OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports
The firm said it invested in cryptocurrency and forex, and reportedly collapsed in 2022.
Crypto for Advisors: Are Crypto SMAs Right for Institutions?
Separately Managed Accounts, or SMAs, offer significant advantages over ETFs for institutional investors who want to invest in crypto via actively managed accounts.
CoinDesk 20 Performance Update: RNDR Surges 6.9% as Index Inches Higher
Eleven assets in the CoinDesk 20 gained, with LINK joining RNDR as the strongest performer.
Fed Chair Jerome Powell Expected to Set Stage for September Rate Cut
Bitcoin remains nearly 20% below its all-time high, while U.S. stocks and gold are at or within close shouting distance of record levels.
Memecoin Frenzy Reaches Tron as Justin Sun-Backed SunPump Rakes in Big Bucks
The memecoin generator launched in mid-August and has crossed $1 million in revenues in its first nine days – a large amount considering Tron’s low fees.
Crypto Asset Manager Grayscale Offers AVAX Token Investment in New Avalanche Trust
The provider of bitcoin and ether ETFs now offers more than 20 crypto investment products.
Avalanche Becomes Latest Blockchain to Support Franklin Templeton’s Tokenized Money Market Fund
The fund’s official record of share ownership is kept on the Stellar network and the fund may also use Polygon and Arbitrum for certain accounts.
Stablecoin Issuing System M^0 Employs Fireblocks for Crypto Custody
M^0 allows stablecoin issuers to incentivize distributors, liquidity providers and so on by programmatically sharing yield among an ecosystem of users.
NEAR Blockchain Gets Major Upgrade to Add ‘Stateless Validation’
NEAR Protocol has deployed a major upgrade known as “Nightshade 2.0” on its main network, designed to improve the scalability and usability of the blockchain.
First Mover Americas: Bitcoin Advances Following Reports of RFK Jr. Withdrawal
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.