Category: CoinDesk
Unstoppability is one of its most important and reliable features. So why do so many respondents to a recent survey think Bitcoin will fail in 2024? Source: https://www.coindesk.com/consensus-magazine/2024/01/30/why-people-still-think-bitcoin-will-die/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures. Source: https://www.coindesk.com/business/2024/01/30/jack-dorseys-block-inc-begins-layoffs-under-previously-disclosed-plan-to-cut-staff-by-10/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The 10 spot bitcoin ETFs on Monday experienced their first net inflows in one week, helping to send the price of bitcoin to its highest level since the day …
Thailand’s SEC has updated its rules by removing retail investors’ limits for asset-backed tokens, creating new rules for custodians and giving them a larger role in monitoring digital asset …
“We had big plans for mint day and we didn’t live up to your expectations of us and to our expectations of ourselves,” Taproot Wizards co-founder Udi Wertheimer posted …
Last October, the Financial Crimes Enforcement Network proposed implementing a new regulatory regime for crypto mixing services that would treat the entire class of privacy tools as money laundering …
Police in Germany have provisionally seized 50,000 bitcoin worth $2.17 billion in what it is calling its largest seizure to date. Source: https://www.coindesk.com/business/2024/01/30/german-police-seize-21b-worth-of-bitcoin-in-piracy-sting/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5 million exploit. Source: https://www.coindesk.com/business/2024/01/30/mim-stablecoin-suffers-flash-crash-amid-65m-exploit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Altcoins’ consistent positive performance over the past six days is boosting optimism and setting up bitcoin to test $46,000, one analyst said. Source: https://www.coindesk.com/markets/2024/01/30/sol-avax-lead-crypto-market-recovery-bitcoin-tops-50-day-average-before-fed-meeting/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The move may reflect users’ unease about Binance’s regulatory dispute in the U.S. which saw it landed with a $4.3 billion fine in November. Source: https://www.coindesk.com/business/2024/01/30/binance-now-allows-larger-traders-to-keep-their-assets-elsewhere-ft/?utm_medium=referral&utm_source=rss&utm_campaign=headlines