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Digital Currency Group Appoints Mark Shifke as Chief Financial Officer

[Jul 31, 2023 11:30 AM] Shifke fills the gap left when Michael Kraines stepped down as CFO in April.

DCG Says It Sees Resolving Genesis Chapter 11 Bankruptcy Soon

[Jul 31, 2023 11:27 AM] Digital Currency Group comments on the restructuring in an investor letter.

DYdX Proposal to Slash Token Issuance Wins Early Support

[Jul 31, 2023 11:15 AM] In theory, this could boost the price of DYDX, based on the basics of supply and demand.

Coinbase’s New Base Blockchain Gobbled Up $68M in Ether, and It’s Not Even Officially Live Yet

[Jul 31, 2023 11:00 AM] Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge.

Tiny Bitcoin ATM Firm Plans to Fight Giant Swiss Regulator in David vs Goliath Battle

[Jul 31, 2023 10:48 AM]

NFT Now Cuts Jobs in Restructuring Move

[Jul 31, 2023 10:21 AM] Alejandro Navia, President of NFT Now, tweeted that the Web3 publication had “over-hired.” Meanwhile, another founder of NFT Now’s Twitter was hacked over the weekend.

Tether Reports $3.3B in Excess Reserves in Q2, Up $850M for the Quarter

[Jul 31, 2023 10:07 AM] The company said its operational profits exceeded $1 billion in Q2 this year.

Barbie's Margot Robbie Has a Take on Bitcoin, Says It's a Ken Thing

[Jul 31, 2023 9:45 AM] MicroStrategy's Michael Saylor took the connection a bit further, tweeting that "Bitcoin is Big Ken Energy."

SEC Files Lawsuit Against Richard Heart and Companies Hex, Pulsechain, and Pulsex

[Jul 31, 2023 9:30 AM] The U.S. Securities and Exchange Commission (SEC) filed a lawsuit Friday against Richard Schueler, known as Richard Heart, and his companies Hex, Pulsechain, and Pulsex, alleging they raised more than $1 billion through unregistered securities…

Larry Fink Got 'Orange-Pilled', Says Galaxy Digital's Mike Novogratz: Bloomberg

[Jul 31, 2023 9:20 AM] Galaxy Digital CEO Mike Novogratz said Fink is "the most important thing that happened this year in bitcoin."

Ribbon Finance Settles First On-Chain Ether 'Autocallable' With Marex and MEV Capital

[Jul 31, 2023 9:17 AM] The onchain execution of structured products promises transparency to investors and eliminates counterparty risks.

U.S. SEC Sues Richard Heart, Hex, PulseChain on Unregistered Securities, Fraud Allegations

[Jul 31, 2023 8:44 AM] The U.S. Securities and Exchange Commission (SEC) sued internet marketer Richard Schueler, known online as Richard Heart, and his projects Hex, PulseChain and PulseX, alleging he raised over $1 billion across three different unregistered securities…

Bank of Korea to Exclude Seoul From CBDC Pilot Study Next Year: Report

[Jul 31, 2023 8:43 AM] Jeju, Busan and Incheon are in the running to be considered.

Crypto Hacks and Exploits Cost Traders $303M in July; Worst Month of 2023

[Jul 31, 2023 7:44 AM] Some $52 million of assets were siphoned from Curve Finance just this weekend.

Celo Proposal to Migrate to Ethereum Layer 2 Passes

[Jul 31, 2023 7:41 AM] The change seeks to simplify liquidity sharing between Celo and Ethereum while boosting security.

BALD Token Plunges 90% as Developer Pulls Liquidity

[Jul 31, 2023 7:06 AM] BALD launched a little over 24 hours ago and has attracted massive hype - and millions in capital - to Base blockchain.

First Mover Americas: Curve Finance Exploit Puts More Than $100M of Crypto at Risk

[Jul 31, 2023 6:52 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for July 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Firms Raised $129M Last Week, Led by Flashbots

[Jul 31, 2023 6:49 AM] The startup, focused on maximal extractable value (MEV) in blockchain transactions, raised $60 million in funding.

Bullish MicroStrategy Analysts Raise Price Targets Ahead of Q2 Earnings

[Jul 31, 2023 6:00 AM] Analysts are bullish on software company MicroStrategy (MSTR), which reports earnings for the second quarter after the market close on Tuesday, and it’s all thanks to the many bitcoin (BTC) it holds.

Eritrean President Isaias Afwerki: ‘We Need a New Financial Architecture Not Controlled by the Dollar or the Euro’

[Jul 31, 2023 5:30 AM] Isaias Afwerki, president of Eritrea, reinforced the need for building a new economic system away from the traditional centers of power. At the second Russia-Africa Summit, Afwerki told Russian President Vladimir Putin that the current world order…

Crypto Catalysts: Jobs Data to Highlight the Week’s Macro Releases

[Jul 31, 2023 5:30 AM] Among other reports, investors will be eyeing ADP’s private sector jobs total, which last month, soared beyond expectations, a concern for central bankers and other inflation watchers.

Fantasy-Sports Firm Sorare Looks to Increase Appeal by Diluting Crypto Association

[Jul 31, 2023 5:00 AM] While Sorare has over 5 million registered users, it is looking to fuel further growth by adding support for the U.S. dollar, euro and British pound.

HSBC-Owned Hang Seng Bank Limits Crypto Companies to ‘Simple’ Accounts: Report

[Jul 31, 2023 3:33 AM] The report comes as Hong Kong’s Monetary Authority (HKMA) reminds banks that there is no ban on offering crypto companies accounts.

Curve Finance's Token Surges 500% on Bithumb After Major Exploit

[Jul 31, 2023 3:25 AM] The CRV/KRW pair listed on South Korea's Bithumb exchange has decoupled from the CRV/USD pairs listed on Western exchanges that exhibit price weakness.

Trader Turns $500 to Million-Dollar Fortune With BALD Meme Coin on Coinbase’s Blockchain

[Jul 31, 2023 3:18 AM] A meme coin frenzy has ensued on Coinbase’s layer 2 blockchain even as the network is not officially live yet.

Binance's Activities Are Illegal in Nigeria, Securities Regulator Says

[Jul 31, 2023 3:15 AM] The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors.

Upbit Halts CRV Withdrawal and Deposit After Curve Finance Exploit

[Jul 31, 2023 1:56 AM] Other exchanges say they are monitoring the situation closely but have not taken any action.

Binance Wins Operational License in Dubai

[Jul 31, 2023 1:01 AM] Binance, the world's largest cryptocurrency exchange, has won a licence to operate in Dubai after meeting pre-conditions set since receiving a preparatory licence in September 2022.

Bitcoin Teases $29.5K, Ether Drops as 'Accumulator Season' Begins

[Jul 31, 2023 12:11 AM] BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered an exploit.

Crypto Futures Show Bias for Uniswap's UNI Token After Curve Finance Exploit

[Jul 31, 2023 12:11 AM] UNI perpetual futures trade at 20% premium as traders expect Uniswap to gain even more market share after the CRV exploit, one research head said.