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Canto Blockchain Set for Vote on Reduction in Liquidity Incentives, Block Rewards
8.5.2023
If passed, the mining incentives for each liquidity pool on Canto will be reduced on average by roughly 38%, and data-block rewards known as "security emissions" would decrease by 15%
Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’
8.5.2023
Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw no viable option to become the world’s reserve currency besides the U.S. dollar. However, he warned about the dangers that printing too much money could bring to the strength...
Bitcoin Falls Below $27.5K as Investors Weigh Meme Mania, Binance Congestion Issues
8.5.2023
Ether’s deflationary narrative continues despite Monday’s price drop. Major crypto assets traded down on Monday
Bit4You’s Affairs in Doubt Even Before CoinLoan Collapse, Belgian Regulator Says
8.5.2023
FSMA’s concerns meant the exchange could have lost its license or even faced prosecution, even before the Estonian platform which held its funds filed for insolvency
Study Reveals Top Countries Fueling Meme Coin Interest in 2023
8.5.2023
In 2023, meme coins have maintained their popularity, and the recent surge of PEPE demonstrates that investors remain enthusiastic about meme-centered tokens. A fresh study from Coingecko reveals that a significant portion of meme coin fascination originates from the United States, India, and...
5 Best Crypto Projects to Invest in 2023
8.5.2023
With blockchain technology continuing to advance at a remarkable pace, crypto presales have established themselves as a strategic entry point for investors seeking to capitalize on the early stages of innovative crypto projects.
By participating in presales, investors have the opportunity...
P2P Bitcoin Exchange Paxful Back Online After Temporary Suspension
8.5.2023
Peer-to-peer (P2P) bitcoin exchange Paxful has resumed operations after being shut down for over a month, the company said in a blog post
PEPE Meme Coin Craze Spreads Wealth to Ethereum Validators Running Blockchain
8.5.2023
As risk-taking crypto traders sought to make tremendous profits off of surging prices for the suddenly-hot PEPE, a resulting surge in transaction fees brought a windfall to validators running the Ethereum blockchain
Private-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm Celsius
8.5.2023
The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter
Fractional Reserve Banking Is a Fraud (but It's Genius)
8.5.2023
Biggest Movers: XRP, SOL Move 5% Lower to Start the Week
8.5.2023
Xrp plunged to a six-week low on Monday, as cryptocurrency markets moved further into the red. The global crypto market cap fell by over 3% to start the week, which comes days ahead of the upcoming U.S. inflation report. Solana also declined, hitting a multi-week low. XRP Xrp, formerly known...
Average Bitcoin Transaction Fees Skyrocket to $19.20 per Transfer as Over 440,000 Transactions Remain Unconfirmed
8.5.2023
Bitcoin transaction fees have surged significantly in the past 24 hours, with the average fee reaching $19.20 per transfer. The increase in fees can be linked to a backlog of transactions trapped in the mempool, as over 440,000 unconfirmed transactions are currently awaiting confirmation. Block...
Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool
8.5.2023
Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun...
Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal 'Suspicious' Behavior
8.5.2023
Regulators in the tech-friendly nation say they’ll return to business-as-usual monitoring after money laundering fears led it to take a tough line
Bitcoin, Ethereum Technical Analysis: BTC Extends Declines, as Markets Continue to React to Nonfarm Payrolls
8.5.2023
Bitcoin fell below $28,000 to start the week, as markets continued to react to last Friday’s United States nonfarm payrolls (NFP) report. The payrolls report came in at 250,000 versus expectations of 180,000 jobs. Ethereum was also lower, as prices fell back below $1,900. Bitcoin Bitcoin...
Sam Altman’s Crypto Project, Worldcoin, Releases First Major Consumer Product
8.5.2023
Worldcoin’s “minimalist” wallet, World App, wants to help you prove you’re human in the age of AI
Web3 Firm Artifact Labs Raises $3.25M From Blue Pool Capital, Animoca, Others
8.5.2023
Hong Kong’s South China Morning Post spun off its NFT business into a new firm called Artifact Labs in March 2022
Zero-Knowledge Privacy Startup Webb Protocol Raises $7M
8.5.2023
Polychain Capital and Lemniscap co-led the seed round for the bridge protocol
Ripple's Tussle With SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report
8.5.2023
The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit
First Mover Americas: PEPE Peaks After Binance Listing
8.5.2023
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