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First Mover Americas: Justice Department May Charge Binance With Fraud: Report

The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Lyllah Ledesma, Omkar Godbole

Hong Kong’s OSL receives license for Bitcoin and Ethereum retail trading

Hong Kong’s Securities and Futures Commission has given OSL a license for bitcoin and ether retail trading.

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Author: Brian McGleenon

Crossover and Cboe Digital collaborate on crypto clearing solution

Crossover Markets Group, an institution-focused digital assets firm, has announced a collaboration with the U.S.-regulated crypto exchange Cboe Digital.

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Author: Brian McGleenon

Aave Chan proposes Aave treasury buys $2 million CRV from Michael Egorov

Aave Chan Initiative’s Marc Zeller proposed that Aave’s treasury should purchase $2 million of CRV from Curve founder Michael Egorov.

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Author: Tim Copeland

Developer ‘accidentally’ locks up $9,000 of ether for 100 years. Critics say it was deliberate

A developer accidentally locking up $9,000 of ether for 100 years caused their test token to pump in price. Observers are skeptical.

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Author: Tim Copeland

BlockFi moves ‘one step closer’ to refunding creditors

BlockFi’s bankruptcy plan is progressing after the firm announced its disclosure statement was conditionally approved.

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Author: Brian McGleenon

Huobi co-founder Jun Du buys 10 million CRV from Michael Egorov

Huobi co-founder Jun Du purchased 10 million curve tokens (CRV) for $4 million from Curve founder Michael Egorov.

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Author: Tim Copeland and Ryan Weeks

Alameda-Linked Coins Pumped by Twitter Bots After FTX Listing, Report Shows

At times, Twitter bots accounted for roughly half of all “chatter” on the platform for six FTX-listed altcoins.

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Author: Elizabeth Napolitano

AI Investment Could Reach $200B Globally by 2025: Goldman Sachs

Generative AI has huge economic potential and could boost global labor productivity, the report said.

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Author: Will Canny

Namibia Sets the Stage for National Crypto Strategy With New Law

The Virtual Assets Act is just a “skeleton” of what a crypto regime could look like, but it sets the foundation for more laws and regulations, lawyers say.

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Author: Camomile Shumba


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