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July 25, 2023

U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Celsius’s Former CEO, Attorneys Tell Judge

The U.S. Department of Justice (DOJ) asked a federal judge for six to eight weeks to produce evidence for its case against Alex Mashinsky, the founder and former CEO of crypto lender Celsius.

News
July 25, 2023

Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

News
July 25, 2023

How Bitcoin Miners Can Stay Clear of SEC Scrutiny (and Fall Foul of It)

Regulators view Bitcoin and other proof-of-work cryptocurrencies as commodities. But mining firms can still trip over securities regulations if they’re not careful. This story is part of CoinDesk’s Mining Week.

News
July 25, 2023

Crypto Exchange KuCoin to ‘Adjust Some Personnel as Needed’, but Denies Report of Major Layoffs

A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit.

News
July 24, 2023

Judge in FTX Case Orders Gag on Contact with Media

Sam Bankman-Fried. (Elizabeth Napolitano / CoinDesk)

News
July 24, 2023

Putin Signs Digital Ruble Law Making a CBDC Possible in Russia

The new law describes a legal framework for a central bank digital token

News
July 24, 2023

Ghost From the Well: Is Crypto Mining With Associated Gas Better for the Environment?

Oil and gas companies are keen to use gas that would normally be flared off to run bitcoin mining operations. But environmentalists claim the practice merely perpetuates the use of fossil fuels.

News
July 24, 2023

EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says

The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements

News
July 24, 2023

I Had My Iris Scanned by the Worldcoin Orb, and It Wasn’t as Scary as I Expected

Sam Altman’s identity-verifying Worldcoin Orb is available worldwide as the network launched on Monday.

News
July 24, 2023

Inside the Orb: The Untold Story of Worldcoin’s Launch

Is Sam Altman’s UBI startup a smart countermeasure to AI, or a privacy nightmare? Jeff Wilser reports.

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