Category: CoinDesk
Five months after the spectacular implosion of FTX, the Bahamas-based exchange’s new legal team has a message for both the U.S. bankruptcy court and creditors alike: “The situation has …
The “Shapella” upgrade will be the first time the network has a long term market risk free yield curve, and with a growing prevalence in staking, it may help …
Investors are awaiting Ethereum’s upgrade, which is expected to go live late Wednesday. Source: https://www.coindesk.com/markets/2023/04/12/bitcoin-hovers-around-30k-ether-holds-above-19k-ahead-of-shapella-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
After the Shanghai and Capella updates go live, ETH stakers will finally be able to withdraw their tokens. So what does that mean? Source: https://www.coindesk.com/consensus-magazine/2023/04/12/everything-you-need-to-know-about-ethereums-big-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The bitcoin ‘whale’ was the 14th largest bitcoin holder until mid-March, controlling $1.2 billion in BTC, according to BitInfoCharts. Source: https://www.coindesk.com/markets/2023/04/12/large-bitcoin-investor-sent-330m-of-btc-to-exchange-before-price-dropped-below-30k-blockchain-data/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Less than a month later after the decentralized crypto lending platform was exploited for roughly $200 million, Euler Finance has for the first time since the exploit allowed users …
Source: https://www.coindesk.com/policy/2023/04/12/sec-advisory-group-backs-genslers-crypto-efforts-but-asks-for-industry-guidance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The firm said FTX Europe AG, the holding company of its European business, filed a petition for a Swiss moratorium proceeding, which was granted on Tuesday. Source: https://www.coindesk.com/policy/2023/04/12/ftx-free-to-explore-sale-of-europe-arm-swiss-court-decides/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Their thinking is contrary to other market observers, who believe a mass-sell-off following the “hard fork” will send prices downward. Source: https://www.coindesk.com/markets/2023/04/12/crypto-analysts-split-on-ether-market-trends-after-ethereums-shanghai-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Analysts differ on the amount of ether (ETH) selling pressure that could result from the Ethereum blockchain’s Shanghai upgrade, scheduled for later today. The Shanghai upgrade (aka Shapella), will …