CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

By coindesk.com August 02, 2023 In Bitcoin, Cryptocurrencies, DeFi, Ethereum, Frax, Mining, Ripple

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

Justin Sun (CoinDesk)

Crisis at DeFi Giant Curve Eases After Justin Sun and Others Step In With Help

Sun said a liquidity pool that utilizes tether stablecoins issued on the Tron network would “amplify user benefits,” pointing to saving a potentially bad loan.

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Ether Options Market Shows Bias for Price Weakness Over Next 6 Months

Ether’s price appears overvalued compared to Ethereum’s dwindling revenues, one analyst said.

First Mover Americas: Bitcoin Starts August in the Red After Losing Ground in July

The latest price moves in crypto markets in context for August 1, 2023.

By Lyllah LedesmaOmkar Godbole

Aug 1, 2023 at 12:25 p.m. UTC

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Curve Founder’s $168M Stash Is Under Stress, Creating a Risk for DeFi as a Whole

Curve CEO Michael Egorov pledged 34% of CRV’s total market cap to back loans across DeFi protocols. A forced liquidation would result in selling at a time when prices are already falling.

By Krisztian SandorSage D. YoungSam KesslerDaniel Kuhn

Jul 31, 2023 at 9:44 p.m. UTC

Bald Token Rugpull May Have Links to Sam Bankman-Fried’s Alameda, Data Shows

On-chain data shows bald’s deployer contract has interacted with Alameda-linked wallets and was an active DeFi participant in the early days.

By Sam ReynoldsShaurya Malwa

Curve Founder Deploys New Liquidity Pool to Address FRAX Debt Situation

Analysts said it is an attempt to incentivize liquidity to FraxLend’s pool from where Egorov has taken a loan of 15.8 million FRAX.

Binance Japan Starts Onboarding Users

Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.

Aug 1, 2023 at 10:02 a.m. UTC

U.S. SEC Sues Richard Heart, Hex, PulseChain on Unregistered Securities, Fraud Allegations

Heart raised over $1 billion across three different unregistered securities offerings, the SEC alleged.

Chevrone Right IconChevrone Right Icon(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

Discovery

The HASH Podcast Graphic

CoinDesk Podcast Network

Curve Finance Falls Victim to Latest DeFi Exploit; Coinbase CEO Addresses SEC’s Recent Moves

The most valuable crypto stories for Monday, July 31, 2023.

Jul 31, 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

Money Reimagined 1:1CoinDesk’s Money Reimagined

The ‘Perfect Storm’ of WorldCoin and Economic Empowerment Through Bitcoin Mining

A walk through the latest crypto news concerning privacy, security, and Elon’s “everything app” to what’s emerging in bitcoin mining that could be a game changer for lower socio-economic communities all while remaining eco-friendly.

Jul 26, 2023

AuthorJeff Wilser stares into the Orb. (Jeff Wilser/CoinDesk)

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

(Getty Images)

Understanding Ripple, XRP and the SEC Suit

We explain the difference and connections between Ripple and XRP and the history and the state of the SEC’s case against Ripple.

Mar 29, 2022

(Zircon Tech/Getty Images)Consensus Magazine

Tokenize Everything: Institutions Bet That Crypto’s Future Lies in the Real World

Long one of crypto’s big ideas, tokenization may finally be ready for prime-time. Wall Street is diving in, creating tokens for everything from buildings to gold bars. One advantage: relatively little regulatory scrutiny. Jeff Wilser reports.

Jul 18, 2023

Trending in Crypto

Bitcoin weekly chart. (CoinDesk Indices) Governor Ron DeSantis, who announced his presidential campaign on Twitter. (Florida State Government)

DeSantis Accuses Biden of ‘War on Bitcoin,’ Vows to Stop It if Elected President

Jul 31, 2023

Crypto Update | DeFi Exchange Curve Finance Exploit Leaves $100M of Cryptocurrency at Risk

Jul 31, 2023

Ryan Gosling and Margot Robbie attend the "Barbie" European Premiere on July 12, 2023 in London, England. (Samir Hussein/WireImage) (Kevin Ku/Unsplash)

First Mover Americas: Curve Finance Exploit Puts More Than $100M of Crypto at Risk

Jul 31, 2023

Bitcoin weekly chart. (CoinDesk Indices)

First Mover Asia: Bitcoin Climbs Back to $29.4K; Crypto’s Correlation With Tech May Return

Jul 31, 2023

Featured Story | Chainalysis Investigations Lead Is ‘Unaware’ of Scientific Evidence the Surveillance Software Works

Jul 30, 2023

Bull and bear (Getty Images)

Ether Options Market Shows Bias for Price Weakness Over Next 6 Months

Ether’s price appears overvalued compared to Ethereum’s dwindling revenues, one analyst said.

Aug 1, 2023

Laser Digital CEO Jez Mohideen

Nomura’s Crypto Arm Gains Operating License Approval in Dubai

Laser Digital will start its trading and asset management business in the coming months.

Aug 1, 2023

Justin Sun (CoinDesk)

Crisis at DeFi Giant Curve Eases After Justin Sun and Others Step In With Help

Sun said a liquidity pool that utilizes tether stablecoins issued on the Tron network would “amplify user benefits,” pointing to saving a potentially bad loan.

Aug 1, 2023

Aug 1, 2023

CoinDesk Turns 10

Kolin Burges confronts Mt. Gox CEO Mark Karpeles (CoinDesk)

CoinDesk Turns 10: The Legacy of Mt. Gox – Why Bitcoin’s Greatest Hack Still Matters

The fall of the Japanese exchange in 2014 caused 750,000 bitcoin to go missing, putting crypto’s future in doubt. The event reverberates to this day, says Jeff Wilser.

May 4, 2023 at 3:13 p.m. UTC

CoinDesk Turns 10 – 2020: The Rise of the Meme Economy

May 11, 2023 at 4:10 p.m. UTC

CoinDesk Turns 10: 2022 – How Crypto Gods Turn Into Monsters

Jun 1, 2023 at 5:27 p.m. UTC

CoinDesk at 10: The Ghost of Libra Lives On

May 25, 2023 at 8:36 p.m. UTC

Policy

Binance Japan users can access spot trading, earn products, and an NFT marketplace. (CoinDesk)

Policy

Binance Japan Starts Onboarding Users

Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.

Aug 1, 2023

The IRS has issued guidance on how it intends to tax crypto staking rewards. (Jesse Hamilton/CoinDesk)

Policy

IRS: Crypto Staking Rewards Taxable Once Investor Gets Hands on Tokens

The latest tax guidance from the Internal Revenue Service outlines how and when staking rewards are taxed.

Jul 31, 2023

Terra founder Do Kwon (Terra)

Policy

Judge Rejects Ripple Ruling Precedent in Denying Terraform Labs’ Motion to Dismiss SEC Lawsuit

Terraform Labs argued that there was no contract in the sale of UST to retail investors.

Jul 31, 2023

Governor Ron DeSantis, who announced his presidential campaign on Twitter. (Florida State Government)

Policy

DeSantis Accuses Biden of ‘War on Bitcoin,’ Vows to Stop It if Elected President

DeSantis is likely referring to the recent action by the Securities and Exchange Commission (SEC) against multiple crypto exchanges.

Jul 31, 2023

Richard Heart, creator of the Hex token and PulseChain platform, in a circa 2017 YouTube video. Heart has since transitioned from his once-trademark top hat to a somewhat flashier personal style. (Richard Heart/YouTube)

Policy

U.S. SEC Sues Richard Heart, Hex, PulseChain on Unregistered Securities, Fraud Allegations

Heart raised over $1 billion across three different unregistered securities offerings, the SEC alleged.

Jul 31, 2023

(Daniel Bernard/ Unsplash)

Policy

Bank of Korea to Exclude Seoul From CBDC Pilot Study Next Year: Report

Jeju, Busan and Incheon are in the running to be considered.

Jul 31, 2023

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