By CD Read more: CoinDesk The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 9 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Publish at: February 09, 2023 at 01:01PM
First Mover Americas: Coinbase CEO Brian Armstrong Suggests SEC Could Ban Staking
Crypto Protection Firm Coincover Raises $30M
By CD Read more: CoinDesk Silicon Valley investment firm Foundation Capital led the funding round.Publish at: February 09, 2023 at 01:00PM
Bankrupt Crypto Lender BlockFi Takes Two-Thirds Haircut to Settle Bitcoin Miner Bitfarms’ Debt
By CD Read more: CoinDesk The miner had recently warned it might stop paying off the debt to BlockFi.Publish at: February 09, 2023 at 12:58PM
DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol
By CD Read more: CoinDesk MakerDAO, the DeFi organization that facilitates the generation of the DAI stablecoin, is releasing Spark Protocol – a lending platform that will rival Aave.Publish at: February 09, 2023 at 11:33AM
Stablecoin Issuer Tether Reports $700M Profit for Q4 2022
By CD Read more: CoinDesk Its assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued.Publish at: February 09, 2023 at 11:29AM
Umami Finance CEO Dumps All Tokens After Week-Long Drama, Leaving Crypto Hopefuls Stranded
By CD Read more: CoinDesk The move followed on the back of Umami making changes to how its value accrual token worked.Publish at: February 09, 2023 at 11:21AM
JPMorgan: Ethereum’s Shanghai Upgrade to Raise Staking Toward Proof-Of-Stake-Blockchain Average
By CD Read more: CoinDesk Ethereum’s staking ratio is around 14% compared with an average of 60% for the other major PoS blockchains.Publish at: February 09, 2023 at 10:59AM
CryptoQuant: Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs
By CD Read more: CoinDesk Transactions are coming from the popularity of the recently-deployed protocol Ordinals, which allows for NFT-like tokens to be stored on-chain.Publish at: February 09, 2023 at 10:51AM
Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government
By CD Read more: CoinDesk Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn.Publish at: February 09, 2023 at 09:45AM
Tron Blockchain Commits $100M in Grants to Artificial Intelligence-Focused Projects
By CD Read more: CoinDesk The commitment comes as AI-focused tokens take over the narrative in crypto circles.Publish at: February 09, 2023 at 09:13AM