Bitcoin channel

2023-02-17 23:00:37 MicroStrategy Has Raised $46.6M Through Share Sales Since September
https://www.coindesk.com/business/2023/02/17/microstrategy-has-raised-466m-through-share-sales-since-september/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The company in September issued a prospectus for the sale of up to $500 million in common stock. Open / Comment

2023-02-17 22:59:47 Crypto Has an Incest Problem
https://www.coindesk.com/policy/2023/02/17/crypto-has-an-incest-problem/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Court filings reveal complex interlocking relations between major crypto firms – with implications for the ecosystem’s resilience, and for customers owed money. Open / Comment

2023-02-17 22:59:01 Trader Front-Runs Gains Network's Listing on Crypto Exchange Binance to Profit $100K
https://www.coindesk.com/business/2023/02/17/trader-frontruns-gains-networks-listing-on-crypto-exchange-binance-to-profit-100k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A trader bought $208,000 worth of Gains Network (GNS) tokens less than 30 minutes before the token was listed on Binance, making a profit of $106,000 according to blockchain sleuth Lookonchain. Open / Comment

2023-02-17 22:58:23 Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy
https://www.coindesk.com/business/2023/02/17/celsius-failed-to-record-some-7000-intercompany-transfers-worth-billions-leading-up-to-bankruptcy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's intercompany claim, court filings show. Open / Comment

2023-02-17 22:38:33 First Mover Americas: Lido DAO’s Governance Token Jumps 17%
https://www.coindesk.com/markets/2023/02/15/first-mover-americas-the-sandbox-is-up-on-saudi-arabia-partnership-news/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Open / Comment

2023-01-19 05:04:40 First Mover Asia: FTX’s Illiquid Holdings Filled With Tokens That Sit in Venture Funds in Which It Invested; Bitcoin Falls Below $21K
https://www.coindesk.com/markets/2023/01/19/first-mover-asia-ftxs-illiquid-holdings-filled-with-tokens-that-sit-in-venture-funds-in-which-it-invested-bitcoin-falls-below-21k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A good portion of FTX's illiquid tokens can be found on the balance sheet of funds, including Sino Global and Multicoin Capital. FTX invested in these funds, and their names often appear alongside FTX as co-investors in projects. Open / Comment

2023-01-19 02:53:18 Crypto Technology’s Impact Goes Beyond Crypto Technology
https://www.coindesk.com/consensus-magazine/2023/01/18/crypto-technologys-impact-goes-beyond-crypto-technology/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Token-based fundraising can help more than underserved markets, projects and entrepreneurs, says CoinDesk columnist Noelle Acheson. It can also help other new technologies evolve. Open / Comment

2023-01-19 02:52:18 Crypto Lawyers Share Blame for FTX, Other Disasters, CFTC Commissioner Says
https://www.coindesk.com/policy/2023/01/18/crypto-lawyers-share-blame-for-ftx-other-disasters-cftc-commissioner-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Lawyers, accountants and other financial professionals should have stepped in to halt the fatal mistakes going on inside crypto firms such as FTX long before they imploded, said Christy Goldsmith Romero, a commissioner with the U.S. Commodity Futures Trading Commission (CFTC). Open / Comment

2023-01-19 02:51:17 ConsenSys Confirms Job Cuts; CEO Lubin Touts a Win for Decentralization Over 'Ridiculous' CeFi
https://www.coindesk.com/business/2023/01/18/consensys-confirms-job-cuts-ceo-lubin-touts-a-win-for-decentralization-over-ridiculous-cefi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A total of 97 employees, or 11% of the workforce, will be affected, according to a blog post by the CEO. Open / Comment

2023-01-19 02:50:17 Lido’s Total Value Locked Spiked 33% In Past Month, Becoming Largest DeFi Protocol by TVL, Says DeFiLlama
https://www.coindesk.com/markets/2023/01/18/lidos-total-value-locked-spiked-33-in-past-month-becoming-largest-defi-protocol-by-tvl-says-defillama/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Users have deposited $7.8 billion into Lido to reap rewards for the protocol’s community-led validator staking service, heating up the liquid staking derivatives space. Open / Comment