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October 13, 2023

SEC Deadline on Grayscale’s Bitcoin ETF Dispute Approaching at Midnight

The SEC has hours left to seek an appeal of the court order to erase the agency’s rejection of Grayscale’s trust-to-ETF conversion application.

News
October 13, 2023

THORSwap, Used by FTX Exploiter, Resumes Trading After Updating Terms to Exclude U.S.-Sanctioned Countries

THORSwap, the exchange that paused its platform last Friday following a series of trades related to the FTX hack, resumed its services on Friday with updated terms and conditions relating to users in sanctioned countries.

News
October 13, 2023

CertiK, Blockchain Code Auditor, Makes ‘Strategic Workforce Adjustment’ of 15%

Just last year, the company raised nearly $150 million of fresh capital. Now, as crypto winter drags on, it is cutting jobs, citing “evolving market dynamics.”

News
October 13, 2023

First Mover Americas: Bitcoin Spot ETF Partially Priced in: Coinbase

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

News
October 13, 2023

Tether Promotes Paolo Ardoino to CEO

Paolo Ardoino appointed new CEO at Tether.

News
October 13, 2023

Bitcoin Is Currently Neither ‘Bullish’ or ‘Bearish,’ Traders Say

Major tokens seemed to stabilize on Friday morning following a week-long price drop.

News
October 12, 2023

Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data

ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates.

News
October 12, 2023

Coinbase Sounds Alarm on IRS Crypto Tax Proposal

As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.

News
October 12, 2023

Ethereum Has Nearly Cleared Out Validator Queue, a Sign of Weak Staking Demand

The waiting time to deploy new validators to the Ethereum network has diminished to just five hours from a peak of 45 days in early June.

News
October 12, 2023

The SAFER Banking Act Can End Discriminatory Banking Practices

Designed to dismantle barriers to financial services for marijuana businesses, the bill would be beneficial to crypto companies stripped of banking access, says Cody Carbone.

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