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Crypto News
Bitcoin Loses 10% on the Week as Memecoins Tumble
Among the memecoins sliding was PEPE, which lost over 60% over the last 7 days.
Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge
The creation of Bitcoin-based meme coins using the new BRC-20 standard has driven up Bitcoin fees as they use more data than a basic Bitcoin transaction. But while some developers in the Bitcoin community are proposing a filter to block…
Sam Bankman-Fried’s Ties to George Santos Are Just the Beginning
The indicted congressman, who wildly embellished his background, received big donations from FTX executives. That was just one strand in Bankman-Fried's tangled influence-peddling web.
Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down
Co-founder Andy Chorlian tweeted that the decision was made after "carefully analyzing possible market scenarios, our company structure and our financial situation."
Musk’s Milady Meme, Opening Up Ordinals
Miladys NFTs saw a brief pump after Elon Musk tweeted about them and Binance is making it easier for people to buy Bitcoin NFTs.
Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s
Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.
EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows
Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.
LG Electronics Seeks Patent for TV Which Lets Users Trade NFTs
LG has been a node operator on the Hedera Network since 2020.
First Mover Americas: Bitcoin Falls to 2-Month Low
The latest price moves in bitcoin (BTC) and crypto markets in context for May 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Do Kwon Set to Be Released on Bail in Montenegro Travel Document Forgery Case
Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues.