Author: Coindesk
Etoro, which is based in Israel, is not a big player in the U.S. crypto market. It has only 240,000 customer accounts compared to Coinbase’s 100 million. But the SEC agreement is significant for the clues it offers about how the regulator views the key legal question of which digital assets are not securities, and therefore outside its supervision, lawyers contacted by CoinDesk said. Read the full article here
The vision Moy articulated was shared by nearly every Bitcoin enthusiast, but opinions on how to actualize these ideas of decentralized money and finance differed widely. From stablecoins to NFTs, almost every category of application commonly used in the decentralized finance industry today has its roots in Bitcoin, but a strong ideological undercurrent started to create a cultural shift toward discouraging and combating these projects. From Satoshi Dice in 2012 to Ordinals in 2024, Bitcoin’s history is littered with experimental projects that have been lambasted for spamming, polluting, or distracting the Bitcoin community from its mission. As a result, the…
In 2022, Buterin proposed a set of stages for rollups, to classify them in their pursuit of decentralization. The criteria is meant to showcase that rollups tend to rely on “training wheels” and deploy their protocols to users before it’s ready to fully decentralize. Read the full article here
“The election gambling contracts pose significant public interest risk,” the CFTC’s lead attorney said during Thursday’s hearing. “The Commission noted serious concerns about potential adverse effects on election integrity, or the perception of election integrity, at a time where confidence in election integrity is incredibly low. These contracts would give market participants a $100 million incentive to influence either the market or the election, which could very certainly undermine confidence in election integrity. This is a very serious public interest threat.” Read the full article here
“Artists can expand their fanbase by promoting their music with JAM, so first-time listeners can play-to-earn JAM to discover newly promoted music. This allows artists to earn an ROI on their promotion as new fans discover and stream their music again and again,” Tune.FM wrote in a press release shared with CoinDesk. Read the full article here
“That question involves (relates to, entails, has as its essential feature, or any other iteration of the word) elections, politics, Congress, and party control; but nothing that any Party to this litigation has identified as illegal or unlawful activity,” the judge wrote. “Nor does that question bear any relation to any game – played for stakes or otherwise.” Read the full article here
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
Several DeFi services are expected to offer support for cbBTC from Thursday, Coinbase said, including exchanges Aerodrome and Curve, lending applications Aave, Sky Protocol, Compound, real-world assets provider Maple and cross-chain bridges such as deBridge, among others. Read the full article here
At press time, bitcoin changed hands at around $58,000, representing a 2.5% over 24 hours, according to CoinDesk data. Ether (ETH), the second largest cryptocurrency by market value, traded 1% higher at $2,350, with an estimated leverage ratio of 0.35. Read the full article here
A third of consumers said they thought the BTC price would be below $60,000 by year-end, and only 12%-14% thought it would cross $70,000. Bitcoin was trading around $58,200 at publication time. For the longer term, perceptions were mixed: 40% of respondents said they thought BTC would thrive in the coming years, while 38% said they expected it to disappear. Read the full article here