Author: American Coins & Gold

Crypto Exchange Rain Hit by .8M Exploit: ZachXBT
Bahrain-based crypto exchange Rain fell victim to a $14.8 million exploit, according to blockchain sleuth ZachXBT.

DYdX Founder Antonio Juliano to Step Down as CEO of the Decentralized Exchange; Ivo Crnkovic-Rubsamen Takes Over
Juliano will become chairman and president of dYdX Trading.

Trump and Biden Tied on Polymarket, Diverging From Polls
Other election contracts show a 35% chance of a Republican sweep of the presidency and both houses of Congress and a 27% chance Democrats control the Senate after the election.

AI Agents Will Drive the Next Wave of Crypto Adoption
Crypto agents are here already and they will get more and more advanced until we use them to run our financial lives, says Luke Saunders, CTO at Delphi Labs.

DeFi Gigabrain Tarun Chitra on ETH Staking, Restaking and Why ‘Financial Nihilism' Is a Real Consumer Product
The Gauntlet founder talks about the state of crypto ahead of Consensus 2024.

No, Hong Kong's Crypto ETFs Aren't Available in Mainland China
The Stock Exchange of Hong Kong (HKEX) confirmed they aren’t available. Chinese authorities are wary that ETFs offer a way to bypass strict international capital controls.

Zest Raises .5M, Led by Tim Draper, for On-Chain Bitcoin Lending Using Stacks
The seed raise was led by billionaire investor Tim Draper with participation from Binance Labs, Flow Traders, Trust Machines and others.

Solana Memes, GameStop Stock Jump 44% in Premarket as 'Roaring Kitty' Returns on X
Stocks related to Keith Gill surged while opportunistic developers issued scores of meme coins on various blockchains to capitalize on the hype.

First Mover Americas: Bitcoin Fails to Hold K, May Remain Range-Bound
The latest price moves in bitcoin (BTC) and crypto markets in context for May 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein
Lower cost miners have increased market share since the bitcoin halving event, the report said.