After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day.
Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune
he crypto-focused firm has also cut three members of its research and development staff.
U.S. Secret Service Seizes Funds From Bahamian Bank Deltec Amid Fraud Investigation
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U.S. Spot Bitcoin ETF Approval Clock to Start Wednesday as 8 Applicants Named on Federal Register
The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register.
Messaging Platform Telegram Has Issued $270M in Bonds to Fund Growth
“I personally bought about a quarter of the new Telegram bonds,” said Pavel Durov, the CEO of the popular but not-yet-profitable platform.
Ripple Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says
Crypto securities ruling could impact pricing of CEL token but won’t affect restructuring plans, the counsel said.
Bitcoin Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
Thursday’s rally to a new 13-month high of $31,800 has now more than been fully nullified.
Arkham’s Token Debuts at $0.75 After Being Sold for $0.05 in Binance Launchpad
Blockchain analytics firm Arkham Intelligence’s native token (ARKM) is trading at $0.74 with a $107 million market cap after it was issued to beta testers and Binance launchpad participants.
G20 Welcomes FSB’s Tougher Crypto Rules, Says Presidency Holders India
The Group of Twenty (G20) has welcomed the high-level recommendations of the Financial Stability Board (FSB) on crypto asset activities and global stablecoin arrangements.
Crypto Insurer Evertas Buys Bitcoin Mining Cover Specialist Bitsure
Evertas has snagged the authority to offer mining policy limits of up to $200 million per location.
First Mover Americas: Reddit Community’s MOON Tokens Soar
The latest price moves in bitcoin (BTC) and crypto markets in context for July 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Metaverse Startup Futureverse Raises $54M Series A From 10T Holdings, Ripple Labs: Bloomberg
Futureverse formed out of the merger of eight companies in late 2022, with three more assimilated subsequently.
VC Funding in Web3 Plummets 76%: Crunchbase Data
In the second quarter of 2023, Web3 startups raised just over $1.8 billion, compared to $7.5 billion during the same period last year.
Digital Art Platform Prohibition Taps Arbitrum to Democratize Generative Art
Created by Web3 innovation studio Venture Punk, Prohibition allows any artist to create generative art on-chain, utilizing the Art Blocks Engine.
Even Unpaid Social Media Crypto Promotions May Breach UK Ad Rules: Financial Regulator
The Financial Conduct Authority (FCA) gained oversight of crypto promotions with the approval of the Financial Services and Markets Act in June.
Coinbase Earn Is Particularly Vulnerable to Being Defined as a Security: Berenberg
The crypto exchange is still faced with significant regulatory challenges, the report said.
Bitcoin Cannot Remain Indifferent to Dollar Index for Long: Analyst
U.S dollar index’s fate impacts global liquidity conditions, which, in turn, influences risk assets, including cryptocurrencies.
Coinbase CEO Brian Armstrong to Meet House Democrats About Crypto Legislation: Bloomberg
Armstrong will meet Democrats from the House of Representatives in the U.S. Congress, aides familiar with the plans told Bloomberg.
Reddit Community Tokens Rocket as Rule Change Speculation Boosts MOON, BRICK
Reddit’s Terms of Service recently changed where it now explicitly allows for trading Reddit’s tokenized Community Points, one observer said while explaining the price rally.
Levered Bullish Longs Getting Liquidated as Bitcoin Market Softens
CoinGlass data shows that in the last 24 hours, $116.38 million worth of futures bets were liquidated, with $85.68 in bullish long positions.