James Rubin

First Mover Asia: Is DEX Efficiency a Long-Term Threat to Coinbase; Bitcoin Sinks Below $22K

Coinbase’s revenue dwarfs that of the decentralized exchange Uniswap but the two companies are generating roughly the same trading volume; ether plunges.

Jul 25, 2022 at 11:49 p.m. UTC

Jul 25, 2022

Bram CohenChia NetworkTokensAuditsSecurity

Finance

Bram cohen

Chia Network Reissues Its Asset Token to Address Security Vulnerability

The smart transaction platform will upgrade its chia asset token (CAT) to a new token, CAT2, to address a potential security weaknesses.

By James Rubin

Jul 25, 2022 at 5:00 p.m. UTC

Jul 25, 2022

Markets

First Mover Asia: BTC Falls Below $22.4K; Coinbase Shares Remain Alluring for Institutional Investors

Cathie Wood’s Ark Invest, ETF issuer Exchange Traded Concepts, Cullinan Associates and Utah-based Refined Wealth Management all significantly added COIN to their portfolios as...

First MoverAsia PacificBitcoinEtherAltcoinsCoinbaseInstitutional Investors

Jul 25, 2022 at 12:59 a.m. UTC

Jul 25, 2022

Tesla sold over $900 million in bitcoin during its second quarter. (Blomst/Pixabay)

Markets

First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading

The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of...

First MoverAsia PacificBitcoinEtherAltcoinsTesla

Jul 22, 2022 at 12:15 a.m. UTC

Jul 22, 2022

Markets

First Mover Asia: Dissecting Three Arrows Capital's Fall; Ethereum Merge Spurs Continued Market Gains

Thanks to the transparency of court documents, the public knows how much the beleaguered crypto hedge fund owes different creditors; ether has risen about 50% over the past we...

First MoverAsia PacificBitcoinEtherAltcoinsThree Arrows Capital

Jul 19, 2022 at 11:14 p.m. UTC

Jul 19, 2022

Bitcoin is up more than 10% over the the past week. (jayk7/Getty Images)

Markets

First Mover Asia: BTC Spikes Over $22.8K; DappRadar’s Complicated Valuation Model and the Difficulties of Assessing NFTs

Bitcoin and major altcoins continued their late weekend rally; NFTs are an asset class where value has yet to be clearly defined.

Jul 19, 2022 at 12:20 a.m. UTC

Jul 19, 2022

The current crypto bear market continues. (mana5280/Unsplash)

Markets

First Mover Asia: Bitcoin Dips Below $21K; Why the Current Bear Market Differs From 2018

The largest cryptocurrency had hovered well above the psychologically important threshold for the previous four days.

Jul 17, 2022 at 11:46 p.m. UTC

Jul 17, 2022

Markets

First Mover Asia: Three Arrows Capital Court Order Reveals Interesting Details; Bitcoin Soars Past $21.5K

The Singapore firm’s liquidators must safeguard the company’s assets, which means converting them to tether; ether and other major altcoins rise for a fourth consecutive day.

Jul 7, 2022 at 11:43 p.m. UTC

Jul 7, 2022

Markets

First Mover Asia: How Inaccurate Data Misled Investors to See Massive Outflows From This Crypto Exchange; BTC Holds Steady Over $20K

KuCoin founder Johnny Lyu said those data feeds plus mislabeled, on-chain wallets propagated rumors last week that led to the token exodus; ether rises in Wednesday trading.

By Shaurya Malwa James Rubin

Jul 6, 2022 at 11:36 p.m. UTC

Jul 6, 2022

Blockchain gaming has struggled to keep users engaged. (Fredrick Tendong/Unsplash)

Markets

First Mover Asia: Crypto Game Consoles Aren’t Needed as Web3 Gaming Has Workers, Not Gamers; Bitcoin Dips, Then Regains Its Perch Above $20K

Studios are raising significant amounts of capital, but they must build games that do a better job of engaging users; ether and most other major cryptos rise.

Jul 5, 2022 at 10:28 p.m. UTC

Jul 5, 2022