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Defunct cryptocurrency exchange Hodlnaut will be wound up, according to a note from the company’s former interim judicial managers, Aaron Lee and Angela Ee.

Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement.

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 10, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto lender Celsius secured approval for its reorganization plan from a bankruptcy court on Thursday, marking an end to an ordeal that began when it filed for bankruptcy in July last year.

Cryptocurrency exchange Poloniex has had its hot wallets drained by hackers with an estimated loss of around $60 million.

Previously clients would need to set standing orders for payments to take place at a particular time; now they can program them to kick in when the relevant criteria are met.

BTC prices have doubled this year amid a spot ETF push by prominent traditional finance firms.

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Saylor’s business software company, MicroStrategy, held more than 158,000 bitcoins as of Friday.

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Fees spiked to as high as 270 gwei late on Thursday, the data shows, temporarily touching a level last seen in June 2022.

The news comes a day after HSBC, one of the world's largest banks, said it plans to start a digital-assets custody service for institutional clients.

CME's rise to the top rank highlights the growing institutional demand for bitcoin, as the venue is almost exclusively used by large traditional financial institutions, one analyst noted.

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Bitcoin hit an 18-month high near $38,000 before pulling back sharply.

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The world's largest asset manager already made waves by seeking to list a bitcoin ETF

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Asset management giant BlackRock registered a Delaware company for a spot ether trust, fueling speculations about a potential ETF filing.

In this week's issue of Crypto for Advisors, learn how brands are leveraging blockchain to innovate loyalty programs.

The new fund will focus mainly on early-stage crypto projects, participating in seed-stage and Series A funding rounds.

BlackRock declined to comment on the filing.

The final version of the bill's text, reviewed by CoinDesk in July, revealed that it contained a smart-contract kill switch clause.

The new “staking principles,” published by the Proof of Stake Alliance, aim to ensure consumer protections and promote innovation. Signers include Lido, Coinbase, Rocketpool, Blockdaemon.

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Polygon Labs is offering a total of 110 million of its native token, MATIC, to projects in DeFi, gaming and social media, among others.

FTT, the native token of defunct cryptocurrency exchange FTX, has surged by 90% following comments from SEC chairman Gary Gensler in relation to a potential reboot of the exchange that collapsed one year ago.

Bonk took center stage in the Solana ecosystem in January as sentiment around the blockchain network took a hit in the aftermath of the Sam Bankman-Fried and FTX exchange debacle.

India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.

COIN, MSTR, HOOD and mining stocks were all showing upward movement in pre-market trading after BTC rose to its highest level in 18 months.

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As the spot ETF narrative hogs the limelight, the U.S. Treasury's recent decision to slow the pace of bond sales and worsening economic and geopolitical issues silently strengthen the bullish case in bitcoin.

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We weren't really sure if it was the last day or not. The jury determining Sam Bankman-Fried's fate had begun deliberating the charges just a few hours before, after Judge Lewis Kaplan had spent much of the morning and some time after lunch reading out a 60-page charging document. Surely a case of this complexity – seven different charges, billions of dollars allegedly stolen, questions about whether witnesses were telling the truth – would take a while.

Huobi token [HT], the native token of cryptocurrency exchange HTX, has surged to a five-month high of $2.95 following a rapid increase in trading volume.

Rumors are persistent that the next Grand Theft Auto will have a GameFi element. Lawyers aren't so sure, but there's a catch.

SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in UAE and focus on firms in market infrastructure, risk and compliance, DeFi and tokenization.

The DEX previously said traders lost a significant amount of ADA due to a “misunderstanding” about how the platform operates, but confirmed it would refund losses at the time.

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Policymakers from the Group of Seven advanced nations agreed to collectively coordinate scanning for early warning signs that may tip competition in digital markets.

India's Central Bureau of Investigation (CBI), the premier investigating police agency in the nation, has appointed digital asset custodian Liminal to manage seized digital assets.

The one-month call-put skew has risen above 10%, indicating a strongest bullish bias in 31 months.

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Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices.

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The fund continues to sell GBTC as shares have rallied 235% this year, outperforming bitcoin and traditional risk assets.

Numerous participants exhibited signs of photokeratitis, an ailment resulting from ultraviolet (UV) light exposure, after last weekend's event.

Bitwise's CIO sees future upside to bitcoin's price as the world's largest digital asset has 30% this month.

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As the U.S. House of Representatives weighs legislation on next year's spending, a provision was added on Wednesday that would deprive funding from U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto businesses.

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 9-15, with live updates throughout.

Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.

The miner sees yearly mining power guidance exceeding/TKTK 23 EH/s this year.

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Proposed coalition of professional researchers could help "accelerate decision-making" at the Ethereum layer-2 project, but complaints have surfaced over the cost and potential conflicts of interest.

Polygon's MATIC and Chainlink's LINK led altcoin gains Wednesday afternoon.

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The U.S. Securities and Exchange Commission (SEC) has opened talks with Grayscale Investments on the details of the company's application to convert its trust product GBTC to a bitcoin spot exchange traded product (ETF), according to a person familiar with the back-and-forth, which could have momentous implications for the crypto industry.

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The Securities and Exchange Commission (SEC) has one last short window, an eight-day period starting Thursday, if it wants to approve all 12 spot bitcoin (BTC) ETF applications this year, Bloomberg analysts wrote in a note on Wednesday.

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In this week's edition of The Protocol newsletter, we explain how Kraken is reportedly considering launching its own layer-2 blockchain, following Coinbase's recent launch of a similar network, amidst a broader trend of companies creating Ethereum-based transaction solutions.

Higher fees are also boosting bottom lines for the industry's beleaguered miners, 21Shares noted.

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For stablecoins to be able to be used as a means of exchange they should be able to maintain their value during the day, economists at the Bank for International Settlements said.

Andy Baehr, managing director at CoinDesk Indices, explains how understanding and measuring Ethereum's integrated staking rate is key to driving innovation and acceptance of ETH-based financial products.

Jordan Tonani from The Index Coop shares how the next bull-run will see more liquidity going into on-chain structured products.

"It's no secret that I have a wallet with 250,000 Ethereum units," Lõhmus said in an interview with Estonian national radio channel Vikerraadio in late October.

The Financial Conduct Authority (FCA) on Monday published a discussion paper with proposals for a stablecoin regime. Though the country’s Conservative government has said it wants the U.K. to be a crypto hub and has managed to push through legislation that lets stablecoins be regulated as a means of payment, the FCA has been a strict regulator and it will do most of the supervision work involving the broader crypto sector.

The CEO of Edge & Node shares how The Graph network is supposed to help organize data for other protocols.

The project's new "NEAR DA" aims to provide an alternate venue that could handle data produced by Ethereum's fast-growing network or auxiliary blockchains or "layer-2 networks."

The aim of the tie-up is to allow for greater interoperability across chains.

The feature went live on main network blockchain two months after it was released on testnet.

Ritual's aim is to open access to the infrastructure that lies behind AI innovation, which at present "lies in the hands of a few powerful companies."

Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said.

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The bank's Hong Kong unit can now deal in and distribute securities, including virtual assets-related products.

Excluding memecoins, some 293 new tokens were added to the CoinMarketCap website, less than a fourth what was added during the bull market of late 2021, according to new data compiled by the smart-contract auditor CertiK.

Such rewards have been made possible as the platform was the biggest recipient of Arbitrum’s arb (ARB) token grant following a community vote in October.

Central banks will have a limited role to play relative to the private sector in CBDC issuance, the group's general manager Agustín Carstens said.

The platform, planned for 2024, complements its new offering for tokenized gold as well as one for issuing digital assets.

"We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, " Two Prime's Alexander Blume said.

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TrustWallet's native token [TWT] has plunged over the past few hours after Binance, the exchange that acquired TrustWallet in 2018, releases its own competing web3 wallet.

The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.

Cryptocurrency exchange Binance has released its web3 wallet that can be used to interact with the decentralized finance (DeFi) ecosystem.

Coatue also marked down its stake in MoonPay by 90%

Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.

Half of the 2023 sanctions from the U.S. Commodity Futures Trading Commission (CFTC) targeted digital assets companies and individuals, according to the agency's annual enforcement snapshot released on Tuesday.

The crypto trading platform for EU will start in "coming weeks."

A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.

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The U.S. Treasury Department and IRS are poised to bring fresh crypto tax reporting rules into effect. The crypto industry largely seems opposed – the majority of comments I read urged caution or raised concerns about the proposal as written while only a relative few seemed to support it.

The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether's bullish outlook.

The blockchain indexing protocol released a new roadmap to add features, in one of the project's biggest upgrades since a $50 million fundraising in 2022.

Tokenization of assets could be the answer to the risky complexities of settling the movement of funds and securities, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency.

Summary of blockchain project fundraising for the week of Oct. 30 to Nov. 3. Highlights included a $12M raise for Ekubo Protocol and $6.3M for the AI-based blockchain project Modulus.

The announcement comes as Celestia's recent launch and airdrop has kindled interest in "modular" blockchain projects that can relieve the burden on primary networks like Ethereum.

Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation.

The foundation claims that this will be the first ZK rollup that enables sharding, combining two popular scaling technologies.

While the overall crypto market remains down from its highs during the bull run of 2021 and 2022, there are several bright spots. Here, according to CoinDesk Indices, are the ones to watch.

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“We are providing a gateway to staking without stepping in the middle or taking any revenue or profit,” founder Akbar Thobhani said.

Coinbase has added four national security experts, including former U.S. Secretary of Defence Dr. Mark T. Esper, to its Global Advisory Council.

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Issuance, circulation, and offering trading of "unsecured digital assets" is prohibited outside the country's financial center under laws that came into effect earlier this year.

SHIB and DOGE have seen highest percentage growth in futures open interest since Nov. 1, outshining bitcoin and ether in a sign of increased investor risk appetite in the crypto market.

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The story of "United States v. Sam Bankman-Fried" isn't quite over yet. Now that he's been found guilty on seven different charges, a few different things are going to happen.

Traders continue to point out bitcoin’s supposed role as ‘digital gold,’ amid economic headwinds in the U.S., as a possible price catalyst.

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The infleuncer formerly known as Bitboy has filed a lawsuit against several executives at his former employer alleging threats and coercion, and is asking for his Lamborghini back.

The Ordinals protocol lets users issue tokens, artwork, text, audio and video on the Bitcoin blockchain.

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The "multi-million dollar" acquisition gives Austria-based Blockpit a footprint in the U.K.

Developers are trying to capture a piece of the global asset tokenization market as part of a new product in the Floki ecosystem.

The crypto exchange de-listed Bitcoin SV (BSV) in 2021. Now, it's completely removing support for the token.

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The crypto exchange is still considering which blockchain developer should build its network, with Polygon, Matter Labs and the Nil Foundation in the mix, according to people familiar with the situation. Rival crypto exchange Coinbase blazed the trail with Base.

Altcoins posted gains of 5%-10% on Monday while bitcoin (BTC) treaded water near $35,000 as investors ventured into riskier tokens as calls for an altcoin season emerge.

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