This surfing mecca has garnered over 3,000 bitcoin users including more than 500 families and 120 businesses. Its adoption model is now being replicated around the world. That’s why Bitcoin Beach is one of CoinDesk’s Projects to Watch 2023.
China’s state-affiliated banks onboarding crypto companies in Hong Kong
Chinese banks are opening bank accounts for regulated crypto companies, with several acting as a payment layer for the crypto platforms.
Space ID Tokens Wow Investors Weeks After Binance Launchpad Sale
The price of ID tokens has almost doubled in the past week.
Ether’s Strong Price Action May Continue Until the End of the Month: Coinbase
The price of ether (ETH) has been resilient following the Shanghai Fork (aka Shappela) last week, Coinbase (COIN) said in a research report Friday.
Attractive Yields Drive Millions Into DeFi Liquidity Manager Gamma; TVL More Than Doubles
The total value locked (TVL) across DeFi protocol Gamma has jumped by 102% in the past month as investors attempt to secure annual returns in excess of 10% from staking.
Bitcoin Could Peak at $45K in May, Analyst Says
The cryptocurrency seems to be mirroring its performance in first-half 2019, when it chalked up a triple-digit rally, marking a solid recovery from a yearlong bear market.
BNB Chain issues list of 191 high-risk, untrustworthy DApps and fake tokens
BNB Chain’s proactive alert does not represent the risk level of the underlying DApp project. Instead, it is aimed at helping users in their research before making investment decisions.
BTC price heading under $30K? 5 things to know in Bitcoin this week
Bitcoin faces a battle for key BTC price support to start the week, while market participants stay optimistic about trend continuation.
Do Kwon Retained Law Firm in South Korea Before Terra’s Collapse: Report
South Korean prosecutors confirmed a report that Kwon sent $7 million to a local law firm in the months leading up to his venture’s dramatic fall.
US crypto exchange Bittrex faces potential action from SEC: Report
Bittrex already started winding down operations by the time it received a notice on potential action from the SEC, the general counsel said.
Crypto Lender Amber Group Weighs Selling Japan Unit: Bloomberg
Managing partner Annabelle Huang said that despite Japan being a “high quality market … regulations are strict.”
Over 1M Ether Withdrawn After Shapella Fails to Dent Risk Appetite
Some traders are restaking the ether withdrawn since the Shapella upgrade, quashing bearish price forecasts.
CoinDesk Indices Joins With Luno to Help South African Users Track Crypto Investment Bundles
The partnership will see launch of Luno Large Cap Bundle, helping customers to easily manage and maintain different investment strategies.
Shaquille O’Neal Finally Served FTX Lawsuit: Lawyers
Legendary Basketballer Shaquille O’Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday.
Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote
A proposal to deploy the third version of lending protocol Aave has recently passed a “temperate check” with an overwhelming favorable majority.
Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH
Since the Shapella hard fork on April 12, Ether has seen a price gain of nearly 10%.
Blockchains need an interoperable standard to evolve, say crypto execs
Blockchains without interoperability are like computers without an internet connection — incapable of transferring data and value, a Chainlink Labs executive says.
Blockchain Association files further FOIA requests over banking closures
The crypto advocacy group wants clarity on recent regulatory action against digital asset-friendly banks.
Rep. Davidson to introduce legislation to fire SEC boss Gensler for crypto overreach
A U.S. Representative has declared he will introduce legislation to have SEC boss Gary Gensler removed from his role.
Bitcoin, Ether are ‘like gold’ says Cathie Wood, but Ray Dalio is skeptical
Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty.