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December 15, 2023

Polygon Stops Work on ‘Edge,’ Used to Build Dogechain, as Focus Turns to ZK

Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward “Polygon CDK,” a blockchain-development kit powered by zero-knowledge cryptography. The older “Polygon Edge” was used by Dogechain, in an unofficial effort to build a Dogecoin-oriented smart-contracts network.

News
December 15, 2023

Bitcoin at Risk of Snapping Historic Winning Streak, but ‘Perfect Storm’ Brews for a Strong 2024

Investors moved the highest amount of BTC to exchanges since March, IntoTheBlock noted, signaling profit-taking after bitcoin’s first eight-week streak of gains since 2017.

News
December 15, 2023

Coinbase Tried to Rein in a Renegade SEC That’s Trying to Rein in a Renegade Industry

The SEC rejected Coinbase’s petition for crypto rulemaking, marking yet another refusal to provide regulatory clarity for an industry that badly wants it.

News
December 15, 2023

Taiwanese Authorities Investigating Blockchain Betters over Polymarket Election Contract: Report

The Presidential and Vice Presidential Election and Recall Act specifically prohibits gambling on elections.

News
December 15, 2023

Arbitrum Hit by ‘Partial Outage’ Due to Traffic Surge

The layer-2 blockchain stopped working as intended Friday morning.

News
December 15, 2023

U.S. SEC Denies Coinbase’s Push for Crypto Regulations as ‘Unwarranted’

U.S. crypto exchange Coinbase’s petition to the Securities and Exchange Commission (SEC) to prod it toward a system of tailored rules for digital assets was rejected by the regulator on Friday.

News
December 15, 2023

Bank of Korea Governor Sees CBDC Introduction as Case for ‘Urgency:’ Report

Stablecoins’ widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said.

News
December 15, 2023

Solana Rally Sees FTX’s Holdings Grow to $4.2B, Setting Claims Market on Fire

FTX’s SOL holdings are worth over $4.2 billion in today’s money, up from $1.16 billion from earlier this year.

News
December 15, 2023

First Mover Americas: Bitcoin Ends the Week in Muted Mood

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

News
December 15, 2023

Qredo’s Ankex Crypto Exchange Shutters, CEO Michael Moro Leaves

The hybrid exchange unveiled last year was headed by ex-Genesis CEO Michael Moro, who appears to have departed.

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