As Crypto 'Points' Farming Grows, So Does Risk of Vague Promises
Liquid restaking protocols based on EigenLayer are offering “point” incentives attached to the vague prospect of future airdrops, but the trend carries risks.
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First Mover Americas: VanEck’s ETF Volume Surges, Fairshake Raises Another $5M
First Mover Americas: VanEck’s ETF Volume Surges, Fairshake Raises Another M
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Hong Kong Doubles Down on Stablecoin, OTC Rules Promise
Hong Kong Doubles Down on Stablecoin, OTC Rules Promise
Public consultations on stablecoins and over-the-counter trading are already in progress.
Turkey’s Upcoming Crypto Rules Will Protect Users While Fostering Innovation, Lawmaker Says
Turkey’s Upcoming Crypto Rules Will Protect Users While Fostering Innovation, Lawmaker Says
Ömer İleri, who oversees Information and Communication Technologies for Turkey’s ruling party, met with representatives of the crypto sector to discuss upcoming regulations.
Restaking Protocol Kelp DAO Brings Liquidity to EigenLayer Points
Restaking Protocol Kelp DAO Brings Liquidity to EigenLayer Points
Kelp DAO’s newly announced kelp earned points (KEP) token brings liquidity to EigenLayer Points.
VanEck's Bitcoin ETF Records 2,200% Volume Surge in a Day
VanEck's Bitcoin ETF Records 2,200% Volume Surge in a Day
A sudden trading volume on VanEck’s HODL product seemed “retail armyish,” one analyst said.
Crypto Super PAC Fairshake Raises $4.9M From Winklevoss Twins: Report
Crypto Super PAC Fairshake Raises .9M From Winklevoss Twins: Report
Fairshake, a super political action committee (PAC), has now received funding of a total of $4.9 million from billionaire twins Cameron Winklevoss and Tyler Winklevoss, Bloomberg reported.
Starknet’s STRK Drops 53% Amid Token Issuance Criticism
Starknet’s STRK Drops 53% Amid Token Issuance Criticism
The tokens started trading at around $5 apiece, exchange data shows, but fell ahead of significant token unlocks planned in the months ahead.
USDC Stablecoin’s Issuer Circle Dumps Tron Network; TRX Steady
USDC Stablecoin’s Issuer Circle Dumps Tron Network; TRX Steady
Circle cited its “risk management” framework as part of the decision, among other factors.
USDC Stablecoin Issuer Circle Dumps Tron Network; TRX Steady
USDC Stablecoin Issuer Circle Dumps Tron Network; TRX Steady
Circle cited its “risk management” framework as part of the decision, among other factors.