Blockchain Association Leaves New York as Federal Regulatory Fight Looms
The advocacy group will refocus its efforts on petitioning regulators and officials in Washington.
Posts published on May 3, 2023 go to media archive 3/4
MoonPay Launches App In More Than 130 Countries
MoonPay is now offering its multi-wallet management solution via the app store in countries across the globe.MoonPay, a cryptocurrency infrastructure company, has launched its app in over 130 countries, offering more than 5 million claimed users a…
Crypto Innovation and Regulation Should Be Partners, Not Adversaries
Developers are flourishing elsewhere amid strident relationships with U.S. regulators.
A Closer Look at Market Cap-Weighted Crypto Portfolios
Crypto investment products are commonly weighted by market cap. We examine how a small adjustment to market-cap weighting methodologies may better align digital asset portfolios with their intended objectives.
PEPE Meme Coin Liquidity Pool Becomes Most Active on Uniswap
The new token based on “pepe the frog” meme remains one of the most researched tokens for users of blockchain analytics firm Nansen and price tracker CoinGecko.
Registered UK Crypto Firms Can Approve Their Own Ads, Lawmakers Decide
The law on promotions is set to come into effect around four months from now, the finance ministry has said.
Biggest Movers: MATIC Rebounds, as SOL Falls Back Towards Support
Polygon climbed higher in today’s session, as cryptocurrency markets marginally rebounded on Wednesday. The global crypto market cap was up by nearly 1% earlier in the day, as Tuesday’s losses eased. Solana, on the other hand, remained lower, as it…
3 signs PEPE token is about to trap bulls after 2,000% price rally
PEPE price risks losing 20% in May due to shaky technicals, waning retail interest, and too many risks of market manipulation.
CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days
It took about 12 days for Zelda to fully exit the Ethereum blockchain. For any new staking withdrawal requests, the wait to get out has shrunk to nine days from 17 days.
Bitcoin limps into FOMC as flagging volume adds to BTC price hurdles
Bitcoin’s price looks unlikely to break out as markets brace for Fed rate hike volatility.
$24,400 May Be Next Major Level Of Support For Bitcoin, Here’s Why
Historical data of an on-chain indicator may suggest that the $24,400 level could be a major level of support for Bitcoin right now. Bitcoin STH MVRV Would Hit 1.0 If Price Declines To $24,400 According to this week’s edition of the Glassnode…
This Meme Coin Created By GPT-4 Is Now Worth $40 Million, Here’s Why
As the meme coin season continues to unfold, there have been more novel ideas coming out of the space. The most recent one that is catching investors’ attention is a meme coin that was created using the famous ChatGPT-4 artificial intelligence…
Can CBDCs, Tokenized Deposits, Stablecoins and DeFi Coexist?
Modern payments tools may eventually compete with banks. But is there a place for tokenized bank deposits and central bank digital currencies in DeFi?
AX1 Releases Research on Binance Key Project – Trust Wallet
PRESS RELEASE. AX1 company recently conducted research on the Trust Wallet, a popular cryptocurrency wallet that has gained a significant following in recent years. The research aimed to understand the level of security and trustworthiness of the…
Global Law Enforcement Agencies Dismantle Darknet Marketplace Monopoly Market, Arrest 288 and Seize $53.4 Million
On May 2, 2023, Europol announced a collaborative effort between law enforcement agencies from the U.S., Europe, the U.K., and Brazil culminated in 288 arrests, along with the confiscation of 850 kg of illegal drugs, 117 firearms, and $53.4 million…
Will compromise on anonymous crypto appease US regulators, spur adoption?
Asking exchanges to identify users might seem like a minor inconvenience, but could it drive DeFi firms overseas, and would crypto users even care?
XRP Loses Previous Gains; Bulls Seek To Shift Momentum
Following a sharp increase in value, XRP overcame several major obstacles, improving its outlook. But when the price reached the significant resistance level of $0.5387 on April 19, it lost momentum and fell. XRP has seen a dramatic decline in…
NFT art pioneer wants to upload her brain so she can live forever: Josie Bellini, NFT Creator
NFT art pioneer Josie Bellini has already ensure her on-chain art can live forever — and she wants to upload her brain to the Metaverse too.
Hollywood studios reject banning AI from writer's rooms
The Writers Guild of America sent out a list of demands to Hollywood studios, including regulating AI usage in guild-affiliated projects.
Flare integrates blockchain API on Google Cloud Marketplace
Google Cloud Marketplace adds support for nine different blockchain APIs, including Bitcoin and Ethereum, through integration with layer-1 Oracle network Flare.
Sui Mainnet Goes Live as Crypto Project Takes on Aptos and DeFi Giants
The much-awaited Aptos rival put its hundreds of million of VC funding to the test during its mainnet launch, and struggled with speed and decentralization.
Sui Token Surges as Trading Begins, Giving the Network a Fully Diluted Value of $13B
SUI tokens were offered to users of multiple crypto exchanges in a presale last week.
New Cosmos chain will use liquid staking tokens from other networks for security
Staked ETH, BNB, ATOM, SOL and MATIC will be usable on Tenet as “restakes” to gain further rewards.
New Crypto VC Firm Credibly Neutral Raises $5.5M
The developer-led firm received funds from the founders of the Polygon and Solana blockchains, among others.
SUI mainnet goes live as token sees immediate action on Binance, OKX, others
The total supply of the SUI token is capped at 10 billion coins, with tokens running on a delegated proof-of-stake consensus algorithm.
Prominent Analysts Vouch For Crypto As The Banking Stocks Nosedive
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Wednesday, as Fed Meeting Looms
Biden Administration Proposes 30% Tax On Crypto Mining To Counter Environmental Impact
Several US authorities have raised concerns regarding the environmental impact of crypto mining. Previously, US lawmakers probed the crypto mining energy use and environmental impact. Biden’s administration is taking these concerns to another…
First Mover Americas: Bitcoin Layer 2 Stacks Begins May on Top
The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
TrueUSD's Borrowing Rates Jumped to 100% as TUSD Soared to $1.20: Kaiko
Traders shorted TUSD to capture a 20% upside for the token’s intended $1 peg.