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(Liquity)
Technology

DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper

Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and plans to pay the lion's share of protocol revenues back to liquidity providers.

May 14, 2024

Avalanche Incubator Colony Lab Co-founders Wessal Erradi and Elie Le Rest (Colony Lab)
Technology

'Liquid Vesting' Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting

The new feature from Colony Lab, a developer and project incubator in the Avalanche blockchain ecosystem, called "liquid vesting," lets early investors, such as founders or VC...

May 14, 2024

Atmosphere
Technology

Protocol Village: Polkadot Debuts 'Asynchronous Backing'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15.

May 14, 2024

The state of Wisconsin has bought roughly $100 million worth of BlackRock's spot bitcoin ETF. (Nick Youngson)
Finance

State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF

The state’s investment board bought 94,562 shares of BlackRock’s iShares Bitcoin Trust in the first quarter of the year.

May 14, 2024

Polymarket CEO Shayne Coplan (Polymarket)
Finance

Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket

The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding well over $70 million.

May 14, 2024

J. Christopher Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission, is joining the Paxos board. (Shutterstock/CoinDesk)
Policy

'CryptoDad' Giancarlo Joins Paxos Board

J. Christopher Giancarlo, a former chief of the U.S. Commodity Futures Trading Commission, has joined the board of directors for the firm that issues the PayPal stablecoin.

May 14, 2024

Karn Saroya, CEO of Re (Re)
Finance

RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual

The company aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.

May 14, 2024

BTC price, FMA May 14 2024 (CoinDesk)
Markets

First Mover Americas: Bitcoin Dips Below $62K Ahead of U.S. Inflation Figures

The latest price moves in crypto markets in context for May 14, 2024.

May 14, 2024

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)
Policy

Tornado Cash Developer Alexey Pertsev Found Guilty, Sentenced to 64 Months in Prison by Dutch Court

Alexey Pertsev was first jailed in the Netherlands in August 2022.

May 14, 2024

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)
Markets

GameStop Rally Sends Meme Coins Skywards; PEPE, FLOKI, MOG Surge

“Roaring Kitty is living proof that retail can mog (outperform) institutions at the highest level,” one meme coin developer said.

May 14, 2024

food shopping in brown bags
Markets

Bitcoin Market Activity Suggests Looming U.S. Inflation Data May Be Non-Event

The way bitcoin options are priced suggests Wednesday's CPI report, though pivotal, may do little to disturb the calm in the crypto market.

May 14, 2024

DOG•GO•TO•THE•MOON Rune. (DOG•GO•TO•THE•MOON)
News Analysis

Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction

User activity has plunged after a hyped run-up to the introduction of the Runes protocol, which was expected by some to mirror Solana’s meme coin ecosystem.

May 14, 2024

Current Labour leader Keir Starmer (Christopher Furlong/Getty Images)
Policy

Industry Stakeholders Believe a UK Election Won't Derail Crypto Plans

A U.K. election is expected to happen this year, but it likely won't change the trajectory of the country's crypto policy efforts.

May 14, 2024

The Philippines plans on issuing a wholesale CBDC (Image credit: Alexes Gerard/Unsplash)
Policy

Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market

Coins.ph plans to integrate the stablecoin into remittance platforms in countries with significant remittance flows to Philippines, one of the world’s largest remittance marke...

May 14, 2024

Web, networking, globe. (geralt/Pixabay)
Markets

Paradigm Unveils 'Block Trading' Facility for MATIC, SOL, XRP Options

Crypto OTC liquidity network Paradigm on Monday announced a block trading facility for linear options tied to MATIC, SOL and XRP. Trades facilitated by Paradigm will be submit...

May 14, 2024

(Alpha Photo/Flickr)
Finance

Coinbase Resumes Operations After 3-Hour Outage

Some users may still be experiencing a "degraded" service, the exchange said.

May 14, 2024

Indian Crypto Exchange CoinDCX's co-founders Neeraj Khandelwal and Sumit Gupta (From L to R) Courtesy: CoinDCX
Policy

Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token

The objective of Okto is to give global users a single-click mobile experience while traversing the Web3 space.

May 14, 2024

May 13th

Chinese-owned MineOne is said to have built a crypto mining operation within a mile of a U.S. missile base. (Warren Air Force Base)
Policy

U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base

President Biden ordered a halt to the MineOne operation near Warren Air Force Base, citing Chinese ownership, foreign technology and proximity to a strategic missile base.

May 13, 2024

CFTC headquarters (Jesse Hamilton/CoinDesk)
Policy

FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant

In addition to paying monetary penalties, FalconX must stop providing U.S.-based customers access to crypto derivatives trading platforms.

May 13, 2024

Hong Kong harbor skyline view into Kowloon
Markets

Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors

Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.

May 13, 2024