Privacy Concerns Dominate CBDC Discussion at Consensus 2023

Some Consensus 2023 participants argue that the economic benefits of CBDCs are not worth the threats to privacy in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.Source

Introducing CoinDesk’s First-Ever ‘Consensus @ Consensus’ Report

Based on intimate, curated group discussions that took place at Consensus 2023, it covers a wide range of pressing issues for the digital assets industry.Source

El Salvador’s Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine

The 241 MW site will be powered by wind and solar energy.Source

Binance Executive Controlled Bank Accounts Belonging to U.S. Wing in 2019-20: Reuters

Binance.US has always claimed to be independent from Binance, a stance that may come under scrutiny following this news.Source

New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing

Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).Source

3 Reasons Why Beauty on the Blockchain Makes Sense

Through new forms of digital artistry and cutting-edge technological innovation, today’s leading beauty companies hope to reach Web3-native consumers, create meaningful experiences and perhaps even clean up their supply chain.Source

First Mover Americas: Is Bitcoin Heading Below $26K?

The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan

The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.Source

JPMorgan, 6 Indian Banks to Settle Dollar Trades on Onyx Blockchain System: Bloomberg

The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week.Source

Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

The embattled crypto lender’s ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted.Source