ETH price rallied as deposits briefly surged after the Shapella, but on-chain data suggests that 1.4 million ETH will be withdrawn in the short-term.
AI Boosters Would Sacrifice Humanity for a Simulacra – as Long as They’re in Control
AI boosterism and associated “long-termist” ideas could be a threat to your privacy, your property and your humanity.
Crypto Derivative Volumes Rose in March for Third Straight Month
A report noted an increase in spot DEXs offering derivatives trading on their platforms.
Reddit to the Moon, Razer Stays Sharp
Reddit has released another wildly popular NFT collection while Razer has launched a Web3 gaming accelerator.
NovaWulf Plans to Tokenize Equity of Celsius’ New Firm With $2B Assets, After Takeover
Celsius Network contacted 130 interested parties and signed non-disclosure agreements with 40, before choosing NovaWulf.
Sweden Drives Final Nail Into Its Bitcoin Mining Industry With Tax Hike
The 6,000% increase in taxes per kilowatt hour of energy will likely kill any potential bitcoin mining investments in the country.
BTC price targets see $33K next as Bitcoin eyes key resistance flip
Bitcoin faces a formidable trend line in $31,000 with United States equities providing a continued boost for BTC price upside.
UK’s New Technology Department to Tackle Country’s Metaverse, Web3 Strategy
The department will explore economic growth, investment and business opportunities in these areas along with implications on regulation.
Bias in AI: What can blockchains do to ensure fairness?
Experts believe that decentralized systems can help secure the integrity and objectivity of data being fed to AI systems, but there still exist very clear limitations.
Popular Tea Shop Boba Guys Taps Solana for On-Chain Loyalty Rewards Program
On top of building the chain’s loyalty infrastructure, the Solana Foundation recently invested $100,000 into Boba Guys.
U.S. SEC Poised to Move Toward DeFi Oversight As It Reopens Proposed Regulations
The U.S. Securities and Exchange Commission is considering reopening a rule proposal on how it oversees crypto platforms to more explicitly include decentralized finance (DeFi). Commissioners will vote on the language during an open meeting on Friday.
Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut
The Singapore firm is one of the largest bitcoin miners in the world with 16.2 EH/s of hashrate.
Crypto in Europe: Economist breaks down MiCA and future of stablecoins
A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe.
How CoinDesk Will Use Generative AI Tools
AI tools for generating content are changing the way we work – especially the media. Here are the rules of the road for CoinDesk.
Onramp Launches First Spot Bitcoin Trust With Multi-Party Custody
The company, based in Austin, Texas, says the new offering is the first bitcoin trust that takes advantage of Bitcoin’s multi-signature capability.
Elon Musk Tweet Spurs 7% Aptos Price Surge
Aptos (APT) surged by 7.4% on Friday after Twitter CEO Elon Musk tweeted “AI APT OTT!” before deleting it one hour later.
Chia Network Submits Registration to U.S. SEC For Proposed IPO
The size and price range for the offering has yet to be determined.
Tesla selling Bitcoin last year turned out to be a $500M mistake
Tesla’s remaining Bitcoin stash has grown 100% from its November 2022 lows, demonstrating that hodling BTC can indeed pay off.
Enterprises should seek partners and solutions during the crypto winter: Paxos report
“We need more transparency over the reserves of these stablecoins, which I think we’re going to see,” Clara Medalie said.
First Mover Americas: Ether Steals the Show, Alts Follow Suit
The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.