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Binance Withdraws German Crypto License Application

[Jul 26, 2023 5:27 AM] The move follows reports had been rejected by financial regulators, and a pullback from markets including Austria, Belgium and the Netherlands

Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts

[Jul 26, 2023 4:56 AM] A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said.

Binance to Reenter Japan in August 2 Years After Regulator's Warning

[Jul 26, 2023 4:40 AM] Leading cryptocurrency exchange Binance will be launching its full service in Japan in August. The return was made possible by Binance's purchase of regulated crypto exchange Sakura Exchange BitCoin last November.

Bitcoin Whale Moves $37M BTC After 11 Years of Dormancy

[Jul 26, 2023 3:41 AM] The movement is the latest in a trend of early buyers and holders moving their tokens to new wallets after several years of inactivity.

Nigeria Is Altering eNaira Model to Promote Use of the Digital Currency: Central Bank

[Jul 26, 2023 3:27 AM] For many citizens, the central bank digital currency isn't easy to use.

Craig Wright Must Pay $516K to Pursue Case Against Kraken, Coinbase: UK Judge

[Jul 26, 2023 2:28 AM] Wright claims he’s Bitcoin White Paper author Satoshi Nakamoto and holds intellectual property rights on numerous cryptocurrencies

Singapore High Court Declares Crypto as Property in Case Involving Bybit

[Jul 26, 2023 2:08 AM] The ruling held that a crypto asset is a “thing in action” enforceable via court orders.

Russian President Vladimir Putin States Emergent Multipolar World Order Will Be ‘More Just’

[Jul 26, 2023 2:00 AM] In a recent article, Vladimir Putin, President of the Russian Federation, outlined his thoughts about the emergence of a new multipolar world order. Putin explained this new configuration will allow different regions, including Africa, the Middle…

Dogecoin Registers Biggest Single-Day Gain in 4 Months, Futures Open Interest Tops $500M

[Jul 25, 2023 11:16 PM] DOGE jumped 10% on Tuesday, its biggest single-day percentage gain since April 3.

First Mover Asia: Bitcoin Awaits Its Spot ETF in Absence of a Macro Catalyst: Crypto CEO

[Jul 25, 2023 7:47 PM] PLUS: At least one bitcoin price indicator suggests that BTC may be turning slightly upward soon, writes a CoinDesk analyst, while Tribe Capital's managing partner sees a DeFi "resurgence."

Bitcoin Stuck Below $30K Before Likely Fed Rate Hike, While DOGE Spikes 7%

[Jul 25, 2023 5:22 PM] Except for the popular meme coin, which was recently up more than 10%, the largest cryptos by market cap were largely unchanged over the past 24 hours as investors awaited a likely 25 basis point increase from the U.S. central bank.

From Vintage to MNTGE: Digital Fashion Brand to Release NFT Patches Linked to IRL Rewards

[Jul 25, 2023 1:35 PM] The patches were designed by 11 artists, including Jen Stark, Nyan Cat creator Christopher Torres and Bored Ape Yacht Club artist Seneca, and are embedded with NFC chips.

Venture Capital Firm a16z Unloads $7M of MKR Tokens as Price Soars

[Jul 25, 2023 12:07 PM] Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the transactions.

DeFi Headed Toward a ‘Major Resurgence,’ Tribe Capital’s Boris Revsin Says

[Jul 25, 2023 11:27 AM] The managing partner of the $1.6 billion investment firm says infrastructure is the key to turning crypto into a $10 trillion industry.

Bridge Protocol LayerZero Passes 50M Cross-Chain Messages

[Jul 25, 2023 11:09 AM] The milestone highlights the demand for crypto users to transfer liquidity between chains and conduct cross-chain token swaps.

Crypto Firm Flashbots Raises $60M in Paradigm-Led Round

[Jul 25, 2023 10:53 AM] The new capital will help develop the SUAVE decentralized platform for maximal extractable value (MEV).

Digital Shovel Unveils NanoPOD, A Compact And Efficient Bitcoin Mining Solution

[Jul 25, 2023 10:50 AM] Digital Shovel, the industry leading manufacturer of turnkey, mobile crypto mining containers, has announced the launch of their latest innovation, the NanoPOD. Designed specifically for small to medium mining operations, the NanoPOD stands out as…

U.S. DOJ Needs 6-8 Weeks to Process Evidence Against Celsius's Former CEO, Attorneys Tell Judge

[Jul 25, 2023 10:37 AM] The U.S. Department of Justice (DOJ) asked a federal judge for six to eight weeks to produce evidence for its case against Alex Mashinsky, the founder and former CEO of crypto lender Celsius.

Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

[Jul 25, 2023 10:30 AM] “Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Crypto Exchange KuCoin to 'Adjust Some Personnel as Needed', but Denies Report of Major Layoffs

[Jul 25, 2023 9:10 AM] A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit.

Avalanche Foundation Commits $50M to Bring More Tokenized Assets to Blockchain

[Jul 25, 2023 8:39 AM] The program follows Avalanche’s initiative to financial institutions to test blockchain services on one of its subnets.

Namibia's Crypto Assets Bill Is Now a Law

[Jul 25, 2023 8:37 AM] Namibia's virtual assets bill was put into law on Friday, according to the Gazette of the Republic of Namibia.

Rare 2010 Bitcoin Block Reward Stirs After 13 Years of Dormancy

[Jul 25, 2023 8:30 AM] On July 24, 2023, a block reward from 2010 was transferred for the first time in 13 years, marking this month’s first expenditure of dormant bitcoin from that year. So far this year, a total of nine such block rewards from the 2010 era have…

Optimism Tokens Worth $36M to Be Unlocked on Sunday; OP Slides 3.5%

[Jul 25, 2023 8:28 AM] Layer-2 blockchain Optimism is set to unlock $36 million worth of tokens on Sunday, and the anticipated increase in supply spurred a 3.5% slump in the blockchain's native token (OP) on Tuesday.

ZkSync's Largest Lender Struck by $3.4M Exploit

[Jul 25, 2023 7:34 AM] EraLend, the largest lending protocol on Ethereum scaling blockchain zkSync, has been hit by a $3.4 million reentrancy attack, according to blockchain security firm CertiK.

Worldcoin Officially Launches, Announces Orb Rollout Expansion in More Than 35 Cities

[Jul 25, 2023 7:30 AM] Worldcoin, the decentralized biometric ID protocol, has officially launched, allowing users to reserve their share of WLD, the incentives-driven token of the protocol, that will be granted when confirming one’s identity using a biometric…

First Mover Americas: Bitcoin at $29K Continues to Trade Near One-Month Low

[Jul 25, 2023 7:17 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Solana-Based NFT Marketplace Exchange.art to Expand Into Ethereum

[Jul 25, 2023 7:00 AM] Larisa Barbu, COO of Exchange.art, told CoinDesk that the marketplace had planned to expand beyond the Solana ecosystem since its launch in 2021.

Worldcoin Token Slumps Amid Crypto Community Unease

[Jul 25, 2023 5:50 AM] Concerns around privacy, security and reported connections to Sam Bankman-Fried and Three Arrows Capital have raised eyebrows in the crypto community.

Crypto Exchange Rain Obtains License to Operate Virtual Asset Brokerage, Custody Service in UAE

[Jul 25, 2023 5:36 AM] Rain's Abu Dhabi-based entity can now offer institutional clients and some retail clients in the UAE the ability to buy, sell and store virtual assets.