U.S. Added 187K Jobs in July, Missing Estimates for 200K, Bitcoin Slips to $29,100
The unemployment rate TKTK to 3.X% versus estimates for 3.6%.
First Mover Americas: Upbit Moves Up to No. 2 in Spot Trading Volume
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Hong Kong’s New Crypto License Could Cost Exchanges a Pretty Penny
The city’s new licensing regime paves the way for exchanges to operate legally but tough compliance requirements could cost firms as much as $20 million, industry insiders say.
Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator’s Oversight
Coinbase filed for judgement in its ongoing case against the U.S. Securities and Exchange Commission, alleging the regulator is stepping well outside its jurisdiction in suing the crypto exchange.
Arbitrum’s Most Popular DEX Goes Live With New Version Offering DOGE Pools at 40%
Version 2 of GMX allows trading of riskier assets at lower fees, with some pools yielding as much as an annualized 47%.
Revolut Suspends U.S. Crypto Platform Over Regulatory Uncertainty
The digital bank said U.S. customers will not be able to access crypto via its platform starting Oct. 3.
Trader Joe Debuts on Ethereum; JOE Jumps 3%
The DEX’s Liquidity Pool was already available on Arbitrum, BNB Chain and Avalanche.
Largest Crypto Miners Will Benefit Most From Capacity Growth: Bernstein
Larger miners with a low cost of production and low debt are likely to be the big beneficiaries of increased capacity, the report said.
Curve Offers Hackers 10% Bounty in Exchange for Return of Crypto
“We will pursue you from all angles with the full extent of the law,” said Curve, Metronome and Alchemix.
Polygon Claims Matter Labs Copied Its Code Without Attribution
In a blog post, Polygon shared that Matter Labs had copy-pasted part of the code from their Plonky2 library.