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The report said that in a way a “CBDC could be viewed as an enabling complement to, rather than substitute for, private sector innovation.”

“Sharp upticks in short-term holder supply in loss tend to follow ‘top heavy markets’ such as May 2021, Dec 2021, and again this week,” one observer said.

Sponsored by Phemex

Aug 21, 2023 at 7:47 a.m. PDT

A generally bearish market has weighed down on XRP prices after a landmark victory by Ripple Labs.

Future cap increases will need to be approved by EigenLayer’s multisignatory governance system.

Until the world’s largest crypto exchange gets better at corporate communications, it’s just FUDing itself.

Bankman-Fried’s attorney later deplored Bankman-Fried’s lack of vegan options in prison, saying he was “subsisting on a diet of bread and water” during the hearing.

Bitcoin’s relative strength index has dropped well below 30 to its strongest oversold reading since March 2020.

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Discovery

CoinDesk Podcast Network

Binance’s Reported Russia Risk; Coinbase Squares Circle

The most valuable crypto stories for Tuesday, August 22, 2023.

Aug 22, 2023

Consensus Magazine

Meet Botto, the AI-Artist That Mints Its Own NFTs

Botto is part AI, part human community, part DAO, and part experiment on the way to artistic singularity. Jeff Wilser meets its creator, Mario Klingemann.

Aug 22, 2023

Consensus Magazine

PayPal’s Real Stablecoin Strategy: It Wants to Earn Interest on Your Deposits

While it seems positive for crypto, the PYUSD stablecoin will benefit PayPal’s own coffers most of all.

Aug 9, 2023

Consensus Magazine

The End of the End of Crypto

Market sentiment is improving. And even the New York Times is fair-minded.

Aug 16, 2023

RWA Tokenization: What Does it Mean to Tokenize Real-World Assets?

Traditional finance giants are excited about the idea of putting ownership of assets like precious metals, art, homes and more on the blockchain.

Jul 25, 2023

CoinDesk’s Money Reimagined

Empowering Tomorrow’s Internet | Decentralized Storage and AI in a Changing Data Landscape With Frank McCourt

A short tease of an upcoming new book that explores the evolution of decentralized storage and its potential to rectify Web2’s injustices as AI’s rise and data proliferation underscore the urgency for change.

Aug 17, 2023

Wrapping Up Consensus 2023

Missed Consensus 2023? Catch up on some of the most important conversations here.

May 4, 2023 at 2:39 p.m. PDT

U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry

Trending in Crypto

Aug 23, 2023

A generally bearish market has weighed down on XRP prices after a landmark victory by Ripple Labs.

Aug 22, 2023

The FBI released six wallets linked to North Korean hackers Lazarus Group and APT38.

Aug 23, 2023

The team behind the layer 2 Starknet blockchain said that they will also hold a code review on Aug. 31 at a conference in San Francisco.

Aug 22, 2023

Aug 21, 2023

Policy

Finance

MoonPay Offers Binance.US a Solution to Crypto Payments Suspension: Bloomberg

The U.S. exchange’s customers now have the option of buying stablecoin USDT using their debit or credit cards, Apple Pay and Google Pay and converting it into crypto tokens.

Aug 23, 2023

Policy

Australia’s CBDC Likely Some Years Away, Central Bank Says

The report said that in a way a “CBDC could be viewed as an enabling complement to, rather than substitute for, private sector innovation.”

Aug 22, 2023

Policy

Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading

Chastain was found guilty on charges of buying and selling NFTs from collections he knew would later be featured on his former company’s home page.

Aug 22, 2023

Policy

Privacy Mixer Tornado Cash Is an Entity, Judge Says

We have yet another court ruling finding a decentralized autonomous organization is an association.

Aug 22, 2023

Policy

Sam Bankman-Fried Pleads Not Guilty to Latest Indictment

Bankman-Fried’s attorney later deplored Bankman-Fried’s lack of vegan options in prison, saying he was “subsisting on a diet of bread and water” during the hearing.

Aug 22, 2023

Policy

Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says

Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said.

Aug 22, 2023

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