Looking at the Claims Celsius Operated Like a Ponzi
Celsius, which quite frankly is not having a pleasant go of it right now, is getting sued by a...
First Mover Americas: Bitcoin Below $20K and BTC’s Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
Good morning, and welcome to First Mover. I’m Lyllah Ledesma, here to take you through the latest in crypto...
France Starts Second Stage of Wholesale CBDC Experiments, Central Bank Governor Says
The French central bank, Banque de France, wants a working wholesale central bank digital currency (CBDC) ready to go...
Solana’s Macalinao Brothers Launch $100M VC Fund
Solana developers Dylan and Ian Macalinao have debuted Protagonist, a $100 million venture capital firm and incubator fund. CoinDesk...
Policy Makers Should Get On With Regulating Crypto, BOE’s Cunliffe Says
Regulators should accelerate their work on setting up effective rules for crypto, Bank of England Deputy Governor Jon Cunliffe...
Brazilian Fintech PicPay to Launch Crypto Exchange, Real-Tied Stablecoin
This article is adapted from CoinDesk Brasil, a partnership between CoinDesk and InfoMoney , one of Brazil's leading financial...
Voyager Clarifies USD Deposit Concerns in Update
In an update posted this morning, Voyager – the crypto exchange platform that declared Chapter 11 bankruptcy last week...
Celsius Reclaims $172M Collateral From Aave, Compound
Celsius Network, the troubled crypto lender that has halted customer withdrawals because of liquidity troubles, paid down $95 million...
Binance Failed to Deliver on Money Laundering Prevention Promises: Report
Binance, the largest cryptocurrency exchange by traded volume, made only weak attempts to prevent money laundering, Reuters said. Binance...
CoinFlex Begins Arbitration Against $84M Delinquent Customer; FLEX Holders in Focus
Crypto trading business CoinFlex has begun arbitration for the recovery of over $84 million in debt owed by a...
First Mover Asia: Bitcoin Slides; Mixed Crypto Legacy in Hong Kong for the FCA’s Incoming CEO
Good morning. Here’s what’s happening: Prices: Bitcoin (BTC) slides for a third day, once again threatening to fall below...
Crypto Is Trying Out Traditional Finance’s Failures in Hyperspeed, but It’s Going to Be Fine
The last time I wrote about a stablecoin, it failed spectacularly. So when a colleague of mine suggested I...
Musk Scraps $42B Deal to Buy Twitter, Prompting Board to Threaten Suit
Tesla (TSLA) CEO Elon Musk scrapped his $42 billion takeover deal to buy Twitter (TWTR), claiming the information provided...
Celsius Pivots Toward Paying Off Aave, Compound Debt, With $950M Collateral as Prize
Celsius, the liquidity-strapped crypto lender that this week paid down $223 million of loans on the blockchain protocol Maker...
Three Arrows Wanted a $100M NFT Collection. Instead, It’s Worth Less Than $5M
At the height of last summer’s non-fungible token (NFT) mania, Three Arrows Capital – then a behemoth managing tens...
US Fed Vice Chair Brainard Doesn’t Like What She’s Seeing in Crypto
One of the top officials at the U.S. Federal Reserve made it abundantly clear the central bank – which...