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Celsius Secures Court Approval to Process Certain Customer Withdrawals, Flare Token Airdrop

Bankrupt crypto lender Celsius Network secured approval to process certain customer withdrawals, several court orders filed on Tuesday show. The U.S. bankruptcy court also authorized eligible XRP holders to receive Flare tokens due under a prior agreement.

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'Bitcoin Jesus' Says He Has the Money to Pay Crypto Lender Genesis

Roger Ver, the blockchain-industry veteran once known as “Bitcoin Jesus” thanks to his early evangelism for the cryptocurrency, said Wednesday that he has “sufficient funds” to make good on payments allegedly owed to the crypto lending firm Genesis Global. Genesis is a subsidiary of Digital Currency Group (DCG), a crypto conglomerate that also owns CoinDesk.

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DCG-Owned Luno Slashes 35% of Staff

Cryptocurrency exchange Luno is cutting 35% of its workforce, citing the "incredibly tough year" affecting the crypto market. "The Hash" panel discusses the latest fallout of crypto winter, as an estimated 29,000 jobs have been cut across the crypto industry since April of last year. Luno is owned by Digital Currency Group (DCG), which is also the parent company of CoinDesk.

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Crypto Council for Innovation Exec: US 'Lagging Behind' in Crypto Regulation

As the European Union's sweeping Market in Crypto-Assets legislation, also known as MiCA, is moving towards becoming law, Linda Jeng, Chief Global Regulatory Officer at the advocacy group Crypto Council for Innovation, discusses the global state of crypto policy. "If [the U.S.] wants to be the leading digital economy of the world, then we need rules of the road," Jeng said. "Not just for crypto, but also for our private data."

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Culture and Entertainment Sector Leads CoinDesk Market Index Week-on-Week

Prosper Trading Academy Cryptocurrency Educator Howard Greenberg shares insights into the CoinDesk Market Index as the Culture and Entertainment sector leads, while the Smart Contract Platform sector lags week-on-week.

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QuickNode Raises $60M in Series B at $800M Valuation

QuickNode, a development platform that helps Web3 builders create apps, has closed a $60 million Series B funding round at an $800 million valuation to become the "AWS of blockchain." QuickNode co-founder and CEO Alex Nabutovsky discusses raising funds in a crypto winter and the differences in working with Web2 and Web 3 companies in their customer base.

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Latest ‘Shadow Fork’ Brings Ethereum a Step Closer to Its Shanghai Upgrade

Ethereum developers said they successfully created a copy of the blockchain to provide a testing environment ahead of the much anticipated Shanghai upgrade. CoinDesk Ethereum Protocol Reporter Margaux Nijkerk discusses the significance of this "shadow fork" and what the new upgrade could mean for the protocol and ETH staking firms.

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Dogecoin, Ether Lead Crypto Market Slide

The crypto market slid in the past 24 hours as traders likely took profits after weeks of an uptrend, with ether (ETH) and dogecoin (DOGE) leading the slide among major tokens. Prosper Trading Academy Cryptocurrency Educator Howard Greenberg discusses the catalysts for the pullback, the Coindesk Market Index, and the outlook for bitcoin (BTC).

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How Crypto Developers Are Faring During a Bear Market

Blockchain, crypto, and Web3 developers continued to build out their ecosystems in 2022, even in the face of a brutal crypto winter, according to a recent report from crypto venture capital firm Electric Capital. Electric Capital partner Maria Shen joins "All About Bitcoin" to share insights into the key takeaways from the report and the outlook for the crypto industry.

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Messari Analyst on Catalysts For Bitcoin's Recent Rally

Tom Dunleavy, Senior Cryptocurrency Research Analyst at crypto data firm Messari, discusses the potential factors driving bitcoin (BTC) higher as the cryptocurrency rallies in 2023. Plus, the outlook for miners and a closer look at crypto portfolio management.

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