Maple Finance Nearly Imploded, but Sid Powell Wants to Bring Back Its Billion Dollar-Plus Glory
Last year’s crypto crash wiped out Maple Finance’s TVL as borrowers crumbled and lenders fled. In an interview with CoinDesk, the protocol’s co-founder and CEO lays out his plan for growth in an era of heightened risk management.
FTX Estate Sues Layerzero Labs for $85M Over Alleged Fraudulent Deals and Asset Withdrawals Amidst Collapse
The bankrupt estate of cryptocurrency exchange FTX is suing blockchain company Layerzero Labs in an attempt to claw back a $45 million deal and over $40 million in withdrawals made in the days before FTX filed for bankruptcy. The lawsuit alleges…
Dogecoin Future In Question: What’s Next After Today’s Price Drop?
Dogecoin (DOGE), the beloved meme cryptocurrency that has captured the hearts of retail traders and internet enthusiasts, faced a critical juncture today as it witnessed a significant bearish breakdown below its key ascending support trendline…
Exploring The Intersection Of Finance And Trust With Mark Goodwin’s ‘The Bitcoin-Dollar’
Only one month after being announced as Editor-in-Chief of Bitcoin Magazine, Mark Goodwin is releasing his premier book “The Bitcoin-Dollar.” The book takes readers on an illuminating journey through the intricate intersection of finance…
ZK Rollups Are Coming To Bitcoin. Here’s All You Need To Know
Zero-knowledge (ZK) rollups are coming to Bitcoin. Recently, two different projects took turnkey steps into turning this development into a reality for the original cryptocurrency, an advancement that could help Bitcoin scale even more and also…
Pro-XRP Lawyer John Deaton Reveals The Countries Topping The 75,000 Holder List
Over the course of Ripple’s legal battle with the United States Securities and Exchange Commission (SEC), John Deaton has grown to become one of the most prominent voices in support of the crypto firm. The result of this was a list containing…
Crypto Safekeeping Specialist Fireblocks Introduces Non-Custodial Wallet Service
Fireblocks’ multi-party computation technology works well in a non-custodial setting, shifting counterparty risk away from a corporate entity, Shaulov explained in an interview with CoinDesk.
Web3’s revolution: Why the digital wallet is the new marketing gold
The cookie-less internet presents an opportunity, not a risk. It has the ability to redefine and strengthen the connection and trust between consumers and brands.
Sam Bankman-Fried’s lawyers request pre-trial release citing poor internet connection
Former FTX CEO Sam Bankman-Fried’s bail was revoked on Aug. 11 after he was found to be trying to contact witnesses in the case and malign witness credibility.
Bitcoin, Ethereum Technical Analysis: ETH Below $1,600 Ahead of Key US Economic Releases
Ethereum has started the week below $1,600, as markets appeared to be awaiting the release of several key data points from the United States. After a quiet week, the coming days will see the latest inflation, retail sales, and consumer sentiment…
First Mover Americas: Altcoins Start the Week in the Red
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Animoca plans to develop digital IDs and point system for Web3
Animoca Brands closed a funding round supporting the acceleration of the Mocaverse to create digital IDs and point system for Web3 culture, gaming and entertainment.
Bitcoin Price Confirms Double Top, How Low Can BTC Drop?
Yesterday’s weekly close of the Bitcoin price below the $26,000 mark has raised concerns among analysts and traders. This move could potentially signal a further decline for the leading cryptocurrency, as it appears to be the first step to…
Nigerian Web3 Startup Nestcoin Secures $1.9 million in Funding
The Nigerian Web3 startup Nestcoin has reportedly secured a total of $1.9 million in funding from both existing and new investors. The capital raised will be used to bolster Nestcoin’s finances and further develop the startup’s…
Stellar (XLM) Holds Past Week Gains As Bear Taking Control Of The Market
All eyes are on Stellar (XLM) as it breaches the $0.12 resistance despite the massive onslaught in the crypto market. The token managed to hold its past week’s gains while Bitcoin and other top coins maintained consistent bearish momentum. …
Shiba Inu Community Sounds Warning Alarm As Scammers Siege Shibarium
In a recent development, the Shiba Inu community has warned of a “scam” project that may be responsible for some of the FUD attacks that have plagued the Shibarium network since it launched on August 16. Shibarium Admin Warns Of Scam Project In a…
Environmentalists Rally Against Crypto Mining Facility Renewal in New York, Citing Climate Concerns
Environmental advocates are redoubling their efforts to persuade New York officials to decline an air permit renewal for a cryptocurrency mining facility in North Tonawanda. They assert that the operation imperils residents’ quality of life…
Executives from WeWork, Lehman Brothers, US Bitcoin, and Arrington Capital will serve on the board of the crypto lender’s successor, as will two members of Celsius’ own creditor committee.
Boosting Optimism Protocol: Can Incentives Drive OP Prices Higher?
Optimism (OP) has been at the forefront of the blockchain industry with its incentive program, which recently led to the protocol’s cumulative trading volume exceeding an impressive $3.8 billion. Analyst Ryan Holloway has shed light on the…
A Look at the Online Safety Bill and How It Might Affect Privacy in the UK
The Online Safety Bill, a piece of legislation that seeks assurances to keep some sites free of illegal and harmful content for U.K. jurisdiction, is facing opposition from tech and messaging giants due to its possible effects on privacy and…
#BitgetTurns5 – In Every Era, There Are Those That Look Towards the Stars
Bitget marked its 5th anniversary today, reflecting on a relentless journey of progress. In an open letter, Managing Director Gracy Chen credits the team’s dedication and users’ support for achievements, and shares some insights. Below are some key…
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