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Massive Earthquake Hits Turkey and Syria
A powerful earthquake struck Turkey near the Syrian border. At least 2,000 people have been killed and thousands more injured. Turkey is a country where crypto adoption has been accelerating recently. CoinDesk will continue to monitor these developments.
A Second US Property Is Sold Via NFT, Roofstock Says
Digital real estate platform Roofstock sold a second property in Alabama through a non-fungible token (NFT). It was enabled by its Web3 subsidiary Roofstock onChain. "The buyer was a Web2 buyer," says Head of Web3 Initiatives Sanjay Raghavan. He explains how the transaction was settled.
FTX Bankruptcy Judge Mulls Request to Appoint Independent Examiner
The U.S. bankruptcy judge overseeing FTX's Chapter 11 proceedings is considering a request by the U.S. Department of Justice to appoint an independent examiner to investigate the exchange's collapse. Murphy and McGonigle Founder James Murphy weighs the pros and cons of an independent examiner and shares his legal analysis.
'Disinflationary' Trends Will Soon Hit a Wall: Analyst
"It's going to be very hard to get to 2% [inflation]," OANDA Senior Market Analyst Edward Moya said, reacting to the U.S. Federal Reserve's latest interest rate hike and Chair Jerome Powell's comments that "disinflation" has started. Plus, he shares insights on how traders are reacting to the "hot" labor market.
FTX Asks Lawmakers to Return Sam Bankman-Fried's Donations
FTX Group is sending "confidential letters" to politicians and other political beneficiaries of Sam Bankman-Fried, his deputies and his companies, asking them to return the money by the end of the month. This comes as Emergent Fidelity Technologies, a firm co-founded by SBF and former executive Gary Wang, filed for Chapter 11 bankruptcy protection. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what we know so far.
Roofstock Onchain Sells Alabama Property Via NFT
Digital real estate platform Roofstock announced last Friday that it sold a rental property in Alabama for $180,000 through a non-fungible token (NFT) enabled by its Web3 subsidiary, Roofstock onChain. Roofstock onChain Head of Web3 Initiatives Sanjay Raghavan discusses the details of the sale and the future of the real estate market.
Bankruptcy Judge Will Mull Allowing Court-Supervised Probe Into FTX Collapse
The U.S. bankruptcy judge overseeing FTX's Chapter 11 proceedings is considering a request by the U.S. justice department to appoint an independent examiner to investigate the collapse of the crypto exchange. This decision may come today at a Delaware court hearing. Murphy & McGonigle founder James Murphy discusses the legal considerations around the latest developments in FTX's bankruptcy process.
Bitcoin in the Red for Fifth Consecutive Day
Bitcoin (BTC) is trading down for a fifth straight day, the longest run since falling over six consecutive days in August last year. OANDA Senior Market Analyst of The Americas Edward Moya discusses his BTC outlook and the impact of macroeconomic factors on the crypto markets, noting the recent January jobs report data.
Control Your Crypto
New options emerge for crypto custody. More on that story in this episode of "The Daily Forkast."
Craig Wright’s UK Case Against 16 Bitcoin Developers To Go To Full Trial
The U.K. Court of Appeal ruled that a claim by Craig Wright's Tulip Trading against 16 Bitcoin developers should go to trial in London. The claim was originally dismissed in March 2022. CoinDesk Editor at Large Christie Harkin discusses what to expect. And, CoinDesk Co-Regional News Chief for the Americas Stephen Alpher shares his outlook on bitcoin's February seasonal performance.