CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits
Michael Moro, the CEO of crypto broker Genesis has quit as the company cuts 20% of jobs.
US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawmaker Says
U.S. Sen. Pat Toomey said whistleblowers had informed him that the FDIC was pressuring banks to stop providing services to crypto companies.
Dogecoin Jumps as Dogechain Gains Traction Among Retail Crypto Traders
The Polygon-based Dogechain locks nearly $5 million in liquidity and is gaining prominence among retail crypto traders.
- 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
The Macroeconomic Signals Have Rarely Been This Confusing
Recession? Homebuilder sentiment is down for an eighth straight month, but some macro data is positive.
DCG Company Genesis Cuts 20% of Staff Amid Crypto Winter, and Colombia Explores CBDC to Combat Tax Evasion
The most valuable crypto stories for Wednesday, Aug. 17, 2022.
Crypto News Roundup for Aug. 17, 2022
With the majority of the upward price action coming from meme coins as bitcoin slides in sync with traditional markets, plus a look at why more people are getting paid in BTC, CoinDesk’s “Markets Daily” is back with its latest news roundup.
Who You Really Are: A Conversation About Pseudonymity With Default Friend at Consensus
The internet phenomenon and historian talks to CoinDesk at Consensus.
Master of Anons: How a Crypto Developer Faked a DeFi Ecosystem
The Macalinao brothers used a web of bogus identities to create the illusion of a dev community, juicing value on the Saber protocol and Solana blockchain. Now they're moving to Aptos.
Genesis Faces ‘Hundreds of Millions’ in Losses as 3AC Exposure Swamps Crypto Lenders: Sources
The DCG-owned trading colossus is said to have suffered nine-figure losses partly through exposure to Three Arrows Capital and Babel Finance.
Trending in Crypto
Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day
BTC prices continued to trade down but within a narrow trading range Bitcoin BTC fell 2 on Tuesday its fourth consecutive daily decline The largest cryptocurrency by market capitalization has dropped 6 since crossing 25 000 briefly on Aug 14 Ether’s ETH price also tumbled for a fourth consecutive day dropping 1 2 over the [...]
Canadian Pension Giant Caisse Writes Off $150M Bet on Bankrupt Crypto Lender Celsius
Quebec-based Caisse said Wednesday it had acted "too soon" in entering the sector.
Crypto Investing Giant Paradigm Leads $20M Round for Fractional NFT Protocol
Fractional, which allows for collective non-fungible token ownership, is rebranding as Tessera.
Token Front-Running Was Common at Coinbase Crypto Exchange, a New Study Argues
Researchers at the University of Technology Sydney estimate that insider trading occurred on 10% to 25% of new crypto listings at Coinbase between September 2018 and May 2022, generating at least $1.5 million in profits for whomever was behind the transactions.
Coinbase Will Be ‘Meaningful’ Beneficiary of Ethereum Merge, JPMorgan Says
Coinbase's staking offering will drive revenue for the crypto exchange, the bank's equity analyst said.