Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap
Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail
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Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind
While the U.S. Securities and Exchange Commission (SEC) continues to rain enforcement fire onto the crypto industry, Kraken’s chief legal officer, Marco Santori, says a specific legal doctrine could undermine the regulator’s authority.
Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum
If the governance vote passes, the latest iteration of Lido will come to the Ethereum blockchain, Lido’s biggest market.
House Democrats Consider New Stablecoin Bill Proposal: Source
House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft.
Binance Announces Exit from Canada, Citing Regulatory Tensions
The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.
Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees
Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms.
Staking Platform Agility Soared After Ethereum’s Shapella Upgrade, but It’s Suffered Ever Since
Key metrics like total value locked (TVL) and the price of its AGI token have tumbled recently, following their post-Shapella runup.
Ethereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours
Finality refers to the guarantee that a block cannot be altered and removed from the Ethereum blockchain.
MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token
Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.
Bitcoin Loses 10% on the Week as Memecoins Tumble
Among the memecoins sliding was PEPE, which lost over 60% over the last 7 days.
Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge
The creation of Bitcoin-based meme coins using the new BRC-20 standard has driven up Bitcoin fees as they use more data than a basic Bitcoin transaction. But while some developers in the Bitcoin community are proposing a filter to block Bitcoin NFT…
Sam Bankman-Fried's Ties to George Santos Are Just the Beginning
The indicted congressman, who wildly embellished his background, received big donations from FTX executives. That was just one strand in Bankman-Fried's tangled influence-peddling web.
Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down
Co-founder Andy Chorlian tweeted that the decision was made after "carefully analyzing possible market scenarios, our company structure and our financial situation."
Musk’s Milady Meme, Opening Up Ordinals
Miladys NFTs saw a brief pump after Elon Musk tweeted about them and Binance is making it easier for people to buy Bitcoin NFTs.
Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s
Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.
EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows
Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.
LG Electronics Seeks Patent for TV Which Lets Users Trade NFTs
LG has been a node operator on the Hedera Network since 2020.
First Mover Americas: Bitcoin Falls to 2-Month Low
The latest price moves in bitcoin (BTC) and crypto markets in context for May 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Do Kwon Set to Be Released on Bail in Montenegro Travel Document Forgery Case
Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues.
Cardano Scaling Node Hydra Head Goes Live on Blockchain's Mainnet
The tool, the first in a planned suite of products, aims to speed up transaction times on Cardano.
Bitcoin Prices Slip to 2-Month Lows As CoinDesk’s Bitcoin Trend Indicator Turns Neutral From Bullish
Prices fell to $26,160 soon before press time, reaching the lowest since March 17.
Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale
The miner will sell its common shares under an at-the-market (ATM) offering, with investment firms Canaccord Genuity and Stifel acting as agents.
Dogecoin-Like Spike in Milady NFTs After Elon Musk’s Tweet, But Will It Last?
Prices of the NFT collection have soared in the past two days.
First Mover Asia: Bitcoin Regains $27K, but Investors Search for a Catalyst
ALSO: The CEO of Stablecorp says that bitcoin's recent dip is part of its growing pains. He says that the scalability of the bitcoin network and liquidity present challenges.
Binance.US Explores Ways to Decrease CZ's Dominant Share: The Information
Since the summer of 2022, Zhao has been attempting to offload at least a portion of his shares, according to one individual that spoke with The Information.
Ethereum Mainnet Was Unable to Fully Finalize Transactions for 25 Minutes
Developers resolved the finalization issues and are investigating what caused the outage.
Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase
BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties.
Elon Musk's Twitter, Crypto's Town Square, Has Found a New CEO
Musk says he'll shift to being chief technology officer.
McHenry to U.S. SEC: Which Crypto Firms Have Tried to Register?
The U.S. Securities and Exchange Commission (SEC) has so far disregarded congressional requests for information on its interactions with crypto platforms seeking registration as exchanges, according to Republican lawmakers in the House of…