Category: CoinDesk
Bitcoin’s stall despite the recent wave of positive news is a cause for concern, one observer said. Source: https://www.coindesk.com/markets/2023/07/19/xrp-soars-10-lifting-altcoins-as-bitcoin-dominance-teeters-at-1-month-low/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Ripple scored a partial win against the SEC this week that has been cheered on industry-wide. Why does the project itself remain so controversial? Source: https://www.coindesk.com/tech/2023/07/19/xrp-blockchain-still-faces-centralization-caveats-as-ripple-regulatory-threat-recedes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The startup offers metaverse-creation tools and a list of general blockchain infrastructure solutions. Source: https://www.coindesk.com/business/2023/07/19/solana-foundation-polygon-lead-30m-fundraise-for-web3-firm-cosmic-wire/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The company will be able to add up to 150 megawatts of energy capacity through the two agreements. Source: https://www.coindesk.com/business/2023/07/19/bitcoin-miner-bitfarms-expands-operations-in-paraguay-after-securing-2-hydropower-contracts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
A new bill from Sen. Jack Reed would impose strict requirements on DeFi protocols under the guise of national security. Source: https://www.coindesk.com/policy/2023/07/19/new-us-senate-bill-wants-to-regulate-defi-like-banks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The stock market operator had said in March, that it was putting together infrastructure and regulatory approval for the custodian service. Source: https://www.coindesk.com/business/2023/07/19/nasdaq-halts-plan-for-crypto-custody-service-due-to-us-regulatory-conditions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Companies from all over the world will be able to make transactions to Argentina, Colombia and Mexico. Source: https://www.coindesk.com/business/2023/07/19/latin-american-crypto-firm-bitso-joins-stellar-network-to-boost-international-usdc-payments/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The burned tokens are now permanently destroyed, which makes circulating tokens more valuable if demand increases. Source: https://www.coindesk.com/markets/2023/07/19/bnb-chain-burns-nearly-500m-worth-of-bnb-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Recent actions by the regulator seem to have been timed to coincide with Congressional grandstanding, Reps. French Hill and Dusty Johnson wrote. Source: https://www.coindesk.com/policy/2023/07/19/gop-lawmakers-suggest-genslers-sec-is-gaming-news-cycle-to-thwart-crypto-legislation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The balance held in wallets tied to centralized exchange has surged by 50% in three days, per Glassnode data. Source: https://www.coindesk.com/markets/2023/07/19/1inch-token-balance-on-centralized-exchanges-surges-to-65m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines