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Polygon Releases 'Chain Development Kit' for ZK-Powered Networks on Ethereum

[Aug 29, 2023 8:00 AM] The Chain Development Kit (CDK) will allow developers to build their own customizable chains, and connect to each other through a ZK-powered bridge to form a “Value Layer.”

First Mover Americas: Is Bitcoin Close to Breaking Out of Its Current Range?

[Aug 29, 2023 6:35 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for August 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Dogecoin's 10% Decline This Year Led By Bearish European Hours

[Aug 29, 2023 6:29 AM] DOGE's cumulative year-to-date return during the European hours were -44.44% at press time.

Tokenized U.S. Treasuries Arrive to XDC Network as Digital Bond Market Grows

[Aug 29, 2023 5:00 AM] The market for tokenized U.S. Treasuries has grown nearly sixfold to $622 million this year, as real-world assets on blockchains keep expanding.

Bitcoin's Most Loyal Holders Continue Accumulation Despite Price Lull

[Aug 29, 2023 4:30 AM] Long-term holders continue to accumulate bitcoin, with 40% unmoved in more than three years, or an all-time high for that metric.

Yearn Finance Voters to Wintermute: Drop Dead

[Aug 29, 2023 4:00 AM] One of the biggest market makers in crypto is having trouble getting nearly free money out of Yearn Finance.

Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums

[Aug 29, 2023 3:19 AM] The crypto investment platform laid off 44 people, or nearly 7% of its employees, about three weeks ago.

Long Bitcoin With Tight Stop Loss in Place, Matrixport Says

[Aug 29, 2023 2:17 AM] Traders should monitor for a potential drop below $25,800, Matrixport's Markus Thielen said while discussing the stop loss.

FTX Customers Hit By ‘Withdrawal' Phishing Mails After SIM Swap Attack

[Aug 29, 2023 12:44 AM] Woes for users of the Sam Bankman-Fried-owned company show no signs of stopping.

DCG Reaches Crucial in Principle Deal With Genesis Creditors, Recoveries Could be Upto 90%

[Aug 29, 2023 12:15 AM] Digital Currency Group (DCG) and Genesis creditors have reached a deal in principle to resolve the claims in the Genesis Capital Chapter 11 cases, according to a court filing on Tuesday.

All of Sam Bankman-Fried's Proposed Expert Witnesses Should be Barred From Testifying: DOJ

[Aug 28, 2023 11:56 PM] All of FTX founder’s Sam Bankman-Fried’s proposed witnesses should be disqualified from testifying because their disclosure filings are insufficient, their experience may be misleading or their planned testimony may not be relevant, prosecutors…

Binance to Offer 'T+3' Daily BNB/USDT Options

[Aug 28, 2023 11:33 PM] The new T+3 BNB/USDT options will have a trading lifetime of three days.

High Proliferation of Crypto Scams in Africa Linked to Limited Educational Efforts — Mitroplus Labs Founder

[Aug 28, 2023 10:30 PM] According to Ivaibi Festo, the founder of Mitroplus Labs, a crypto and blockchain education organization, cybercriminals continue to find success in Africa because not enough is being done to educate residents on the basics of digital assets or the…

Bankman-Fried Lawyers Seek Client’s Temporary Release for Trial Prep

[Aug 28, 2023 5:30 PM] Sam Bankman-Fried’s high-powered legal team is pushing for the FTX founder’s temporary release from jail ahead of his October trial on fraud charges. In a motion filed Thursday, lawyers Mark Cohen and Christian Everdell claim…

SUI and HBAR Slump Ahead of Latest Crypto Token Unlocks

[Aug 28, 2023 5:19 PM] Both protocols have seen their tokens drop more than ether in daily trading as the next unlocks inch closer.

SEC Issues First Enforcement Action Targeting NFTs

[Aug 28, 2023 4:52 PM]

Sam Bankman-Fried Appeals Decision Jailing Him Ahead of Trial: Reuters

[Aug 28, 2023 12:07 PM] Sam Bankman-Fried’s lawyers have appealed a judge’s decision to send him to jail while he is waiting to start trial over several allegations tied to the collapse of his former crypto exchange FTX on October 3, Reuters reports.

Protocol Village: Shibarium Bridge Opens for Token Withdrawals

[Aug 28, 2023 8:51 AM] The latest in blockchain tech upgrades and announcements.

Binance’s Belgian Customers to Use Polish Entity In Bid to Escape Regulators’ Ban

[Aug 28, 2023 8:36 AM] Financial authority FSMA told the company in June to cease serving Belgian customers from outside the European bloc

Awakening of a Bitcoin Giant: $30 Million in BTC Moved From Dormant Wallets After 6-Year Slumber

[Aug 28, 2023 8:00 AM] In 2023, multiple dormant bitcoin transactions caught the public’s attention and made headlines. Sunday night marks another significant event after a ‘sleeping bitcoin’ whale from 2017 stirred, spending an impressive 1,177.89…

Solana-Based Automation Startup Clockwork to Shut Down

[Aug 28, 2023 6:18 AM] Solana-based automation project Clockwork’s developers are moving on from the venture-backed startup after finding it had “limited commercial upside.”

Latam Insights: Brazil’s Lula Pushes for BRICS Currency; Binance Drops Card Programs

[Aug 28, 2023 5:30 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil’s President Luiz Inacio Lula Da Silva pushes to issue a BRICS common currency, Binance drops…

Bitcoin Slumps Under $26K as Bearish Outlook Engulfs Crypto Market

[Aug 28, 2023 5:10 AM] Price-charts suggest more declines ahead even as large investors are adding on their bitcoin holdings, one trader said.

Ethereum's Daily Transaction Fees Hits 8-Month Low of $2.8M

[Aug 28, 2023 5:09 AM] Ethereum's daily total transaction fees fell to 1,719 ETH ($2.8 million) on Sunday, the lowest single-day total since Dec. 26.

Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs

[Aug 28, 2023 4:52 AM] Reliance Industries Ltd. is entering the world of blockchain and central bank digital currencies (CBDCs), its Chairman and Asia's richest man, Mukesh Ambani, announced on Monday.

Robinhood Revealed to Be Third-Largest Bitcoin Holder With $3B in BTC

[Aug 28, 2023 4:02 AM] Robinhood transferred some 118,300 bitcoin to the wallet from several other smaller wallets over a three-month period

UN Secretary General Antonio Guterres Calls for Reform of ‘Outdated, Dysfunctional, and Unfair’ Global Financial Architecture

[Aug 28, 2023 3:30 AM] Antonio Guterres, Secretary General of the United Nations (U.N.), has noted changes that need to happen with today’s financial institutions to fit into the current multilateral world. During the recent BRICS leaders summit, Guterres said that…

Shiba Inu’s Highly Anticipated Shibarium Bridge is Now 'Fully Functional'

[Aug 28, 2023 2:02 AM] Withdrawals can take anywhere from 45 minutes to a week, depending on the token, developers said in a Monday update.

Bitcoin Traders Remain Fearful of 'Tail Risk' Amid Renewed Price Lull: Observers

[Aug 28, 2023 12:51 AM] Tail risk refers to the risk of an asst moving three standard deviations from its current price on the back of a rare event.

Pepecoin Says 'Bad Actors' on Team Stole $15M PEPE

[Aug 28, 2023 12:37 AM] Unprecedented transactions out of a multisig wallet spooked Pepecoin watchers last week.