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CoinDesk

Leading the conversation on cryptocurrencies, markets, regulations and the next generation of investing. Contact: @GlobalManagementBot

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The Voice of Layer 1s Is Needed in Washington Industry leading layer 1 blockchains must collaborate on policy engagement, delivering a uniform message that regulatory clarity is needed beyond Bitcoin and Ethereum.
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The Psychological Differences Between Bitcoin and Ethereum Governance An attempt to bridge the gap between good-faith advocates of both networks and show how the two largest crypto networks’ development processes matter for long-term success.
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Argo Blockchain Suspends Trading in US Shares for 24 Hours The company said earlier this month it was close to restructuring without having to declare bankruptcy.
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Crypto Lender Nexo Canvasses Vauld Creditors Directly With Final Takeover Offer In an open letter, the firm said earlier offers were misrepresented and it wanted to deal directly.
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First Mover Asia: Bitcoin Ho Ho Holds Near $16.9K Bitcoin held steady throughout the Christmas holiday weekend at about $16.9K; most other major cryptos were flat, although tinted more green than red. Also: CoinDesk columnist David Z. Morris considers an upside to this year's various crypto industry debacles.
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Solana’s Top NFT Projects DeGods and Y00ts to Migrate Chains DeGods will bridge over to Ethereum while its sister project Y00ts will move to Polygon with a grant from the layer 2's partnership fund.
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Defrost Finance Says Hacked Funds Have Been Returned The hack, which some observers had characterized as a rug pull, was estimated to have netted $12 million.
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From Degen to Regen: How Web3 Started Playing Positive-Sum Games
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Crypto Lender Vauld Calls Off Potential Acquisition by Rival Nexo The two started negotiations earlier this year and signed an initial agreement in July.
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Bitcoin Miners Powered Off as Winter Storm Battered North America Computing power on the Bitcoin network dropped about 40% over the weekend.
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