The latest price moves in bitcoin (BTC) and crypto markets in context for May 31, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Cryptocurrency exchange Bybit has confirmed reports that several executives have “changed roles” after a botched notcoin (NOT) launch resulted in $23 million in compensation being sent to 320,000 users.
The price action has been highly muted this week after plenty of volatility surrounding the previous week’s surprising regulatory turnaround for the spot ether ETFs.
Terraform Labs and co-founder Do Kwon have tentatively agreed to settle a fraud case with the U.S. Securities and Exchange Commission (SEC), according to a court filing Thursday.
Alexandra Damsker, author of “Understanding DeFi,” argues that the shifting nature of tokens means that agencies like the SEC and CFTC are incapable of regulating crypto effectively.
Aptos will be the first blockchain that uses the Move coding language to integrate Chainlink’s services, according to the announcement at Consensus 2024 in Austin.