Avalanche’s AVAX Token Remains Flat Ahead of its $130 Million Token Unlock
More than 9.3 million tokens will be unlocked Sunday, representing 1.2% of AXAX’s total supply.
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Stablecoins Are the 'Glue' Between the Real Economy and Blockchain: Binance Japan General Manager
Tsuyoshi Chino added that Binance J.apan may be still "a long way off" its business and activities being properly understood in gaining regulatory acceptance
First Mover Americas: Digital Currency Group Is Closing Down TradeBlock
The latest price moves in bitcoin (BTC) and crypto markets in context for May 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’
The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract.
F1 Ticket Provider Platinum Group Introduces NFT Tickets for Global Racing Event
The NFTs, debuting this weekend at the Monaco Grand Prix, offer collectors access to the race as well as a host of loyalty benefits.
Crypto Exchange Coinone's Former Exec Acknowledges Bribery Charges in South Korea: Report
A lawyer for the accused reportedly said he admits "the facts of the prosecution," during a May 25 trial hearing.
EU Investment Firms Should Clearly State Crypto Is Unregulated, Watchdog Says
Companies that market crypto alongside traditional securities might mislead consumers about access to fair advice and compensation, the European Securities and Markets Authority worries.
Ether Balance on Exchanges Nears All-Time Low
Drop comes as the number of staked ether has surged.
Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet
Top holders of LADYs meme coins are sitting on unrealized profits worth millions of dollars.
The Invisible Hand Restricting Bitcoin and Ether Price Swings
Hedging activity of market makers, who are always on the opposite of investors' trade, seems to have kept prices rangebound off late.
USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets
The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively.
First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers' Make Progress in Debt Limit Negotiations
ALSO: Graphics-chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining, but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology, which is rising in importance.
Nike OF1 NFT Sale Surpasses $1M Despite Delays, Tech Issues
The highly-anticipated virtual sneaker sale on .SWOOSH faced persistent delays, leaving some users frustrated. Meanwhile, Nike has so far labeled the release as a success.
U.S. Presidential Candidate Ramaswamy Takes Potshot at DeSantis Bitcoin Remark
The largest cryptocurrency is suddenly a talking point in the 2024 race, after Florida Governor Ron DeSantis declared he would “protect the ability to do things like Bitcoin” during the launch of his campaign on Twitter on Wednesday.
DCG Sunsets Trade Execution, Prime Brokerage Unit TradeBlock
The crypto conglomerate suffered a loss of more than $1 billion last year.
Bitcoin Lingers Below $26.5 Amid Debt Ceiling Worries
Unemployment and productivity data arrived stronger than expected but investors seemed focused narrowly on the ongoing negotiations that will determine if the U.S. government has to default on its debts.
Etonec and Mina Foundation to Create ZK-Powered Compliance Tool By Year’s End
The product is designed to enable DeFi and Web3 communities to comply with regulations while maintaining community members’ privacy.
CoinDesk at 10: The Ghost of Libra Lives On
Facebook’s ambitious 2019 stablecoin project never went live. But it sure left a lasting impression. This feature is part of our CoinDesk Turns 10 series looking at the biggest stories in crypto history.
Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by CoinTelegraph Owner Gregory Fishman
Alex Grebnev, CEO of the Maps.me (MAPs) and Oxygen (OXY) cryptocurrency projects closely linked to Sam Bankman-Fried’s failed FTX empire, is being sued by Gregory Fishman, reportedly an owner of crypto news site CoinTelegraph on allegations of fund…
Brazil's Central Bank Selects 14 Participants for CBDC Pilot
Among those selected are the largest local banks, Visa and Microsoft.
Nvidia's Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look
Bitcoin miners might find non-mining AI applications too tantalizing to pass up.
Pudgy Penguins NFT Project, Once Endangered, Proves Web3 Turnaround Is Possible
After Pudgy Toys debuted on Amazon on May 18, the floor price of the cute NFT project shot up over 6 ETH. Now, with the launch of Pudgy World and the addition of the collection to the NFT lending platform Blend, it is continuing to build momentum.
If Crypto Is the Future, Advisors Need to Embrace It Now
Skyrocketing debt, rising inflation and bank runs are contributing to an uncertain financial landscape. Crypto can help FAs navigate this future.
Norway Should Consider a National Strategy for Crypto Regulation: Norges Bank Report
The bank says lawmakers should take advantage of existing regulations that cater to systemic risk and enforcement action for example, as well as stresses the need for crypto specific ones.
Blend Seizes 82% of NFT Lending Market Share: DappRadar
Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume.
French Lawmakers Strike Softer Deal on Crypto Influencer Law
A final compromise appears to allow registered crypto firms to advertise through social media influencers, potentially easing industry fears.
How Crypto Can Help Secure AI
Rapid advances in artificial intelligence create unique safety challenges. Can skills and approaches honed by the crypto community make AI safe for humanity?
South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine
Continuing operations without applying for registration could lead to a $542,854 fine or imprisonment.