BNB, formerly known as Binance Coin, dropped to as low as $204, lowest since late June 2022. Source: https://www.coindesk.com/markets/2023/08/22/bnb-token-stumbles-to-1-year-low-amid-mounting-scrutiny-over-binance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Botto is part AI, part human community, part DAO, and part experiment on the way to artistic singularity. Jeff Wilser meets its creator, Mario Klingemann. Source: https://www.coindesk.com/consensus-magazine/2023/08/22/meet-botto-the-ai-artist-that-mints-its-own-nfts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/policy/2023/08/22/privacy-mixer-tornado-cash-is-an-entity-judge-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Existing payments systems are hard to beat, but there may be niches where blockchain companies can play, says EY’s Paul Brody. Source: https://www.coindesk.com/consensus-magazine/2023/08/22/fednow-is-a-reminder-that-payments-arent-cryptos-differentiator/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

FTX founder Sam Bankman-Fried appeared in court Tuesday to be arraigned after the latest indictment accused him of using customer funds for everything from buying personal real estate to …

The latest price moves in bitcoin (BTC) and crypto markets in context for August 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

Bitcoin and ether held steady over the past 24 hours, data from CoinGecko shows, with few fundamental catalysts to lift markets. Source: https://www.coindesk.com/markets/2023/08/22/xrp-ada-post-highest-losses-among-majors-bitcoin-steady-as-buy-the-dip-mentions-fade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The number of employees losing their jobs is 71 out of some 590. Source: https://www.coindesk.com/business/2023/08/22/indian-crypto-exchange-coindcx-is-cutting-12-of-jobs-as-bear-market-taxes-take-their-toll/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes. …

Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand. Source: https://www.coindesk.com/tech/2023/08/22/shiba-inu-plans-shibariums-public-restart-days-after-botched-launch/?utm_medium=referral&utm_source=rss&utm_campaign=headlines