Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl
The crypto bridging service Multichain is coming under the microscope from Binance and other important outposts.Source
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Nike Trips Up .SWOOSH Launch While Bitcoin NFTs Soar
Nike’s .SWOOSH NFT drop was filled with missteps, while a Bitcoin NFT collection topped the charts and NFT lending is gaining momentum with Binance and Astaria entering the market.Source
Stablecoin Issuer Lybra Finance Nears $100M in TVL
Lybra Finance was launched last month and uses liquid staking derivatives to offer an interesting-bearing stablecoin.Source
Gulf Binance Clinches Thai Regulatory Approval
The joint venture between Gulf Innova and Binance aims to offer crypto services in the country starting later this year.Source
Avalanche’s AVAX Token Remains Flat Ahead of its $130 Million Token Unlock
More than 9.3 million tokens will be unlocked Sunday, representing 1.2% of AXAX’s total supply.Source
Stablecoins Are the ‘Glue’ Between the Real Economy and Blockchain: Binance Japan General Manager
Tsuyoshi Chino added that Binance J.apan may be still “a long way off” its business and activities being properly understood in gaining regulatory acceptanceSource
First Mover Americas: Digital Currency Group Is Closing Down TradeBlock
The latest price moves in bitcoin (BTC) and crypto markets in context for May 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’
The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract.Source
F1 Ticket Provider Platinum Group Introduces NFT Tickets for Global Racing Event
The NFTs, debuting this weekend at the Monaco Grand Prix, offer collectors access to the race as well as a host of loyalty benefits.Source