The bitcoin price is struggling to keep above the $61,000 mark, despite a rally in European equity indices.
On-chain confidential computing project Arcium completed a $5.5 million strategic funding round led by Greenfield Capital.
DeRec Alliance aims to standardize and expedite how digital assets can be recovered in the web3 industry, especially for crypto non-experts.
Ledn’s crypto loan growth was spurred on by demand from former Celsuis clients and the launch of U.S. spot bitcoin ETFs, the firm said.
Crypto lender Ledn processed more than $690 million in loans during the first quarter, its most successful quarter since the firm’s inception in 2018.
The latest price moves in bitcoin (BTC) and crypto markets in context for May 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Memecoins inspired by U.S. presidential election candidates, particularly those related to Donald Trump, have rallied over the past 24 hours.
Bitcoin mining difficulty has dropped 5.7% to 83.1 trillion as the network’s hash rate falls below 600 EH/s following the halving.
A Binance team found that “VIP” clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal said.
The Ministry of Justice proposed amendments to the anti-money laundering laws that could imprison offending crypto firms for up to two years.
