Crypto News

PEPE, the meme token that sprouted out of the Pepe the frog meme, has rocketed to a $500 million market cap following a 2,100% rise since it was issued last month.

Coinbase International Exchange will offer trading of perpetual futures for bitcoin and ether.

The tool offers more efficient incentives than competitors like Curve Finance’s rewards and can help pegged assets such as stablecoins, liquid staking derivatives keep their prices more stable, the protocol said.

The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The bank slashed its price target for the crypto exchange to $65 from $80.

Prior to the announcement, Bullish had only logged $200 billion in trading volume since its launch in November 2021.

Sotheby’s Metaverse will now offer fully on-chain secondary transactions via Ethereum and Polygon.

Short for Blur Lending, Blend will allow collectors to buy blue-chip NFTs with a smaller up-front payment, similar to a down payment on a house.

The fundraise was led by C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan.

"Killer Whale" will allow entrepreneurs to pitch ideas for new Web3 products and projects to a panel of judges.