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

Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests

Bitcoin’s relative strength index has dropped well below 30 to its strongest oversold reading since March 2020.

Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains

The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.

Shiba Inu Plans Shibarium’s Public Restart Days After Botched Launch

Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand.

Thailand Warns Meta to Rein In Crypto Scams or Face Expulsion

A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes.

Prosecutors, Sam Bankman-Fried File Proposed Jury Instructions for Trial

The FTX founder’s lawyers are suggesting Bankman-Fried acted in good faith, with a trial set for October.

By Nikhilesh DeJack Schickler

Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market

The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.

Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday.

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Discovery

CoinDesk Podcast Network

Friend.tech Becomes Massive Ether Money Machine; Mark Cuban Slams OpenSea’s NFT Royalty Policy Change

The most valuable crypto stories for Monday, August 21, 2023.

Aug 21, 2023

CoinDesk’s Money Reimagined

Empowering Tomorrow’s Internet | Decentralized Storage and AI in a Changing Data Landscape With Frank McCourt

A short tease of an upcoming new book that explores the evolution of decentralized storage and its potential to rectify Web2’s injustices as AI’s rise and data proliferation underscore the urgency for change.

Aug 17, 2023

Consensus Magazine

The End of the End of Crypto

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

Aug 16, 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

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

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

XRP, ADA Post Highest Losses Among Majors; Bitcoin Steady as ‘Buy the Dip’ Mentions Fade

Aug 22, 2023

Bitcoin Held Steady Above $26K Over Weekend; XRP, LTC Buck Market Trend

Aug 21, 2023

XRP, ADA Post Highest Losses Among Majors; Bitcoin Steady as ‘Buy the Dip’ Mentions Fade

Bitcoin and ether held steady over the past 24 hours, data from CoinGecko shows, with few fundamental catalysts to lift markets.

Aug 22, 2023

Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll

The number of employees losing their jobs is 71 out of some 590.

Aug 22, 2023

Shiba Inu Plans Shibarium’s Public Restart Days After Botched Launch

Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand.

Aug 22, 2023

Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market

Aug 21, 2023

Policy

Policy

Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai

The company can now offer its full range of digital asset custody services to clients in the emirate, including institutional staking and collateral management.

Aug 22, 2023

Policy

Thailand Warns Meta to Rein In Crypto Scams or Face Expulsion

A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes.

Aug 22, 2023

Policy

Prosecutors, Sam Bankman-Fried File Proposed Jury Instructions for Trial

The FTX founder’s lawyers are suggesting Bankman-Fried acted in good faith, with a trial set for October.

Aug 21, 2023

Policy

Bitcoin Developers Push Back Against Craig Wright’s Claim to Billions of Dollars in Bitcoin

The group alleged in a new legal filing that Wright’s company Tulip Trading never owned the more than 100,000 bitcoin it sought to reclaim with their help.

Aug 21, 2023

Policy

Sam Bankman-Fried Due Back in Court as He Asks for Daily Releases

The FTX founder will be arraigned on Tuesday. Last week, his attorneys asked that he be allowed to review defense filings at a federal prosecutor’s office every weekday.

Aug 21, 2023

Policy

Crypto Exchange Bitget to Tighten ID Requirements as Regulators Cite Fraud Concerns

Existing customers have until Oct. 1 to complete the process, after which time they will only be able to withdraw, cancel orders or close trading positions.

Aug 21, 2023

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