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How PayPal Upended the Crypto Debate in Washington D.C.

Democratic policymakers are rethinking their stance on stablecoins in the wake of the fintech giant’s PYUSD announcement, says John Rizzo. Here’s why.

Bitcoin Slips to $29K, but Fundstrat’s Tom Lee Sees $150K on ETF Approval

Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.

Creating a Sustainable Blockchain Ecosystem with Public Good Staking

Sponsored by Dora Factory

Aug 10, 2023 at 9:58 a.m. PDT

Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth

The much-awaited Shibarium network saw over 21 million wallets created during its testnet and is expected to position Shiba Inu as a serious DeFi contender.

Trump Owns Even More Crypto Than First Known, New Documents Show

The former U.S. president currently holds $2.8 million in ETH after debuting an NFT collection last year, fresh disclosures reveal.

Sei, Blockchain Designed for Trading, Goes Live but ‘Frustration’ Mounts Over Airdrop

The buzzy blockchain project’s SEI token saw a flurry of trading as it debuted on several crypto exchanges, but there was much confusion over the status of a promised token “airdrop” to early adopters of the network.

The End of the End of Crypto

Market sentiment is improving. And even the New York Times is fair-minded.

Aug 16, 2023 at 9:17 a.m. PDT

The approval makes Coinbase the first crypto-first platform to offer regulated and leveraged crypto futures alongside alongside traditional spot trading

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Discovery

CoinDesk Podcast Network

Bankrupt Crypto Lender Celsius Reportedly Wants to Poll Customers; Coinbase’s International Push

The most valuable crypto stories for Tuesday, August 15, 2023.

Aug 15, 2023

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

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

Wrapping Up Consensus 2023

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

May 4, 2023 at 2:39 p.m. PDT

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

Trending in Crypto

Bitcoin Slips to $29K, but Fundstrat’s Tom Lee Sees $150K on ETF Approval

Aug 16, 2023

Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150

Aug 15, 2023

Crypto Update | Europe’s First Spot Bitcoin ETF Opens in Holland

Aug 15, 2023

Disappearance of $900K Puts Focus on Vintage Bitcoin Project Libbitcoin

Aug 14, 2023

First Mover Asia: Bitcoin Steady Below $30K as SBF Goes Back to Jail

Aug 13, 2023

Trump Owns Even More Crypto Than First Known, New Documents Show

The former U.S. president currently holds $2.8 million in ETH after debuting an NFT collection last year, fresh disclosures reveal.

Aug 16, 2023

Bitcoin Slips to $29K, but Fundstrat’s Tom Lee Sees $150K on ETF Approval

Aug 16, 2023

PayPal to Stop Crypto Purchases in UK Until 2024

The company said the pause is due to the UK’s financial regulator’s upcoming stricter rules for crypto advertising, which will come into effect September 1.

Aug 16, 2023

BitGo Raises $100M After Scrapping Prime Trust Deal: Bloomberg

Aug 16, 2023

SHIB Plunges 9% on Apparent Shibarium Bridge Issues

An important tool for the new layer 2 service went live on Wednesday to a turbulent start.

Aug 16, 2023

Policy

Policy

3AC Founders’ OPNX Fined $2.7M by Dubai Crypto Regulator

The exchange co-founded by Kyle Davies, Su Zhu and Mark Lamb was formally reprimanded by the Virtual Assets Regulatory Authority (VARA) in May.

Aug 16, 2023

Finance

Coinbase Finally Wins Approval to List Crypto Futures in U.S.

The approval makes Coinbase the first crypto-first platform to offer regulated and leveraged crypto futures alongside alongside traditional spot trading

Aug 16, 2023

Policy

Crypto Mining Gets Its Own Lobbying Voice in Washington

Digital miners are creating the Digital Energy Council to advocate for their interests among politicians.

Aug 15, 2023

Policy

Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval

Patrick McHenry, the chairman of the House Financial Services Committee, rounded up all of his panel’s Republicans to question the SEC and FINRA about the company’s unique status.

Aug 15, 2023

Policy

FDIC Crypto Warning Underlines U.S. Banking Agencies’ Arm’s-Length Policy

The Federal Deposit Insurance Corp. formally added crypto to its annual report on risks facing U.S. banks and says it’s set for “robust” talks about digital assets with bankers.

Aug 15, 2023

Policy

G20 Set to Crystalize Global Crypto Rules as India Wraps Up Presidency

G20 nations, supported by the FSB and IMF under India’s presidency, are set to bring into implementation perhaps the first global crypto regulations ahead of the Leaders’ Summit in September.

Aug 15, 2023

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