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Latest from Sam Reynolds
First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In
The stablecoin is issued by a registered trust owned by First Digital.
First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend
Also: Bitcoin and volatility have a tricky relationship.
U.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors Say
Lawyers for the disgraced FTX executive filed pre-trial motions in early May to dismiss most of the charges on technicalities or procedural issues.
First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election?
ALSO: The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks.
Arbitrum Based Jimbos Protocol Scurries for Revival After $7M Exploit
Version 2 of Jimbos protocol was attacked over the weekend for $7.3 million, just days after going live.
Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare
Temasek wrote down the entirety of its investment in FTX in November.
First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal
ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper represented progress for a country that is keen to write the next generation of technology standards
Ether Balance on Exchanges Nears All-Time Low
The drop comes as the number of staked ether has surged.
Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet
Top holders of LADYs meme coins are sitting on unrealized profits worth millions of dollars.
First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers Make Progress in Debt Limit Negotiations
ALSO: Graphics chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology.
