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First Mover Asia: CBDCs Are the Hottest Issue in Florida Politics; Bitcoin Falls Slightly

[May 4, 2023 7:00 PM]

3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg

[May 4, 2023 6:20 PM] Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.

Montana Passes Bill Protecting Bitcoin Mining From Undue Requirements

[May 4, 2023 4:57 PM] Montana has ratified legislation that protects the right to mine bitcoin, a win for sound money in the midwestern state.The Montana legislature has passed a bill that protects the right to mine bitcoin, among other provisions. The bill is designed…

Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion

[May 4, 2023 3:52 PM] BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.

Bentaus Mining Develops Mining Technician Course At Florida State College Jacksonville, Will Donate Curriculum To West Java

[May 4, 2023 3:40 PM] Indonesian governor Ridwan Kamil joined Bentaus CEO Robert Davidoff at a ribbon cutting ceremony in New York today for the course.Governor Ridwan Kamil of West Java, Indonesia, joined members of the NYC bitcoin community in a ribbon cutting…

Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High

[May 4, 2023 3:30 PM] The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.

North Carolina House Passes Bill Prohibiting State Payments With CBDCs

[May 4, 2023 3:25 PM] Now headed to the state Senate, HB690 rectifies language that previously encompassed Bitcoin in its goal of restricting CBDC usage.The North Carolina House of Representatives has unanimously passed House Bill 690, which prohibits the use of central…

Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains

[May 4, 2023 3:00 PM] The new liquidity pools aim to help users reduce financial risks and increase their profits across networks.

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago

[May 4, 2023 2:56 PM] For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.

Coinbase Shares Rise as Q1 Revenue Grows 23% to $773M From Q4

[May 4, 2023 2:19 PM] The crypto exchange reported first quarter results after the close on Thursday.

Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows

[May 4, 2023 12:03 PM] Ethereum’s Shanghai upgrade spurred deposit inflows to liquid staking protocols, including to the largest player Lido.

Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT

[May 4, 2023 11:50 AM] Activist investors are suing the leader of SpartacusDAO. He hasn't shown up in court after ignoring multiple attempts to serve him.

Bitcoin Focused Non-Profit OpenSats Receives $10 Million From Jack Dorsey’s #Startsmall Initiative

[May 4, 2023 11:20 AM] The funding will aid OpenSats in its mission of supporting open-source development focused on Bitcoin, Nostr and related tech.OpenSats, a non-profit organization that supports the development of free and open-source software and projects focusing…

Blockchain Developer Platform Alchemy Launches Public Support for ZK Rollup Starknet

[May 4, 2023 10:00 AM] The blockchain is the first with native account abstraction that the web3 developer platform offers, allowing developers to build applications with Alchemy’s infrastructure on StarkNet.

Hamilton Lane Offers Polygon-Based Tokenized Access to a Second Fund

[May 4, 2023 9:59 AM] Access to the Senior Credit Opportunities Fund is available through a feeder fund from Securitize.

Florida Takes a Stand Against CBDCs: Anti-CBDC Bill Receives Overwhelming Support in House and Senate

[May 4, 2023 9:30 AM] In the wake of Florida Governor Ron DeSantis’ remarks in Jacksonville on Tuesday, both the Florida House of Representatives and Senate have approved the state’s anti-central bank digital currency (CBDC) legislation, dubbed SB 7054. The…

Alibaba Cloud Builds Metaverse Launchpad on Avalanche

[May 4, 2023 9:27 AM] Named Cloudverse, the launchpad is designed to provide an end-to-end platform for companies to customize and maintain their metaverse spaces.

Stronghold Digital to Add 400 PH/s Capacity Via 4K Bitcoin Miners From Canaan Subsidiary

[May 4, 2023 8:33 AM] The machines will be installed in two tranches, one by mid-May and the second by mid-June.

Coinbase Ventures Backs $10M ZkLink Raise Ahead of Mainnet Launch

[May 4, 2023 8:25 AM] ZkLink offers a zero-knowledge rollup-backed decentralized trading infrastructure that makes it easier to trade between chains.

Robert F. Kennedy Jr. To Make First Appearance As U.S. Presidential Candidate At Bitcoin 2023

[May 4, 2023 8:00 AM] Bitcoin 2023 will host Robert F. Kennedy Jr., who recently defended Bitcoin mining after the Biden Administration proposed a 30% tax on its energy usage. Disclaimer: BTC Inc. owns both The Bitcoin Conference and Bitcoin Magazine.Robert F. Kennedy…

Palm NFT Studio Rolls Out Generative Art Tool for Creators

[May 4, 2023 8:00 AM] The product plugs into the Unreal Engine, a 3D software tool helping creators build out generative art NFT collections.

Alchemy Ventures Backs $4M Round for NFT Platform Vibe

[May 4, 2023 8:00 AM] The no-code NFT-to-product toolset allows creatives to add utility and value to their tokens.

Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust

[May 4, 2023 7:00 AM] The attestation service will allow any Optimism user to create digital sign-offs on all kinds of information involving the blockchain’s activities and users.

OpenTrade Raises Over $1.5M for Building Crypto Structured Financial Products

[May 4, 2023 7:00 AM] The platform will offer liquidity pools for U.S. Treasury bills, later this year.

Gaming Studio Bitblox to Build On-Chain Games for $68B Online Gambling Industry

[May 4, 2023 7:00 AM] Bitblox Games will exclusively build crypto games on the Hxro Network, a Solana-based distributed liquidity layer for betting applications.

U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days

[May 4, 2023 6:47 AM] Coinbase last week argued that the SEC is providing insufficient regulatory guidance for U.S. companies operating in the crypto sector.

First Mover Americas: Bitcoin Pushes Above $29K After Fed Rate Hike

[May 4, 2023 6:21 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Arbitrum-Based Exchange Chronos Attracts $170M to Yield Pools in a Single Day

[May 4, 2023 6:05 AM] The price of the DEX’s native chr token jumped 25% in 24 hours.

North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State

[May 4, 2023 5:43 AM] The U.S. state's House of Representatives voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments.

Pepecoin Funding Rates Remain Negative as Bears Proliferate

[May 4, 2023 5:12 AM] Negative funding rates indicate dominance of bearish positions in the perpetual futures market.