Ex-Sushi CTO Led NFT Lending Platform Astaria Rolls Out to Public
After months in a closed beta, the NFT lending platform has witnessed the highs and lows of its competitors in the space and aims to boost NFT market liquidity while protecting the interests of lenders and borrowers.
The tool, launching on Friday, will initially support Ethereum loans and NFTs from Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki and Doodles collections.
First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?
The latest price moves in bitcoin (BTC) and crypto markets in context for May 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Do Kwon's Detention in Montenegro Extended After High Court Decision to Revoke Bail
A lower court had determined the value of Kwon's property based on "statements" and not concrete evidence, a high court cited in a decision to scrap his bail approval.
Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius
The Arrington Capital-backed grouping beat fellow bidder NovaWulf for Celsius’ assets, with the Blockchain Recovery Investment Consortium selected as back-up.
DeSantis: ‘Bitcoin Represents a Threat to the Current Regime’
Florida’s governor and the Republican’s latest leadership candidate talked crypto and central bank digital currencies in a Twitter space with Elon Musk.
First Mover Asia: Bitcoin Holds Below $27K Amid Macro Uncertainties
ALSO: Market maker Flowdesk is looking to expand in the U.S., even as a number of major crypto firms, including Coinbase, have lost enthusiasm there because of ongoing regulatory uncertainties.
Stablecoin Market Shrinks for 14th Straight Month, Posing Potential Headwinds for Crypto Prices
The continued contraction of the stablecoin market capitalization suggests that the crypto markets are still in their bear phase, macro analyst Tom Dunleavy said.
Excavating the Truth Around the Bitcoin Mining Discourse
Last year, a group of CoinDesk reporters traveled to Seneca Lake to examine the effect Greenidge Generation – a resurrected power plant that now mines bitcoin – had on the surrounding communities. Though we expected to hear locals say they disliked…
Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks
When Washington, D.C. lawmakers tune into their favorite Sunday morning political shows this week, they’ll also get a dose of crypto messaging, thanks to a Coinbase (COIN) campaign that’s part of the next stage in the industry’s attempt to…
Tensions Rise Between SushiSwap, Lido Over Return of Exploited Funds
Two decentralized finance projects are butting heads over a governance proposal that could see the recovery of 40 ETH stolen in Sushiswap's April hack.
Ledger Recover Fiasco Exposes Gap Between Blockchain Ideals and Technical Reality
After a video went viral of what appears to be a hardware wallet getting smashed with a hammer and then blow-torched into a charred mass, Ledger (and all of the crypto industry) got a searing reminder on the importance of managing expectations.
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