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Polkadot Revamps Governance System, Removes ‘First Class Citizen’ Voting Groups

[Jun 15, 2023 7:00 AM] The new Polkadot OpenGov system allows multiple voting tracks to take place simultaneously without bottlenecks.

Wallet Linked to Curve Founder Repays $1.3M to Aave Amid CRV Token Decline

[Jun 15, 2023 6:53 AM] Lending protocol Aave DAO has already been recommended to “freeze” millions worth of CRV tokens.

First Mover Americas: Bitcoin Tumbles Below $25K

[Jun 15, 2023 6:16 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cross-Chain Bridge deBridge Launches App for Trading Without Liquidity Pools

[Jun 15, 2023 6:00 AM] The DLN app is now live with support for Ethereum, Arbitrum, Polygon, Fantom, BNB Chain, and Avalanche.

Colombia’s Central Bank Partners with Ripple to Explore Blockchain Use Cases

[Jun 15, 2023 6:00 AM] The Latin American country will conduct a pilot to test Ripple's technology for its high-value payments system.

EU’s Leaked Digital Euro Bill Outlaws Interest, Large Holdings, Programmability

[Jun 15, 2023 4:34 AM] The central bank digital currency must be usable offline from day 1 to safeguard privacy, the draft law says.

Bitcoin Halving History Provides Little Guidance on Outcome: Coinbase

[Jun 15, 2023 4:13 AM] The block reward halving event is often viewed positively as it enhances the cryptocurrency’s prospective scarcity, the report said.

Crypto Exchange OKX Wins Preparatory License in Dubai, Set to Boost Staff

[Jun 15, 2023 4:00 AM] Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives, and fiat services, including U.S. dollar and UAE dirham deposits and withdrawals.

Crypto Exchange Bybit Integrates ChatGPT Into Trading Tools

[Jun 15, 2023 4:00 AM] Traders will be able to analyze market data with the tool.

XRP, ADA Lead Declines in Major Cryptocurrencies as Bitcoin Drops Below $25K

[Jun 15, 2023 2:26 AM] Losses on major tokens extended to over 7.4% in the past 24 hours, data shows.

Crypto Lender Celsius Updates Bankruptcy Plan After Fahrenheit Deal

[Jun 15, 2023 2:24 AM] The new filing is set to face legal opposition from borrowers.

USDT Selling on Curve, Uniswap Spooks Traders Amid Bitcoin Drop

[Jun 15, 2023 12:55 AM] USDT holdings on Curve’s popular ‘3pool’ have risen to over 72% as of Thursday morning, suggesting a sudden disbalance.

3AC Seeks Contempt of Court Ruling on Founder Kyle Davies for Failing to Respond

[Jun 15, 2023 12:04 AM] Ignoring a subpoena warrants a fine of $10,000 per day, the estate of his hedge fund argues

Crypto Exchange Bit2Me Raises $15M to Grow in Spain and Latin America

[Jun 15, 2023 12:00 AM] The investment round included Telefónica Ventures, the investment arm of Spain’s largest telecommunications company Telefónica.

Hong Kong Put Pressure on Three Major Banks to Take On Crypto Exchanges as Clients: Report

[Jun 14, 2023 11:57 PM] The Hong Kong Monetary Authority (HKMA) is putting pressure on HSBC, Standard Chartered and Bank of China to take on crypto exchanges as clients.

U.S. Justice Department Agrees to Try Sam Bankman-Fried on Original Charges Only for Now

[Jun 14, 2023 10:50 PM] Prosecutors with the U.S. Department of Justice wrote late Wednesday night that they would agree to try FTX founder and former CEO Sam Bankman-Fried on only the original eight charges filed in January after a court in the Bahamas blocked the local…

First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil

[Jun 14, 2023 7:06 PM] Balances for whale investors indicate that investors are holding on to their crypto assets, despite recent uncertainty; BTC regains $25K.

Pro-Bitcoin Miami Mayor Francis Suarez Joins Race for 2024 US Presidential Election

[Jun 14, 2023 7:05 PM] Another politician entered the race for America’s presidential election in 2024, and unlike the Democratic incumbent, Joe Biden, and the Republican, Donald Trump, this candidate is crypto-friendly. Miami mayor Francis X. Suarez filed to run…

Bitcoin Friendly Miami Mayor Francis Suarez Jumps Into Presidential Race

[Jun 14, 2023 6:26 PM] Suarez joins an increasingly crowded field as a longshot candidate for the Republican nomination. The mayor once accepted a paycheck in bitcoin.

Custodian Prime Trust’s Payments Subsidiary Banq Files for Chapter 11 Bankruptcy Protection

[Jun 14, 2023 5:30 PM] Shortly after the custodian Bitgo announced its acquisition of the company Prime Trust, its payments subsidiary, a firm called Banq, filed for Chapter 11 bankruptcy protection in the United States. According to court documents, the filing reveals…

XRP Tumbles 8%, Erasing Price Gains from ‘Hinman Emails’ in Ripple Lawsuit

[Jun 14, 2023 4:36 PM] The token fell to as low as 46.18 cents, its lowest level this month, as crypto markets sold off Wednesday afternoon.

ApeCoin DAO Special Council Six-Figure Salaries Sparks Tension

[Jun 14, 2023 3:51 PM] The decentralized autonomous organization behind ApeCoin, the native currency of the Bored Ape Yacht Club ecosystem, pays each member of its Special Council $20,833 per month.

AI Crypto Tokens Lose Steam as Post-Nvidia Earnings Hype Wears Off

[Jun 14, 2023 3:36 PM] Render (RNDR) token has risen as a “unique case,” said an analyst.

Apple Rejects Bitcoin Wallet Zeus a Day After Threatening to Delist Damus

[Jun 14, 2023 3:13 PM] The tech giant cited transmission of a virtual currency without necessary licenses and permissions as the primary reason for the app’s rejection, according to Zeus’ founder.

Brazil Appoints Central Bank and Securities Commission as Crypto Market Regulators

[Jun 14, 2023 2:40 PM] The executive branch issued a decree with directives following the approval of a crypto law in December 2022.

Bitcoin Sinks Below 25K, Altcoins Tumble, as Investors Shrug Off Fed Rate Hike Pause

[Jun 14, 2023 2:37 PM] Ether tumbled below $1.7K just two hours after the U.S. central bank met widespread expectations by ending its more than year-long diet of interest rate increases.

DeFi Platform EigenLayer Rolls Out Restaking Protocol on Ethereum Mainnet

[Jun 14, 2023 1:39 PM] Seattle-based decentralized finance (DeFi) platform EigenLayer has deployed its restaking protocol on the Ethereum mainnet, according to a press release.

Crypto Prime Broker FPG Loses Up to $20M in Cyber Attack

[Jun 14, 2023 1:10 PM] FPG told customers via email that it had ceased trading, deposits and withdrawals after experiencing a cyber security incident on Sunday, June 11.

Fed Leaves Policy on Hold, Ending Long String of Rate Hikes

[Jun 14, 2023 12:04 PM] The U.S. central bank signaled it might restart rate hikes in coming months if inflation doesn't continue to recede.

MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve

[Jun 14, 2023 11:03 AM] The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply.