Hip-Hop Collab Teams PUMA, Roc Nation and Legitimate for Sneaker Release
The three models of sneakers celebrate the 50th anniversary of hip-hop and each one has an NFC chip owners can scan to access exclusive music content.
First Mover Americas: XRP Gains 66% on Ripple’s Partial Court Victory
The latest price moves in bitcoin (BTC) and crypto markets in context for July 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Setting Boundaries: Defining Active and Passive Management for Crypto
From single-token buy-and-hold to quantitative management, we compare the pros and cons of 3 different approaches to crypto investing.
Crypto Markets ‘Highly Dependent’ on Stablecoins Lacking Transparency, TUSD Poses Risk: Kaiko
The rapidly growing TUSD, favored by crypto exchange Binance, poses risk to the market, according to the crypto research firm.
Coinbase CEO Brian Armstrong Asks Twitter Followers if Their BofA Accounts Were Closed Because of Crypto Transactions
The Coinbase CEO created a Twitter poll posing the question, and a whopping 9% of respondents said “yes.”
Sale of XRP on Exchanges Not Investment Contracts, Court Rules in SEC Case Against Ripple
The institutional sale of the XRP tokens did violate federal securities laws, a court ruled as it granted a motion for summary judgment in part on Thursday.
Argentina’s First Bitcoin Futures Contract Officially Goes Live
The product was approved by the South American country’s National Securities Commission in April.
Hedge Funds’ Long-Term Crypto Interest Remains Robust Even as Proportion Investing Drops: PwC
The percentage of funds with crypto exposure fell to 29% from 37% in the past year, though no traditional hedge funds plan to decrease their exposure in 2023.
Zero-Knowledge Rollup ZKM Sets Out to Make Ethereum ‘Universal Settlement Layer’
With funding from the foundation that oversees development of the Metis layer-2 Ethereum protocol, ZKM is developing a hybrid approach that combines Optmistic and Zero-Knowledge rollups into one.
Circle Cuts Workforce, Ends Certain ‘Non-Core’ Activities; Will Continue Hiring Globally
Stablecoin issuer Circle has cut its workforce slightly to maintain a “strong balance sheet,” the company said Wednesday.