Weekly DEX Volume on BNB Chain Hits Highest in a Year
Lower fees and Binance’s popularity are among the reasons noted by market analysts.
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Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns
Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious.
DeFi Project Hector Mulls Legal Wrapper to Shield DAO
A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community of HEC holders.
U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network
Criminal extortion charges against Steven Nerayoff, an early adviser to the Ethereum network, were dismissed by a New York judge on May 5, ending a three-and-a-half year legal battle that included explosive allegations he made against U.S…
Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal
The investment includes a $2 million loan and $12 million in equity.
Payroll Startup Rise Wins CoinDesk's 2023 Pitchfest Contest
Based in Ohio, Rise onboards employees for automatic crypto paychecks.
Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees
The firm says El Salvador will serve as its base for operations in Latin America.
GREED Token Is Not a Crypto Scam, but a Lesson on How to Get Scammed Amid Meme Coin Mania
Despite multiple warnings from Voshy, the meme coin's creator, speculators turned over Twitter permissions to get access to the token. They got a valuable lesson in account security.
Crypto Investment Funds See Outflows for Fourth Consecutive Week
Bitcoin-related products accounted for $38 million of the $54 million in total outflows.
Tokenization Is the Way to Realize Biden’s Electric Vehicle Overhaul
As the Administration looks to re-shore and clean up the EV industry, blockchain technology offers a means to ensure transparency, says Qichao Hu of the Li-Metal EV battery manufacturer.
Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets
The company raised $4.2 million in seed round, led by ElectricCapital.
Web3 Education Leaders Team Up to Roll Out Beginner NFT Platform HeyMint
The platform will allow artists to mint their creative assets, enforce royalties on-chain and sell their NFTs in a process meant for Web3 beginners.
Polygon Co-Founder Launches Web3 Fellowship Program
Sandeep Nailwal and his venture capital arm Symbolic Capital will invest $50,000 on a new cohort each year.
Los titulares de ether deben esperar casi un mes para poder bloquear el token
La demanda para el staking de ether aumentó y dejó tiempos de espera de más de un mes para obtener un rendimiento anualizado de 5% a partir del lunes.
BlockFi Claims Against FTX, Alameda 'Largest Driver' of More Than $1B in Asset Recoveries, Firm Says
The litigation supporting claims against its commercial counterparties is set to make a difference "in excess of $1 billion" to creditors, court filings say.
South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers
Lawmaker Kim Nam-kuk resigned from the opposition party after his crypto transfers incited controversy.
Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows
In Q1 2023, the bitcoin miner's net loss per share narrowed to 1 cent, from 8 cents the previous quarter.
Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment
The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.
First Mover Americas: Bitcoin Bounces Back From Friday Lows
The latest price moves in bitcoin (BTC) and crypto markets in context for May 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February
Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.
Ribbon Finance's Decentralized Exchange Aevo Unveils Altcoin Options Trading
Users will be able to trade options tied to coins like LDO, PEPE, SUI, ARB, LTC, APT, and others, which was previously possible only through an over-the-counter desk. .
G-7 Finance Ministers Discuss Crypto Regulation Ahead of Japan Summit Next Week
Representatives for the seven advanced economies signaled a commitment to following norms set by standard-setters FSB and IMF on crypto and central bank digital currencies.
SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K
A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC.
Ether Holders Embrace Near Month-Long Wait for Staking ETH
Demand for staking ether has surged, resulting in wait times of over a month for a 5% annualized yield as of Monday.
U.S. DOJ's Crypto Enforcement Director Promises Crackdown on Illicit Behavior on Exchanges: FT
Eun Young Choi said the DoJ is targeting crypto exchanges that allow "criminal actors to easily profit from their crimes and cash out,"
Bitcoin Cash Prices Bump Ahead of ‘CashTokens’ Upgrade
The upgrade is set to go live on mainnet at noon UTC on Monday.
Jack Butcher Expands Checks NFTs Ecosystem With Physical Print-Backed 'Elements' Collection
The artists' new NFT collection, featuring the signature Checks grid, explores the four classical elements of earth, fire, water and air.
First Mover Asia: Bitcoin Regains $27K Amid Encouraging Macro, Technical Signs
ALSO: The stablecoin supply ratio has dropped 11% over the past 11 days, suggesting that buying power for stablecoins is increasing, writes CoinDesk analyst Glenn Williams.
Quadriga CX Bankruptcy Claimants to Get 13% on the Dollar
The interim distribution to users will account for 87% of the funds the collapsed exchange’s Trustee is currently holding.