UK Markets Bill Extends Banking Rules to Crypto Assets
The U.K. Treasury has unveiled its proposed digital asset legislation a day before members of Parliament plan to begin...
Matter Labs Schedules zkSync 2.0 Mainnet Launch for October
Matter Labs, the company behind the zero-knowledge rollup zkSync, on Wednesday said it plans to launch zkSync 2.0 to...
First Mover Americas: Bitcoin Nears $24K as Zipmex Suspends Withdrawals
Good morning, and welcome to First Mover. I’m Bradley Keoun, here to take you through the latest in crypto...
AI-Based Startup Optic Raises $11M to Put the ‘NF’ in NFTs
Optic, a startup that uses artificial intelligence to authenticate non-fungible tokens (NFTs), unveiled its business on Wednesday and raised...
The Sudden Rise of EVM-Compatible ZK Rollups
Last week, the news that Ethereum’s long-awaited transition to proof-of-stake might finally come in September evoked as many “I’ll...
Polygon Deploys ZK Rollup Testnet; Eyes Mainnet Launch
At the Ethereum Community Conference (EthCC) in Paris on Tuesday, Ethereum scaling solution Polygon announced the launch of Polygon...
The Fed Is Upside-Down on Inflation and That’s a Big Risk
The last time the U.S. suffered a nasty bout of inflation, in the 1980s, the economic emergency was seen...
Stake in Crypto Exchange Deribit Becomes Disputed Asset in Three Arrows Bankruptcy
As Three Arrows Capital, the troubled crypto hedge fund, struggles through liquidation proceedings in the British Virgin Islands and...
FTX’s Bankman-Fried Says It’s Worth Losing Money to Prop Up Crypto Industry
FTX co-founder and CEO Sam-Bankman Fried said he isn't bothered by losing some money if his bailouts keep the...
‘Singapore-based’ Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says
Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), says troubled crypto firms like Three Arrows Capital,...
Fedi to Build Privacy-Focused Bitcoin Mobile App on Fedimint Protocol
Fedi Inc. has closed a $4.2 million seed round to fund development of the Fedi mobile app built on...
Bored Apes Creator Warns of Threat Group Targeting NFT Communities
Yuga Labs, the development studio behind popular non-fungible tokens (NFT) collections such as the Bored Apes Yacht Club (BAYC),...
Investment Firm Valkyrie Branches Into VC With Focus on Israeli Crypto Startups
Crypto investments firm Valkyrie is moving into venture capital with a planned $30 million venture capital fund that will...
THORChain Phases Out Support For Rune Tokens on Ethereum, BNB Chain
THORChain has activated a “killswitch” that will eventually phase out rune (RUNE) based on Ethereum and BNB Chain in...
Crypto Trading Firm TPS Capital Denied Ties to Insolvent Three Arrows. Court Documents Indicate a Connection
Tai Ping Shan (TPS) Capital created a complicated corporate structure that obscured its relationship with Three Arrows Capital, and...
Celsius Lays Out Mining-Focused Reorganization Plan at First Bankruptcy Hearing
Crypto lender Celsius has half a million creditors owed more than $5 billion, attorneys for the company said during...