Bitcoin Trade That Gave Bankman-Fried His Millions Returns in South Korea
Local market observers pointed out that the so-called “Kimchi premium” crossed a two-year high mark on Thursday.
Cryptography Firm Zama Raises $73M for ‘Fully Homomorphic Encryption’ Apps
The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The ‘FHE’ technology allows for processing of encrypted data, useful for privacy in blockchain and AI.
BlockFi Settles With FTX, Alameda Estates for $874.5M
The settlement with FTX and Alameda Research is a key part of BlockFi’s bankruptcy and reorganization plan.
Protocol Village: Burnt Banksy Launches XION Blockchain, With USDC as Primary Currency
The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 7-March 13.
How the SEC’s Recent Win May Play in Its Coinbase, Binance Cases
A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and Exchange Commission’s motion for a default ruling.
Bitcoin ‘V-Shape’ Recovery Opens Way for $76K Price Target: Swissblock
Bitcoin’s sharp rebound from Tuesday’s plunge indicates a start of a new rally targeting $76,000, Swissblock said.
Native Token Transfers Are the Next Evolution of Interoperability
Wrapped assets introduced a wave of DeFi innovation that cross-chain protocols are looking to take forward.
Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High
If bitcoin’s an inflation hedge, shouldn’t we adjust it for inflation?
The Protocol: Bitcoin Cry for Help Heard
It may seem perplexing to the corporate mindset that bitcoin’s price surged this week to a new all-time high above the old record around $69,000, even as the dominant Bitcoin Core software used to run the blockchain remains dependent on a group of volunteers. But there may be help on the way.
First Mover Americas: What Comes After BTC’s Flirt With Record High
The latest price moves in bitcoin (BTC) and crypto markets in context for March 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.