Federal Prosecutors Investigate Former FTX Executive Over Possible Campaign Law Violations: WSJ
Ryan Salame is being investigated for potentially illegally avoiding federal limits on contributions to his girlfriend's congressional campaign last year
Index Coop Aims to Improve Limitations of Protocol, On-Chain Structured Products
The infrastructure limitations of this sector include a lack of cross-chain asset support, expense in maintaining products due to high issuance costs and difficulty rebalancing on-chain products due to slippage.
First Mover Americas: GBTC Discount Narrows to Lowest Since May 2022
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The rollup chain from ConsenSys, known as a zkEVM, joins a growing field of projects aiming to expand access to Ethereum using zero-knowledge cryptography.
Marex Unveils Bitcoin, Ether-Linked Long Strategy With Dollar Index as Hedge
"The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said.
DeFi Protocol Holding 55% of Algorand Value to Shut Down
Algofi, the largest decentralized finance protocol on layer-1 blockchain Algorand, said it will shut down and plans to halt lending, borrowing and trading imminently.
UK Regulator Ramped Up Campaign Against Crypto ATMs in May and June
The financial watchdog conducted inspections in conjunction with the South West Regional Organized Crime Unit and the police forces of Greater London, Bedfordshire and Hertfordshire.
Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions
Bitcoin Ordinals, a method of generating non-fungible tokens (NFT) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.
China Should Consider Yuan-Backed Stablecoins Instead of CBDCs, Circle's Allaire Says
Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post.
Crypto Catalyst Watch: June CPI, PPI Readings Hold the Spotlight
The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month.
Bitcoin Falls Back Below $31K After Late Monday Surge
The head of research for digital asset manager 3iQ wrote that the largest cryptocurrency by market capitalization is still riding tailwinds from multiple spot bitcoin ETF filings and other June events.
Apple May Not Like It, but ‘Zapple Pay’ Finds Workaround for Bitcoin Tipping on Damus
The new third-party payment service claims to be independent of the Damus iPhone app that Apple has tried to restrict, and lets users tip one another on any app that runs on the Nostr protocol.
Crypto Startup Arkham Has Apparently Been Doxxing Users for Months
The company had already angered the crypto community Monday with a service that unmasks anonymous crypto users. Then came allegations it used an easy-to-decipher method for hiding customers’ email addresses.
U.S. Senator Tuberville Asks DOJ, SEC to Investigate Crypto Broker Prometheum
U.S. Senator Thomas Tuberville (R-Ala.) wrote an open letter to Attorney General Merrick Garland and Securities and Exchange Commission (SEC) Chair Gary Gensler asking them to investigate Prometheum, a special-purpose broker that recently secured…
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