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Finnish Minister Calls for EU Law to Recognize DAOs
Brussels must act to enable smart contracts to take off across the bloc, communications minister Timo Harakka said.

Crypto Markets Today: Bitcoin Holds Strength Above $21K, Congress' FTX Problem
ALSO: Crypto bank Silvergate reports a fourth-quarter loss of $1 billion. Equities closed mixed after big banks’ 4Q earnings reports.

FTX's Failure Highlights Need for Federally Mandated Insurance, Not More Regulat...
There is extensive precedent for requiring companies providing critical infrastructure to get special insurance. Why not require crypto comp...

Latin American Web3 Infrastructure Provider Parfin Raises $15M
The funding round was led by crypto investment firm Framework Venture and included L4 Venture Builder, a corporate venture capital fund back...

FTX Debtors Give Details on Digital Assets Identified So Far
The group has identified $1.6 billion of digital assets associated with FTX.com and $181 million connected to FTX US.

Can Barry Silbert Delay the Inevitable?

Ukraine Deputy Prime Minister: I'll Take Salary in CBDC
Mikhail Fedorov says he wants to make his war-torn country the leading jurisdiction in the world for virtual currency after a successful fun...

CBDCs Are the Future of Money, IBM Exec Says
Live from the World Economic Forum in Davos, Switzerland, IBM executive partner Shyam Nagarajan discusses why a hybrid model could drive wid...

Crypto Marketing Needs to Change. Let’s Make 2023 the Year for Influencer Accoun...
FTX was just like the ill-fated Fyre Festival: a hollow project fueled by mendacious influencer marketing, says Oxygen's Nemo Yang.

Crypto Developers Grew in Numbers Amid Bear Market, VC Firm Electric Capital Say...
Developers are mainly focusing on alternative ecosystems to Bitcoin and Ethereum, helping them grow faster, the VC firm said in a report.

Polygon Completes Hard Fork to Reduce Gas-Fee Spikes, Disruptive Reorgs
The software upgrade to the Ethereum scaling project went live on Tuesday and included two proposals from December that Polygon validator te...

South Korea Launches Metaverse Replica of Seoul
As part of a three-year effort to expand its public services, Metaverse Seoul will allow users to take their avatars to tax offices, access...

Solana Foundation, Ripple, GBBC and Others Form Partnership to Promote Crypto So...
The crypto-climate coalition is trying to come up with interoperability principles and business cases.

Ethereum Startup Obol Labs Raises $12.5M to Decentralize Validators
Co-led by Pantera and Archetype, the funding round is targeted towards building out decentralized validator technology (DVT) on Ethereum.

Congress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses
More than one in three of the 535 senators and representatives in the U.S. Congress showed up to the new session with FTX baggage, having re...

Crypto Lender Nexo Sues Cayman Island's Regulator for VASP Registration
Nexo has sued the Cayman Islands Monetary Authority to overturn its rejection of Nexo's application to register as a virtual asset services...

Introducing the Consensus Blog

HashKey Capital Raises $500M for Third Crypto Fund
The firm will back blockchain projects that could achieve mass adoption.

Fidelity-Backed Exchange OSL Cuts Workers Amid Ongoing Crypto Winter: Bloomberg
The number of layoffs at the Hong Kong crypto exchange was not specified.

Developers Keep the Candle Burning During Chilly Crypto Winter
A new report released by Web3 developer platform Alchemy suggests that while this past year saw token trading slow, the number of smart cont...

First Mover Americas: Three Arrows' Founders Take Slingshot From Crypto Communit...
The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 17, 2023. First Mover is CoinDesk’s daily newsletter that con...

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