Hong Kong Sets Up Task Force for Web3 Development
Hong Kong wants to be a Web3 hub, Financial Secretary Paul Chan said.
Read MoreFirst Mover Americas: Traders Place Big Bets on Ether for Second Half of 2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto
Read MoreCrypto ATM Operator Bitcoin Depot’s Stock Rises 12% in Stock Debut
The company plans to look for acquisition opportunities in the “highly fragmented” market, CEO Brandon Mintz said.
Read MoreBitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say
The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one
Read MoreA New Blockchain for Generative AI?
Web3 architectures aren’t built for AI, but they could be, says Jesus Rodriguez, CEO of IntoTheBlock. And there are risks if we don’t build.
Read MoreBelarus Looks to Ban Peer-to-Peer Crypto Transactions to Reduce Fraud
The east European country is working on legislation to make it harder for fraudsters to get their hands on the proceeds of crime.
Read MoreCoinbase, Microstrategy Shares Rally After Cboe Refiles Bitcoin ETF Applications
Shares in Coinbase, chosen as the market for the surveillance-sharing agreements in ETF applications, rose above $80 at around 11:30 ET on Monday.
Read MoreBored Ape Yacht Club NFT Collection Floor Price Sinks to 20-Month Low
The floor price of the Yuga Labs NFT collection fell to 27.4 ETH, or about $53,000 on Sunday evening before rebounding slightly.
Read MoreHow Central Bankers Are Reshaping the Definition of Money
Central bankers acknowledge that the nature of money evolves with technology, shifting definitions of money with it. But they’re not ready to let innovation occur organically as technology emerges. They
Read MoreBlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
The refiled application by Nasdaq to list a BlackRock bitcoin ETF follows a report last week that the SEC deemed earlier proposals “inadequate” since they didn’t specify the name of
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