The Ends of Aragon
Aragon had a dream to remake capitalism with DAOs. As it faces a governance crisis, what can we learn about how to organize DAOs in the future?
First Mover Americas: JPMorgan Cautious About Crypto Markets in 2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans
Crypto custody specialist Taurus has partnered with lending company Teylor.
Ledger Exploit Endangers DeFi; Sushi Says ‘Do Not Interact With ANY dApps’
The exploit reportedly prompts users to connect their wallets via a pop-up, triggering a token drainer.
Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain’s BBVA
The institutional crypto platform uses Nasdaq’s trading tech, and comes out the gates with seven banks and securities firms.
Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment
The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.
Crypto Exchange CoinList Settles OFAC’s Russian Sanctions Allegations for $1.2M
CoinList did not detect users who claimed to be from non-embargoed countries, but provided addresses in Crimea, OFAC said.
Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs
The new “Cronos zkEVM chain” is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.
JPMorgan Is Cautious About Crypto Markets Into 2024
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.
ARK Sells $42.6M Coinbase Shares as COIN Hits 20-Month High
The firm has sold over $150 million worth of stake in COIN since Dec. 5.