CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

By coindesk.com September 06, 2023 In Bitcoin, Blockchain, DAO, Ethereum, FTX, Grayscale Investments, Mining

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

Coinbase CEO Brian Armstrong (Coinbase)

Coinbase Creates New Crypto Lending Service Geared Toward Large Investors

Coinbase (COIN) raised $57 million for the platform as of Sept. 1, according to an SEC filing.

Sep 5, 2023 at 8:34 p.m. UTC

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Sam Bankman-Fried’s Laptop Has a New Battery Now, DOJ Says

A joint letter filed Tuesday details the amount of access the FTX founder has to discovery material.

By Nikhilesh De

Sep 5, 2023 at 11:20 p.m. UTC

SEC Has ‘No Grounds’ to Reject Bitcoin ETF Conversion, Grayscale Says

The SEC was last week ordered to review its prior rejection of the conversion of the Grayscale Bitcoin Trust (GBTC), though not necessarily to approve it.

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By Jamie Crawley

Sep 5, 2023 at 8:57 p.m. UTC

SOMA Finance to Issue the First Retail Compliant Digital Security

The SOMA token will be a non-cumulative, participating preferred stock of SOMA.finance and will pay a dividend of up to 10% of profits.

By Will Canny

Sep 6, 2023 at 8:06 a.m. UTC

‘Ethereum Supreme Court’ Mooted by Blockchain Executive as Alternative to ‘Code Is Law’

A proposal from Matter Labs co-founder Alex Gluchowski would see a “hierarchical system of on-chain courts” arbitrate on-chain disputes.

Sep 5, 2023 at 7:41 p.m. UTC

Genesis to Shutter Crypto Trading Desk for U.S. Market

The subsidiary had escaped parent company Genesis Global’s lending-induced bankruptcy.

Sep 5, 2023 at 4:27 p.m. UTC

Visa Taps Solana and USDC Stablecoin to Boost Cross-Border Payments

The company said it is one of the first major payment institutions to use directly the Solana network for settlements.

By Krisztian Sandor

Sep 5, 2023 at 2:55 p.m. UTC

“This is exactly what apathy looks like,” said one crypto analyst.

By Stephen Alpher

Sep 5, 2023 at 3:41 p.m. UTC

Chevrone Right IconChevrone Right Icon

Discovery

Money Reimagined 1:1

CoinDesk’s Money Reimagined

U.S. Court Challenges SEC, Fuels Financial Evolution & FX Market’s Next Phase

A game-changing decision opens the door for a spot bitcoin ETF, echoing Canada’s forward strides and a dive into the FX market’s efficient core, the rise of stablecoins, and the potential for global financial democratization.

Aug 30, 2023

Technology

Protocol Village: Story Protocol, for Tracking Intellectual Property, Says Q3 Fundraising Brings Total to $54M

The latest in blockchain tech upgrades, funding announcements and deals.

Sep 6, 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

PayPal's crypto lead Jose Fernandez da Ponte says PayPal's new stablecoin, PYUSD, is "an extension of the PayPal balance." Does that include PayPal's interest revenue? (CoinDesk/Helene Braun)

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

A cardboard cutout of Tron founder Justin Sun (Danny Nelson/CoinDesk)Consensus Magazine

RETRACTION: Opinion Article on Justin Sun

An pseudonymously written opinion piece containing a personal attack against Tron CEO Justin Sun never should have been published.

Aug 25, 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

Edward Snowden: Researchers Should Train AI to Be ‘Better Than Us’

Apr 28, 2023 at 10:52 p.m. UTC

5 Consensus 2023 Takeaways

Apr 28, 2023 at 9:57 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

Protocol Village: Story Protocol, for Tracking Intellectual Property, Says Q3 Fundraising Brings Total to $54M

Sep 6, 2023

Bitcoin plumbs multi-month lows (Adam Nowakowski/Unsplash)

Bitcoin Plumbs 6-Month Low Near $25K and Higher Oil Prices Suggest Further Pressure

Sep 5, 2023

Sep 5, 2023

Top crypto exchanges: monthly derivatives volume trends (Coingecko, Deribit)

Sep 5, 2023

The stochastic indicator is signaling a loss of upward momentum. (mark1657/Pixabay)

Bitcoin Bulls Face Setback as Monthly Stochastic Indicator Turns Lower: Analyst

Sep 5, 2023

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Sep 4, 2023

Timeline for crypto-related ETFs in October (Bloomberg/K33 Research)

Buy Ether Instead of Bitcoin to Ride ETF Momentum, Crypto Research Firm Says

There’s a high probability of approval on or before the SEC’s final deadline in mid-October for a decision on the first ether futures ETF in the U.S.

Sep 5, 2023

Sep 5, 2023

SOMA Finance to issue compliant security token (Pixabay)

SOMA Finance to Issue the First Retail Compliant Digital Security

The SOMA token will be a non-cumulative, participating preferred stock of SOMA.finance and will pay a dividend of up to 10% of profits.

Sep 6, 2023

Anoma Foundation plans privacy-focused blockchain (Nghia Do Thanh/Unsplash)

Anoma Foundation Plans Native Blockchain for Privacy-Focused Namada Protocol

The mainnet joins the ranks of at least 50 other blockchains in the crypto ecosystem as of Tuesday.

Sep 6, 2023

Protocol Village: Story Protocol, for Tracking Intellectual Property, Says Q3 Fundraising Brings Total to $54M

Sep 6, 2023

Policy

Sam Bankman-Fried outside court in July 2023. (Nikhilesh De/CoinDesk)

Policy

Sam Bankman-Fried’s Laptop Has a New Battery Now, DOJ Says

A joint letter filed Tuesday details the amount of access the FTX founder has to discovery material.

Sep 5, 2023

(Mark Van Scyoc/Shutterstock)

Policy

SEC Has ‘No Grounds’ to Reject Bitcoin ETF Conversion, Grayscale Says

The SEC was last week ordered to review its prior rejection of the conversion of the Grayscale Bitcoin Trust (GBTC), though not necessarily to approve it.

Sep 5, 2023

Policy

Global Standard Setters to Deliver Global Crypto Policy Roadmap

The Financial Stability Board and the International Monetary Fund are set to deliver a paper calling for global coordination on crypto policy at this weekend’s G20 summit.

Sep 5, 2023

Policy

Singapore’s New President, a Former Central Bank Chairman, Has Called Crypto ‘Slightly Crazy’

The 66-year-old garnered more than 70% of the vote to take over a largely ceremonial role.

Sep 4, 2023

Parliament house, Canberra. (Unsplash)

Policy

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

Bragg said the Labor government had put regulating crypto in the slow lane.

Sep 4, 2023

Policy

Larry David’s Super Bowl Ad Casts Doubt on FTX.US Separation, DOJ Says

Sam Bankman-Fried says the FTX exchange’s bankruptcy isn’t relevant ahead of his October fraud trial.

Sep 4, 2023

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