The so-called decentralized autonomous organization initially formed to focus on building products, but activist investors who showed up were more interested in the project’s treasury.Source
Bitcoin is on track for gains on Friday despite bearish U.S. jobs numbers which initially sent the crypto down nearly 2%.Source
The story of Sevi, a talented artist who happens to be a 10-year-old autistic boy living in Manila.Source
The author’s sympathetic picture of the alleged fraudster as a weirdo whom nobody understood contrasts with his portrayal of crypto as a no-good industry ripe for adult supervision, says Amanda Cassatt.Source
Gary Wang, a former top lieutenant in Bankman-Fried’s empire, testified that Alameda had “special privileges” at FTX that allowed the hedge fund to spend $8 billion of exchange customers’ money.Source
The market for tokenized U.S. Treasuries has grown sixfold this year to $666 million, according to a real-world asset data provider.Source
The unemployment rate TKTKSource
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Nexo is joining Bybit and Paypal in withdrawing some services from the U.K. in response to incoming promotion rules.Source