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August 25, 2023

First Mover Americas: Bitcoin Clings to $26K as Investors Await Powell’s Speech

The latest price moves in bitcoin (BTC) and crypto markets in context for August 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

News
August 25, 2023

Prime Trust Lost $8M in Doomed Terra Stablecoin Investment, CEO Says

A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, the CEO said in a court filing.

News
August 25, 2023

JPMorgan Sees Limited Downside for Crypto Markets in the Near Term

News that Elon Musk’s SpaceX had liquidated its bitcoin holding in the previous quarter acted as an additional catalyst for the correction in crypto markets in August, the report said.

News
August 25, 2023

Binance Is Contacting Low-Cap Crypto Projects in Bid to Boost Trading

The crypto exchange is conducting a “risk management initiative” targeting some crypto projects with a relatively small market capitalization or whose tokens form lower-liquidity trading pairs.

News
August 25, 2023

FTX, BlockFi, Genesis Customer Data Compromised in Kroll Hack

A ‘cybersecurity incident’ affected Kroll, which gathers customer claim data on behalf of bankrupt companies.

News
August 24, 2023

Weird PEPE Transfers Spook Investors and Prompt 12% Plunge

(Danny Nelson/CoinDesk)

News
August 24, 2023

Tokenization News Roundup: Resource Extraction, Social Media Monetization and Real World Connections

(Camilo Jimenez/Unsplash)

News
August 24, 2023

Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market

Num Finance already issues stablecoins pegged to the Argentine and Peruvian local currencies.

News
August 24, 2023

Tornado Cash Devs Are Caught in a U.S. Dragnet

Is there any justice in the U.S. government’s legal battle with Tornadoo Cash and its developers? (Steve Barker/Unsplash)

News
August 24, 2023

Coinbase Is Talking With Canadian Banking Giants to Promote Crypto

U.S.-based crypto exchange Coinbase is in talks with Canadian banking giants, trying to convince them to support the crypto ecosystem in that nation, which the company recently entered as it grapples with regulatory uncertainty in its home country.

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July 2025
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