- newThree Arrows Paper Trail Leads to Trading Desk Obscured Via Offshore Entities
As Three Arrows Capital collapsed under market pressure, its much-lesser known trading desk TPS Capital remained active, sources say. But a complex ownership structure might frustrate creditors' efforts to collect.
- 11 hours ago 2 Jul 22, 6:43pm -
- newWhat Traders Are Saying About Bitcoin's Biggest Monthly Loss in 11 Years
Poor macroeconomic sentiment, fears of inflation, and systemic risks from the crypto market pushed bitcoin below 2017âs highs.
- 17 hours ago 2 Jul 22, 12:28pm -
- Three Arrows Capital Files for Bankruptcy in New York Tied to British Virgin Islands Proceeding
Beleaguered crypto firm Three Arrows Capital filed for bankruptcy late Friday.
- 1 day ago 1 Jul 22, 11:39pm -
- Cosmos-Builder Ignite Cuts Headcount by More Than 50%, Ex-Employees Say
The reductions come amid a crypto market crash, and after the return of Igniteâs controversial ex-CEO.
- 1 day ago 1 Jul 22, 10:38pm -
- Market Wrap: Bitcoin Suffers Its Worst Month Since 2011
BTC slips below $19K in fifth straight daily price decline. Stocks headed for their worst first half since the 1970s as a consumer-spending slowdown stokes fresh recession concerns.
- 1 day ago 1 Jul 22, 10:14pm -
- Voyager Digital Temporarily Suspends All Trading, Withdrawals and Deposits
Shares of the troubled digital broker were down more than 17% on Friday.
- 1 day ago 1 Jul 22, 10:13pm -
- Meta to Shutter Novi Crypto Payments Wallet in September, Ending Libra Saga
Meta's crypto remittances project Novi emerged after the Libra stablecoin project rebranded.
- 1 day ago 1 Jul 22, 10:12pm -
- Sam Bankman-Fried Says Heâd Consider Acquiring Troubled Crypto Miners Next
The FTX CEO said helping rescue crypto miners might help mitigate the credit contagion in the crypto sector.
- 1 day ago 1 Jul 22, 10:09pm -
- India's Day Of Reckoning With ‘Most Controversial Crypto Tax’ Is Here
It's "D" Day for India as the crypto community deals with the imposition of the most controversial tax provision today. Calculating the predicted impact of the tax will be a wait-and-watch game at a time when the global investment community is facing…
- 1 day ago 1 Jul 22, 10:09pm -
- Web3 Needs In-Person Gatherings
- 1 day ago 1 Jul 22, 9:03pm -
- Crypto World Is Cautious of Finer Details In EU's MiCA Law
Web3 experts are cautiously welcoming the first major jurisdictionâs attempt to regulate crypto â but first they must resolve the MiCA lawâs paradoxes â like when is a non-fungible token fungible?
- 1 day ago 1 Jul 22, 8:52pm -
- From One to Zero: BlockFiâs Fire Sale Shows the Uber Startup Model Is Disastrous for Finance
Peter Thielâs monopolistic theories about building companies have clearly hit their limit: banking.
- 1 day ago 1 Jul 22, 8:45pm -
- Register by July 7 to Join CoinDesk's Hackathon With CRADL and HackerEarth
- 1 day ago 1 Jul 22, 8:43pm -
- La mitad de los latinoamericanos ha utilizado criptomonedas, segĂșn encuesta de Mastercard
El 51% de los consumidores de América Latina ha realizado al menos una transacción con criptomonedas.
- 1 day ago 1 Jul 22, 8:21pm -
- So You Want to Be a Bitcoin Developer?
Brink co-founder Mike Schmidt and Bitcoin Core developer Larry Ruane discuss the ins and outs of funding Bitcoin research and development. This post is part of CoinDesk's Future of Work Week.
- 1 day ago 1 Jul 22, 8:08pm -
- The Crypto CEO Who Doesn't Want the Job
TK
- 1 day ago 1 Jul 22, 7:39pm -
- FTX US Gains 'Option to Acquire' BlockFi for Up to $240M
The crypto lender said client funds will not be impacted.
- 1 day ago 1 Jul 22, 7:06pm -
- Bitcoin termina un junio fatĂdico con su caĂda mĂĄs grande de los Ășltimos 11 años
Los mercados cripto experimentaron grandes pĂ©rdidas con los inversores cada vez mĂĄs preocupados por la alta inflaciĂłn y los aumentos de las tasas de la Reserva Federal de EE. UU. Algunos analistas dicen que el precio de bitcoin podrĂa bajar aĂșn…
- 1 day ago 1 Jul 22, 7:03pm -
- Good Time to Buy Crypto Mining Stocks, Says DA Davidson as It Slashes Hashrate Forecasts
There's now major upside to crypto mining stocks, even with significantly lowered earnings and hashrate projections.
- 1 day ago 1 Jul 22, 6:53pm -
- Custodia Bank's CEO Says Bad Actors and Regulators Caused Crypto Crash
Caitlin Long said bankruptcies were inevitable the moment bitcoin âstarted being leveraged, rehypothecated, or financialized with debt.â
- 1 day ago 1 Jul 22, 6:51pm -
- Half of Latin Americans Have Used Cryptocurrencies, Mastercard Survey Shows
Fifty-one percent of consumers in Latin America made at least one transaction with cryptocurrencies.
- 1 day ago 1 Jul 22, 6:47pm -
- El Salvador compra 80 bitcoins adicionales a $19K cada uno, segĂșn el presidente Bukele
La Ășltima compra por parte del paĂs centroamericano habĂa sido en mayo.
- 1 day ago 1 Jul 22, 6:41pm -
- Future of Work: The Digital Fashionista
- 1 day ago 1 Jul 22, 6:32pm -
- Grayscale 'GBTC Discount' Widens After SEC Bitcoin ETF Rejection
The discount between the share price of the Grayscale Bitcoin Trust and the equivalent value of its underlying bitcoin has widened to 31% from 28.4% on Thursday â a sign of waning optimism after the SEC rejected a proposal to convert the investment…
- 1 day ago 1 Jul 22, 6:31pm -
- Ignite CEO Peng Zhong Announces Departure Shortly After Re-Organization
Zhongâs exit comes weeks after the companyâs former CEO Jae Kwon announced that he was re-joining the company as the CEO of Ignite spin-off âNew Tendermint.â
- 1 day ago 1 Jul 22, 5:53pm -
- Three Arrows Capital's Su Zhu Looks to Sell $35M Singapore House
Zhu and his wife purchased the property in December 2021 for SGD 48.8 million ($35 million). Now they are selling it in what analysts are calling a slowing market.
- 1 day ago 1 Jul 22, 5:42pm -
- Vitalik's Mom Offers Advice on How to Make It in Crypto
- 2 days ago 1 Jul 22, 5:36pm -
- DAOs Are the New Way of Impact Work
"Impact DAOs" are at the forefront of a new culture of work that asks us to move towards aligning our values with our actions, says the co-founder of Gitcoin.
- 2 days ago 1 Jul 22, 5:35pm -
- Brutal Month for Bitcoin as June Ends With Biggest Drop in 11 Years
Crypto markets saw heavy losses with investors increasingly worried about high inflation and Federal Reserve rate increases. Some analysts say the bitcoin price could go even lower.
- 2 days ago 1 Jul 22, 5:03pm -
- LTCM and Other History Lessons for Crypto
From Long-Term Capital Management to the 2008 financial crisis, crypto's recent woes have echoes in the past, says CoinDesk's chief content officer.
- 2 days ago 1 Jul 22, 4:35pm -
- Troubled Crypto Lender Babel Finance Looking to Hire Restructuring Specialist Houlihan Lokey: Sources
Babel is in the process of signing an engagement letter with the investment banking firm, a source said.
- 2 days ago 1 Jul 22, 4:32pm -
- Tether Reduces Commercial Paper Holdings Almost 60% as It Tackles Quality Concerns
Stablecoin issuer Tether has cut its commercial paper holdings to $8.5 billion, with a further reduction to $3.5 billion planned for the end of the month.
- 2 days ago 1 Jul 22, 3:36pm -
- First Mover Americas: Itâs Ugly in Crypto With $200M of Margin Calls, Founders Selling Homes and Comparisons to 2008
The latest price moves in bitcoin ($BTC) and crypto markets in context, for July 1, 2022.
- 2 days ago 1 Jul 22, 3:32pm -
- Meta comienza las pruebas de integraciĂłn de NFTs en Facebook
Las pruebas de NFTs en Facebook siguen a una serie de integraciones piloto en Instagram que sucedieron en mayo.
- 2 days ago 1 Jul 22, 3:29pm -
- Celsius Shareholder BnkToTheFuture Proposes Bitcoin Investments, Restructuring in Rescue Bid
Community investing protocol BnkToTheFuture put forth three proposals in a bid to save Celsius from going under.
- 2 days ago 1 Jul 22, 3:27pm -
- Two Polygon, Fantom Front Ends Hit by DNS Attack
Two gateways provided by Ankr were exploited this morning.
- 2 days ago 1 Jul 22, 3:27pm -
- Hxro Begins Testing Crypto Derivatives Trading Platform on Solana
Susquehanna-backed Hxro is using dummy tokens as collateral to stress test its derivatives marketplace on Solana mainnet.
- 2 days ago 1 Jul 22, 3:25pm -
- Bitcoin, Ether Futures Rack up Nearly $200M in Liquidations on Short Squeeze
Price volatility arose as signs of looming recessions were renewed among investors, one analyst said.
- 2 days ago 1 Jul 22, 3:18pm -
- Bank of America Customersâ Crypto Activity Slowed as Market Slid
The number of active crypto users among Bank of America (BAC) customers slumped more than 50% to fewer than 500,000 between November and May.
- 2 days ago 1 Jul 22, 3:16pm -
- El Salvador Purchases 80 Additional Bitcoin at $19K, President Bukele Says
The last purchase by the Central American country had been in May.
- 2 days ago 1 Jul 22, 3:15pm -
- Blockchain.com, Deribit Among Creditors That Pushed for 3AC Liquidation: Report
Crypto exchanges Blockchain.com and Deribit were among the creditors to have pushed for the liquidation of troubled hedge fund Three Arrows Capital (3AC), Bloomberg reported Friday.
- 2 days ago 1 Jul 22, 3:06pm -
- VanEck Files New Application for Spot Bitcoin ETF
The application comes about eight months after the SEC rejected the investment firmâs last application.
- 2 days ago 1 Jul 22, 3:02pm -
- First Mover Asia: Speculating on Tokenized Carbon Offsets Won't Help Climate Crisis, Says Consultant; BTC Falls Under $19K Amid Wider Crypto Woes
- 2 days ago 1 Jul 22, 2:55pm -
- Futuros de bitcoin y ether acumulan casi $200M en liquidaciones por estrangulamiento de posiciones cortas
La volatilidad de los precios resurgiĂł a medida que se renovaron los signos de recesiĂłn inminentes entre los inversores, dijo un analista.
- 2 days ago 1 Jul 22, 2:54pm -
- Finblox Raises Withdrawal Limit, Explores Legal Action Against Three Arrows Capital
Cryptocurrency staking and yield generation platform Finblox increased a $1,500 cap on withdrawals as it deals with the fallout from its exposure to Three Arrow Capital.
- 2 days ago 1 Jul 22, 2:52pm -
- Crypto Lender Celsius Network Exploring Options to âPreserve and Protectâ Assets
Celsius Network is consulting with experts to try to reduce the fallout from its mid-June swoon.
- 2 days ago 1 Jul 22, 2:52pm -
- Ledn Makes Competing Bid for Troubled Crypto Lender BlockFi: Report
BlockFi has been approached by a party that includes fellow crypto lender Ledn in addition to its buyout offer of $25 million from FTX, Bloomberg reported Friday.
- 2 days ago 1 Jul 22, 2:26pm -
- Why Brands Should Adopt a âHybrid DAOâ Model
Crypto allows brands to give customers a voice, leading to stronger communities and products.
- 2 days ago 1 Jul 22, 1:59pm -
- Meta Begins Testing NFT Integration on Facebook
Social media giant Meta has started testing NFT integrations with a selected group of creators in the United States.
- 2 days ago 1 Jul 22, 1:58pm -
- Do Rate Hikes Matter? Bitcoin Traders Learn How Fed Moves Markets in Twitter Era
- 2 days ago 30 Jun 22, 9:26pm -