Crypto Custody Firm BitGo Cancels Acquisition of Rival Prime Trust
Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk.
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Wintermute Backs DEX Vertex Protocol in Strategic Investment
The amount of the investment wasn’t disclosed, and Wintermute will provide liquidity services to the decentralized exchange.
Crypto Friendly Xapo Bank Expands to India, Rest of South Asia
Xapo’s CEO said the move “is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape.”
First Mover Americas: BTC Crosses $30K and Bitcoin Layer 2 Stacks Networks Gains 15%
The latest price moves in bitcoin (BTC) and crypto markets in context for June 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
First Animated Film Funded by a DAO Brings Nouns NFT Collection to Life
Led by former animators for Pixar, Netflix and Marvel, “The Rise of Blus: A Nouns Movie” has a budget of $2.75 million and is said to be the first animated film funded by a DAO.
MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.
German Intelligence Agency Releases NFT Collection to Recruit Talent
The Bundesnachrichtendienst (BND)’s dog-themed PFP collection can be acquired through a gamified treasure hunt, where participants must find a string of characters hidden by the agency.
Bitcoin Breaks $30K Amid TradFi Push Into Crypto
The world’s largest cryptocurrency by market value, bitcoin, had not reached levels above $30,000 since June 2022.
‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World
Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it’s there on a different chain, will go live on Starknet soon.
Starknet Foundation Appoints Meta Veteran Oliva as First CEO
The executive will help the non-profit promote growth within the Starknet ecosystem.