CoinDesk
Digital currency is a rapidly evolving industry and we believe one of the biggest developments in internet history in the making. If you're new to bitcoin, read our straightforward guides on the basics of what bitcoin is, why people use it, where to buy bitcoins and how to spend them. We also explain the basics of bitcoin mining, how to set up a bitcoin miner, and how bitcoin transactions work.
-
05:34 Popular
Crypto Twitter Reacts to NYT Article About Sam Bankman-Fried
Added 117 Views / 0 Likes"The Hash" panel discusses how Twitter users are reacting to a new article from the The New York Times about how residents in The Bahamas have "lingering sympathy" for former FTX CEO Sam Bankman-Fried. "The Hash" team also dives into the role of the media in the wake of FTX's downfall.
-
05:02
Bitcoin Miners Power Down As Winter Storm Sweeps North America
Added 78 Views / 0 LikesCrypto miners across the U.S. powered down over the weekend as a powerful storm swept across North America, with computing power on the Bitcoin network dropping about 40%. "The Hash" panel discusses what this means for the bitcoin mining community.
-
03:50
Solana’s Top NFT Projects Move to Ethereum, Polygon
Added 71 Views / 0 LikesDeGods and Y00ts, two of the top Solana non-fungible token (NFT) projects, confirmed to be leaving the Solana network for Ethereum and Polygon after months of speculation. "The Hash" panel discusses the migration and the implications for the blockchain ecosystem at large.
-
04:25
Crypto Miner Argo Blockchain Requests 24 Hour Trading Halt for US Shares
Added 74 Views / 0 LikesArgo Blockchain, a crypto miner whose shares trade on the London Stock Exchange (ARB) and Nasdaq (ARBK), said it requested a 24-hour suspension of U.S. trading. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the state of crypto mining in the wake of Core Scientific filing for bankruptcy last week. Plus, his state of regulation outlook for 2023.
-
09:02
Sam Bankman-Fried Borrowed From Alameda to Buy Robinhood Shares
Added 53 Views / 0 LikesFormer FTX CEO Sam Bankman-Fried borrowed from Alameda Research to purchase 56 million shares of Robinhood Markets Inc., according to court documents. This comes as ex-Alameda Research CEO Caroline Ellison has reportedly apologized for her role in FTX's collapse. "The Hash" panel discusses the latest in the fall of Sam Bankman-Fried's crypto empire.
-
12:36
Former Alameda CEO Caroline Ellison Reportedly Tells Judge She Is 'Truly Sorry'
Added 48 Views / 0 LikesThe New York Times reports that transcripts unsealed on Friday shows former Alameda executive Caroline Ellison told a federal judge she was “truly sorry” for her role in FTX's implosion. Akin Gump Partner Ian McGinley discusses the latest legal considerations and outlines the "game changers" for the case against Sam Bankman-Fried.
-
09:10
Mango Markets Exploiter Arrested in Puerto Rico on Fraud Charges
Added 43 Views / 0 LikesAvraham Eisenberg, the crypto investor who drained DeFi trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico on charges of commodities fraud and commodities manipulation. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far.
-
05:21
Gemini Sued by Investors Over Interest-Earning Program: Court Filing
Added 50 Views / 0 LikesCrypto exchange Gemini is being sued by investors over the sale of its interest-earning crypto products. The filing says Gemini abruptly halted the program around Nov. 16 after crypto exchange FTX filed for bankruptcy and contagion from its fall caused a liquidity crisis at Genesis Trading, which functioned as Gemini's borrower. Genesis is owned by Digital Currency Group, which is also the parent of CoinDesk.
-
Regulators in the Bahamas Hold $3.5B in FTX Customer Assets
Added 56 Views / 0 Likes"First Mover" looks ahead to 2023 in crypto markets and regulation. SEC Chair Gary Gensler has long said he believes most cryptos are securities. Will Gensler finally do something about that? Also, will Congress pass stablecoin legislation? Nikhilesh De dives into these questions, plus an FTX update from the Bahamas where authorities say they seized $3.5 billion from the bankrupt exchange to safeguard customer assets. Also, will 2023 bring an end to c
-
05:46
Michael Saylor's MicroStrategy Adds to Its Bitcoin Stockpile
Added 47 Views / 0 LikesMicroStrategy has added about 2,501 bitcoins to its holdings since Nov. 1, spending a net $44.6 million. The software company co-founded by crypto proponent Michael Saylor also sold a small amount of the largest cryptocurrency by market capitalization for the first time last Thursday. "The Hash" panel discusses the company's bets on bitcoin amid the ongoing crypto winter.
-
08:34
Mango Markets Exploiter Faces Fraud Charges, Filing Reveals
Added 55 Views / 0 LikesCourt documents reveal Avraham Eisenberg, the crypto investor whose “highly profitable trading strategy” drained decentralized finance (DeFi) trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico. "The Hash" panel discusses the details.
-
19:10
Where Does Your Digital Art Live? Storing NFTs With Confidence
Added 6 Views / 0 LikesProtocol Labs Business Development and Product Lead Jonathan Victor brings to Consensus 2022 a presentation on how NFT.Storage, using Filecoin and IPFS, has become the industry standard for storing off-chain NFT data.
-
08:56
Lawmaker Wants Treasury Secretary Yellen to Delay Crypto Tax Provision
Added 6 Views / 0 LikesRep. Patrick McHenry (R-N.C.), a top Republican on the House Financial Services Committee, wants the U.S. Treasury Department to delay implementing the crypto tax provisions in last year's Infrastructure Investment and Jobs Act until there is further clarity on who's covered by the bill. "The Hash" panel discusses the latest in the world of crypto regulation.
-
05:05
Sam Bankman-Fried Expected to Accept US Extradition: Reports
Added 6 Views / 0 LikesFTX founder and former CEO Sam Bankman-Fried will no longer contest extradition to the U.S. from the Bahamas, multiple media outlets have reported. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses his change of heart and what this means for his extradition hearing on Feb. 8.
-
06:06
There's a Silver Lining in the Wake of FTX's Collapse, Bitwise CIO Says
Added 6 Views / 0 LikesBitwise Asset Management Chief Investment Officer Matt Hougan joins “First Mover” to discuss his outlook on the crypto markets and the long-term silver lining of FTX’s collapse as lawmakers call for more regulatory clarity in the industry. Plus, insights on Grayscale considering returning 20% of investor capital if SEC refuses spot bitcoin ETF. Grayscale and CoinDesk are both owned by Digital Currency Group.
-
07:00
23 Blockchain Predictions for 2023
Added 5 Views / 0 LikesDARMA Capital co-founder and President Andrew Keys shares 23 blockchain predictions for 2023, including the Federal Reserve turning dovish, crypto contagion continuing to spread, and further developments on the Ethereum network.
-
04:54
Sam Bankman-Fried Prepares for US Extradition: Reports
Added 6 Views / 0 LikesSam Bankman-Fried will no longer contest extradition to the U.S. from the Bahamas, according to multiple media outlets. This comes as Bloomberg reports the former FTX CEO could be extradited to the U.S. as soon as Monday. "The Hash" panel weighs in on the latest legal developments of Sam Bankman-Fried's arrest.
-
06:06
Elon Musk's Twitter Poll Asks if He Should Resign as CEO
Added 5 Views / 0 LikesElon Musk asked users on Twitter if he should step down as the head of the social media platform, with 57.5% voting in favor of the move. This comes as Ethereum co-founder Vitalik Buterin wrote in a recent tweet that Musk's recent decisions could send the company on a "path to authoritarianism." "The Hash" panel discusses Twitter's latest censorship concerns.
-
04:11
Sam Bankman-Fried’s Bahamas Court Appearance Adds to Confusion
Added 4 Views / 0 LikesCounsel for Sam Bankman-Fried appeared blindsided by his appearance in a Bahamas court Monday as weekend reports suggested Bankman-Fried had changed his mind and was not going to challenge extradition to the U.S. CoinDesk Regulatory Reporter Cheyenne Ligon breaks down the latest confusion around the former FTX CEO's court appearance.
-
03:50
Yuga Labs Names Former Activision Blizzard President as New CEO
Added 7 Views / 0 LikesYuga Labs, the Web3 startup behind the Bored Ape Yacht Club, said that former Activision Blizzard President and COO Daniel Alegre is joining the company as CEO. "The Hash" panel discusses what Alegre's gaming expertise will bring to Yuga Labs' Web3 world.
-
07:47
Binance.US Agrees to Buy Voyager’s Assets for $1.02B
Added 7 Views / 0 LikesBankrupt crypto lender Voyager Digital said Binance.US has agreed to buy its assets for $1.022 billion. "The Hash" panel discusses what to expect with returning customer funds and Voyager's upcoming bankruptcy hearing.
-
06:20
Could FTX Collapse Trigger a Crypto Domino Effect?
Added 6 Views / 0 LikesBitcoin (BTC) is trading flat around $16,500 as concerns linger that FTX's collapse could trigger a domino effect in the crypto industry. Tactive Wealth Advisor Eddy Gifford shares his bitcoin outlook and investment strategies as the strategist predicts the bottom is close for the largest cryptocurrency by market capitalization.
-
01:05
Boris Johnson’s Brother Reportedly Resigns as Binance Adviser; Grayscale Developments
Added 5 Views / 0 LikesJo Johnson, brother of former U.K. prime minister Boris Johnson, resigned from the advisory board of crypto exchange Binance, according to London's Telegraph. Plus, Grayscale Investments is exploring options to return a portion of investment capital if the SEC refuses to approve its spot bitcoin exchange-traded fund. Grayscale is owned by the Digital Currency Group and is a sister company of CoinDesk.
-
01:08
Crypto Options Market Since FTX's Implosion
Added 4 Views / 0 LikesMarket makers' share of crypto options trading volume settled through OTC platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence. And it appears the situation could persist for some time. "All About Bitcoin" host Christine Lee presents the Chart of the Day.
-
01:34
FTX Creditor Meeting; SBF Gave Ex-Jane Street Traders Who Formed Modulo Capital $400M
Added 5 Views / 0 LikesFTX's new management told a procedural hearing it had over $1 billion in assets identified. Alameda Research invested $400 million into Modulo Capital, a multi-strategy hedge fund founded early this year by two former Jane Street traders and one developer. Bankrupt crypto lender BlockFi has asked a U.S. court to greenlight customer withdrawals that are locked up in the platform, court filings show.
-
03:37
Bitcoin Addresses Tied to Quadrigacx Wake Up
Added 5 Views / 0 LikesMore than 100 bitcoins tied to the defunct Canadian crypto exchange QuadrigaCX were transferred out of cold wallets after sitting dormant for more than three years. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
-
08:42
FTX to Seek Retrieving Voluntary Payments From Third Parties
Added 9 Views / 0 LikesFTX will attempt to recoup voluntary payments made to third parties prior to its collapse, possibly including founder Sam Bankman-Fried's political donations, and pursuing them in court if necessary. Meanwhile, FTX's new management told a procedural hearing Tuesday it had over $1 billion in assets identified. Murphy & McGonigle founder James Murphy discusses the latest in FTX's bankruptcy and what this means for the crypto markets.
-
11:12
Binance In the Spotlight After FTX Implosion
Added 4 Views / 0 LikesBinance, the world's largest exchange by trading volume, has faced billions of dollars in net outflows recently, after rival exchange FTX filed for bankruptcy and decreased investor confidence in the crypto markets. Nansen analyst Andrew Thurman discusses the latest developments and what he's seeing on-chain.
-
04:54
Layer 2 Labs Raises $3M to Bring Drivechains to Bitcoin Network
Added 5 Views / 0 LikesBitcoin development firm Layer 2 Labs has raised a $3 million seed round from angel investors to bring drivechains and other innovative technologies to Bitcoin. "The Hash" hosts discuss what this means for the Bitcoin community.
-
00:59
Bitcoin Correlations Reveal Dollar Still Rules
Added 6 Views / 0 LikesBitcoin (BTC)'s reliable inverse relationship to the U.S. dollar index holding strong for the better part of 2022, but turning positive between Nov. 9 and Nov. 27, largely related to the collapse of crypto exchange FTX. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.