Category: CoinDesk
Damoon, a Tether subsidiary in which Northern Group acquired a stake earlier this year, has purchased $427 million of Nvidia chips for generative AI cloud computing. Source: https://www.coindesk.com/business/2023/09/21/stablecoin-issuer-tether-ventures-into-ai-with-northern-data-in-427m-nvidia-chip-splurge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol. Source: https://www.coindesk.com/business/2023/09/21/near-foundations-marieke-flament-steps-down-as-ceo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Once the BOJ begins policy normalisation, yen carry trades may unwind quickly, leading to increased cross-asset volatility. Source: https://www.coindesk.com/markets/2023/09/21/bank-of-japan-a-major-source-of-uncertainty-crypto-volatility-trader-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
“We still believe that the chances of further declines are higher for now,” one analyst said. Source: https://www.coindesk.com/markets/2023/09/21/bnb-xrp-lead-slide-in-crypto-majors-as-mt-goxs-repayment-delay-fails-to-bouy-bitcoin-prices/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Rumors of Mt. Gox mulling a delay have been doing the rounds and likely catalyzed the recent bitcoin price bounce. Source: https://www.coindesk.com/markets/2023/09/21/bitcoin-bulls-missing-in-action-after-mt-gox-delays-btc-repayments/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
An ex-Alameda employee claims a trader at the firm punched in a wrong decimal which led to bitcoin’s 87% drop on Binance.US in 2021. Source: https://www.coindesk.com/markets/2023/09/21/bitcoins-87-drop-in-2021-was-caused-by-sam-bankman-frieds-alameda-ex-employee-claims/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports betting company DraftKings. Source: https://www.coindesk.com/business/2023/09/21/draftkings-billionaire-backed-crypto-analytics-firm-coinscan-raises-63m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The defunct crypto exchange has delayed the deadline for repayments to Oct. 31, 2024. Source: https://www.coindesk.com/business/2023/09/21/mt-gox-pushes-repayments-by-a-year/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The IMX-Korean won pair listed on South Korea’s leading exchange Upbit accounted for nearly 20% of the 24-hour global trading volume. Source: https://www.coindesk.com/markets/2023/09/21/nft-platform-immutabexs-imx-token-surges-35-with-upbit-leading-volume-growth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Republican presidential candidate Vivek Ramaswamy will release a crypto policy paper. Source: https://www.coindesk.com/policy/2023/09/20/vivek-ramaswamy-is-drafting-a-crypto-policy-framework/?utm_medium=referral&utm_source=rss&utm_campaign=headlines