Record WBTC Mint Completed by Three Arrows Capital as Demand for Bitcoin on Ethereum Continues to Grow

Fijian archipeligo (NASA, modified by CoinDesk)The Digital Archipelago: How to Build an Internet Where Communities ThriveThe internet of today isn’t the independent territory it was originally imagined to be. For ordinary people “the internet” is just a bunch of apps made by giant companies. These companies do whatever they want with your data, disappear when…

Jun 7, 2020 at 21:51 UTCUpdated Jun 7, 2020 at 21:52 UTCJohn Perry Barlow in 2008 (photo by Jessica Louise Bernard via Flickr Creative Commons)Crypto Long & Short: Bitcoin’s Quiet Progress Is Pointing Toward a Better FutureThe tensions that have spilled over into the streets of U.S. cities this week are a heartbreaking expression of…

We’re heading into an election year and crypto’s moment on the campaign circuit seems imminent.On March 20, Florida Gov. Ron DeSantis, a Republican who will likely seek the GOP nomination for president, announced legislation to prohibit the use of a federally controlled central bank digital currency, or CBDC, in the state. Soon after, Sen. Ted…

Michael Saylor's MicroStrategy (MSTR) bought 12,333 bitcoin (BTC), for $347 million in cash, between April 29 and June 27, the company said on Wednesday.With the most recent purchase, MicroStrategy now holds 152,333 bitcoin, worth over $4.6 billion at current prices.The company, which was founded by crypto billionaire Michael Saylor, is one of the largest HODLers…

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest Prices(CoinDesk)Top StoriesBitcoin fell below $67,000 during the European morning, extending a drop from $72,000 that commenced on Friday. The decline follows $65 million in cumulative outflows from

NEWS Timing is everything, even in crypto. That’s why a notable pioneer in consumer bitcoin mining is backing a startup seeking to take another stab at popularizing at-home crypto mining, a business with a long history of abrupt ends for early entrants that includes some of the industry’s best known busts (Butterfly Labs, Alpha Technology…

The company behind Polygon Zero, the Ethereum scaling solution, said in a tweet on Thursday that Matter Labs, the firm behind the zkSync rollup, copied part of Polygon’s open-source code without providing attribution.Blockchain projects frequently release their code under open-source software licenses, meaning outside developers are allowed to read, copy, and even (in some cases)…

The nightmare of every NFT collector is losing their seed phrase. It’s hard to see a hacker steal your non-fungible tokens (NFTs), but it’s harder to see them sitting in a dead wallet, because you’ve got no one to blame but yourself.Even worse, stolen NFTs can be recovered, but a dead wallet is forever. The

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesPrices of the ORDI token tied to the Bitcoin Ordinals protocol surged 50% in 24 hours after it was listed on the crypto exchange Binance as