BCB Group Abandons Sutor Bank Acquisition on Regulatory Delay
[Jun 14, 2023 10:10 AM] The payments processor also cited crypto market conditions as a reason for the exit.
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The Graph Starts Migrating its Settlement Layer to Arbitrum from Ethereum
[Jun 14, 2023 10:00 AM] The transition is aimed at reducing barriers of entry for The Graph’s users by decreasing gas costs and speeding up transactions.
Jack Dorsey’s #startsmall Pledges $5 Million Over 5 Years To Bitcoin Nonprofit Brink
[Jun 14, 2023 10:00 AM] Bitcoin development nonprofit, Brink, has received a significant financial boost with a pledge of $5 million from Jack Dorsey's #startsmall organization. The pledge, totaling $1 million per year for the next five years, aims to support Brink's…
Blockchain Developer Platform Alchemy Releases AI-Powered Tools for Web3 Builders
[Jun 14, 2023 8:00 AM] AlchemyAI will launch as two new products – an in-app chatbot and a ChatGPT plugin – to help web3 developers access data faster and speed up product development.
Strike Expands Lightning-Powered Cross-Border Payments to Mexico
[Jun 14, 2023 8:00 AM] The company says Mexico is the largest market for remittances from the U.S.
Strike Launches Instant, Cheap Remittances To Mexico Using Bitcoin Lightning
[Jun 14, 2023 8:00 AM] Strike, the global money app, has announced the expansion of its payment service, "Send Globally," to Mexico, the largest market for cross-border payments from the United States. This move comes as cross-border payments from the U.S. to Mexico…
Interoperability Protocol Connext Labs Raises $7.5M at $250M Valuation
[Jun 14, 2023 8:00 AM] Connext said it is "building the HTTP of Web3" to create a communication layer across different blockchain networks.
Binance.US, SEC Ordered to Start Negotiations Wednesday Amid Asset Freeze Tussle
[Jun 14, 2023 7:58 AM] A U.S. federal judge on Tuesday rejected SEC's request to order a freeze on Binance.US' assets – provided the parties could agree on limits.
Binance Seeks to Withdraw Cyprus' Unit Crypto Service Registration
[Jun 14, 2023 7:36 AM] Binance won registration as a crypto asset service provider (CASP) in Cyprus in October last year.
P2P.org’s Ethereum Staking Application Is Now Available on Popular Wallet Provider Safe
[Jun 14, 2023 7:00 AM] The integration makes it easier for crypto users to participate in staking without operating the physical infrastructure.
Bitcoin Price 'Throwback' Suggests Potential for Rally to $37K: Valkyrie Investments
[Jun 14, 2023 6:27 AM] A throwback is a countertrend move where prices reverse direction and move back towards a breakout point, paving the way for a strong rally.
First Mover Americas: Bitcoin Traders Await Fed Decision
[Jun 14, 2023 6:20 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Miner Crusoe Energy Secures 50 BTC on Newly Launched Liquidity Platform Block Green
[Jun 14, 2023 6:00 AM] Block Green aims to unlock liquidity from institutional investors for miners and incentivize green mining.
Someone Flash Loaned $200M From MakerDAO to Make $3 Profit
[Jun 14, 2023 5:21 AM] An arbitrage bot flash loaned $200 million worth of the dai stablecoin from MakerDAO on Wednesday, making a $3.24 profit after transaction fees.
Salesforce Leads $6M Round for AI-Backed Web3 Data Platform Mnemonic
[Jun 14, 2023 5:00 AM] The startup provides actionable non-fungible token (NFT) data for enterprises and developers.
Bitcoin Supply on Exchanges Slides to Three-Year Low
[Jun 14, 2023 4:33 AM] Supply is likely dropping as traders and investors increasingly choose to self custody bitcoin holdings amid regulatory and exchange risks.
Australia's Crypto Industry Body Denounces Recent Banking Restrictions
[Jun 14, 2023 4:20 AM] Blockchain Australia said it wants to tackle the issue "head-on by using real data," after reports that banks in the country were blocking payments to crypto exchanges.
Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause'
[Jun 14, 2023 3:41 AM] Options market shows a bias for puts, or bearish bets, tied to bitcoin ahead of the pivotal Fed meeting.
Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor
[Jun 14, 2023 3:02 AM] Bitcoin maximalist Michael Saylor has said recent enforcement actions by U.S. regulators have made it clear that the crypto industry is destined to be rationalised down to a bitcoin (BTC)-focused industry.
Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Starting Thursday
[Jun 14, 2023 2:48 AM] The move follows a Tuesday ruling from a Delaware court.
Sam Bankman-Fried Can Contest Extra DOJ Charges, Bahamas Supreme Court Says
[Jun 14, 2023 1:24 AM] The FTX founder pleaded not guilty to fraud in the U.S. after being extradited from the Caribbean country.
Unleash Your Gaming Potential: Army of Crypto, OnixCoin's Game-Changer in the Web3 GameFi Revolution
[Jun 14, 2023 12:58 AM] Web3 gaming emerged as a natural progression alongside the evolution of cryptocurrencies, leveraging blockchain technology for decentralized and player-centric experiences. Its attractive advantages include ownership of in-game assets, transparent…
VC Company A16z Expands to London to Take Advantage of Friendly Web3 Regulation
[Jun 14, 2023 12:30 AM] A16z, a tech-focused venture capital company, has announced that it will open its first office in London to take advantage of the friendly regulatory environment in the U.K. Prime Minister Rishi Sunak stated he was thrilled about this expansion and…
Binance CEO Hits Back at Rumors of Exchange Selling Bitcoin for BNB Coin
[Jun 14, 2023 12:25 AM] Crypto traders on Twitter are citing data that suggests bitcoin has been traded to keep BNB afloat.
Prime Trust Unit Banq Files for Bankruptcy
[Jun 14, 2023 12:17 AM] Bankruptcy filing comes as TrueUSD stops redemptions and Haru Invest ceases operations citing problems with an unnamed partner.
BRICS Bank President Dilma Rousseff Calls for the Creation of a Global South Focused Financial System
[Jun 13, 2023 10:30 PM] Dilma Rousseff, president of the New Development Bank — also known as the BRICS bank — and former Brazilian president, has called for establishing a financial architecture designed for the so-called Global South. In a keynote speech at the 14th…
An In-Depth Look at Binance’s TRO Opposition, Filing Insists SEC Manufactured an Emergency ‘for Its Own Purposes’
First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase
[Jun 13, 2023 6:44 PM] Hong Kong's rules for crypto would mean plenty of restrictions for Coinbase.
SEC Says It May Make a Recommendation on Coinbase Petition Within 4 Months
[Jun 13, 2023 5:20 PM] The U.S. Securities and Exchange Commission (SEC) hasn't made a decision on whether it will respond to Coinbase's petition for rulemaking and its enforcement action against the crypto trading platform isn't inconsistent with any decision on…
U.S. Judge Rebuffs SEC Request for Binance.US Asset Freeze for Now
[Jun 13, 2023 3:31 PM] A federal judge heard arguments on the SEC's motion for a temporary restraining order in court on Tuesday.