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June 30, 2023

How Much Is Too Much to Spend on FTX’s Bankruptcy?

Are Sam Bankman-Fried’s victims being ripped off a second time?

News
June 30, 2023

Sudden Crypto Volatility Spurs $216M in Losses, Liquidating Both Long and Short Positions

Cryptocurrency prices rose early Friday but then dropped sharply following a report that the SEC had deemed recent spot BTC filings inadequate.

News
June 30, 2023

Will Europe’s Digital Euro Really Protect Privacy?

EU officials pay lip service on data rights, but its proposals for a CDBC don’t offer much reassurance for users, says CoinDesk’s Michael Casey.

News
June 30, 2023

Bitcoin Cash, FTX’s FTT Token and COMP Led Crypto Market Gains in June

Bitcoin cash added the most, almost tripling over the course of the month.

News
June 30, 2023

Web3 Can Actually Compete in the Computer Chip Race

GPU prices have taken a toll, and it’s hitting Nvidia’s bottom line. (FritzchensFritz/Creative Commons, modified by CoinDesk)

News
June 30, 2023

Bankrupt Celsius Can Convert Altcoins to BTC, ETH Starting July 1 Following SEC Talks

Creditor distributions will only be made in the two most popular cryptocurrencies, the company said

News
June 30, 2023

Why Tokenized Assets Are Safer During a Banking Crisis

Recent U.S. bank failures exposed a strange truth: depositing your money on-chain is safer than trusting banks to make good on your holdings, argues Copper’s Fadi Aboualfa.

News
June 30, 2023

Bitcoin Tumbles on Report of SEC Saying Spot BTC ETF Filings Inadequate

Spot bitcoin ETF applications from BlackRock and Fidelity, among others, had helped drive bitcoin higher over the past two weeks.

News
June 30, 2023

What New York Can Learn From Hong Kong in Regulating Crypto

A small number of unelected individuals in Washington D.C. are exercising alarming authoritarian power as regulators, counter to the Big Apple’s stated desire to move from antiquated financial systems to digital ones, writes Omer Ozden.

News
June 30, 2023

OKX Overcomes FTX-Related Concerns Around Crypto Industry in $70M Expansion of Man City Sponsorship

Manchester City and OKX’s other partners have been auditing the exchange’s proof of reserves to ease concerns that it won’t go the same way as FTX.

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