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Crypto News
Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit
A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham.
NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity
Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets.
Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty
Coinbase (COIN) shares are up sharply after the company’s first quarter results topped analyst estimates on both revenue and loss per share.
The Need for Clarity in Washington – Not Just on Crypto
The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be…
Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens
A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless”?
Alibaba Says ‘Open Sesame’ to Web3
The Chinese tech giant is releasing a metaverse launchpad. Plus, Sports Illustrated announces an NFT ticketing platform.
The Next Big Web3 Trend Wasn’t on Stage at Consensus
If you want to know what's coming next in this industry, you need to listen to people still on the sidelines, says Leah Callon-Butler.
Craig Wright Shows ‘Prima Facie Evidence’ of Contemptuous Conduct, U.S. Judge Says
The computer scientist who claims to be Satoshi Nakamoto is still engaged in a $143 million dispute over bitcoin ownership.
New York Attorney General Seeks New Crypto Powers for State Regulators
The bill follows legal suits pursued by Letitia James in connection to crypto companies like Celsius, CoinEx and Nexo.
First Mover Americas: Meme Coin PEPE Surges to $1B Market Cap
The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.