CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

By coindesk.com August 11, 2023 In ATMs, Bitcoin, Blockchain, Cryptocurrencies, Gemini, Mining, The Sandbox, Tyler Winklevoss

Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.

Coinbase's new layer 2 network fell short of expectations on its first day. (Smith Collection/Gado/Getty Images)

Coinbase’s Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day

Nearly $166 million had already flowed to the blockchain ahead of the official launch.

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Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine

The bankrupt exchange faced charges of offering U.S. investors access to unregistered securities.

Financial Institutions in the Crypto Ecosystem: Opportunities and Risks

Sponsored by Ciphertrace, a Mastercard company

Jul 31, 2023 at 4:49 p.m. UTC

Bitcoin Rallies Keep Getting Quickly Sold — What’s Up?

The world’s largest cryptocurrency has lacked sustained momentum, as it sells off shortly after each attempted leg higher.

Aragon Mulled Sale of Crypto Project, Leaked Screenshot Shows

One of the biggest crypto projects building tools to support decentralized governance is trying to get out of its own governance pickle.

Digital Currency Group Files to Dismiss Crypto Exchange Gemini’s Fraud Claims

DCG called Gemini’s July complaint a continuation of a “public relations campaign” carried out by the exchange’s owners, Cameron and Tyler Winklevoss.

CEO of World’s Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation

Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors.

U.S. July CPI Matches Estimates With 0.2% Monthly Growth

The number may decrease the chance the Fed will raise rates next month, a potential catalyst for bitcoin.

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CoinDesk Podcast Network

SEC to Challenge XRP Ruling in Case Against Ripple; FTX Claps Back at Creditors

The most valuable crypto stories for Thursday, August 10, 2023.

Aug 10, 2023

paypal logo on a smartphone booting up the payments app (Marques Thomas/Unsplash, modified by CoinDesk)

Consensus Magazine

I Have 1M Questions About the PayPal Stablecoin. Here Are 5

The payments giant’s new stablecoin will compete with Tether’s and Circle’s coins, but it’s not breaking any new ground.

Aug 7, 2023

CoinDesk’s Money Reimagined

A possible ‘Crypto Twitter’ exit is likely as the algorithm changes with “forever” signups and Elon battles Mark over threads and data. Meanwhile, the FEDNow launches and the U.S. has achieved a historic moment with a bipartisan consensus on crypto regulation in the House…finally!

Aug 2, 2023

Consensus Magazine

Bitget Exchange Faces Lawsuit by Advisor of ReelStar Token Project After the Listing Goes Sour

Influencer Evan Luthra says the exchange froze his account and destroyed his advisory relationship. Bitget says Luthra was dumping the REELT token as he advised his followers to buy.

Aug 3, 2023

(Ryan Quintal/Unsplash, Modified by CoinDesk)

RWA Tokenization: What Does it Mean to Tokenize Real-World Assets?

Traditional finance giants are excited about the idea of putting ownership of assets like precious metals, art, homes and more on the blockchain.

Jul 25, 2023

Consensus Magazine

The Untold Story of Worldcoin’s Launch: Inside the Orb

Is Sam Altman’s UBI startup a smart countermeasure to AI, or a privacy nightmare? Jeff Wilser reports.

Jul 24, 2023

(Shutterstock/CoinDesk)

Wrapping Up Consensus 2023

Missed Consensus 2023? Catch up on some of the most important conversations here.

May 4, 2023 at 9:39 p.m. UTC

U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry

Apr 28, 2023 at 10:32 p.m. UTC

Trending in Crypto

Featured Story | Some Users May Want an ‘Everything App’, but What We Need Is Digital Sovereignty

Aug 10, 2023

Bitcoin's price will go up if the SEC approves spot bitcoin ETFs, Matrixport said. (Unsplash) Bitcoin wallet Xverse raises $5 million (Pixabay) Traders may want to look at more than just the CPI for clues about inflation. (Getty Images) (CoinDesk Indices) Coinbase CEO Brian Armstrong, now on cusp of realizing his "secret master plan" from 2016. (Coinbase) Bitcoin rallies are being quickly sold. (Unsplash/Kanchanara)

Bitcoin Rallies Keep Getting Quickly Sold — What’s Up?

The world’s largest cryptocurrency has lacked sustained momentum, as it sells off shortly after each attempted leg higher.

Aug 10, 2023

(The Sandbox)

Metaverse Platform Sandbox Transferred Out 60M SAND Ahead of Monday’s $133M Token Unlock

As the price of SAND slid 4% in August, the Sandbox Genesis smart contract had emitted 60 million SAND tokens prior to the upcoming token unlocked scheduled for Aug. 14.

Aug 10, 2023

Bitcoin Depot CEO Brandon Mintz (Bitcoin Depot)

CEO of World’s Largest Bitcoin ATM Operator Sees Industry Ripe for Consolidation

Brandon Mintz, CEO and founder of Bitcoin Depot, the world’s largest bitcoin ATM company, says his company, which currently has about 20% market share, is in a position to gobble up competitors.

Aug 10, 2023

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Bittrex crypto trading privacy coins

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Bittrex Reaches Settlement With SEC; Agrees to Pay $24M Fine

The bankrupt exchange faced charges of offering U.S. investors access to unregistered securities.

Aug 10, 2023

Argentina flag. (Unsplash)

Policy

Worldcoin Regulatory Scrutiny Grows as Argentina Opens Investigation

The investigation began after collecting numerous data in five major jurisdictions of the country, the Argentinian Agency for Access to Public Information said.

Aug 10, 2023

Digital Currency Group's Barry Silbert, right (Getty Images)

Finance

Digital Currency Group Files to Dismiss Crypto Exchange Gemini’s Fraud Claims

DCG called Gemini’s July complaint a continuation of a “public relations campaign” carried out by the exchange’s owners, Cameron and Tyler Winklevoss.

Aug 10, 2023

CoinDesk Indices

What in the World Is Going on With Crypto Regulation?

In years past, regulatory clarity has fueled crypto bull markets. While global strides in clear crypto regulations are evident, particularly in Hong Kong, EU and UK, the US lags, emphasizing the need for enhanced regulatory certainty in the industry’s advancement.

Aug 10, 2023

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Policy

UK Crypto Incentives Ban Could Drive Firms Out of Country, Lobbyists Say

Lobby group CryptoUK called for more clarity from the FCA on guidance for upcoming crypto ad rules.

Aug 10, 2023

Policy

FTX Fires Back at Creditors ‘Willing to Gamble Estate Assets on Higher Returns’

The committee of unsecured creditors had criticized the bankrupt estate’s reorganization plan submitted to a Delaware court in July.

Aug 10, 2023

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