Category: Breaking

The latest price moves in bitcoin (BTC) and crypto markets in context for June 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a “platform built on the Bitcoin network that allows for the creation of multiple sidechains.”

Arkham has identified the entity as an address belonging to the German Federal Criminal Police Office, which had seized almost 50,000 BTC from a piracy site.

The bug found by a “security researcher” led to $3 million stolen from Kraken’s treasuries.

Jump Crypto put another $10 million into the U.S. political action committee (PAC) that’s seeking to rush as many pro-crypto members into Congress as possible to achieve legislation the industry is after, a spokesman for the PAC confirmed.

Interoperability between blockchain networks. Restaking. EVMs. Some major trends giving digital assets markets a lift in the new cycle, Santiago Velasco, Senior Trader, Nonco.

Institutions need to broaden their holdings of crypto holdings in order to capture the full range of innovation in the market, says Felix Stratmann, head of research at Outerlands Capital.

In this week’s abbreviated issue of The Protocol, we’re chronicling the apparent doxing of ‘Pharma Bro’ Martin Shkreli as the driver behind the recently-but-no-longer mooning $DJT token, plus the SEC’s apparent retreat on probing the Ethereum developer Consensys.

Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives, after lawmakers voted to oust then-speaker Kevin McCarthy (R-Calif.). McHenry announced his retirement in December and will leave office when his term expires this coming January. He spoke virtually at Consensus 2024 in Austin at the end of May.

Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund’s (IMF) has said.