 Gaming Strategy

The leading game retailer will distribute Telos-based games on its forthcoming Web3 gaming launchpad, GameStop Playr.

Qatar Didn’t Properly Enforce Its Crypto Ban, Global Money Laundering Watchdog Says

The central bank should proactively identify and sanction service providers breaching its 2019 prohibition, according to the Financial Action Task Force

Sui Blockchain Signs Multiyear Deal With Red Bull Racing

Sui will roll out a series of digital experience for racing fans over the coming months.

Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M

CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.

First Mover Americas: Bitcoin Begins June Dropping Back Below $27K

The latest price moves in bitcoin (BTC) and crypto markets in context for June 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Treat Crypto as Securities by Default, European Parliament Study Says

Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says

Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%

Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform.

Crypto.com Receives Digital Token License in Singapore

The exchange received in-principle approval in Singapore last June.

Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure

Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.

Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform

The debt sale was the first of its kind for the French sustainable agriculture business.