Category: CoinDesk
The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since doesn’t make Bitcoin a good investment or a better means of …
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law. Source: https://www.coindesk.com/policy/2024/02/22/englands-law-commission-seeks-draft-views-on-legislation-to-label-crypto-as-property/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
French football giant Paris Saint-Germain said it will become a network validator for the Chilliz Chain and use the revenue to repurchase its fan tokens. Source: https://www.coindesk.com/business/2024/02/22/paris-saint-germain-becomes-first-soccer-team-to-validate-a-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
In 2023, crypto users lost an estimated $2 billion to hacks and scams, with Ethereum experiencing the highest losses due to its extensive ecosystem and high-profile projects. Source: https://www.coindesk.com/tech/2024/02/22/vitalik-buterin-floats-idea-of-ai-based-code-audits-ethereum-project-developers-back-him-up/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs, or bets, against higher prices. Source: https://www.coindesk.com/markets/2024/02/22/bitcoin-back-over-51k-crypto-market-recovers-as-nvidia-earnings-rejuvenates-ai-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Gauntlet co-founder John Morrow said his team “found it difficult to navigate the inconsistent guidelines and unwritten objectives” of Aave’s “largest stakeholders.” Source: https://www.coindesk.com/tech/2024/02/22/risk-manager-gauntlet-terminates-relationship-with-aave-citing-dao-dysfunction/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG’s array of digital …
Bitcoin price can reach as high as $150,000 this year fueled by ETFs, halving and Fed rate cuts, Fundstrat’s Tom Lee said. Source: https://www.coindesk.com/markets/2024/02/21/bitcoin-could-hit-150k-this-year-says-fundstrats-tom-lee/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Source: https://www.coindesk.com/business/2024/02/21/nvidias-earnings-beat-estimates-boosting-broader-market-and-ai-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there’s no immediate action planned in the …