05 Sep 2024
Siemens and Samsung ramp up Web3 moves with digital bonds and startup investments
Two major technology companies—Siemens and Samsung—have made significant strides in the crypto sector, each advancing their involvement in different ways. Siemens issues €300 million digital bond. German technology giant Siemens launched its second digital bond, valued at €300 million, on a public blockchain, according to a Sept. 4 statement. Read more
Siemens Issues $330M Digital Bond on Private Blockchain with Major German Banks Including Deutsche Bank
The issuance was the company's first digital bond with fully automated settlement, building on last year's issuance on the Polygon network. Read more
The Protocol: The Secret Code Behind Trump Family Crypto Project
In this week's issue of CoinDesk's weekly newsletter on blockchain tech, we've got the secret details underpinning the former president's plan for World Liberty Financial, as well as the rankings of which tokens performed the least-poorly in ugly August crypto markets. Read more
A Hunt for Yield: The Next Chapter in Crypto Portfolio Optimization
The fallout from the 2022 crisis has pushed the industry to innovate. One of the most promising developments has been the rise of tokenized money market funds. These funds offer a way to generate yield, says Jason Liebowitz, Head of Private Wealth at Hashnote. Read more
CoinDesk 20 Performance Update: MATIC Plunges 6.9%, Leading Index's Decline
Index stumbles 2.1% with Polygon leading declines, while Uniswap and Litecoin remain in green. Read more
Binance Hires UK-Based Accounting Firm Grant Thornton to Advise on Audits
Binance has hired U.K.-based Grant Thornton to advise on accounting and tax matters, it announced Wednesday. Read more
First Mover Americas: Bitcoin Drops to Lowest Since August as U.S. Stocks Slide
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more
The Sandbox's Largest Market for Creators Is Now India: Co-Founder Sebastien Borget
India is Metaverse platform The Sandbox's largest market for creators with users numbers doubling in less than a year, co-founder Sebastien Borget told CoinDesk in an interview. Read more
Illiquid Bitcoin Is Now Record 74% of BTC's Circulating Supply. That's Bullish
According to ETC Group, the new high is a sign that the halving-induced supply shock is intensifying. Read more
Bitcoin transactions dive 30% in 6 months amid BTC price 'disinterest'
Bitcoin is well and truly stuck, analysis concludes, but there are signs that a BTC price breakout from an increasingly "unstable" range is brewing. Read more
AggLayer will connect all Web3, including L1s like Ether and Solana: Polygon Labs CEO
Polygon’s AggLayer will unite the entire blockchain space to provide “infinite scalability,” according to Polygon Labs’ CEO. Read more
Robinhood reaches $3.9M settlement over blocked crypto withdrawals
Robinhood Crypto LLC has agreed to pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts between 2018 and 2022. Read more
Trump family’s DeFi project wants to ‘ensure US dollar dominance’
The project has teased a partnership and collaboration with DeFi protocol Aave, possibly indicating World Liberty Financial will be built on the Ethereum blockchain. Read more
New regulators are set to define Europe's crypto policies
The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union. Read more
Why is Ethereum (ETH) price underperforming compared to wider crypto market?
Ether price continues to plunge as troubled investors worry about the lack of spot Ether inflows, declining Ethereum network fees and a potential tech stock bubble bursting. Read more
Bitcoin investors ‘relatively profitable’ even as the bull market takes a pause
A growing number of short-term Bitcoin traders’ positions are held at a small loss, but data shows a healthy market when compared to previous bull cycles. Read more
Price analysis 9/4: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin bulls are attempting to keep the price inside the current range, but BTC's growing weakness could eventually lead to new lows under $49,000. Read more
Bitcoin still 10% down post-halving amid record delay to all-time high
Bitcoin is simply too slow to preserve historical norms this time around, trader Peter Brandt concludes in a frank appraisal of BTC price performance. Read more
Spot Bitcoin ETFs Extend Negative Streak, Ethereum ETFs Back in Red
The Bitcoin ETFs are in their worst streak since late April/early May. Read more
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