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Bitcoin, Ether Drop as Analysts Fear Fed Minutes Will Dash Hopes for 2023 Easing
Risk assets recently rallied in hopes that inflation has peaked and the Fed would cut interest rates next year. The central bank's tightenin...

EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings
Lawmakers of the European Green Party want to anticipate international standards by legislating hefty capital norms for lenders now.

Bill Ackman Among Investors as Venture Capital Crypto Firm Shima Capital Raises...
The Web3-focused fund, founded by a Wall Street veteran, is backed by crypto heavyweights Dragonfly and Animoca.

First Mover Americas: Bitcoin Lower as U.S. Futures Slide; Ether Continues to St...
The latest price moves in bitcoin (BTC) and crypto markets in context for August 17, 2022. First Mover is CoinDesk’s daily newsletter that c...

Crypto Broker Genesis Cutting 20% of Workforce as CEO Michael Moro Exits
Michael Moro, the CEO of crypto broker Genesis has quit as the company cuts 20% of jobs.

Former Coinbase VP Adam White Joins Blackstone as Crypto Investment Advisor
White begins at Blackstone in a part-time role working across the firm’s investment teams and with its portfolio companies.

World Bank Affiliate IFC Backs Blockchain-Based Platform for Carbon Offsets
International Finance Corp (IFC), a World Bank affiliate focused on investment in less-developed countries, is backing a blockchain-based pl...

Crypto Analysts Reject Latest DOGE, SHIB Rally as Contrarian Signal
Historically, meme token rallies have been accurate predictors of market tops, analogous to record-setting art auction prices in traditional...

Crypto Investment Firm CoinFund Launches $300M Web3 Fund
Sectors of interest for the early-stage fund include layer 1 blockchains, gaming and NFTs.

UK Group to Test Stablecoin Payments, Provide Data to Bank of England
The Digital FMI Consortium will test cross-border payments and provide recommendations to the Bank of England using its own sterling-backed...

Tornado Cash Fallout: Can Ethereum Be Censored?
In light of OFAC’s Tornado Cash sanctions, Ethereum's community debates what to do if validators censor sanctioned addresses.

Fugitive BitConnect Founder Kumbhani Indicted in US Is Now Wanted in India Too
An unidentified lawyer filed a complaint naming Kumbhani and six others saying he was defrauded of his original investment of 54 bitcoins an...

Dogecoin Jumps as Dogechain Gains Traction Among Retail Crypto Traders
The Polygon-based Dogechain locks nearly $5 million in liquidity and is gaining prominence among retail crypto traders.

UK Crypto Industry Welcomes New Stablecoin Rules, Awaits Guidance
A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins, but details on how the rules mig...

US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawma...
U.S. Sen. Pat Toomey said whistleblowers had informed him that the FDIC was pressuring banks to stop providing services to crypto companies.

First Mover Asia: Crypto Can’t Shake the Correlation Narrative; BTC, ETH Sink bu...

Kenya's Crypto Crowd Hopes President-Elect Will Be Better Than Predecessor
Kenya President-Elect William Ruto is "assumed" to be a better hope for the crypto community in Kenya than the losing candidate Raila Odinga...

Bankrupt Crypto Lender Celsius Gets Cash-Injection Offers, Approval to Sell Mine...

Bitcoin Miner Riot Takes $349M Goodwill Impairment Charge on Acquisitions
he company also posted an impairment charge of $99.8 million on its bitcoin holdings.

Crypto.com Exchange Registers With UK Financial Regulator
The crypto exchange has faced past heat over advertisements from the FCA.

Market Wrap: Bitcoin's Price Retraces Again, Breaks Below Trendline
Bitcoin declines for third consecutive day, on below average volume. Bitcoin (BTC) declined 1% on Tuesday, marking the second consecutive da...

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