MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live
The lending platform is on track to remove some $7 million of MKR governance tokens from the market in a month, according to blockchain data.
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OpenSea’s New Deal, McNuggets Land in the Metaverse
This week, OpenSea introduced “Deals,” allowing NFT collectors to trade directly with one another and McDonald’s launched McNugget Land in The Sandbox, inviting users to interact with pixelated nuggets and play mini-games.
Tokenized Collectibles Platform Americana Is Bringing High-End Physical Items On-Chain
Backed by Alexis Ohanian and OpenSea, the newly-launched platform has created blockchain-based solutions for several pain points associated with buying and selling high-end physical collectibles.
To Survive the New Era of Robot Spam, Look to Crypto’s History
Human communication systems are under threat from linguistic robots (AI). But the same spammy problem helped lead to the creation of Bitcoin.
'Razzlekhan,' Husband Agree to Plea Deal in Bitfinex Hack Laundering Case Worth Billions
The pair will forfeit the proceeds from nearly 120,000 bitcoins they allegedly laundered from the hacked crypto exchange.
Crypto Liquidity Network Paradigm Leans Into DeFi With StarkWare
The new Paradex decentralized perpetuals platform is backed by the recent appchain technology from StarkWare.
ISIS Allies Used Crypto to Raise Millions: TRM Labs
Affiliates of the most notorious terrorist organization use centralized exchanges, the blockchain intel firm said.
First Mover Americas: ProShares Dismisses Concerns Over Cost of Tracking Futures
The latest price moves in bitcoin (BTC) and crypto markets in context for July 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
McDonald’s Opens McNuggets Land in the Metaverse, but McWhy?
The fast food giant is celebrating the 40th anniversary of the menu item with a perplexing new Web3 activation.
SOL, XRP Lead Slide in Crypto Majors as Bitcoin Lingers Below $30K
Some selling pressure may have arisen from a revised U.S. bill that excludes a host of traditional securities from the "digital asset" category, which some say bodes ill for DeFi.
Africa-Focused DeFi Platform Mara Releases Ethereum-Compatible Testnet
Developers in Nigeria and across Africa can build and test their decentralized applications on the Optimism forked Mara Chain.
Large Crypto Token Unlocks Drive Prices Lower Within Two Weeks, Research Suggests
Unlocks that free up large amount of liquidity relative to average daily trading volume yield a deeper decline in the token's price within two weeks after the event, research by The Tie shows.
Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show
The French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, it announced on Friday.
Indonesia's New Crypto Exchange Opens After Long Delays
The long-awaited Nasdaq-style national bourse for crypto has been operational since July 17, according to an official announcement from Thursday.
Wormhole Launches New Blockchain Connecting to Any Cosmos Appchain
The Wormhole Gateway is designed to make it easier for developers and users to on-ramp liquidity into the Cosmos ecosystem.
ProShares Says Bitcoin ETF Has Matched BTC Price Closely, 'Roll Cost' Concerns Are Unwarranted
Interest on the ETF's cash balances helps offset the cost of rolling from one set of futures to the next, ensuring a low tracking error, the firm said.
FTX Leadership Seeks Return of Over $1B in Cash, Stocks From Former Executives
The lawsuit alleges that fraudulent transfers of cash and shares were used to finance political donations, real estate buys, Sam Bankman-Fried’s criminal defense, and even potentially an island.
Move Over Shiba Inu: Crypto Community Flirts With Hamster Race Betting
A bunch of actual hamsters are racing on a new platform, and returns-starved traders are placing BUSD-based bets on who wins.
SBF Accused of Leaking Caroline Ellison's Private Diary by U.S. DOJ
The U.S. DOJ also wants to ban the disgraced founder of FTX and all parties involved in the FTX case from making any out of court statements in the future.
First Mover Asia: Bitcoin Fear and Greed Index Sinks Into Neutral Territory, a Sign of Investor Uncertainty
The decline reflects an asset that has been stuck in a tight trading range. PLUS: Bitcoin plods below $30K amid another sluggish day for cryptos in which LINK was a rare bright spot.
U.S. House Republicans Introduce Crypto Oversight Bill With Changes From June Draft
The bill looks to set out clear rules for the digital assets ecosystem.
Chainlink’s LINK Pops 15%, XRP Loses Steam as Bitcoin Revisits $29.6K Range Lows
Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets.
Coinbase to Wind Down Lending Program Over Coming Months
Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that…
Tokenized: This Week in Real-World Assets
A weekly digest of articles, reports and analyses about tokenized RWAs, the fast-growing financial instruments that merge traditional finance to the blockchain.
OpenSea Makes ‘Deals,’ Launches Peer-to-Peer NFT Swaps
The new feature allows collectors to trade NFTs directly with each other as well as add WETH to “sweeten the deal.”
Why Nasdaq Backing Out of Custody Is Bad, Bad News for Crypto
If a financial giant can’t navigate the red tape, who can?
MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default
The embattled Harbour Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.
UK's FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities
The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.