Galaxy Digital Second-Quarter Net Loss Widens as Crypto Market Retreats
The crypto market pulled back from the first-quarter’s record highs during the three-month period.
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‘Golden Boys’ Move on CompoundDAO Wasn’t a Governance Attack: Tally Protocol CEO
Sitting on the sidelines during the democratic process means you can’t complain about the result, the CEO and co-founder of a DAO vote-counting protocol argued in an interview.
Crypto Lending Firm Morpho Bags $50M in Funding Round Led by Ribbit Capital
The strategic funding round included a16z, Coinbase Ventures, Variant, Pantera and Brevan Howard.
CoinDesk 20 Performance Update: ICP and RNDR Lead Losses as Index Slips 2.2%
ICP dropped by 5.3% and RNDR fell by 4.1% in overnight trading.
Crypto VC Paradigm Invests in MetaDAO as Prediction Markets Boom
MetaDAO, a Solana experiment in governance by “futarchy,” raised a total of $2.2 million to fund operations.
Crypto Lender Ledn Handed Out $1.16B Worth of Loans in First Half of 2024
The platform witnessed a 29.8% jump in retail lending between the first and second quarters.
First Mover Americas: Crypto Markets Reel on Geopolitical Risk
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 1 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Indicator That Forewarned Late 2023 Volatility Explosion Is Lighting Up Again
Bitcoin’s Bollinger bandwidth has narrowed to levels that have historically preceded volatility explosions.
Ripple to Allocate $10M to Tokenized U.S. Treasury Bills on XRP Ledger
This is part of a larger fund that Ripple will allocate to tokenized T-bills provided by OpenEden and other issuers.
Bitcoin Miner Riot Platforms’ Second-Quarter Loss Widens to $84.4M as Costs Surge
The company’s loss per share doubled to $0.32.