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Bitcoin Moves Little on the Week Despite Debt Deal, Inflation Concerns

Bitcoin trades flat to move one step closer to logging its first losing month of 2023. Ether rises slightly but also seems headed for a negative May.

May 26, 2023 at 6:55 p.m. UTC

Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl

With facts hard to come by, a coterie of crypto players are taking action.

May 26, 2023 at 4:56 p.m. UTC

CoinDesk Apologizes to Alex Grebnev

May 27, 2023 at 6:45 p.m. UTC

Most Read

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Policy
By Sam Reynolds
May 25, 2023 at 4:14 a.m. UTC
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Consensus Magazine
By Daniel Kuhn
May 25, 2023 at 4:08 p.m. UTC

Consensus 2023 Coverage

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Consensus pic

Wrapping Up Consensus 2023

Missed Consensus 2023? Catch up on some of the most important conversations here.
Consensus pic
Snowden and Goertzel at Consensus 2023
Edward Snowden: Researchers Should Train AI to Be ‘Better Than Us’
The former NSA whistleblower shared his hopes that AI’s intelligence could exceed that of humans and ultimately benefit humanity, despite fears the technology could be co-opted by bad actors. 
Snowden and Goertzel at Consensus 2023
Consensus by CoinDesk, Austin Convention Center, Austin, Texas, USA - 27 Apr 2023
5 Consensus 2023 Takeaways
CoinDesk editorial team members convened to share their insights on the pivotal topics that will influence the future direction of the crypto industry.
Consensus by CoinDesk, Austin Convention Center, Austin, Texas, USA - 27 Apr 2023
U.S. Sen. Cynthia Lummis (left) and Rep. Patrick McHenry (Shutterstock/CoinDesk)
U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry
Rep. Patrick McHenry said the House Financial Services Committee and the Agriculture panel will meet jointly in May as they work on crypto legislation.
U.S. Sen. Cynthia Lummis (left) and Rep. Patrick McHenry (Shutterstock/CoinDesk)

Discovery

CDCROP: The HASH Podcast Graphic

Headlines | Top Stories of the Week 05-22-23

A roundup of the week’s most valuable crypto stories for Saturday, May 27, 2023.

May 27, 2023
Money Reimagined Podcast Cover

‘Flipping the Narrative’: Stories and Statistics of Bitcoin With Troy Cross | Part 2

Exploring the political, economic, and global implications of Bitcoin in this second half of the conversation.

May 26, 2023
(Weiquan Lin/Getty Images)

How Crypto Can Help Secure AI

Rapid advances in artificial intelligence create unique safety challenges. Can skills and approaches honed by the crypto community help make AI safe for humanity?

May 25, 2023
Hendrik Morkel

Is Ledger’s New Bitcoin Key Recovery Feature Safe? Experts Have Doubts

The French wallet-maker believes the service will help attract customers turned off by crypto's unforgiving self-custody ethos. But critics wonder whether the concept is compatible with a real hardware wallet.

May 19, 2023
Gary Lachance, an early dogecoin backer and founder of the Decentralized Dance Party (CoinDesk TV)

The Making of the Doge Documentary

One of the funnest stories in crypto history – Dogecoin – is getting a documentary. Jeff Wilser checks in with Tridog, one of the producers.

May 22, 2023
Consensus by CoinDesk, Austin Convention Center, Austin, Texas, USA - 27 Apr 2023

Consensus Survey: TradFi Investors Remain Bullish on Crypto’s Long-Term Prospects

Despite the market turmoil of the last six months, investment managers say they largely plan to keep putting capital into digital assets, our survey finds.

May 23, 2023

Markets

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Technology

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CoinDesk Turns 10

Facebook CEO Mark Zuckerberg Testifies Before The House Financial Services Committee

CoinDesk at 10: The Ghost of Libra Lives On

Facebook’s ambitious 2019 stablecoin project never went live. But it sure left a lasting impression. This feature is part of our CoinDesk Turns 10 series looking at the biggest stories in crypto history.
Facebook CEO Mark Zuckerberg Testifies Before The House Financial Services Committee
(Sahand Babali/Unsplash, modified by CoinDesk)
The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today
Today’s debates over non-monetary uses of Bitcoin like ordinals and BRC-20 tokens echo the battle between Big and Small Blockers between 2015 and 2017. This article, by Daniel Kuhn, is part of our “CoinDesk Turns 10” series.
(Sahand Babali/Unsplash, modified by CoinDesk)
NYAN CAT Meme (Chris Torres)
CoinDesk Turns 10 – 2020: The Rise of the Meme Economy
As the world locked down for COVID, meme-assets like Dogecoin and Disaster Girl grabbed the attention of a younger generation of retail investors. Three years later, memes are driving value across financial markets. This feature is part of our "CoinDesk Turns 10" series.
NYAN CAT Meme (Chris Torres)
Slock.it founders
CoinDesk Turns 10: 2016 - How The DAO Hack Changed Ethereum and Crypto
The $60 million hack in 2016 led to a controversial revision of the blockchain, and was a factor leading to the ICO boom starting the following year, argues David Z Morris. This feature is part of our “CoinDesk Turns 10” series.
Slock.it founders

Policy

Thailand Flag (Pixabay)

Gulf Binance Clinches Thai Regulatory Approval

The joint venture between Gulf Innova and Binance aims to begin offering crypto services in the country later this year.

May 26, 2023
CDCROP: Binance Logo (Danny Nelson/CoinDesk)

Stablecoins Are the 'Glue' Between the Real Economy and Blockchain: Binance Japan General Manager

Binance Japan may be still "a long way off" its business and activities being properly understood and in gaining regulatory acceptance, said the exchange's Takeshi Chino.

May 26, 2023
Coinmint's 10-megawatt facility in Skyway Plaza. (CoinDesk/Fran Velasquez)

Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’

The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract.

May 26, 2023
Cyber crime law

Crypto Exchange Coinone's Former Exec Acknowledges Bribery Charges in South Korea: Report

A lawyer for the accused reportedly said he admits "the facts of the prosecution," during a May 25 trial hearing.

May 26, 2023
The EU agency warned about crypto (Ralph/Pixabay)

EU Investment Firms Should Clearly State Crypto Is Unregulated, Watchdog Says

Companies that market crypto alongside traditional securities might mislead consumers about access to fair advice and compensation, the European Securities and Markets Authority worries.

May 26, 2023
Brazil flag. (Getty Images)

Brazil's Central Bank Selects 14 Participants for CBDC Pilot

Among those selected are the largest local banks, Visa and Microsoft.

May 25, 2023