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Nike Is Bringing Its .SWOOSH NFTs to EA Sports Games
The sportswear giant and game publisher are partnering to build new immersive experiences in the EA Sports gaming ecosystem.
MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets
The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply.
As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens
The actions showcase how Multichain’s faltering infrastructure and AWOL CEO are sending shockwaves through Fantom, the blockchain most heavily dependent on Multichain’s bridges.
GameStop Teams Up with The Telos Foundation to Grow Web3 Gaming Strategy
The leading game retailer will distribute Telos-based games on its forthcoming Web3 gaming launchpad, GameStop Playr.
Qatar Didn’t Properly Enforce Its Crypto Ban, Global Money Laundering Watchdog Says
The central bank should proactively identify and sanction service providers breaching its 2019 prohibition, according to the Financial Action Task Force
Sui Blockchain Signs Multiyear Deal With Red Bull Racing
Sui will roll out a series of digital experience for racing fans over the coming months.
Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.
First Mover Americas: Bitcoin Begins June Dropping Back Below $27K
The latest price moves in bitcoin (BTC) and crypto markets in context for June 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Treat Crypto as Securities by Default, European Parliament Study Says
Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says
Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%
Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform.
Crypto.com Receives Digital Token License in Singapore
The exchange received in-principle approval in Singapore last June.
Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure
Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.
Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform
The debt sale was the first of its kind for the French sustainable agriculture business.
First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten
ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What's next?
First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
The stablecoin is issued by a registered trust owned by First Digital.
Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say
Improving liquidity conditions so far this year has lifted risk assets such as cryptocurrencies, but the trend is poised to turn once the U.S. debt ceiling is lifted and the Treasury along with the Fed resumes tightening, analysts said.
Pixel Penguins, an NFT Charity Scam, Shows Dangers Of NFT Influencer Culture
Behind every PFP with thousands of followers on Twitter is a person. And in Web3, it’s not always best to trust one person’s word on whether or not to mint into an NFT collection.
Jimbos Protocol to Work With U.S. Homeland Security to Help Recover $7.5M From Flash Loan Exploit
The team is opening more cases in other jurisdictions and offering a roughly $800,000 bounty to the general public for information on the exploiter.
Covering the 2024 Presidential Election
It gives me no pleasure to report that less than six months into this Congressional term, the 2024 election season has become fully underway. Florida Governor Ron DeSantis (R) officially declared his candidacy last week, though he appears to have…
Welcome, Crypto, to the Fiery Cauldron of U.S. Presidential Politics
Whether the crypto industry wants the spotlight or not, digital assets are among the earliest talking points in the 2024 U.S. presidential election, with the most prominent of the new candidates even invoking bitcoins in his campaign opener as…
TradFi Giant TP ICAP Brings Crypto Spot Trading to Institutional Investors
The Fusion Digital Assets marketplace opened for trading last week offering trading in bitcoin and ether against the U.S. dollar.
NFT Artist Fewocious Reveals Upcoming Collection “Fewos”
The collection consists of 20,000 Fewos, or characters in the Fewocious’ Web3 universe Fewoworld, and will be available to mint in late August.
The PulseChain Sideshow Tent Is Collapsing
Welcome to Bizarro Crypto, where actually launching a project is the worst possible plan.
USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown
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Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun
Multichain has suffered days of issues amid swirling rumors over the fate of its team.
U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl
U.S. Sen. Elizabeth Warren (D-Mass.) cited the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing, arguing for legislation to help break that pipeline.
A House Bill Would Make It Harder for the SEC to Argue Crypto Tokens Are Securities
The five-page, bipartisan Securities Clarity Act by Representatives Tom Emmer and Darren Soto would significantly reduce uncertainty for both crypto investors and issuers, write Bain Capital Crypto’s Tuongvy Le and Khurram Dara.
StepStone VC Raises $97M for Two Blockchain Funds
SEC filings show pooled investment figures for the two private equity funds.
EU Formally Signs New Crypto Licensing, Money Laundering Rules Into Law
The MiCA law is set to make the bloc the first major jurisdiction with tailored crypto regulations.