First Mover

Logan Paul Tweet/Twitter Bumblebee NFT Purchase (Twitter.com/@LoganPaul)
First Mover Asia: Influencer Logan Paul’s ‘Bumblebee’ NFT Is Worth More Than $10; Bitcoin Dips Late but Remains Over $19K
The YouTube star has lost money on the NFT but not as much as some observers were saying. Valuations remain subjective even as the market has plummeted.
Logan Paul Tweet/Twitter Bumblebee NFT Purchase (Twitter.com/@LoganPaul)

Bitcoin Under Pressure as Markets Await New Inflation Report; Binance Exec on $100M Hack
Bitcoin Under Pressure as Markets Await New Inflation Report; Binance Exec on $100M Hack
Crypto markets start the week down as market observers await new economic reports this week: September’s Consumer Price Index (CPI), corporate earnings and the International M...
Bitcoin Under Pressure as Markets Await New Inflation Report; Binance Exec on $100M Hack

(Michael M. Santiago/Getty Images)
First Mover Americas: Bitcoin Stable Around $19K as Inflation, Earnings Haunt Traditional Markets
The latest price moves in crypto markets in context for Oct. 7, 2022.
(Michael M. Santiago/Getty Images)

Two Layer 1 protocols had a difficult week. (Ivana Cajina/Unsplash)
First Mover Asia: Tough Week for Layer 1 as Solana, BNB Chain Suffer Outages; Bitcoin Trades Flat as October Doldrums Continue
The problems both protocols suffered are reminders that neither is really decentralized, and that they are not yet true challengers to Ethereum; ether and other altcoins trade...
Two Layer 1 protocols had a difficult week. (Ivana Cajina/Unsplash)

BNB Chain Halts After 'Potential Exploit' Drained Estimated $100M in Crypto; Bitcoin Slips From $20K After US Jobs Report
BNB Smart Chain Resumes Operations After Exploit; Bitcoin Slips From $20K After US Jobs Report
BNB Chain has now resumed operations after fixing a problem that let someone create $570 million of the token, though they were only able to abscond with a smaller amount. U.S...
BNB Chain Halts After 'Potential Exploit' Drained Estimated $100M in Crypto; Bitcoin Slips From $20K After US Jobs Report

(Helene Braun/CoinDesk)
First Mover Americas: It’s Payrolls Day Again, and Bitcoin Holds Tight Near $20K
The latest price moves in crypto markets in context for Oct. 7, 2022.
(Helene Braun/CoinDesk)

The value of Three Arrows Capital's Starry Night NFT collection has plummeted. (Getty Images)
First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs' Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop
The collection, now valued at $840,000, is worth a fraction of the $21 million that the troubled hedge fund spent in assembling it; BNB falls after reports of an exploit.
The value of Three Arrows Capital's Starry Night NFT collection has plummeted. (Getty Images)

Bitcoin Trades Sideways; Celsius Execs Cashed Out $17M in Crypto Before Bankruptcy
Bitcoin Trades Sideways; Celsius Execs Cashed Out $17M in Crypto Before Bankruptcy
CORRECTION: Since publication, the reporting and headline has been corrected to $17 million based on documentation provided by CTO Nuke Goldstein’s lawyers, who showed that mo...
Bitcoin Trades Sideways; Celsius Execs Cashed Out $17M in Crypto Before Bankruptcy

Sushi's token surges 14% on news of investment by Golden Tree Asset Management. (Jakub Dziubak/Unsplash, modified by CoinDesk)
First Mover Americas: Bitcoin Stays Close to $20K, Sushi's Token Surges 14%
The latest price moves in crypto markets in context for Oct. 6, 2022.
Sushi's token surges 14% on news of investment by Golden Tree Asset Management. (Jakub Dziubak/Unsplash, modified by CoinDesk)

Hong Kong (Shutterstock)
First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns
The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapo...
Hong Kong (Shutterstock)