Bitcoin’s Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin
Stablecoin issuer Stably is launching a dollar-backed stablecoin for traders of Bitcoin NFTs and BRC-20 tokens.Source
Helium Expands IoT Coverage Through Amazon Sidewalk/Oxit Partnership
The partnership will enable IoT solution providers to benefit from Amazon Sidewalk’s network and Helium’s network.Source
First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?
The latest price moves in bitcoin (BTC) and crypto markets in context for May 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama
The renewed bias for bitcoin puts is consistent with the increased demand for downside protection seen in the options market tied to S&P 500.Source
Crypto Exchange Coincheck’s Nasdaq Listing Could Be Delayed Again
A merger with Thunder Bridge Capital may not be completed by a July 2 deadline, potentially causing a further year’s delay.Source
BNB Chain Expected to Undergo ‘Luban’ Upgrade in June. Here’s all You Need to Know
Three distinct enhancements aim to make the network faster and more secure.Source
Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog Concerns
Risks from smart contracts, high leverage and crypto staking and lending may imply a need for new regulations, the European Systemic Risk Board saidSource
Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake
Open source software isn’t property, and current sanctions laws are ill-equipped to handle this, lawyers argue.Source
Do Kwon’s Detention in Montenegro Extended After High Court Decision to Revoke Bail
A lower court had determined the value of Kwon’s property based on “statements” and not concrete evidence, a high court cited in a decision to scrap his bail approval.Source
First Mover Americas: Bitcoin Dips Below $27K After Hot UK Inflation Report
The latest price moves in bitcoin (BTC) and crypto markets in context for May 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source