Category: Uncategorized

Once a Pioneer, Cosmos Blockchain Project Faces 'Existential' Crisis
After the collapse of Terra, and with new competition on Ethereum, a network built for interoperability may be at risk of becoming obsolete.

Canada Unveils New Bank Capital Rules for Crypto Holdings
New rules for banks and insurers are based on international norms, regulators said

Bitcoin Miners Buy up Rigs as Prices Near All-Time Lows
Despite mining’s doldrums, miners are prioritizing the inclusion of next-generation mining rigs in their operations to prepare for the next Bitcoin halving.

Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets
The initiative aims to help Italian banks, asset managers and financial institutions, including the $1 trillion banking group Intesa Sanpaolo, experiment with decentralized finance and security tokens.

The Ever More Efficient Bitcoin Mining Machine
A recent report by Coin Metrics has news for fans of energy efficiency: ASIC miners overall are reducing their energy consumption per coin produced. But which are the most efficient? For Mining Week, CoinDesk dug deeper to determine which of 11 popular mining machines were the most competitive.

It’s Time for Miners to Stop With the Gimmicks
Publicly-traded miners are prone to pursue marketing stunts as a way to raise their stock prices. Press releases about AI and HPC initiatives are the latest examples. This op-ed is part of CoinDesk’s Mining Week.

Crypto Lender Credix Brings Additional Private Credit Pool on Solana With 11% Yield
Decentralized finance platform Credix opens a trade receivables lending pool with Solana Foundation among investors.

Crypto Robo-Advisor Hedgehog Partners With CoinDesk Indices on Automated Investing Services
The SEC-registered robo-adviser will offer several crypto sector investment solutions, in addition an offering that follows all of the sectors tracked by CDI.

DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing
The decentralized finance (DeFi) sector has endured a turbulent month, as transaction volume plummeting alongside a series of hacks and exploits.

First Mover Americas: Dogecoin Takes Center Stage
The latest price moves in bitcoin (BTC) and crypto markets in context for July 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.