The latest price moves in bitcoin (BTC) and crypto markets in context for August 5, 2022. Source
First Mover Americas: Bitcoin's Rally Loses Steam After US Jobs Report
Tag: Report
BTC-e Operator Alexander Vinnik has Been Extradited to the US: Report
BTC-e, in turn, was shut down by U.S. authorities in 2017, its servers confiscated and Vinnik arrested in Greece where he was on a beach with his family. Since then, three countries have been competing to extradite Vinnik – the U.S., France and Russia – with all three presenting a different set of allegations. Source
Crypto fundraising already outpacing all of 2021: Report
Despite the ongoing market slump, the crypto sector has already raised $30.3 billion in funds, outpacing an entire year of fundraising in 2021, a new report shows. In a report on Aug. 2 by crypto analytics firm Messari and Dove Metrics, the data shows that the $30.3 billion raised in centralized finance (CeFi), decentralized finance (DeFi), nonfungible tokens (NFTs), and infrastructure was achieved through 1199 funding rounds in H1 2022. The total amount of raised funds in the six-month period has already outpaced the $30.2 billion raised in 1313 rounds…
Crypto Lender Voyager Digital Has Received Several Purchase Offers Higher Than FTX’s: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report – Market Updates Bitcoin News
Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has recently shown signs of slowing, following data this week reporting that nationwide job openings had fallen. Ethereum also dropped on the prospect of the NFP report, which is expected to come in at 250,000 jobs. Bitcoin After yesterday’s rebound in price, bitcoin (BTC) was back in the red on Thursday, as markets prepared themselves for tomorrow’s nonfarm payrolls report. It is expected that Friday’s report will show an addition of 250,000…
PwC Crypto Head Departs to Set Up $75M Digital Asset Fund in Dubai: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
Fairfax County Pension Fund Invests $70M in Crypto Yield Farming Funds: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…
Major hacks in play-to-earn crypto games a ‘matter of time’ — Report
“Unsatisfactory” cybersecurity measures among play-to-earn (P2E) crypto games pose a great risk to GameFi projects and their gamers alike, warns blockchain cybersecurity auditor Hacken. In an Aug. 1 report shared with Cointelegraph, Hacken said that data indicates that Gaming Finance (GameFi) projects, the category which P2E games would fall under, often “put profits above security” by releasing products without taking appropriate precautions against hackers. “GameFi projects […] do not follow even the most essential cybersecurity recommendations, leaving malicious actors numerous entry points for attacks.” P2E games often incorporate nonfungible tokens…
Coinbase Asks US Supreme Court to Halt Lawsuits Connected to Scams and Dogecoin: Report
Coinbase v. Bielski was filed by California resident Abraham Bielski, who lost over $31,000 after being targeted by a scammer who purported to be a PayPal (PYPL) representative and accessed Bielski’s Coinbase account. Bielski claimed Coinbase provided little help in regaining the lost funds and accused Coinbase of violating the Electronic Funds Transfer Act and Regulation E therein. Source
Ex-Coinbase Product Manager Pleads Not Guilty in Crypto Insider Trading Case: Report
Ishan Wahi and two associates are accused of making as much as $1.5 million from sharing information about Coinbase’s plans to list new tokens. Source