Protocol Village: Morph EVM Raises $19M in Seed Round Led by Dragonfly
[Mar 20, 2024 3:50 PM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 21-26.
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Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars
[Mar 20, 2024 2:38 PM] Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market risk of a more hawkish stance.
Crypto Lender Genesis Requests US Bankruptcy Court to Approve ‘Settlement Principle’
[Mar 20, 2024 2:30 PM] The insolvent cryptocurrency lender, Genesis, has petitioned a U.S. bankruptcy court to approve a proposed settlement principle announced on Feb. 28. According to an update, if the court approves the settlement, Genesis Earn users will receive all…
Coinbase's Base Chain Warns of 'Stuck' Transactions Amid Traffic Surge
[Mar 20, 2024 1:05 PM] The Ethereum layer-2 chain's status page warns users of high fees and slowdowns as traders flock to new Base meme coins.
Ethereum Foundation Receives Confidential State Inquiry, Removes Warrant Canary Icon From Github Repo
The Protocol: Bitcoin Halving in 3 Weeks, Solana's Yakovenko on Meme Coins
[Mar 20, 2024 1:00 PM] There's no slowdown in blockchain news, with Ethereum's Dencun upgrade in the rear view mirror and Bitcoin's halving now just over three weeks away. We spoke with Solana's Anatoly Yakovenko about the meme coin frenzy stressing the suddenly-active…
Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill
[Mar 20, 2024 12:29 PM] U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote.
NBA All-Star Tyrese Haliburton Talks Ethereum and Potentially Receiving Salary in Crypto
[Mar 20, 2024 12:24 PM] Professional basketball player and NBA All-Star Tyrese Haliburton has said that he would consider taking a portion of his salary in cryptocurrency.
Federal Reserve Keeps Interest Rates, Rate Cut Outlook Steady for This Year
[Mar 20, 2024 12:19 PM] Policymakers forecasted Wednesday they would lower interest rates to 4.6% by year-end, similarly to their December projection.
Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports
[Mar 20, 2024 11:05 AM] CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security.
Solana Strained by Meme Coin Mania, But Co-Founder Yakovenko Welcomes the Test
[Mar 20, 2024 10:33 AM] In an exclusive interview with CoinDesk, Solana co-founder Anatoly Yakovenko weighs in on the meme coin frenzy that has brought attention activity to the blockchain – along with complaints that transactions aren't going through.
Guilty Verdict for Woman Accused of Laundering Bitcoin Tied to Alleged $6B China Fraud: Bloomberg
[Mar 20, 2024 10:32 AM] Police in the U.K. seized over 1.7 billion pounds ($2.2 billion) worth of related bitcoin in 2018.
Ethereum Foundation Faces Inquiry From a Government; Fortune Says SEC Investigating ETH
[Mar 20, 2024 9:15 AM]
Do Kwon Appeal of South Korea Extradition Rejected by Montenegro Court
[Mar 20, 2024 8:33 AM] The U.S. is also seeking Kwon's extradition despite the Montenegrin court's decision to send him to South Korea.
Bitcoin's Halving May Be Here Sooner Than You Know (Again)
[Mar 20, 2024 8:30 AM] Several months ago, the halving was expected to take place on April 28; now it's on track to land on April 18. Blame the surge in bitcoin's price, which has attracted more mining power and sped up the network.
Tornado Cash Dev Pertsev's $1.2B Money Laundering Allegations Detailed Ahead of Dutch Trial
[Mar 20, 2024 8:01 AM] Pertsev's trial is set to take place on March 26 and 27 in a 'S-Hertegonbosch court.
Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming
[Mar 20, 2024 7:30 AM] Kraken Institutional operates under the exchange’s state-chartered banking license in Wyoming, attained back in 2020.
Berachain's Crypto Trade Aggregator Ooga Booga Raises $1M
[Mar 20, 2024 7:00 AM]
First Mover Americas: BTC's Drop Below $62K Is the Biggest Single-Day Loss Since FTX’s Collapse
[Mar 20, 2024 6:31 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Starknet, an Ethereum Layer 2, Plans 'Parallel Execution' to Mimic Solana's Speed Feature
[Mar 20, 2024 6:00 AM] The new feature, described as "multitasking for rollups," is on Starknet's project road map for the second quarter of 2024, released Wednesday.
Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors
[Mar 20, 2024 5:00 AM] Meld, which is in partnership with the layer-1 blockchain of the same name, signed an initial agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December.
Bitcoin Climbs Above $63K, Crypto Longs Take On $600M in Liquidations
[Mar 20, 2024 4:24 AM] The broad-based CoinDesk 20, an index of various major tokens minus stablecoins, was little changed over the past 24 hours with losses of just 0.34%.
Solana Leapfrogs Ethereum on DEX Volume
[Mar 20, 2024 4:04 AM] The meme coin frenzy seems to have catalyzed higher volumes on the Solana blockchain, which also boasts greater capital efficiency than Ethereum.
3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt'
[Mar 20, 2024 1:59 AM] Kyle Davies, the co-founder of the now-defunct Three Arrows Capital, has stated that he is not sorry for the company going bankrupt.
Russia Introduces Bill to Apply Money Laundering Controls to Digital Ruble Transactions
[Mar 20, 2024 1:30 AM] A group of lawmakers in Russia introduced a bill that would extend money laundering controls to digital ruble transactions. The proposal, spearheaded by the Chairman of the State Duma Committee on the Financial Market Anatoly Aksakov, establishes…
Bitcoin Registers Biggest Single-Day Loss Since FTX's Collapse
[Mar 19, 2024 11:28 PM] Spot BTC ETFs witnessed record outflows on Tuesday, provisional data from Farside show.
Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny
[Mar 19, 2024 8:26 PM] Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking Committee chairman who has stood in the way of…
DOJ's Proposed 50-Year Sentence for Sam Bankman-Fried 'Disturbing,' FTX Founder's Lawyers Say
[Mar 19, 2024 7:12 PM] Sam Bankman-Fried's defense team pushed back against what it called the "disturbing" sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not.
Salvadoran Press Raises Doubts on Piggy Bank Funds’ Ownership: 80% of BTC Came From Bitfinex
[Mar 19, 2024 6:30 PM] Reports from local Salvadoran press are raising questions about President Bukele’s announcement last week, when he transferred 5,690 BTC to a cold wallet, stating that all of these belonged to the country. Moises Alvarado, a Salvadoran…
Immutable, King River Capital, Polygon Labs Set Up $100M Web3 Gaming Fund
[Mar 19, 2024 4:00 PM] Immutable and Polygon Labs will identify investment opportunities while King River will manage the investment process and deploy the capital across game studios and web3 infrastructure firms.