Category: Breaking

The latest price moves in bitcoin (BTC) and crypto markets in context for May 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.

Paxos has added J. Christopher Giancarlo, a former chairman of the U.S. Commodity Futures Trading Commission who has been a public advocate for the cryptocurrency sector, to its board of directors, the company told CoinDesk.

The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding close to $75 million.

The U.S. state of Wisconsin purchased 94,562 shares of the BlackRock’s iShares Bitcoin Trust (IBIT) in the first quarter of the year, a filing shows. The shares are worth nearly $100 million.

A new feature from Colony Lab, a developer and project incubator in the Avalanche blockchain ecosystem, called “liquid vesting,” lets users sell their tokens before their vesting period is over.

Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion’s share of protocol revenues back to liquidity providers.

The crypto industry is throwing its weight around in Washington in hopes of influencing the upcoming U.S. elections, spending an unprecedented amount of money to get crypto-friendly candidates elected and educate lawmakers – all in hopes of finally getting a friendly regulatory framework for crypto established.

After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative.

There are hard truths in life, and then there are the things we want to believe. The sentencing of Tornado…