South Korea’s Financial Regulations Chief to Meet SEC Chairman Gensler Next Month: Report
The two aim to strengthen cooperation on crypto regulations before South Korea’s new crypto laws go into effect next year.
6 Predictions for Crypto in 2024: Pantera’s Paul Veradittakit
Tokenized social experiences, TradFi bridges, DePIN, DeFi Summer #2, and more.
DeFi Has a Risk Problem and It’s Time to Solve It
DeFi hacks represented 2% of total value locked across decentralized protocols in 2023. (fikry anshor/Unsplash, modified by CoinDesk)
Stacks’ STX Soars 27% on Positive Comments From Tim Draper
Stacks [STX], the native token of Stacks Network, rose by 25% on Wednesday on the back of praise from legendary investor Tim Draper.
Crypto Accounting and Tax Reporting Platform TRES Raises $11M to Add New Blockchains
TRES currently services clients with combined assets worth $19 billion, helping them manage, monitor and reconcile their digital asset activity across over 100 layer-1 and layer 2-blockchain networks
First Mover Americas: BlackRock, SEC Discuss ETF Listing Rules
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Lido Tests of ‘Distributed Validator Technology’ Portend 2024 Decentralization Push
A big selling point of blockchain networks is that they are “decentralized.” But just a few validators, including those run by Lido, have gradually amassed a lion’s share of the power over the dominant smat-contracts blockchain, Ethereum. One idea is to decentralize the validators themselves.
China Vows to Clarify Web3, NFT Development Path
Moving forward, China’s Web 3 strategy would encourage the development of new business models such as NFT and accelerate the innovative application of Web3, the Ministry of Science and Technology said.
Global Securities Regulator IOSCO Issues DeFi Policy Recommendations
Organizing as DAOs doesn’t mean freedom from regulatory responsibilities, the International Organization of Securities Commissions says.
Bitcoin Could Reach $160K in 2024 on the Back of Halving, Spot ETF Hype: Analysts
Bitcoin has historically rallied after its halving event – which automatically decreases the supply of new coins in the open market – and traders are likely pricing in the event that’s next scheduled for April 2024.