CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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

Sam Bankman-Fried Pleads Not Guilty to Latest Indictment

Bankman-Fried’s attorney later deplored Bankman-Fried’s lack of vegan options in prison, saying he was “subsisting on a diet of bread and water” during the hearing.

BNB Token Stumbles to 1-Year Low Amid Mounting Scrutiny Over Binance

Formerly known as Binance Coin, BNB sunk to as low as $204, its weakest level since late June 2022.

Binance Needs to Get Off Twitter

Until the world’s largest crypto exchange gets better at corporate communications, it’s just FUDing itself.

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.

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.

Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second

Average daily TPS on Base has risen by 156% in the past week.

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.

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Discovery

CoinDesk Podcast Network

Binance’s Reported Russia Risk; Coinbase Squares Circle

The most valuable crypto stories for Tuesday, August 22, 2023.

Aug 22, 2023

Consensus Magazine

Meet Botto, the AI-Artist That Mints Its Own NFTs

Botto is part AI, part human community, part DAO, and part experiment on the way to artistic singularity. Jeff Wilser meets its creator, Mario Klingemann.

Aug 22, 2023

Consensus Magazine

PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits

While it seems positive for crypto, the PYUSD stablecoin will benefit PayPal’s own coffers most of all.

Aug 9, 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

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

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

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

Balancer Depositors Pull Nearly $100M in Crypto After Vulnerability Warning

“People are withdrawing fast,” said pseudonymous contributor Xeonus.

Aug 22, 2023

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

Aug 22, 2023

Crypto Exchange EDX Markets Taps Anchorage as Custody Provider

The exchange, which is backed by several Wall Street firms, differs from its peers because it doesn’t hold customers’ digital assets.

Aug 22, 2023

Starkware to Open-Source ‘Magic Wand’ of Its Zero-Knowledge Cryptography Next Week

The team behind the layer 2 Starknet blockchain said that they will also hold a code review on Aug. 31 at a conference in San Francisco.

Aug 22, 2023

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

Aug 21, 2023

Policy

Policy

Privacy Mixer Tornado Cash Is an Entity, Judge Says

We have yet another court ruling finding a decentralized autonomous organization is an association.

Aug 22, 2023

Policy

Sam Bankman-Fried Pleads Not Guilty to Latest Indictment

Bankman-Fried’s attorney later deplored Bankman-Fried’s lack of vegan options in prison, saying he was “subsisting on a diet of bread and water” during the hearing.

Aug 22, 2023

Policy

Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says

Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said.

Aug 22, 2023

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

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