Blockchain vs. Transfer Agents: A Call for Genuine Market Innovation

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DePIN Media Network PTK Starts Up on Coinbase’s Base to Bring Transparency to Making Movies

PKT has Hollywood talent behind it who are sick of the the black box that is the industry’s film production process.Source

Bitcoin Gets Brief Boost After U.S. Employment Growth Revised Lower

Job growth for the 12-months ending in March 2024 was 818,000 lower than previously reported, according to a government report.Source

Crypto Airdrops Ban U.S. Users, but Americans Are Claiming Tokens Anyway

Airdrop geoblocks help projects avoid tangling with U.S. laws. But the safeguards aren’t very effective. America’s crypto scene doesn’t respect the rules they help write.Source

CoinDesk 20 Performance Update: Index Trades Down Despite Gains from MATIC and UNI

Polygon and Uniswap gain ground as Litecoin and others drag CoinDesk 20 index down by 0.3%.Source

Controversial Crypto Firm Prometheum to Treat Uniswap and Arbitrum’s Tokens as Securities

Prometheum is forging ahead with its strategy to comply with the U.S. Securities and Exchange Commission’s view on cryptocurrency transactions by letting two more tokens into its custody operation for crypto securities, whether the rest of the industry agrees or not.Source

BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows

ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined.Source

Cipher’s Bitcoin Mining Business Remains Compelling, Canaccord Says

The mining business is a standout in the sector in terms of exahash growth, operating performance and low power costs, the report said.Source

First Mover Americas: Bitcoin Holds Below $60K Before U.S. Jobs Data Revision

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

‘Wartime CEO’: Urbit’s Founder Returns in Shakeup at Moonshot Software Project

“We’re here to fix this,” Curtis Yarvin says of the struggling endeavor to rebuild the entire internet computing stack from scratch.Source