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First Mover Americas: Bitcoin Drops as Traders Take Profits
27.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
27.8.2024
The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk
Telegram CEO's Arrest Is Unlikely to Be the Last: Galaxy
27.8.2024
Telegram and Pavel Durov were probably resisting takedown or information requests from Europe or France, the report said
Crypto Bank Xapo to Manage $200M Bitcoin-Denominated Hedge Fund With Hilbert Capital
27.8.2024
The fund, set for launch in September, will be available to corporates, businesses and professional investors
Telegram Under Scrutiny in India, But Ban not Imminent: Reports
27.8.2024
Telegram, perhaps the most prominent messaging service used by the cryptocurrency ecosystem, is under scrutiny in India but not in immediate danger of a ban, multiple reports have indicated. Indian authorities have asked the investigators for an update on the investigation after Telegram CEO Pavel...
Jailed Binance Exec's Nigeria Case to Be Heard a Month Early
27.8.2024
The trial was expected to resume on Oct. 11 but is now set to resume next week after defence lawyers requested that the case be heard sooner
Bitcoin Drops Below $63K on Profit Taking as SafePal’s SPF Gets Points Boost
27.8.2024
Bitcoin (BTC) slid under the $63,000 mark early Tuesday as profit-taking from a weekend rally extended into a second-day, bringing down the broader crypto market
Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase
27.8.2024
The institutional real-world asset lending market combines Coinbase’s layer-2 network, Base, and Morpho Vaults using three varieties of tokenized Treasury bills
Crypto Market Has Struggled Since Spot Ether ETFs Started Trading: Citi
27.8.2024
Demand for digital assets has dried up in recent weeks and both bitcoin and ether ETFs have seen net outflows in the last month, the report said
Celsius' Bankruptcy Plan Administrator Pays Out Over $2.5B
27.8.2024
Celsius' bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report
U.S. SEC Charges Two Brothers in $60M Ponzi Scam Using a Crypto Platform
27.8.2024
The U.S. Securities and Exchange Commission (SEC) has charged brothers Jonathan and Tanner Adam of attempting to defraud more than 80 investors with a $60 million Ponzi scheme involving a crypto asset trading platform, it announced on Monday
Telegram CEO Pavel Durov Could be Free by October, Polymarket Bettors
27.8.2024
Polymarket Confident Telegram CEO Pavel Durov Will be Free by October
Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
27.8.2024
One analyst predicts a $150,000 price tag for Bitcoin by the end of this year, however other indicators point to increased short-term selling.
Bitcoin poised for $150K ‘batshit season’ but sellers could dent rally
27.8.2024
One analyst predicts a $150,000 price tag for Bitcoin by the end of 2024; however, other indicators point to increased short-term selling.
Upstart 'Degenerate' Crypto-Culture Publication Bets on Print
27.8.2024
Self-proclaimed "degenerate" crypto media company Superbasedd is betting a monthly print magazine can make it in 2024
It’s Time to Build a Sustainable Blockchain Ecosystem
26.8.2024
For years, the industry has created and lost value without establishing real business models. It’s time to demonstrate that we’re on the path to turning blockchains and the applications built on them into real businesses, says Azeem Khan
Ether ETFs Have Bled Money, but That's Not the Whole Story
26.8.2024
BlackRock and other funds have collected billions of dollars worth of inflows for their Ethereum products. Massive outflows from the Grayscale Ethereum Trust (ETHE) have overshadowed that, though
U.S. SEC Settles with Abra Over Unregistered Sales of Securities
26.8.2024
Abra has agreed to a settlement with the U.S. Securities and Exchange Commission over accusations the platform, owned by Plutus Lending, inappropriately pushed Abra Earn to customers when the product qualified as a security that should have been registered, the agency said Monday
SEC’s Case Against Kraken Will Proceed to Trial, California Judge Rules
26.8.2024
The U.S. Securities and Exchange Commission’s (SEC) lawsuit against Kraken will proceed to trial, a California judge ruled Friday
PayPal's Stablecoin Hits $1B Market Cap as Incentives Boost Activity on Solana
26.8.2024
The payments company's stablecoin entry was off to a slow start last year on Ethereum, but its recent expansion to the Solana blockchain reignited the token's growth