CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite
The NFT lending platform BendDAO has collateralized almost 3% of the entire Bored Ape collection, and many NFTs have recently entered the “danger zone” of liquidation.
Market Wrap: Bitcoin’s Price Plummets on Global Inflation Concerns
The decline in crypto prices appears to be linked to poor inflation data in Germany Bitcoin BTC sold off sharply in Friday trading and was recently trading below 21 500 down more than 8 over the last 24 hours The largest cryptocurrency by market capitalization is down 13 for the week The decline started during [...]
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FDIC Orders Crypto Exchange FTX US, 4 Others to Cease 'Misleading' Claims
The FDIC published five cease-and-desist orders Friday, including to FTX.US, alleging they mislead investors by suggesting they had coverage from the deposit insurance provider.
Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors.
Live Wire
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Discovery
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Tell Us What You Know About Crypto and Blockchain Education
For CoinDesk's Best Universities for Blockchain ranking in September, we are seeking opinions and recommendations from professionals, academics and students in the industry. Tell us what you think.
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A Food Crisis on the Horizon?
Fallout from Russia’s invasion of Ukraine is just one of the factors pointing in the direction of greater food insecurity.
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Crypto News Roundup for Aug. 19, 2022
With bitcoin and much of the crypto market dropping with traditional stocks, plus a look at what some developers mean by the “New Age” of DeFi, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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Coinbase Could Shut Down ETH Staking Under Regulatory Pressure, and Dapper Labs Reveals NFT Platform for NFL
The most valuable crypto stories for Thursday, Aug. 18, 2022.
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NFTs on Instagram: How to Show Off Your Digital Collectibles
Instagram’s NFT integration allows select users to share their digital collectibles and verify ownership.
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Who You Really Are: A Conversation About Pseudonymity With Default Friend at Consensus
The internet phenomenon and historian talks to CoinDesk at Consensus.
Trending in Crypto
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Markets
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Market Wrap: Bitcoin’s Price Plummets on Global Inflation Concerns
The decline in crypto prices appears to be linked to poor inflation data in Germany Bitcoin BTC sold off sharply in Friday trading and was recently trading below 21 500 down more than 8 over the last 24 hours The largest cryptocurrency by market capitalization is down 13 for the week The decline started during [...]
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Business
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Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite
The NFT lending platform BendDAO has collateralized almost 3% of the entire Bored Ape collection, and many NFTs have recently entered the “danger zone” of liquidation.
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Bankrupt Crypto Lender Celsius Now Says It Likely Has Enough Cash to Last Through End of Year
The company’s CFO testified the company will receive additional funds in maturing loans and sales and use tax savings in a bankruptcy hearing with creditors.
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HUSD Stablecoin Returns to $1 Peg After Liquidity Problems
The HUSD stablecoin, which is issued by Stable Universal, has returned to its $1 peg after suffering "liquidity problems" in relation to a closed market maker account.
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New Auditor for Stablecoin Issuer Tether Confirms Slashing of Commercial Paper Holdings
Stablecoin issuer Tether has cut its commercial paper exposure to $8.6 billion, with a reduction to $200 million on track by the end of the month.
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