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Indian Crypto Exchange CoinDCX Is Slashing 12% of Jobs Amid Bear Market, Crypto Taxes

One of India's most prominent cryptocurrency exchanges, CoinDCX, is cutting about 12% of its staff as the prolonged bear market and India's tax policies hit revenue. CoinDesk regulatory reporter Amitoj Singh breaks down how crypto services are impacted by the stiff taxes India has imposed on the industry.

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Securitize CEO on Onramp Acquisition, Future of Asset Tokenization

Asset tokenization firm Securitize has acquired digital asset wealth platform Onramp Invest to extend its offering to registered investment advisors (RIAs). Securitize CEO Carlos Domingo discusses the details of the acquisition and possible plans for further expansion, as part of an ongoing push to tokenize real-world assets.

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Spot Bitcoin ETF in the U.S. Will Facilitate Flow of 'New Money' Into Bitcoin: ETC Group CSO

Bitcoin (BTC) is holding firm around $26,000 after a massive sell-off last week. ETC Group chief strategy officer Bradley Duke shares his crypto markets analysis and thoughts on what could happen if the U.S. sees a spot bitcoin ETF approved.

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FTX's Sam Bankman-Fried Is the 'Problem,' Not His Lawyers: Former Federal Prosecutor

FTX founder Sam Bankman-Fried is back in court on Tuesday, getting arraigned on the most recent version of his indictment. Renato Mariotti, Bryan Cave Leighton Paisner LLP partner and former federal prosecutor, discusses what to make of the latest developments. The problem is "not the lawyers, it's Sam Bankman-Fried," Mariotti said. 

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Friend.tech Takes Base by Storm; Layer 1 Blockchain Terra Says its Website Was Compromised

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as layer 1 blockchain Terra warns users to avoid using its website after being targeted by a phishing attack. Ethereum co-founder Vitalik Buterin deposited roughly $1 million worth of ether (ETH) to Coinbase. And, a closer look at the hype swirling around new social tokenization protocol Friend.tech.

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Bitcoin and U.S. Real Yield Notch Strongest Inverse Correlation in Four Months

Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months. Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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NFT Platform Recur to Wind Down Due to 'Unforeseen Challenges' in Business Landscape

NFT startup Recur announced plans to shut down its Web3 platform due to "unforeseen challenges and shifts in the business landscape," according to a recent post on X (formerly Twitter). This comes after Recur had a $50 million Series A funding round back in 2021. "The Hash" panel weighs in on the state of NFT markets as the crypto winter drags on.

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Billionaire Investor Mark Cuban Says OpenSea Making NFT Creator Fees Optional Is a 'Huge Mistake'

NFT marketplace OpenSea plans to "sunset the OpenSea operator filter" and "move to optional creator fees on all secondary sales for new collections," according to a recent post on X (formerly Twitter). Billionaire investor Mark Cuban called the move a "huge mistake" as an OpenSea investor. "The Hash" panel shares their reactions and what this could mean for Web3 creators.

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Why Did Ethereum Co-Founder Vitalik Buterin Send $1M Worth of Ether to Coinbase?

Data from Ethereum blockchain scanning website etherscan shows that Vitalik Buterin deposited 600 ether (ETH), which is worth roughly $1 million, to crypto exchange Coinbase. "The Hash" panel discusses the potential reasons behind the Ethereum co-founder's recent transaction.

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Friend.tech Interest Grows as Social Platform Gains 100K Users in Days

Friend.tech, which lets X (formerly Twitter) personalities issue shares on its app for access to a closed group chat, has made over $1.04 million in fees, set at 5% of the value of each transaction over the past 24 hours. "The Hash" panel discusses the increasing interest in the social tokenization protocol as NBA player Grayson Allen and a FaZe Clan co-founder join the platform.

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