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Wrapping Up Consensus 2023
Missed Consensus 2023? Catch up on some of the most important conversations here.
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Sponsored
May 4, 2023 at 9:39 p.m. UTC
May 4, 2023
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.
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Larry David’s Superbowl 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.
LSE Group Plans to Offer Blockchain-Powered Market for Traditional Assets: Report
The London Stock Exchange (LSE) is considering using a separate entity for the blockchain-based markets business, according to the Financial Times.
Grayscale's Legal Win Versus SEC Makes Spot Bitcoin ETF Approval More Likely: JPMorgan
For the SEC to defend its denial of Grayscale’s proposal to convert GBTC into an ETF, it would have to withdraw its previous approval of futures-based bitcoin ETFs, which is unlikely, the report said.
Binance's Head of Product Departs as Executive Exodus Gathers Steam
Mayur Kamat's departure follows those of Chief Strategy Officer Patrick Hillmann, Senior Director of Investigations Matthew Price, SVP for Compliance Steven Christie and Asia-Pacific Head Leon Foong.
Bitcoin's Use as Margin Collateral in Crypto Futures Trading Is Growing
Using BTC as collateral for a derivative is effectively a double whammy, according to analysts.
Bitcoin Slides Under $26K, Majors SOL, XRP, DOGE Erase All Weekly Gains
Only tron (TRX) and toncoin (TON) were in the green on Friday, up over 1% each on no immediate catalysts.
Robinhood to Buy Back Sam Bankman-Fried's Stake for $605.7M
The 55 million HOOD shares were owned by Sam Bankman-Fried and fellow FTX co-founder Gary Wang through Emergent Fidelity Technologies
Live Wire
27m ago
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Mining Week 2023
An in-depth look into the latest advancements and current challenges in crypto and bitcoin mining, sponsored by Foundry
- Amid Sanctions, Bitcoin Mining Machines Are ‘Flowing’ Into Russia, as Industry Thrives
- ‘We’re Compute Cowboys’: Gideon Powell on the Pioneer Spirit Driving Bitcoin Mining
- Want to Mine Bitcoin at Home? DIY Bitcoiners Have Stories to Share
- Bitcoin Mining Computing Power May Drop as Much as 30% After Halving: Experts
- Bitcoin Mining Machine Efficiency Doubled in Five Years
- Bitcoin Miners Buy Up Rigs as Prices Near All-Time Lows
- Public Mining Companies Offer Better-Than-Bitcoin Price Exposure in 2023
- Bitcoin Halving Is Coming and Only the Most Efficient Miners Will Survive
- Through It All, the Bitcoin Mining Industry Looks Set for Growth
- Riot Platforms at the Heart of Texas' Debate Over Bitcoin Mining’s Effect on the Grid
Discovery
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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.
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Protocol Village: Stroom, Staking Protocol on Bitcoin's Lightning Network, Raises $3.5M
The latest in blockchain tech upgrades and funding announcements.
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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.
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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.
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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.
Consensus 2023 Coverage
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Edward Snowden: Researchers Should Train AI to Be ‘Better Than Us’
The former NSA whistleblower shared his hopes that AI’s intelligence could exceed that of humans and ultimately benefit humanity, despite fears the technology could be co-opted by bad actors.
Sponsored
Apr 28, 2023 at 10:52 p.m. UTC
Apr 28, 2023
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5 Consensus 2023 Takeaways
CoinDesk editorial team members convened to share their insights on the pivotal topics that will influence the future direction of the crypto industry.
Sponsored
Apr 28, 2023 at 9:57 p.m. UTC
Apr 28, 2023
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U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry
Rep. Patrick McHenry said the House Financial Services Committee and the Agriculture panel will meet jointly in May as they work on crypto legislation.
Sponsored
Apr 28, 2023 at 10:32 p.m. UTC
Apr 28, 2023
Trending in Crypto
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Markets
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Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein
The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said.
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Finance
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Synthetix Posts 12.5% Gain Amid Binance Outflows, Bucks Bearish Bitcoin Trend
One newly-created wallet withdrew $7.7 million of SNX and $3.9 million of LPT to prompt the tokens to surge.
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Technology
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MakerDAO Should Use Solana’s Code to Build Its New Blockchain, Co-Founder Says
Some community members have already pushed back against the idea.
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Policy
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Larry David’s Superbowl 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.
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SEC Hasn't Met Requirements to Argue for an Appeal, Ripple Says
Ripple opposed the SEC motion to try and appeal a federal judge's ruling in its case against the crypto company from July.
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Robinhood to Buy Back Sam Bankman-Fried's Stake for $605.7M
The 55 million HOOD shares were owned by Sam Bankman-Fried and fellow FTX co-founder Gary Wang through Emergent Fidelity Technologies
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Creditors Accuse Genesis of Ballot-Stuffing Over $175M FTX Deal
Genesis is facing headwinds as it seeks to finalize its wind-up after a January bankruptcy – and is now being accused by Gemini and other creditors of voter “manipulation.”
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OKX Planning Web3 Foray Into India, Chief Marketing Officer Says
OKX plans to scale up its wallet services "exponentially" by tapping into India's much-talked-about developer community.
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SEC Delays Spot Bitcoin ETF Decision for All Applicants Including BlackRock, Fidelity
The regulator has now announced delays for all six of the new ETF applications.