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Crypto Investment Scam Losses in U.S. Grew 53% to $3.94B in 2023: FBI

Crypto Investment Scam Losses in U.S. Grew 53% to $3.94B in 2023: FBI

Investment fraud at large grew by 38% from $3.31 billion to $4.57 billion, according to the bureau’s Internet Crime Report 2023, highlighting the prominent role that cryptocurrency plays in this area of crime.

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SHIB’s 106% Move Higher Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

Bitcoin cash and ethereum classic also posted significant gains as all 20 cryptos in the gauge appreciated.

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Wyoming governor signs into law a bill to give DAOs legal standing in the state

A new bill was signed into law in Wyoming that would give decentralized autonomous organizations legal standing in the crypto-friendly state. 

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MIT and Harvard alumni launch startup accelerator to support web3 founders

MIT and Harvard alumni have teamed up to launch a startup accelerator focused on supporting early-stage web3 founders.

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‘Groundhog Day’ in Crypto as Bitcoin Again Plunges Following New Record

Bitcoin briefly rose above $70,000 Friday, but immediately tumbled to $67,000, repeating Tuesday’s action.

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Spot bitcoin ETF cumulative trading volume crosses $100 billion

Another major milestone for spot bitcoin ETFs as the products continue to break weekly and daily trading volume records.

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Ether Hits $4K for First Time in More Than Two Years

The second-largest cryptocurrency last surpassed that level in December 2021.

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Ether price hits $4,000 for the first time in more than two years

The milestone comes amid ongoing speculation over the prospect of a spot ether ETF in the U.S. this year — but opinions on approval vary.

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U.S. Added 275K Jobs in February; Unemployment Rate Unexpectedly Rises to 3.9%

So far in 2024, bitcoin’s concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs.

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First Mover Americas: Ether Approaches $4K

The latest price moves in bitcoin (BTC) and crypto markets in context for March 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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