Leaders in Decentralized Identity Slam Soulbound Tokens
On a panel discussing how to protect your identity, the consensus was that SBTs were absolutely the wrong path.Source
UK Charities Offered Guidance for Accepting Crypto Donations
Nonprofits need to weigh up the risk of volatility and hacks, and follow money laundering norms, the Charity Commission said.Source
Bitcoin Market Impact From Mt. Gox Repayments Will Be Limited: Matrixport
Not all the stolen bitcoin was recovered, so only a fraction of the original amount held by creditors will be compensated, the report said.Source
Bitcoin’s ‘Estimated Leverage Ratio’ Hits Lowest Since December 2021
The estimated ratio indicates how much leverage is used by traders on average, according to CryptoQuant.Source
DEX Merlin and CertiK Plan to Compensate $2M to Users Impacted in Rugpull
A rogue developer behind the hyped launch allegedly conducted the rugpull on Wednesday.Source
Bitcoin Volatility Hits Longs and Shorts as $175M Liquidated, $1B in Open Interest Wiped
Few leveraged futures traders were safe as bitcoin’s price movements impacted both longs and shorts.Source
First Mover Asia: Bitcoin Seesaws Wildly Before Settling Above $29K
ALSO: Writing about different sessions at Consensus 2023, CoinDesk columnist Daniel Kuhn considers the difficulty that the builders of decentralized finance (DeFi) and financial regulators are having in finding linguistic common ground.Source
Ex-a16z Engineering and Security Heavyweights to Start Crypto Custody Firm: Source
a16z’s former CTO, Riyaz Faizullabhoy, and former CISO Nassim Eddequiouaq have the blessing and seed backing of the venture capital giant, a person familiar with the plans said.Source
Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree
In a wide ranging conversation, four crypto industry senior executives discussed what’s next in the digital asset market’s evolution.Source
Bitcoin Could Be ‘Great’ Investment for IRA or 401K Plans
Retirement accounts offer tax-free crypto investing forever and provide an effective way to lower overall portfolio risk said ForUsAll CEO David RamirezSource