Non-Believable Tokens: The 7 Strangest Crypto Collectibles Explained
It started with CryptoKitties, but it keeps getting weirder. CoinDesk takes you on a wild ride through the world of non-fungible tokens.
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Bitcoin Falls Slightly After Fed Rate Hike
Bitcoin’s (BTC) price remained largely unchanged at near $28,500 as the U.S. central bank did what was widely expected and raised interest rates by 25 basis points (bps). The increase sends the Federal funds rate to a target range of between 5% and 5.25%.The largest cryptocurrency by market capitalization was recently trading at around $28,460,…

Energy Giant Equinor to Cut Gas Flaring With Bitcoin Mining: Report
Aug 28, 2020 at 15:04 UTCUpdated Aug 28, 2020 at 15:18 UTCGas flaring on the Bakken oil field (Ken Cedeno/Getty)Publicly traded petroleum multinational Equinor is moving to significantly reduce natural gas flaring by mining cryptocurrency, according to screenshots from Equinor’s intranet received by Arcane Research Friday. A new strategic partnership will see the firm implement…

More Aussies Back Bitcoin, the Underdog
Jan 2, 2021 at 4:00 p.m. UTCMore Aussies Back Bitcoin, the UnderdogIn January this year, the world watched in horror as sky-high fires tore through 44 million hectares of Australian bushland, engulfing property, wildlife and humanity. Then, just as victims were emerging from the ashes, COVID-19 arrived and the local economy went into lockdown. Gross…

Crypto Catalyst Watch: What Might Move Markets This Week
While crypto markets these past few days have mostly reacted to crypto-specific events – mainly the SEC’s lawsuits against Binance and Coinbase – economic news may dominate in the coming week.Tuesday will see the release of the U.S. Consumer Price Index (CPI) for May, with market observers eyeing whether annual headline inflation will slow from…

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs
Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.U.S. Bitcoin Corp (USBTC) has signed multi-year agreements to host 150,000 bitcoin mining machines with major firms including Marathon Digital Holdings (MARA), the firm told CoinDesk.The deals showcase the apparent rebound in the mining industry, which is trying to rise after a rough 2022. Last year's…

Paxos Cuts 20% of Staff: Bloomberg
Paxos has laid off 65 people as it increases its focus on tokenization.CEO Charles Cascarilla wrote in a company email that the firm is in a "very strong financial position to succeed.”Digital assets company Paxos has laid off 65 people, or 20% of its staff, according to a report from Bloomberg.In an all-hands email obtained

U.S., U.K., Australia Sanction Hamas-Affiliated Crypto Transaction Facilitators
The U.S. and other governments are adding a number of Hamas-affiliated financiers to a global financial blacklist, the Treasury Department's sanctions watchdog announced Monday.Australia and the U.K. are joining the U.S.'s Office of Foreign Asset Control (OFAC) in blocking individuals and entities accused of helping Hamas facilitate crypto and non-crypto transactions from the global financial

Someone Just Hacked Binance Jersey’s Twitter Account
news Binance Jersey’s Twitter account was hacked by an anonymous twitter user called @LightningNetwo9. According to tweets posted on Binance Jersey by the hacker, the hacker is a security researcher claiming to operate with altruistic motivations. The hacking was confirmed via Binance Jersey’s telegram account. The hacker claims he could have used the successful hack…