First Mover

Yearn.finance came in first in First Mover's monthly digital-asset performance ranking for August. (Sumiyoshi Hiromori/Metropolitan Museum of Art, modified by CoinDesk)
First Mover: Rookie YFI Token Jumped 8-Fold in August as DeFi Dominated
Yearn.finance's YFI token, which looked like another inside DeFi joke when it launched in July, dominated the August return rankings.
Yearn.finance came in first in First Mover's monthly digital-asset performance ranking for August. (Sumiyoshi Hiromori/Metropolitan Museum of Art, modified by CoinDesk)

Terracotta warriors, Lintong County, China
First Mover: Huobi Takes On OKEx in Futures, Opening New Front in ‘Chinese’ Rivalry
Huobi is taking on OKEx in the business of bitcoin futures trading, opening a new front in the ongoing rivalry between the two Chinese-led exchanges.
Terracotta warriors, Lintong County, China

View of Grand Tetons near Jackson Hole, Wyoming. (Wikipedia, modified by CoinDesk)
First Mover: Monetary Challenges Aren't Just Virtual as Fed's Powell Returns to Jackson Hole
Crypto traders are prepping for a speech by Federal Reserve Chair Jerome Powell in Jackson Hole, Wyoming, where inflation is on the agenda.
View of Grand Tetons near Jackson Hole, Wyoming. (Wikipedia, modified by CoinDesk)

DeFi is hot and traders are getting a new way of indulging. (Metropolitan Museum of Art modified by CoinDesk)
First Mover: Binance's New DeFi Futures Let Crypto Traders Bet on Decentralization
Binance's new "DeFi Index Futures" show the push by centralized crypto exchanges to cash in on this year's frenzy in so-called decentralized finance.
DeFi is hot and traders are getting a new way of indulging. (Metropolitan Museum of Art modified by CoinDesk)

Ether volatility is brewing. ("Approaching Thunder Storm, Martin Johnson Heade/Metropolitan Museum of Art, modified by CoinDesk)
First Mover: Ether Price Swings Make Bitcoin Look Tame as DeFi Speculation Spreads
The success of DeFi on the Ethereum blockchain has brought traders more than just congestion and high transaction fees: Volatility in ether prices.
Ether volatility is brewing. ("Approaching Thunder Storm, Martin Johnson Heade/Metropolitan Museum of Art, modified by CoinDesk)

Cryptocurrency markets could make the clubby world of venture-capital investing more democratic. (Damonrand/Creative Commons, modified by CoinDesk)
First Mover: Anything-Goes Token Market Repudiates Rich-Only Venture Capital Club
Venture capital is no longer just for the rich, as crypto markets let traders bet on early-stage digital-asset startups, risks included.
Cryptocurrency markets could make the clubby world of venture-capital investing more democratic. (Damonrand/Creative Commons, modified by CoinDesk)

New digital markets might be the place where capitalism is getting revived. ("Portraits at the Stock Exchange" by Edgar Degas/Metropolitan Museum of Art, modified by CoinDesk.)
First Mover: Wacky Bitcoin-to-DeFi Crypto Markets Might Be New Home of Capitalism
Cryptocurrency markets from bitcoin to DeFi might be full of rampant speculation, but they also might be keeping the fires of capitalism lit.
New digital markets might be the place where capitalism is getting revived. ("Portraits at the Stock Exchange" by Edgar Degas/Metropolitan Museum of Art, modified by CoinDesk.)

Dollar-linked "stablecoins" provide the liquidity to fund exotic cryptocurrency trades. (Waterfall at Mont-Dore by Achille-Etna Michallon, from the Metropolitan Museum of Art archives, modified by CoinDesk)
First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market
Dollar-linked "stablecoins" are being used in exotic cryptocurrency trades, similar to the way money markets serve as liquidity on Wall Street.
Dollar-linked "stablecoins" provide the liquidity to fund exotic cryptocurrency trades. (Waterfall at Mont-Dore by Achille-Etna Michallon, from the Metropolitan Museum of Art archives, modified by CoinDesk)

Exuberant dancers. (Christy Gallois/Flickr Creative Commons, modified by CoinDesk)
First Mover: Money Legos Turn 'Exuberant' as Chainlink Stripped of 'DeFi'
This year's growth in the cryptocurrency subsector DeFi has been so remarkable that some analysts are now calling the phenomenon "exuberant."
Exuberant dancers. (Christy Gallois/Flickr Creative Commons, modified by CoinDesk)

(Images Money/Flickr Creative Commons, modified by CoinDesk)
First Mover: Bitcoin Passes $12K, Dollar Worries Grow, OMG Jumps, Portnoy's Orchid #Pump
Bitcoin rises, Warren Buffett buys a gold miner, Wall Street dollars worry grow, OMG's price jumps, Orchid gets #pump tweet, Ethereum Classic's possible delisting.
(Images Money/Flickr Creative Commons, modified by CoinDesk)