Latest from Sheldon Reback
First Mover Americas: Bitcoin Approaches $63K Ahead of U.S. CPI Data
The latest price moves in crypto markets in context for May 15, 2024.

Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO: Bloomberg
Circle recently filed court paperwork to make the move, according to a company spokesperson.

Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord
The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report said.

Degen Chain Back Online After Two-Day Hiatus
The layer-3 blockchain for meme coins was offline for over 50 hours.

Sonne Finance Token Drops 60% After $20M Exploit on Optimism
Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.

DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and plans to pay the lion's share of protocol revenues back to liquidity providers.

Tornado Cash Developer Alexey Pertsev Found Guilty, Sentenced to 64 Months in Prison by Dutch Court
Alexey Pertsev was first jailed in the Netherlands in August 2022.

Bitcoin Market Activity Suggests Looming U.S. Inflation Data May Be Non-Event
The way bitcoin options are priced suggests Wednesday's CPI report, though pivotal, may do little to disturb the calm in the crypto market.

Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction
User activity has plunged after a hyped run-up to the introduction of the Runes protocol, which was expected by some to mirror Solana’s meme coin ecosystem.

Coinbase Resumes Operations After 3-Hour Outage
Some users may still be experiencing a "degraded" service, the exchange said.
