Bitcoin Rallies Keep Getting Quickly Sold — What's Up?
The world’s largest cryptocurrency is lacking sustained momentum, the price selling off shortly after each attempted leg higher.
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Embattled Aragon Mulled Sale of Crypto Project, Leaked Screenshot Shows
One of the biggest crypto projects building tools to support decentralized governance is trying to get out of its own governance pickle.
VC Firm a16z Wades Into Crypto Tech Research with ZK Projects ‘Jolt’ and ‘Lasso’
A pair of open-source projects from venture giant Andreessen Horowitz, known as a16z, aim to improve the performance of systems that use zero-knowledge technology – a cryptographic method used to scale blockchains.
Digital Currency Group Files to Dismiss Crypto Exchange Gemini’s Fraud Claims
DCG called Gemini’s July complaint a continuation of a “public relations campaign” carried out by the exchange’s owners, Cameron and Tyler Winklevoss.
DeGods Sales Leap as Artwork Evolution Is Unveiled
Early Thursday morning, the popular NFT project shared its plans for “Season III,” sending DeGods’ sales soaring. In the past 24 hours, trading volume increased nearly 200% to 1,359 ETH, or about $2.5 million.
What in the World Is Going on With Crypto Regulation?
Regulatory clarity has fueled crypto bull markets, demonstrated by Japan's 2016 adoption of crypto as payment and OCC's 2020 endorsement of crypto engagement. While global strides in clear crypto regulations are evident, particularly in Hong Kong…
Curve Token Climbs After Binance Labs Commits to $5M Investment
The decentralized exchange, which suffered a $70 million hack last month, will also consider deploying to the BNB Chain.
Coinbase's Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day
However, nearly $166 million had already flowed to the blockchain ahead of the official launch.
After Co-Founding Salesforce’s Web3 Studio, Mathew Sweezey Is Bullish on Smart Tokens
The former Salesforce executive who entered Web3 during the NFT boom of 2021 sees smart tokens, aka the ERC-5169 token standard, as a gateway for companies to create new digital ownership opportunities.
ChatGPT-Based Search Function Goes Live on Blockchain Encyclopedia IQ.wiki
IQ GPT will help fight misinformation in the crypto space and onboard new users.
SEC Likely to Approve Several Spot ETFs, Sparking Next Bitcoin Rally: Matrixport
If the SEC needs more time to assess the practicality of the surveillance-sharing agreements, then the bitcoin price may correct initially in mid-September, and would be the “dip to buy,” the report said.
U.S. July CPI Matches Estimates With 0.2% Monthly Growth
This morning's inflation numbers are among the key pieces of data the Fed will be looking at next month as it determines the course of monetary policy.
UK Crypto Incentives Ban Could Drive Firms Out of Country, Lobbyists Say
Lobby group CryptoUK called for more clarity on the FCA’s guidance on its upcoming rules for crypto ads.
First Mover Americas: Coinbase Seeks New Revenue Stream From Layer 2 Network
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
FTX Fires Back at Creditors 'Willing to Gamble Estate Assets on Higher Returns'
The committee of unsecured creditors criticized the bankrupt estate's reorganization plan submitted to court in July.
Jump Crypto Backs $5M Round for Bitcoin Wallet Xverse
The Web3 app supports Ordinals, the technology that brought non-fungible tokens to the Bitcoin ecosystem.
Bitcoin Traders Should Watch Wider Inflation Metrics, Not Just CPI
Wider metrics suggest a flare-up in inflation in months ahead, which may trigger a sharp repricing of interest rate expectations, bringing downside volatility to risk assets, including bitcoin.
India Wants to Use Crypto Tokens to Digitally Sign Documents
The Indian Ministry of Electronics and Information Technology (MeitY) wants to have the ability to use crypto tokens to digitally sign documents in a new indigenous web browser.
Why Binance Is Abandoning Most of Europe
Crypto firms only need regulatory approval in one EU nation under new regulations to serve the single market – but some states are more prepared to implement MiCA rules than others.
France Steps Closer to Implementing MiCA for Crypto Firms
The country's financial regulator AMF has "enhanced" registration requirements for digital asset service providers set to take effect on Jan. 1, 2024.
Aptos Token Surges on Microsoft Partnership Ahead of APT Supply Unlock
Some $33 million worth of the tokens are set to be unlocked and tradeable on the open market.
SEI Token Could Reach Nearly Half a Billion Market Cap on Binance Debut
Decentralized exchange Aevo rolled out a new product on Wednesday that allows traders to express bullish/bearish view on tokens awaiting an exchange listing.
Y00ts NFT Collection is Migrating to Ethereum After Accepting $3M Grant From Polygon
DeGods project leader Rohun Vora, known as Frank, said that the move aims to "unite the DeGods and y00ts communities" on the same blockchain. Polygon said it would re-deploy some of the returned funds to support its native builders and creators.
First Mover Asia: SEC Appealing XRP Ruling Isn't Moving Markets
Ripple's partial victory over the Securities and Exchange Commission pushed up the layer 1 and altcoin market, as many of these tokens had been accused of being securities.
The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The…
SEC Will Appeal XRP Ruling in Case Against Ripple, Regulator Says
The U.S. Securities and Exchange Commission (SEC) said it would file an "interlocutory appeal" of a judge's ruling on Ripple's programmatic sales of XRP, the regulator said in a court filing Wednesday.
Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry
Riot reported its second-quarter earnings after the close on Wednesday.
Fireblocks Discloses ‘Zero Day’ Vulnerabilities Impacting Leading MPC Wallets
It’s unlikely users were impacted by the vulnerabilities – collectively referred to as “BitForge” – but Fireblocks says they could’ve let hackers “drain funds from the wallets of millions of retail and institutional customers in seconds” i
Early Base Whales Have an Affinity for Meme Tokens, Nansen Says
The top 22 depositors to Base as of July 31 have allocations in a telegram trading bot token, several meme tokens and an on-chain casino token.