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The decentralized social network Farcaster is enjoying a breakout after last week’s introduction of “Frames” – a new feature that could attract attention from developers and, eventually, mainstream users. CoinDesk’s Jenn Sanasie sat down with co-founder Dan Romero in an exclusive interview.

The move comes after Prometheum received FINRA approval to offer crypto custodial, clearing and settlement services in December 2023.

Bitcoin miner Hut 8 has appointed President and board member Asher Genoot as CEO, following the completion of its merger with US Bitcoin Corp.

Some 100 million PYTH ($47 million) will be distributed to the dapps, following the 255 million tokens allocated to DeFi users in November.

Friendzone was built by early team members from Band Protocol, Synthetix and Koinly and targets the social application space.

While the Pandora team describes ERC-404 as a “Frankenstein’s monster,” it claims there’s method in its madness.

The total derivatives trading volume on CME rose 35% in January to $94.9 billion, the highest since October 2021.

The cryptocurrency market could experience a downside correction as the Fed’s rate cut delay is still not priced in, according to an analyst.

This was a stark improvement from the turmoil of 2022, when the average investor realized over $7,000 in losses amid a severe bear market.

Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.