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First Mover Americas: Bitcoin, Ether Slip as UK Inflation Hits 40-Year High
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 19, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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Deliveroo confirms Dutch exit next month
Deliveroo has confirmed it’s exiting the Netherlands following an announcement this summer that it was consulting on pulling out of the market. In a statement today, the on-demand delivery app said its consultation had concluded that achieving and sustaining a top-tier market position in the market would require “a disproportionate level of investment with highly … Read more
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Terra Developers Unveil 4-Year Plan to Revive LUNA Ecosystem
Incentivizing developers and user activity with LUNA tokens are key parts of the plan.
Brazil’s Largest Digital Lender Nubank to Roll Out Own Token to 70M Users in 2023
Named Nucoin, the new token will be used to offer discounts and perks to customers.
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Nourish Ingredients gets $28.6M boost for its animal-free fats
Nourish Ingredients, a food tech company that creates animal-free fats using synthetic biology, secured $28.6 million in Series A funding, led by Horizons Ventures and supported by Main Sequence Ventures and Hostplus. We previously profiled the Australian company in 2021 when it raised $11 million. It is one of the few companies in the food … Read more
Nubank to launch loyalty tokens on the Polygon blockchain
Dubbed Nucoin, the token creation process will receive collaboration from 2,000 clients in the following months.
Japanese regulators loosen crypto laws and make it easier to list coins
The Japan Virtual and Crypto Assets Exchange Association says it plans to make it easier for authorized exchanges to list digital currencies by loosening the screening process.
Time’s Running Out for French Crypto Registration Regime, Regulator Says
The country’s Financial Markets Authority is also looking for entities willing to test out DLT-based securities trading.
Nigerian retail automation platform Bumpa raises $4M, led by Base10 Partners
Millions of small and medium businesses still operate inefficiently due to dependency on manual processes, which limits their capacity to grow and scale; this is despite contributing to about 48% of Nigeria’s GDP in the last five years, But the tide is turning. Over the last couple of months, we’ve seen a wave of upstarts … Read more
Will Censorship Fork Ethereum?
Disagreement around how to handle sanctions on Ethereum may soon force the chain to split into two: one chain censored, one not. Valid Points is CoinDesk’s weekly newsletter that breaks down Ethereum’s evolution and its impact on crypto markets.
JPMorgan Appoints Former Celsius Exec as Crypto Regulatory Policy Head: Report
JPMorgan has appointed Aaron Iovine as its head of crypto regulatory policy, a newly created role, according to a Bloomberg report on Wednesday.
SpaceX’s satellite internet service is coming to planes with Starlink Aviation
Internet is provided via the Aero Terminal, seen on top of the aircraft. | Image: SpaceX SpaceX’s satellite internet service Starlink will soon be available on select airplanes with the official launch of Starlink Aviation next year, the company has announced. It claims the service will offer internet speeds of up to 350Mbps to each … Read more
New Fidelity report flags ‘stark contrast’ between Bitcoin and fiat currencies
Counterparty risk and “liability” form enduring qualities setting Bitcoin apart, says Fidelity Digital Assets.
Pinterest partners with record labels to bring popular music to its TikTok rival, ‘Idea Pins’
Pinterest’s TikTok competitor is gaining new music. The company announced today its video-focused “Idea Pins” feature will now include the ability to add popular tracks from top artists, thanks to new licensing deals with Warner Music Group, Warner Chappell Music, Merlin and BMG. This will expand upon the music already provided through Pinterest’s royalty-free music … Read more
Shoppers in India can now order sneakers in the Metaverse for a week
Indian e-commerce giant Flipkart partnered with Polygon-incubated organization eDAO to launch a virtual shopping world in the Metaverse.
Bitcoin Stuck in a Rut as BofA Survey Reveals ‘Long Dollar” is Most Favored Trade
Bank of America’s October survey of fund managers showed the “long dollar” as the most sought after bet for the fourth straight month.
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Lyft now lets you reserve parking spaces
The new Lyft parking feature allows users to search for and reserve parking spaces directly within the app. | Image: Lyft Lyft users can now search, reserve, and pay for parking spaces from the app in cities across the US, reports the San Francisco Chronicle. Drivers can access the new Lyft Parking feature by tapping … Read more