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Number of Ether Staked Has Surged by 4.4 Million Since Shapella Upgrade

[May 23, 2023 2:08 AM] Staking refers to locking coins in the blockchain network in return for rewards.

International Securities Regulator IOSCO Proposes Policy Recommendations for Crypto

[May 23, 2023 1:25 AM] The consultation period closes on July 31.

Crossover Markets Teams With Credit Network Hidden Road to Enable Crypto Trading

[May 23, 2023 1:00 AM] The aim of the collaboration is to avoid conflicts of interest by decoupling trade execution from custody and brokerage.

Aave V2 Users Temporarily Unable to Access $120M on Polygon After Governance Bug

[May 23, 2023 12:56 AM] All funds remain safe and a governance proposal is underway to update the faulty strategy, developers said.

Crypto Exchange OKX Targets France as Regional Hub With Plan to Hire 100 People

[May 23, 2023 12:00 AM] OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval.

Shiba Inu’s Puppynet Testnet Logs 10M Transactions, Putting Ecosystem Tokens in Focus

[May 22, 2023 11:52 PM] Ecosystem tokens shiba inu, leash and bone will be used to transact on the upcoming Ethereum-based blockchain.

FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'

[May 22, 2023 11:02 PM] John Ray III billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials

First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments

[May 22, 2023 6:30 PM] ALSO: Former CoinDesk head of research writes that despite government efforts in such large, emerging countries as Pakistan and Nigeria to curb crypto activity, citizens there seem to be turning to digital assets as a hedge.

Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say

[May 22, 2023 4:55 PM] Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing the crypto miner's bankruptcy said during a Monday hearing as creditors called for the insolvent crypto miner to fast-track its plans�

Dash Blockchain Halts After Upgrade Attempt, Possible Fork Detected

[May 22, 2023 4:30 PM] Multiple sources have reported that the Dash blockchain came to a standstill at block height 1,874,879 following an attempted upgrade to version 19 by the developers. As of now, data indicates that the most recent block verified on the network was…

In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months

[May 22, 2023 4:19 PM] According to data platform CryptoSlam, NFTs on Bitcoin have grossed about $167 million in the past thirty days, creeping up on Ethereum’s number one position, which was roughly $397 million over the same period.

Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report

[May 22, 2023 3:41 PM] The sanctions against Tornado Cash, as well as last year's arrest of the Mango Markets infiltrator, motivate hackers to return their loot, researchers believe.

New Book Reveals Central Banks’ Role in Libor and Euribor Rate-Rigging Scandals

[May 22, 2023 3:30 PM] According to an extract from a book called “Rigged,” central banks and global policymakers helped coordinate the rate-rigging scandals Libor and Euribor on a large scale. Written by Andy Verity, the book exposes how various central banks and…

Bitcoin Developer Introduces Ark, A Layer 2 Protocol For Fast And Efficient Payments

[May 22, 2023 2:58 PM] A Bitcoin developer by the name of Burak recently unveiled Ark, a Layer 2 protocol designed to enable fast and secure transactions. According to a post on the Bitcoin dev mailing list, Ark offers an alternative scaling approach that allows users to…

Bitcoin Spurs 5th Consecutive Week of Outflows at Crypto Investment Funds: CoinShares

[May 22, 2023 2:08 PM] The outflows totalled $32 million last week, pushing total during the streak to $232 million.

Dormant Bitcoin Wallet From 2010 Makes Rare Transaction on 13th Anniversary of Bitcoin Pizza Day

[May 22, 2023 1:30 PM] As bitcoin enthusiasts commemorate Bitcoin Pizza Day, marking the 13th anniversary of Laszlo Hanyecz’s acquisition of two pizzas for 10,000 BTC on May 22, a dormant sleeping bitcoin wallet from July 2010 has made a transaction of 50 BTC…

Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko

[May 22, 2023 1:08 PM] Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion.

Dash Blockchain Halts, Binance Pool Suspends Mining Rewards

[May 22, 2023 11:36 AM] The oldest privacy coin halted after a failed hard fork, the blockchain reportedly split in two

Web3 Infrastructure Company Upstream Launches ‘Learn and Earn’ DAO Course

[May 22, 2023 11:08 AM] To enroll, students must mint a “DAOphin” NFT by Process Grey, the artist behind the popular Goblintown collection.

Neutronpay And Pouch.ph Partner To Offer Affordable Remittances For Canada And Vietnam Using Lightning

[May 22, 2023 11:06 AM] Neutronpay, a digital payment platform based in Canada, has partnered with Pouch.ph to offer fast and affordable remittance services for Filipinos living in Canada and Vietnam. According to a press release sent to Bitcoin Magazine, the partnership…

Seeking Grants Deal with Osmosis, Privacy Blockchain Namada Proposes Airdrop

[May 22, 2023 10:30 AM] Ahead of its mainnet launch Namada’s builders are trying to ink an array of tech and token partnerships.

Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls

[May 22, 2023 9:24 AM] The 13th anniversary of the first bitcoin transaction has taken a nefarious turn with meme coin issuers profiting over $200,000 from pizza-related rug pulls.

Web3 App Development Platform Sort Raises $3.5M to Further Product Growth

[May 22, 2023 9:00 AM] Sort allows developers to incorporate smart contracts into apps

Crypto Exchanges Experience $1.77B Bitcoin and Ethereum Outflow in 30 Days

[May 22, 2023 8:30 AM] Throughout May, the crypto market has remained steady, with a valuation just above the $1 trillion mark. Over the past 30 days, both bitcoin and ethereum prices have remained relatively stable. However, recent data reveals a significant amount of…

SuperRare's Latest NYC Gallery Pop-Up Will Bring Human Connection Back to NFT Art

[May 22, 2023 8:00 AM] The curated NFT marketplace is running a two-month pop-up of 0x.17 gallery, beginning with a solo exhibition from artist Claire Silver about our future with AI.

U.S. Debt Deal Could Weigh On Bitcoin Price, Some Say

[May 22, 2023 7:19 AM] Per Observers, U.S. Treasury's efforts to build back cash balances post-debt deal will suck out the dollar liquidity from system, pushing bitcoin lower.

Crypto Lender BlockFi Shared Unapproved Reorganization Plan 'Prematurely,' Court Says

[May 22, 2023 6:27 AM] The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court.

EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO

[May 22, 2023 6:25 AM] EOS Network Foundation's founder said the other option is a hard fork to exclude EOS tokens held by B1.

First Mover Americas: Bitcoin Price Edges Lower, Tron Rallies

[May 22, 2023 6:20 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Web3 Move-to-Earn App STEPN Integrates Apple Pay for In-Game Purchases

[May 22, 2023 6:00 AM] The blockchain game sees fiat onramps such as Apple Pay as a means onboarding the next 100 million users to Web3, STEPN chief operating officer Shiti Manghani told CoinDesk.