Superstate’s USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.Source
The Ethereum-focused developer firm attributes the layoffs to working more effectively, rather than financial reasons.Source
Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin’s nascent DeFi sceneSource
A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023.Source
The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s).Source
Saltwater closed its seed round on the heels of acquiring gaming developers Maze Theory, Nexus Labs and Quantum Interactive.Source
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
It was an experiment in driving community engagement, and we’re leaving the door open to relaunching DESK or something similar in the future.Source
Validators called the airdrop a success. “Surprisingly, nothing notable” broke, one operator said.Source
Its FTT token surged nearly 11% after the news.Source