Category: CoinDesk
The findings have an echo of De Vries’ previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining. Source: https://www.coindesk.com/business/2023/11/30/bitcoin-going-from-boiling-the-oceans-to-draining-them-according-to-critic/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
CoinDesk’s Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice. Source: https://www.coindesk.com/consensus-magazine/2023/11/30/paying-for-use-slows-down-cryptos-search-for-a-use-case/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The bill is awaiting presidential approval. Source: https://www.coindesk.com/policy/2023/11/30/brazil-to-impose-15-tax-on-crypto-earnings-held-on-offshore-exchanges-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Expectation of U.S. approval of a spot bitcoin ETF has led to an increase in DeFi and NFT activity in recent months, the report said. Source: https://www.coindesk.com/markets/2023/11/30/there-are-tentative-signs-of-revival-in-defi-and-nft-markets-jpmorgan-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock. Source: https://www.coindesk.com/markets/2023/11/30/microstrategy-bought-600m-of-btc-in-november-increased-holdings-by-10/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don’t need to incur the costs of buying and running their …
AntPool said it would verify the identity of the sender if they sign an on-chain message via another bitcoin transaction using the same message – which will prove ownership. …
Blockchain networks are information networks, which can be leveraged to build new types of tools and experiences, Variant’s Alana Levin writes. Source: https://www.coindesk.com/consensus-magazine/2023/11/30/the-benefits-of-building-apps-on-chain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
ProShares’ BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset. Source: https://www.coindesk.com/markets/2023/11/30/worlds-largest-bitcoin-futures-etf-breaks-2021-record-highs-for-assets-under-management/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
BitMEX is internally transferring its bitcoin holdings to a newer wallet type, according to on-chain firm CryptoQuant. Source: https://www.coindesk.com/markets/2023/11/30/mysterious-address-that-added-10k-bitcoin-is-just-a-new-bitmex-wallet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines