News
MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit
The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5...
Read moreDetails
First Mover Americas: Bitcoin Eclipses $43K Having Gained Nearly 10% in a Week
The latest price moves in bitcoin and crypto markets in context for Jan. 30, 2024. First Mover is CoinDesk’s daily...
Read moreDetails
Fintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized Exchange
Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of BTC across different blockchains without the need for intermediaries,...
Read moreDetails
Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT
The move may reflect users' unease about Binance's regulatory dispute in the U.S. which saw it landed with a $4.3...
Read moreDetails
SOL, AVAX Lead Crypto-Market Recovery, Bitcoin Tops 50-Day Average Before Fed Meeting
Altcoins' consistent positive performance over the past six days is boosting optimism and setting up bitcoin to test $46,000, one...
Read moreDetails
Floki Team Responds to Hong Kong Regulator Warning
Hong Kong's Securities and Futures Commission labeled Floki and its staking program a suspicious investment product. Hong Kong's Securities and Futures...
Read moreDetails
dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
The Foundation wants to preserve an 18-month runway through at least mid-2026. The Foundation wants to preserve an 18-month runway through...
Read moreDetails
HyperVerse’s Alleged Ponzi Scheme Raked in Nearly $2B, Hired Actor as Fake CEO
HyperVerse was a nearly $2 billion fraudulent crypto investment scheme with a fake CEO at its helm, the U.S. Securities...
Read moreDetails
Invesco Cuts Bitcoin ETF Fee In a Bid to Lure Investors
The index provider previously had one of the highest fees of 0.39% for its bitcoin ETF. The index provider previously had...
Read moreDetails
In-depth analysis of the stablecoin depeg from DeFi and the USDX event
Last week's stablecoin depegging once again shook the decentralized finance (DeFi) world, with USDX, a synthetic stablecoin issued by Stable...
Read moreDetails
