Do Kwon Faces Extradition to U.S. for Charges Tied to the TerraUSD and Luna Collapse: WSJ
The blowups of his UST and LUNA tokens fueled a crisis that gripped the whole crypto industry in 2022, causing losses that reverberated far and wide.
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Asset Tokenization on Blockchains Could Increase Systemic Risks: BOE
Banks are becoming more positive about using crypto technologies for the tokenization of money and assets, the BoE said in its bi-annual report.
Jack Dorsey’s Block Bitkey Bitcoin Wallet Comes to Market in More Than 95 Countries
Jack Dorsey’s company’s new self-custody wallet consists of an app, hardware device and recovery tools.
Even Small-Time Jito Airdroppers Are Getting Thousands of Dollars in JTO Tokens
The governance token was airdropped to users of Jito’s liquid staking token protocol.
Robinhood Broadens Crypto Service to Europe, Notes Region’s Digital Asset Regulation
The company said it chose Europe to anchor its crypto expansion outside the U.S. because of the region’s comprehensive rules.
Craig Wright’s Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case, English Court Rules
The hearing, scheduled to take 15 days, will also seek to determine whether the hack occurred.
Bitcoin’s Next Move Might be Decided by Friday’s Jobs Report
A recent dovish shift in the outlook for monetary policy has played a sizable role in big gains for both crypto and traditional markets.
Bitcoin Project Babylon Raises $18M to Bolster Development of Staking Protocol
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.
Galaxy-Backed Gyroscope’s ‘All-Weather’ Decentralized Stablecoin Goes Live on Ethereum Mainnet
Gyroscope’s GYD token aims to protect against the risks of holding stablecoins by offering an alternative to centralized and algorithmic designs.
First Mover Americas: Crypto on the Agenda at Republican Presidential Debate
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.