The IMF recommended that countries focus on addressing the drivers of crypto demand and unmet digital payment needs in a post. Source: https://www.coindesk.com/policy/2023/06/23/crypto-ban-may-not-be-best-approach-to-balance-risk-demand-imf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sam Bankman-Fried promised billions to Michael Kives and Bryan Baum after being awed by their connections to politicians, billionaires and reality TV stars. Source: https://www.coindesk.com/policy/2023/06/23/alameda-seeks-return-of-700m-paid-to-super-networkers-for-celebrity-political-access/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Electricity costs played a vital role in the past year’s bear market as miners struggled to survive, the report said. Source: https://www.coindesk.com/business/2023/06/23/only-bitcoin-miners-with-low-power-costs-and-high-sustainable-energy-mix-will-survive-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Historically, an above-90% reading on the index has coincided with interim market tops. Source: https://www.coindesk.com/markets/2023/06/23/matrixports-bitcoin-greed-fear-index-surpasses-90-suggests-bull-breather-ahead/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: CoinDesk Senior Research Analyst George Kaloudis offers a straightforward explanation of why BlackRock and other financial services giants want to offer a spot bitcoin ETF. Source: https://www.coindesk.com/markets/2023/06/23/first-mover-asia-bitcoin-surge-may-not-be-the-beginning-of-the-end-of-the-bear-market-analyst-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

NFL Rivals, a free-to-play game from Mythical Games, has managed to score over a million downloads despite debuting amidst a harsh crypto environment and in the off-season of the …

The bankruptcy claims exchange from Kyle Davies and Su Zhu – the founders of failed hedge fund Three Arrows Capital – has also issued Justice Tokens that offer exposure …

While other industries like entertainment and loyalty programs have the potential to onboard millions of new users into Web3, gaming provides fertile ground for the seeds of mass adoption. …

The project’s new model uses an order book to match borrowers and lenders, relying on a market-based mechanism to set interest rates. Source: https://www.coindesk.com/tech/2023/06/22/solana-based-crypto-lending-platform-jet-pivots-to-fixed-rate-term-lending/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase will look more like Tencent’s WeChat than the simpler crypto exchange interface of today, Armstrong said. Source: https://www.coindesk.com/tech/2023/06/22/brian-armstrong-envisions-coinbase-to-eventually-become-a-super-app/?utm_medium=referral&utm_source=rss&utm_campaign=headlines