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.
"All About Bitcoin" dives into today's top stories affecting crypto markets, including the U.S. Treasury's decision to ban Tornado Cash, claiming the mixing service facilitates money laundering and cyber crime. Ari Redbord, Head of Legal and Government Affairs at TRM Labs, discusses the ban and how it could impact crypto markets. Also, BTIG Managing Director Mark Palmer shares his bitcoin outlook and takeaways from Galaxy Digital's Q2 earnings report.
Ether's Deepest 'Backwardation' Since 2020 Crash Shows Traders Prepping for Ethereum PoW Split
Traders buy ETH in the spot market and sell ether futures to withstand volatility, creating backwardation.
US Secretary of State Tweets, Deletes Claim That Crypto Mixer Tornado Cash Is North Korea-Sponsored
U S Secretary of State Antony Blinken raised eyebrows Monday when he tweeted that the U S Treasury Department had sanctioned virtual currency mixer Tornado Cash which is a U S sanctioned DPRK state sponsored hacking group used by the DPRK to launder money One hour and three minutes later the tweet had been deleted [...]
US Government Amps Up Inevitable Clash With Crypto Privacy in Tornado Cash Blacklisting
The Treasury Department says Tornado Cash abetted $7 billion of money laundering, but that’s not likely to quiet crypto enthusiasts as they fight to stay anonymous.
- For the Fans: How DAOs Could Change Sports
- Two Soccer Teams Transfer a South American Player Using USDC, But There’s Collateral Damage
- 10 Crypto Sports All-Stars
- Why Athletes Are Taking Compensation in Bitcoin
- Introducing CoinDesk's Sports Week
- Micah Johnson: From MLB to NFT Superstar
- ‘My Bet Is on Bitcoin,’ Pro Soccer Player Says
- Building a Sports DAO: 4 Lessons From LinksDAO
- How the Golden State Warriors Gamified Fandom With NFTs
- DeShone Kizer: From NFL Star to NFT Trailblazer
Crypto News Roundup for Aug. 8, 2022
With both BTC and ETH starting the day with gains over 5% while trading volumes suggest the rally may be short lived, plus a look at an interesting use case for stablecoins, CoinDesk’s “Markets Daily” is back with the latest news roundup.
How to Stop Forsage, Meta Force and Other Smart Contract Pyramid Schemes
An SEC indictment notwithstanding, it's not easy to taking down online pyramid schemes, says our columnist. Here are some ideas.
Complexity Theater: Why Luna Was the First Time DeFi Complexity Risk Was Transferred to Regular Investors
A reading of essays about complexity from Casa's Jameson Lopp and NLW.
Nominate Your School for the 2022 Best Universities for Blockchain
CoinDesk announces the kickoff of its 2022 Best Universities for Blockchain and calls for nominations around the world. We're giving away Consensus tickets to participating schools.
In Crypto Winter, Jesse Powell’s Pirate-King Leadership Style Might Be the New Normal
Less than 1% of employees have taken the CEO’s buyout offer since he laid down the law on culture. Is Kraken a “based” place to work, or just somewhere to ride out crypto winter?
Trending in Crypto
What Is the Definition of ‘Recession?’ And Does Bitcoin Care?
When it comes to bitcoin, the semantics of recession are of little importance.
SoftBank Reports Record Quarterly Loss
The decline was attributed to the global sell-off in tech stocks.
Iris Energy Turns On 41 Megawatts of Bitcoin Mining Machines Ahead of Schedule
The firm will be adding another 50MW by the end of next month, bringing its total hashrate to 3.7 EH/s.
WazirX Co-Founder Nischal Shetty Speaks Out on Spat With Binance CEO
Shetty said his team has been in discussions with Binance for several months to try and resolve the ownership issue.
After Countless Bungles, Compass Mining Tries to Change Course
The company that set out to make crypto mining available to retail investors has had to put out its own fires.