- First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs' Lack of Staying Power; Bitcoin Regains $20K After Earlier Dropby James Rubin, Sam Reynolds on October 7, 2022 at 1:08 am
The collection, now valued at $840,000, is worth less than a percentage point of the $21 million that the troubled hedge fund spent in assembling it.
- Binance Smart Chain Halts After 'Potential Exploit' Drains Estimated $100M in Cryptoby Nelson Wang, Sam Kessler, Danny Nelson on October 6, 2022 at 10:26 pm
- Bitcoin’s Correlation With Gold Hits Highest Level in Over a Yearby Jocelyn Yang on October 6, 2022 at 9:19 pm
But the relationship between gold and bitcoin remains only mildly strong.
- Market Wrap: Bitcoin Trades Flat for a Second Consecutive Day, but Outpaces Traditional Marketsby Glenn Williams, Jocelyn Yang on October 6, 2022 at 8:50 pm
BTC remains range-bound as investors await the latest payrolls data on Friday. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
- Lido’s stETH Token Expands to Layer 2 Networks Optimism and Arbitrumby Sam Kessler on October 6, 2022 at 8:50 pm
Lido's liquid staking token is coming to Ethereum's optimistic rollups.
- Atlantic Council Director Sees 'Splintering' Financial System if US Falls Behind on CBDCsby Fran Velasquez on October 6, 2022 at 8:45 pm
Josh Lipsky, senior director of the Atlantic Council, joined “First Mover,” to discuss what role the U.S. could play in the development of a CBDC and what could eventually happen to the U.S. dollar.
- Decentralized Social Network's DeSo Token Rallies Amid Stablecoin Plansby Danny Nelson on October 6, 2022 at 7:15 pm
- Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Riseby Aoyon Ashraf on October 6, 2022 at 6:27 pm
Miners with higher cost and large debt load will be weeded out by the crypto winter, according to industry experts.
- CFTC’s Regulation by Enforcement Needs to Change, Commissioner Saysby Fran Velasquez on October 6, 2022 at 5:58 pm
Commodity Futures Trading Commissioner Summer K. Mersinger, joined CoinDesk TV’s “First Mover,” to discuss the implications of enforcement by regulation and why it could be setting a “dangerous” precedent.
- Crypto Exchange Crypto.com’s Downsizing Larger Than Previously Reported: Ad Ageby Cameron Thompson on October 6, 2022 at 5:15 pm
In addition to job cuts of as much as 40% of staff, the company has also been pulling back from marketing deals, according to the story.
