CoinDesk

The round was co-led by Pantera Capital and Framework Ventures.

The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses.

The latest price moves in bitcoin (BTC) and crypto markets in context for July 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Tools for Humanity (TFH), a contributor to the Worldcoin project, hired four executives to advance its mission to ensure a more just economic system, the company said on Tuesday.

The Monetary Authority of Singapore released its stablecoin framework last year.

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Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report said

Ether-tracked investment products have collectively lost nearly $120 million in the past two weeks while bitcoin products recorded inflows.

Bitcoin has a median return of 9.6% in July and tends to bounce back strongly, one trading firm said.

The U.S. Securities and Exchange Commission filed a complaint against Silvergate Bank’s parent entity and its former executives on Monday.

DePIN stands for Decentralized Physical Infrastructure Networks, or in simple terms, real-world applications that are actually useful, says Max Thake, cofounder of Peaq, a layer-1 for DePIN.

The regulator’s refusal to listen to dissenting opinion on its new Dealer Rule left us no option but to sue for clarity and accountability, says Marisa Coppel, head of legal at the Blockchain Association.

Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.

Odds that the president will drop out of the race surged as high as 50% after the debate before leveling off at 40% on the crypto-based prediction market.

Over the weekend, NEAR and AVAX lead the CoinDesk 20 with only one asset posting a loss.

Hashnote Harbor will enable clients to earn yields on digital commodities without the assets ever leaving the custody of Anchorage Digital.

Ether spot ETFs, once launched, should help broaden institutional appetite for other digital assets, the report said.

The latest price moves in bitcoin (BTC) and crypto markets in context for July 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

BIS, the umbrella body for central banks highlights, highlights risks from mounting fiscal debt worldwide and premature rate cuts.

The far-right party associated with Marine Le Pen led in the first round of France’s two-part election.

The Japanese investment adviser said it acquired more than 20.2 BTC.

The service will provide corporates, family offices and non-profits with a range of digital asset treasury management solutions.

Hidden Road is now integrated with Coinbase International Exchange, OKX, Deribit, Bitfinex, AsiaNext, SIX Digital Exchange and Bullish.

Short-term holders wallets sitting on loss may liquidate holdings near $65,000, capping a renewed upswing in bitcoin’s price.

Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit.

A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.

The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.

In a near-vacuum of legal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of regulation – can vary from court to court.

The U.S. Securities and Exchange Commission sued Ethereum software provider ConsenSys over its MetaMask service Friday, alleging the wallet tool was an unregistered broker that “engaged in the offer and sale of securities” and that its staking service violated federal securities laws.

VanEck and 21Shares’ applications seem doomed under the Biden administration. But they include a deadline that lapses when Trump would be in office, if he wins the presidency in November.