CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

By coindesk.com August 03, 2023 In Bitcoin, Blockchain, Curve DAO Token, Dogecoin, Ethereum, Litecoin, MetaMask, Mining, Ripple

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

Litecoin halving (photo by davisuko on Unsplash)

Litecoin Undergoes Third ‘Halving,’ in Milestone for 12-Year-Old Blockchain

The blockchain’s “halving,” where the pace of new issuance of cryptocurrency gets cut in half every four years, took place Wednesday, when it reached data block 2,520,000.

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Ethereum Juggernaut MetaMask’s Origin Story Challenged in New Lawsuit

Joel Dietz alleges Consensys never credited him for sparking the idea for MetaMask, the most important Ethereum wallet.

DeFi Protocol Abracadabra Wants to Charge 200% Interest on Curve Founder’s $18M Loan

All proceeds from such a strategy would be kept in Abracadabra’s treasury and be used to reduce the DAO risk associated with CRV’s liquidity conditions.

Aug 2, 2023 at 1:04 p.m. UTC

CRV Gets Plunge Protection on Binance as Market Makers Add Bid-Side Liquidity

Market makers moved to arrest the slide in Curve’s CRV following last weekend’s attack against the decentralized exchange.

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Race for Ether Futures ETFs Kicks Off With 6 Firms Filing SEC Applications

Volatility Shares, Bitwise, VanEck, Roundhill, ProShares and Grayscale have filed applications with the SEC for Ether ETFs.

Coinbase Analysts Optimistic Ahead of Q2 Earnings, but Warn About USDC Risks and Lower Trading Volumes

The crypto exchange reports earnings for the second quarter of 2023 after the market closes on Thursday.

Litecoin Halving Unlikely to Drive Immediate Price Gains, Past Data Show

Litecoin’s blockchain will cut the per-block reward to 6.25 LTC from 12.5 LTC.

Aug 2, 2023 at 8:55 a.m. UTC

The cloud service joins Deutsche Telekom and other ecosystem contributors participating in validating the Celo platform.

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Tron Founder Justin Sun Steps in to Help Curve; Crypto Payment Adoption Rivalry Heats Up With ‘X’ Rebrand

The most valuable crypto stories for Tuesday, August 1, 2023.

Aug 1, 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

Gideon Powell, who runs the family business Cholla Mining, sees bitcoin miners as modern day wildcatters. (Gideon Powell)Consensus Magazine

‘We’re Compute Cowboys’: Gideon Powell on the Pioneer Spirit Driving Bitcoin Mining

An interview with the CEO of Cholla Inc., an oil & gas exploration company that’s investing in bitcoin mining.

Jul 28, 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

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

Trending in Crypto

Talk about throwing the DOGE a bone. The Litecoin blockchain provides security for Dogecoin. (Minh Pham/Unsplash)

Why You Should Care About Litecoin: It’s the Backbone of Dogecoin

Aug 2, 2023

First Mover Americas: Race for Ether ETFs Kicks Off With 6 Asset Managers Filing

Aug 2, 2023

A new arcade game on the Bitcoin blockchain is offering payouts for gamers. (Jose Gil/Unsplash) Bitcoin Lightning could be coming to Coinbase, CEO Armstrong said. (Coinbase) Bitcoin monthly chart. (CoinDesk Indices)

First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade

Aug 2, 2023

MicroStrategy Chairman Michael Saylor (Getty Images) With blockchain halvings, sometimes less is more. (Unsplash) CRV's 2% bid-side market depth (Curve)

CRV Gets Plunge Protection on Binance as Market Makers Add Bid-Side Liquidity

Market makers moved to arrest the slide in Curve’s CRV following last weekend’s attack against the decentralized exchange.

Aug 2, 2023

First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade

Aug 2, 2023

Joel Dietz

Ethereum Juggernaut MetaMask’s Origin Story Challenged in New Lawsuit

Joel Dietz alleges Consensys never credited him for sparking the idea for MetaMask, the most important Ethereum wallet.

Aug 2, 2023

DeFi Protocol Abracadabra Wants to Charge 200% Interest on Curve Founder’s $18M Loan

Aug 2, 2023

Coinbase Analysts Optimistic Ahead of Q2 Earnings, but Warn About USDC Risks and Lower Trading Volumes

Aug 2, 2023

Talk about throwing the DOGE a bone. The Litecoin blockchain provides security for Dogecoin. (Minh Pham/Unsplash)

Why You Should Care About Litecoin: It’s the Backbone of Dogecoin

Litecoin, a blockchain cloned from Bitcoin in 2011 that underwent a key milestone on Wednesday known as a “halving,” provides network security to Dogecoin via a process called “merged mining.” Dogecoin is a frequent social-media topic for Tesla CEO Elon Musk.

Aug 2, 2023

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Joel Dietz

Finance

Ethereum Juggernaut MetaMask’s Origin Story Challenged in New Lawsuit

Joel Dietz alleges Consensys never credited him for sparking the idea for MetaMask, the most important Ethereum wallet.

Aug 2, 2023

Photo of the SEC logo on a building wall

Policy

Race for Ether Futures ETFs Kicks Off With 6 Firms Filing SEC Applications

Volatility Shares, Bitwise, VanEck, Roundhill, ProShares and Grayscale have filed applications with the SEC for Ether ETFs.

Aug 2, 2023

Nairobi, Kenya (Amani Nation/Unsplash)

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Kenyan Government Suspends Worldcoin Activity on Financial Security, Privacy Concerns

Kenya is the first country to fully suspend Worldcoin operations. Data protection offices in Europe have started investigations.

Aug 2, 2023

(Bruno Bleu/Shutterstock)

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Crypto Custodian Hex Trust Expands European Foray With Registration in France

The registration, which follows last year’s approval in Italy, is “a significant milestone” for its European expansion plans, Hex Trust said.

Aug 2, 2023

(L-R) Shaktikanta Das, Governor, Reserve Bank of India and Nirmala Sitharaman, Indian Finance Minister at the G20 Annual Meetings, in October 2022. (Indian Ministry of Finance)

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G20 President India Publishes Its Input for Framing Global Crypto Rules

India’s presidency note on crypto is an effort to have its suggestions included in the framing of global crypto rules.

Aug 2, 2023

Sam Bankman-Fried (right) exits a Manhattan courtroom on July 26, 2023. (Nikhilesh De/CoinDesk)

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U.S. DOJ Has ‘Extremely Thin’ Basis for Jailing FTX’s Bankman-Fried Ahead of Trial: Defense

Prosecutors moved to revoke Sam Bankman-Fried’s bond release, alleging his sharing Caroline Ellison’s diary with the New York Times amounts to witness tampering.

Aug 2, 2023

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