NFT Video Startup Glass Falls to Crypto Bear Market
The startup’s founders say they’re ending active development after two years.
News
A New Crypto Scam Shows Perils of Elon Musk’s Twitter
(Wikimedia Commons)
Grayscale Ethereum Trust Discount Drops to Lowest in a Year Amid Spot Ether ETF Push
The recent optimism around crypto spot exchange-traded funds helped narrow the ETHE discount.
Ripple Acquires Crypto-Focused Chartered Trust Company Fortress Trust
A person with knowledge of the matter said the figure was less than the $250 million price tag for custody firm Metaco, which Ripple acquired in May.
U.S. Fed’s Vice Chair Barr Says CBDC Decision Still a ‘Long Way’ Off
The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase.
Bitcoin Halving Is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth
The magnitude of the expected halving-led uptrend in bitcoin is likely contingent on major central banks boosting their year-on-year M2 money supply growth rates, past data show.
First Mover Americas: Bitcoin Shows Signs of Life
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Taiwan Crypto Watchdog to Issue 10 Guiding Principles for Virtual Assets in September: Report
The East Asian country plans on setting out that crypto businesses should keep customers payments separate from their own tokens and that unregistered overseas firms should not solicit business in the country.
Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law
The blockchain-based file-sharing network had indicated it would be winding down after a New Hampshire court ruled in favor of the SEC last November.
MicroStrategy’s Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg
FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.