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
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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.
Crypto Trading Platform Hotbit Terminates CEX Operations
[May 22, 2023 4:49 AM] Hotbit users have until 04:00 UTC on June 21 to withdraw their assets from the platform.
Malaysia Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations
[May 22, 2023 2:31 AM] The country's regulator told CEO Leon Li to ensure the website and mobile apps are disabled.
Bitcoin's Trading Range Narrows to Tightest in Months
[May 22, 2023 1:22 AM] Tighter price ranges result from markets running into competing influences. Eventually, some narratives take the back seat, paving the way for a volatility explosion.
DEX Mangrove Launches on Polygon Testnet, Plans to Go Live on Mainnet in June
[May 22, 2023 1:00 AM] Wintermute and Cumberland-backed Mangrove plans a mainnet launch of its programmable order book DEX in early June.
Gemini Says Genesis Parent DCG Missed $630 Million Payment
[May 21, 2023 11:44 PM] Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.
The Kingdom of Bhutan’s Business Division Explores Crypto Ventures With Bitdeer Partnership
[May 21, 2023 11:30 PM] A recent report reveals that Druk Holding & Investments (DHI), the business division of Bhutan’s Royal Government, is exploring crypto initiatives to enhance its portfolio expansion. DHI recently teamed up with Singapore-based crypto company…
Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack
[May 21, 2023 9:34 PM] The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it's a benevolent plan.
First Mover Asia: Will Bitcoin Soon Begin a Retest of 30K?
[May 21, 2023 6:53 PM] ALSO: Crypto companies and trade organization are spending a fraction of the amount that other industries are allocating for lobbying. That may change.
Bitcoin Blockchain Continues to See Growth in Ordinal Inscriptions and BRC20 Tokens
[May 21, 2023 3:30 PM] As of Sunday, May 21, 2023, over 8.3 million Ordinal inscriptions have found their place on the Bitcoin blockchain, accompanied by a count of 24,677 BRC20 tokens. These new BRC20 tokens have also amassed a collective market capitalization of $483…
Crypto Miner Marathon Pledges $500K in Matching Funds to Brink for Bitcoin Development
[May 21, 2023 2:50 PM] Marathon CEO Fred Thiel tells CoinDesk in an interview that he wants to make sure development and maintenance of the open-source Bitcoin Core client software are "properly funded."
De-dollarization Has Already Started, Says Russia’s Foreign Minister Lavrov
[May 21, 2023 1:30 PM] The process of de-dollarization has practically started, according to Russian Minister of Foreign Affairs Sergey Lavrov. Moscow’s top diplomat is convinced that Russia’s position on the matter is shared by many other countries while the West is…
Clash of Presidential Contenders: Bitcoin Gains Prominence as 2024 US Election Approaches
[May 21, 2023 11:30 AM] With the 2024 U.S. presidential election drawing near, the enthusiasm of bitcoin and cryptocurrency advocates has intensified, as two candidates have emerged in the race who openly express their support for bitcoin and willingly accept the dominant…
Stablecoin Economy Shrinks by $7.3 Billion in 2023, USDC and BUSD Record Mass Redemptions
[May 21, 2023 9:30 AM] From the beginning of this year, the crypto economy has surged by 41.77%, reaching a current market capitalization of $1.17 trillion. However, amidst this growth, the stablecoin economy experienced a substantial loss of $7.3 billion within a span…
Africa and Asia-Focused Fintech Jia Raises $4.3 Million in Seed Funding Round
[May 21, 2023 5:30 AM] Jia, a blockchain fintech startup, recently revealed it has raised $4.3 million in a seed funding round which was led by the early-stage consumer crypto fund TCG Crypto. Jia has said it will use the funds raised to bolster its Kenyan and…
Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%
[May 21, 2023 2:19 AM] A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.
Luxury Auction House Sotheby’s Sells Portion of 3AC’s NFT Collection for $2.5 Million
‘Apple and Google Are Systemic Risks to Crypto,’ Says Ex-Coinbase CTO
[May 20, 2023 11:30 PM] Authorities in the U.S. and elsewhere may try to compel tech firms like Apple and Google to exfiltrate private keys from devices and apps under their control, crypto entrepreneur Balaji Srinivasan warned on social media. The former executive of…