April Seasonality in Favor of Bitcoin and Stocks
The first month of the second quarter usually sees bullish environment for risk assets.
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Alchemy Pay Raises $10M at $400M to Push South Korean Expansion Plans
The funding came from DWF Labs making its eighth investment of $10 million or more in the last six weeks.
First Mover Asia: Bitcoin Holds Above $28K as Investors Await Fresh Productivity, Jobs Data
ALSO: Sam Reynolds writes that decentralized-focused tokens, including LDO and DYDX, were the quarter's best performers. Their gains came as U.S. regulators ratcheted up their scrutiny of centralized exchanges. Major cryptos are in the red.
Arbitrum Foundation Pledges New Votes, No 'Near-Term" ARB Sales Amid Community Revolt
The Arbitrum Foundation issued a mea culpa after its contentious premiere governance vote backfired.
USDC's Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins
A Moody's analyst examines how the recent banking crisis spilled into crypto, and why alternatives to stablecoins like tokenized bank deposits and CBDCs may be needed to prevent contagion.
Arbitrum Foundation Sold ARB Tokens Ahead of 'Ratification' Vote; ARB Falls
Arbitrum Foundation would be “severely damaged” without blank check grantmaking powers, according to a blog post.
Arbitrum’s First Governance Proposal Turns Messy With $1B ARB Tokens at Stake
The Arbitrum Foundation would get to side step community governance when issuing “special grants.”
U.S. Government Case Against Voyager-Binance.US Deal Has 'Substantial' Merits, Judge Says
District Judge Jennifer Rearden put the $1 billion deal on hold but said she’d expedite an appeal to avoid too much delay
ZeroSync and Blockstream to Broadcast Bitcoin Zero-Knowledge Proofs From Space
The two partners say using zero-knowledge proofs will allow Bitcoin nodes to sync quickly from anywhere on earth, “even without Internet.”
Over 7,000 Players Successfully Converged in Yuga Labs' Otherside Metaverse 'Second Trip'
Thousands of NFT holders joined the gamified experience last weekend, showing glimpses of what’s to come from the virtual world launching later this year.
Bitcoin Miner Marathon Digital's CFO to Retire After One Year
Hugh Gallagher intends to retire effective May 12.
Crypto Market March Roundup: Bitcoin Rises Amid Banking Uncertainties, Macro Headwinds
Mask Network’s MASK token surged over 68%, becoming the top-performing token for the month. XRP rose 41%.
TUSD Stablecoin Daily Trading Volume Surpasses $1B After Binance Boost
The surge follows Binance’s decision a week ago to eliminate the zero-fee trading discount on the platform except for the BTC-TUSD pair.
Crypto Exchange Trader Joe Nears Launch of Upgraded Trading Engine
Trader Joe will launch a tech upgrade and new liquidity features next week.
Crypto Exchange Aggregator 1inch Proposes Diluting Some Insiders' Voting Power
A proposed governance shakeup would greatly reduce the amount of voting power accumulated by core contributors, investors and other insiders.
Crypto Exchange Bittrex to Wind Down U.S. Operations Next Month
Cryptocurrency exchange Bittrex will shut down its U.S. platform on April 30 after nine years of operation, the company announced on Friday.
How Will NFTs Be Taxed? Understanding the IRS' New Proposed Guidelines
Tax experts weigh in on how the IRS will decide if NFTs are collectibles.
FTX EU Sets Up Website to Repay Users
The European arm had only been in operation for about 8 months prior to the collapse of parent FTX.
Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign
Synthetix generated more than $730K in fees on March 30 ahead of the start of its allocation of 200,000 OP tokens to traders.
U.S. Futures Watchdog Issues Compliance Rule for Crypto Activities Among Members
In the absence of formal crypto rules from U.S. government agencies, the National Futures Association (NFA) is setting up standards for its members that deal in digital assets commodities.
What Hindenburg Research’s Takedown of Block Says About Money and Crime
Expecting centralized money services to halt crime only helps politicize money and disempower users.
Investors Pour Money Into Crypto Investments for 4th Straight Month
Assets under management for digital-asset products climbed to $13.4 billion in March, up 60% from their 2022 low in November, according to CryptoCompare.
It’s a Small (Virtual) World After All
Disney reportedly lays off its metaverse team, and the U.K. Treasury cancels its NFT plans, but on the bright side, NFTs for tickets are having a moment.
Planners of Bitcoin Conference in Atlanta Move to Open-Source Their Agenda
The conference has been running since 2018 but topics and speakers for this year's TABConf event will be chosen partly based on proposals from the general public via GitHub.
Biden Administration Is Politicizing Crypto
With crypto exchange Coinbase (COIN) last week receiving a Wells Notice signaling impending action from the SEC, and with the CFTC this week suing Binance, another crypto exchange, it feels like the crypto industry is at war with the U.S…
U.S. Government Sold $216M of Seized Silk Road Bitcoin This Month
The U.S. sold 9,861.17 bitcoin ($216 million) on March 14, according to a court filing.
‘Rug Radio’ Founder Farokh Talks Fame, Fortune and Decentralization
In an interview ahead of Consensus the mononymed podcaster discusses how he built the foundation to collaboratively build a Web3 media empire.
MetaBirkins Artist Mason Rothschild's Latest NFT Project Ignites Market
The NFT artist spoke to CoinDesk about his "disruptive" creative agency Gasoline and how he is using NFTs to push the boundaries of art and culture.
First Mover Americas: Ripple Labs' XRP Token Marches Forward
The latest price moves in bitcoin (BTC) and crypto markets in context for March 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.