Cryptocurrency Analysis and News Portal
ALSO: Five CryptoX journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead, most notably, regulatory uncertainty. Source
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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. Original Source
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ALSO: Although Do Kwon is in a lot of trouble, his lawyers have raised a legitimate issue about crypto regulation in the U.S, and the SEC’s quest for unlimited jurisdiction over the asset class. Source
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United States-based cryptocurrency exchange Gemini announced the establishment of a new engineering hub in India with plans to tap into the country’s pool of top tech talent.In an April 20 statement, Gemini’s Global CTO Pravjit Tiwana announced Gemini is “in the midst” of opening an engineering center in Gurgaon, India.
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ALSO: CryptoX columnist Daniel Kuhn considers the European Parliament's passage of crypto rules, which come as U.S. regulatory agencies seem to be backtracking in their efforts to find an effective regulatory approach. Source
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Australia, the country that hosts the third-largest network of Bitcoin (BTC) ATMs, surpassed the continent of Asia in terms of the total number of crypto ATMs installed.Since the beginning of 2023, Australia has been on a crypto ATM installation spree, climbing from fifth to third in January alone. Data from Coin
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ALSO: CoinDesk's Consensus Magazine unveils its latest special project, spotlighting 19 blockchain, crypto and Web3 projects to watch in 2023; ether dips to $2,070. Original Source
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Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CryptoX columnist considers Shapella's immediate and potential long-term impact. Source
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ALSO: Crypto exchange Bitget's $100 million fund targeting Web3 comes as Hong Kong eases crypto regulations and a number of East Asian countries have been promoting crypto. Source
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The US Government is putting the squeeze on crypto. Recently they shut down two banks that were friendly to crypto and acting as bridges between trading exchanges and the real world. These were Silvergate and Signature Bank of NY. These closures follow some events that might appear coordinated to some
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