Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets
[May 15, 2023 10:00 AM] The company raised $4.2 million in seed round, led by ElectricCapital.
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Web3 Education Leaders Team Up to Roll Out Beginner NFT Platform HeyMint
[May 15, 2023 10:00 AM] The platform will allow artists to mint their creative assets, enforce royalties on-chain and sell their NFTs in a process meant for Web3 beginners.
Polygon Co-Founder Launches Web3 Fellowship Program
[May 15, 2023 9:31 AM] Sandeep Nailwal and his venture capital arm Symbolic Capital will invest $50,000 on a new cohort each year.
Bitcoin Has a 'Real Problem' in U.S.: Paul Tudor Jones
[May 15, 2023 9:01 AM]
Los titulares de ether deben esperar casi un mes para poder bloquear el token
[May 15, 2023 8:45 AM] La demanda para el staking de ether aumentó y dejó tiempos de espera de más de un mes para obtener un rendimiento anualizado de 5% a partir del lunes.
BlockFi Claims Against FTX, Alameda 'Largest Driver' of More Than $1B in Asset Recoveries, Firm Says
[May 15, 2023 8:07 AM] The litigation supporting claims against its commercial counterparties is set to make a difference "in excess of $1 billion" to creditors, court filings say.
Bitcoin Cash Achieves Milestone Upgrade, Unleashing Cashtokens’ Transformative Features
[May 15, 2023 7:51 AM] On May 15, 2023, the Bitcoin Cash network achieved another annual milestone by seamlessly integrating four cutting-edge features into its consensus ruleset. At precisely 1:24 p.m. UTC on Monday, the eagerly anticipated upgrade went live, marking a…
South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers
[May 15, 2023 7:20 AM] Lawmaker Kim Nam-kuk resigned from the opposition party after his crypto transfers incited controversy.
Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows
[May 15, 2023 6:45 AM] In Q1 2023, the bitcoin miner's net loss per share narrowed to 1 cent, from 8 cents the previous quarter.
Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment
[May 15, 2023 6:23 AM] The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.
First Mover Americas: Bitcoin Bounces Back From Friday Lows
[May 15, 2023 6:11 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February
[May 15, 2023 6:03 AM] Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.
Ribbon Finance's Decentralized Exchange Aevo Unveils Altcoin Options Trading
[May 15, 2023 5:00 AM] Users will be able to trade options tied to coins like LDO, PEPE, SUI, ARB, LTC, APT, and others, which was previously possible only through an over-the-counter desk. .
G-7 Finance Ministers Discuss Crypto Regulation Ahead of Japan Summit Next Week
[May 15, 2023 4:45 AM] Representatives for the seven advanced economies signaled a commitment to following norms set by standard-setters FSB and IMF on crypto and central bank digital currencies.
SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K
[May 15, 2023 3:55 AM] A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC.
Ether Holders Embrace Near Month-Long Wait for Staking ETH
[May 15, 2023 3:14 AM] Demand for staking ether has surged, resulting in wait times of over a month for a 5% annualized yield as of Monday.
U.S. DOJ's Crypto Enforcement Director Promises Crackdown on Illicit Behavior on Exchanges: FT
[May 15, 2023 2:42 AM] Eun Young Choi said the DoJ is targeting crypto exchanges that allow "criminal actors to easily profit from their crimes and cash out,"
South Korean Politician Quits Party Over Crypto Scandal
[May 15, 2023 2:30 AM] A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves…
Bitcoin Cash Prices Bump Ahead of ‘CashTokens’ Upgrade
[May 15, 2023 12:58 AM] The upgrade is set to go live on mainnet at noon UTC on Monday.
Latam Insights: Bolivia Mulls Chinese Yuan for Trade Settlements, Steve Hanke Proposes 30-Day Solution for Venezuelan Inflation
[May 14, 2023 11:30 PM] Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia mulls using the Chinese yuan in international trade settlements, inflation reaches…
Jack Butcher Expands Checks NFTs Ecosystem With Physical Print-Backed 'Elements' Collection
[May 14, 2023 8:16 PM] The artists' new NFT collection, featuring the signature Checks grid, explores the four classical elements of earth, fire, water and air.
First Mover Asia: Bitcoin Regains $27K Amid Encouraging Macro, Technical Signs
[May 14, 2023 7:51 PM] ALSO: The stablecoin supply ratio has dropped 11% over the past 11 days, suggesting that buying power for stablecoins is increasing, writes CoinDesk analyst Glenn Williams.
Hedge Fund Mogul Stanley Druckenmiller Warns of ‘Hard Landing’ for US Economy
[May 14, 2023 4:30 PM] Billionaire hedge fund manager Stanley Druckenmiller has a dire prediction for the U.S. economy: a recession is looming, and it’s likely set to hit this June. Druckenmiller’s forecast comes as American consumer spending remains low, and is…
Bitcoin Makes Progress in Clearing Backlog, but Lightning Network Capacity and Channels Dropped Amid Congestion
[May 14, 2023 9:30 AM] In the past week, the Bitcoin network has made progress in resolving its congestion issues. On May 7, 2023, the number of unconfirmed transactions reached an all-time high of over 500,000 transfers, causing a major backlog. However, as of today…
IRS, Chainalysis Helping Ukraine Track Russians Using Crypto to Evade Sanctions
[May 14, 2023 4:00 AM] The U.S. Internal Revenue Service (IRS) said it’s working closely with Ukraine to help it trace crypto transactions of Russian sanctions evaders. The agency is providing the Ukrainians access to a Chainalysis tool as well as specialized training to…
Gallup Poll: Americans’ Preference for Real Estate, Crypto Plunges — Fondness for Gold Skyrockets
[May 14, 2023 12:00 AM] A recent Gallup Poll reveals a significant decline in the percentage of Americans favoring real estate as their preferred long-term investment, despite its continued popularity. Conversely, the Gallup survey indicates that the perception of…
Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network
[May 13, 2023 2:00 PM] On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However…
Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions
[May 13, 2023 12:00 PM] Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of…
Quadriga CX Customers to Finally Receive Payout: Creditors to Get 13% per Dollar
[May 13, 2023 10:00 AM] EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency exchange, which had sought bankruptcy protection in 2019 with liabilities of…