Crypto News

The latest price moves in bitcoin and crypto markets in context for Feb. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The test simulated “proto-danksharding,” a technical feature aimed at reducing the cost of transactions for rollups as well as making data availability cheaper.

As of Wednesday morning, validator “Big Brain Staking” holds over 35% of staked DYM tokens – attracting criticism from DYM holders for its large network influence.

The new consumer protection rules will take effect in July 2024.

"A federal regulator should have the ability to decide if a stablecoin issuer should be barred from issuing such an asset," she told lawmakers on Tuesday.

While bitcoin's price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days.

Glif's "liquid leasing" gives FIL holders a way to earn yield on their assets.

On-ramps like the one used in this partnership are a key piece of infrastructure serving as a bridge between traditional banking rails and blockchain-based crypto economy.

While our attention was focused on exchange-traded funds earlier this month, federal regulators in the U.S. announced charges or sentences for various crypto parties.

Neutral and DLT Finance are betting on regulation as the pathway to institutional investor adoption.