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October 12, 2023

Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data

ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates.

News
October 12, 2023

Coinbase Sounds Alarm on IRS Crypto Tax Proposal

As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.

News
October 12, 2023

Ethereum Has Nearly Cleared Out Validator Queue, a Sign of Weak Staking Demand

The waiting time to deploy new validators to the Ethereum network has diminished to just five hours from a peak of 45 days in early June.

News
October 12, 2023

The SAFER Banking Act Can End Discriminatory Banking Practices

Designed to dismantle barriers to financial services for marijuana businesses, the bill would be beneficial to crypto companies stripped of banking access, says Cody Carbone.

News
October 12, 2023

Is Sam Bankman-Fried a Sociopath?

(MIT Bitcoin Club/Wikimedia Commons, modified by CoinDesk)

News
October 12, 2023

Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs

The new Ethereum layer-2 network’s debut adds to the competition among rival providers of so-called “zkEVMs,” including Polygon and Matter Labs.

News
October 12, 2023

Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says

Lax security practices seemed to be a feature of the former crypto trading titan.

News
October 12, 2023

Reddit’s Fortnite Token BRICK More Than Doubles After Two-Months of Decline

Bricks (BRICK), the native token of Reddit’s Fortnite community, surged by 100% over the past 24-hours following a two-month downswing that saw it lose more than 80% of its value.

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