Bitfinex Invests in Chilean Crypto Exchange OrionX to Expand Presence in Latin America
[May 24, 2023 8:54 AM] Orionx plans to expand into Mexico, Peru and Colombia by 2024.
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Ava Labs Launches 'No-Code' Web3 Launchpad AvaCloud
[May 24, 2023 8:01 AM] Ava Labs says that new tool will create greater revenue opportunities and "sets the stage for mass adoption-ready cloud-based infrastructure in blockchain."
Voltz Protocol Brings a Wall Street Rates Stalwart to DeFi
[May 24, 2023 8:00 AM] SOFR – which Voltz’s new product is tied to through the Avalanche blockchain – is used to set interest rates on TradFi loans, bonds and other products in the U.S.
Dispersion Capital Opens $40M Fund for Web3 Infrastructure
[May 24, 2023 7:46 AM] The fund was founded by Patrick Chang, an active angel investor in the crypto industry.
Layer 1 Blockchain Tenet Partners With Conflux and Qtum for More Exposure in China
[May 24, 2023 7:30 AM] The partnerships are aimed at increasing the liquid staking industry’s presence in Chinese markets.
Crypto’s Fentanyl Trade Worth Tens of Millions: Security Researchers
[May 24, 2023 7:00 AM] Reports from Chainalysis and Elliptic point to the trade for fentanyl precursors and fentanyl itself being fuelled by crypto.
TradFi Hedge Fund Hunting Hill Starts Crypto Arm
[May 24, 2023 7:00 AM] Hunting Hill Digital’s first product will be the Crypto 25 Fund, a source told CoinDesk.
First Mover Americas: Bitcoin Dips Below $27K After Hot UK Inflation Report
[May 24, 2023 6:30 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Non-Profit Organization Energy Web Starts Sustainability Registry for Bitcoin Miners
[May 24, 2023 6:06 AM] Miners will be scored on their use of clean energy and grid impact.
Tornado Cash Dev Facing Dutch Charges to Question Chainalysis Data Alleging Criminal Links
[May 24, 2023 5:42 AM] Lawyers for the privacy protocol developer have disputed the evidence purporting to prove links to criminal money.
Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report
[May 24, 2023 4:50 AM] Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers.
Attackers Left Empty-Handed as Crypto Hacks Drop 70% in Q1 2023
[May 24, 2023 4:35 AM] Attacks and hacks on key protocols fell 70% in Q1 2023 compared to the same period in 2022 and were lesser than in any quarter last year.
FATF Did Not Require Pakistan to Ban Crypto to Stay Off Its 'Grey List'
[May 24, 2023 2:12 AM] The Financial Action Task Force has said it does "not require countries to indiscriminately ban virtual assets and virtual asset service providers," after Pakistan's Minister of State for Finance and Revenue said crypto cannot be legalized due to…
Bitcoin, Ether Slip as UK Core CPI Reaches Highest Since 1992
[May 24, 2023 2:01 AM] The annualized 3-month trend in UK core CPI is running at a whopping 13.6%, per the UK Office of National Statistics.
'Chinese Ethereum’ Conflux Draws Spotlight as Hong Kong Welcomes Retail Traders
[May 24, 2023 12:43 AM] CFX tokens initially spiked in price after Hong Kong’s decision on retail investors, which some say could lure capital from Chinese investors.
First Mover Asia: Crypto’s Narrative of This Season Is No Narrative at All
[May 23, 2023 6:52 PM] ALSO: Hong Kong’s proposed crypto exchange rules value TradFi chops over crypto knowledge. What are the key potential changes?
Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue U.S. Debt Limit Vigil
[May 23, 2023 3:52 PM] Ether and most other major altcoins rise slightly, even as stocks drop amid worries about whether U.S. lawmakers will reach an agreement before June 1.
Bitcoin HODLing Has Never Been More Popular
[May 23, 2023 3:49 PM] More BTC than ever has been held for at least a year, according to Glassnode, a potentially bullish sign.
Dash Block Production Resumes After Disruption Amidst Miner Complaints
[May 23, 2023 3:30 PM] After experiencing a disruption while attempting to upgrade the Dash blockchain, the network has now resumed block production. As of the time of writing, 552 blocks have been confirmed since the incident. Despite the onchain resolution provided by…
Bankrupt Crypto Exchange FTX Continues to Explore Potential Relaunch, Court Records Reveal
Upstream Data Sues Crusoe Energy Over Waste Gas Mining Patent
[May 23, 2023 1:34 PM] Crusoe is not a pioneer, but a follower, says the lawsuit filed by Stephen Barbour's mining firm.
Upstream Data Files Lawsuit Against Crusoe Energy Systems For Bitcoin Mining Operations
[May 23, 2023 1:11 PM] Canadian Bitcoin mining corporation Upstream Data Inc. has filed a patent infringement lawsuit against Delaware limited liability company Crusoe Energy Systems LLC in the United States District Court for the District of Colorado. The lawsuit…
Zuzalu Is 2 Months in Montenegro With Crypto Elites, Cold Plunges, Vitalik Selfies
[May 23, 2023 12:54 PM] This invite-only gathering of 200 people in the Mediterranean marina town of Lustica Bay has been taking place since late March and wraps up this week, featuring official sessions on zero-knowledge cryptography, twice-a-day jumps into the Adriatic…
Coliving Project Cabin Wants to Put Digital Nomads in Nature
[May 23, 2023 12:35 PM] Cabin just announced plans for the first “network city,” a global alliance of self-governing neighborhoods accessible to “citizens'' who hold NFTs.
Bitcoin Stamps Approach 50,000 Recorded on Blockchain Alongside Introduction of SRC20 Tokens
[May 23, 2023 10:30 AM] With nearly nine million Ordinal inscriptions, the trend that followed, called Bitcoin Stamps, is nearing a milestone of nearly 50,000 stamps recorded on the Bitcoin blockchain. Additionally, similar to the BRC20 token economy, the Bitcoin Stamps…
Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East
[May 23, 2023 10:12 AM] Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month and develop tokenized money market funds.
Binance Blasts 'Desperate' Reuters Report It Commingled Customer and Company Funds
[May 23, 2023 10:05 AM] "We’ve addressed this on multiple occasions. We keep our user and corporate funds on completely separate ledgers," Patrick Hillmann, Binance's chief communications officer tweeted on Tuesday.
EU Banks Could Access Stablecoins More Easily Under Leaked Plans
[May 23, 2023 9:59 AM] The European Commission's plans could moderate a push from Parliament to discourage crypto holdings as it debates new capital requirements for banks.
U.S. is 'Losing' the Bitcoin Movement: Cathie Wood
[May 23, 2023 9:58 AM] Cathie Wood also referenced last year's dramatic collapse of crypto exchange FTX, saying it "proved the concept" of bitcoin
Sorare Carves Out Unique Entry Method for France Due to NFT Regulations
[May 23, 2023 9:56 AM] The Web3 fantasy sports game is working with the French National Gaming Authority to create a framework for France-based players who face a tighter regulatory regime.