- Movement's 21 and 24-year-old co-founders say they are on a mission to "make blockchain security sexy" with the launch of their L2.
- Increasing concerns about sticky inflation hit risk assets across all markets including cryptos.
- Employment contracts that stop free movement of labor conflict with an innovative industry’s open-source ethos, says Linda Jeng, CEO of Digital Self Labs, a Web3 advisory firm.
- The chains' users will be able to opt in or out to use Avail for data availability, to stash the reams of data produced for all their transactions taking place.
- The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 25-May 1.
- The latest price moves in bitcoin (BTC) and crypto markets in context for April 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
- Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.
- The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.
- U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday "We are on our way to getting a stablecoin bill in the short run.”
- Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
- The move may bring fresh energy and capital into the spot ETFs.
- Inflows have slowed this month, taking the wind out of the bitcoin bull run.
- Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.
- Federal prosecutors charges Samurai Wallet founders Keonne Rodriguez and William Lonergan Hill with conspiracy to commit money laundering on Wednesday, as the U.S. government continues its approach to prosecuting crypto mixing tools that may be used by illicit actors and foreign governments to hide fund transfers.
- Institutional investors located in Canada significantly increased their holdings of cryptocurrencies in 2023, a survey by KPMG found.
- Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties.
- One of the issuers waived management fees for the first six months, undercutting rival offerings.