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Ex-Sushi CTO Led NFT Lending Platform Astaria Rolls Out to Public

[May 25, 2023 8:00 AM] 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.

South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report

[May 25, 2023 7:52 AM] Lawmakers recently called for the Bill to take effect within two months.

Binance Launching NFT Loan Feature

[May 25, 2023 7:34 AM] 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.

Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund

[May 25, 2023 7:15 AM] The firm has so far received $20 million out of its $100 million target for the fund.

Sam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain Capital

[May 25, 2023 7:00 AM] Other investors in the Series C round included Bain Capital Crypto and Distributed Global.

Bitcoin's Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin

[May 25, 2023 7:00 AM] Stablecoin issuer Stably is launching a dollar-backed stablecoin for traders of Bitcoin NFTs and BRC-20 tokens.

IoT Devices Can Now Connect to Both Helium Network and Amazon Sidewalk

[May 25, 2023 7:00 AM] The partnership will enable IoT solution providers to benefit from Amazon Sidewalk’s network and Helium’s network.

First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?

[May 25, 2023 6:19 AM] 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.

Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama

[May 25, 2023 5:42 AM] The renewed bias for bitcoin puts is consistent with the increased demand for downside protection seen in the options market tied to S&P 500.

Crypto Exchange Coincheck's Nasdaq Listing Could Be Delayed Again

[May 25, 2023 5:24 AM] A merger with Thunder Bridge Capital may not be completed by a July 2 deadline, potentially causing a further year's delay.

Study: Africa Likely to Leapfrog Leading Fintech Regions if It Adopts New Technologies

[May 25, 2023 4:00 AM] Africa will likely leapfrog the top fintech regions if startups on the continent adopt new technologies, the Global Fintech 2023 report by the Boston Consulting Group and QED Investors has said. The report points to the African continent’s…

BNB Chain Expected to Undergo ‘Luban’ Upgrade in June. Here’s all You Need to Know

[May 25, 2023 3:45 AM] Three distinct enhancements aim to make the network faster and more secure.

Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog Concerns

[May 25, 2023 3:24 AM] Risks from smart contracts, high leverage and crypto staking and lending may imply a need for new regulations, the European Systemic Risk Board said

Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake

[May 25, 2023 2:18 AM] Open source software isn’t property, and current sanctions laws are ill-equipped to handle this, lawyers argue.

Do Kwon's Detention in Montenegro Extended After High Court Decision to Revoke Bail

[May 25, 2023 2:04 AM] 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.

Binance CEO Claims Chinese Communities Are ‘Buzzing’ After CCTV Airs Crypto Segment

[May 25, 2023 2:00 AM] On May 24, Binance CEO Changpeng Zhao, also known as CZ, shared through Twitter that “Chinese speaking communities are buzzing” following a news broadcast by state-operated media network China Central Television (CCTV) regarding Hong…

Crypto Trading Platform Bitget to Offer Off-Exchange Settlement With Copper’s ClearLoop

[May 25, 2023 2:00 AM] Digital assets safely held within Copper’s infrastructure can be simultaneously delegated to trade on Bitget.

Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections

[May 25, 2023 1:36 AM] Bitcoin-based NFT collections have triumphed over Solana and Polygon-based offerings in recent weeks.

Bitcoin's 'Ichimoku Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis

[May 25, 2023 1:13 AM] Ichimoku Cloud, created by Japanese journalist Goichi Hosada in the 1960s, is widely used to gauge momentum and trend strength.

Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens

[May 25, 2023 1:05 AM] The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday.

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius

[May 25, 2023 12:38 AM] 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’

[May 24, 2023 10:14 PM] 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

[May 24, 2023 6:45 PM] 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.

Bitpanda Partners With Coinbase to Help Europe’s Banks Offer Crypto to Customers

[May 24, 2023 5:01 PM] Coinbase will use Bitpanda Technology Solutions, a business-to-business infrastructure layer provider, to connect directly into banks and fintechs.

Stablecoin Market Shrinks for 14th Straight Month, Posing Potential Headwinds for Crypto Prices

[May 24, 2023 4:06 PM] The continued contraction of the stablecoin market capitalization suggests that the crypto markets are still in their bear phase, macro analyst Tom Dunleavy said.

Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, but Experts Warn of Temporary Relief

[May 24, 2023 4:00 PM] On May 22, 2023, a report released by the blockchain analysis firm TRM Labs delved into nearly 40 hacks and assaults on cryptocurrency projects within the first quarter, discovering a 70% decline in incidents over the previous three months. The…

Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes

[May 24, 2023 3:14 PM] The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data.

MicroBT COO Jordan Chen Discusses The Company's Long-Term Goals And The Newest Whatsminers At Bitcoin 2023

[May 24, 2023 3:03 PM] MicroBT, a leading manufacturer of Bitcoin mining rigs, is focused on addressing the need for upgraded power sources in bitcoin mining. In an interview conducted at Bitcoin 2023 in Miami Beach, MicroBT's COO, Jordan Chen, emphasized the company's…

BIT Mining And Chain Reaction Partner To Create New Bitcoin Mining Systems

[May 24, 2023 1:58 PM] BIT Mining Limited has announced a collaboration with semiconductor company Chain Reaction to develop next-generation systems for bitcoin mining. According to a press release, the collaboration aims to leverage Chain Reaction's ‘EL3CTRUM ASIC’…

Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks

[May 24, 2023 1:53 PM] 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…