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Degen Chain Racks up Millions in Volumes; Latest in Custodia Bank's Legal Battle Against the Fed
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as meme coins flourish on Degen Chain, a new layer-3 blockchain built on top of Base. Plus, Roman Storm's legal team filed a motion to dismiss the criminal indictment against the Tornado Cash developer. And, a federal judge has rejected Custodia Bank's argument that it is entitled to a Federal Reserve master account.
NEAR Launches Multichain Access
Kendall Cole, Director at Proximity Labs, joins "First Mover" to discuss NEAR protocol's new chain signatures network that offers users multichain access from their NEAR account. Plus, insights on how the technology enhances user experiences and provides new opportunities for developers in the DeFi space.
How NEAR Enables Multichain Access From One Account
Proximity Labs Director Kendall Cole explains the challenges of building a spot decentralized exchange and how NEAR protocol's chain signatures network allows users multichain access from their NEAR account.
Why the NEAR foundation Chose Eigenlayer as a Security Partner
Proximity Labs Director Kendall Cole answers five rapid-fire questions from CoinDesk, including what challenges can be solved with Near's chain signatures, and why the NEAR foundation chose Eigenlayer as a security partner.
Judge Kaplan Had 'No Love' for Sam Bankman-Fried, Legal Expert Says
Partner at Bryan Cave Leighton Paisner, Renato Mariotti, joins CoinDesk to weigh in on Sam Bankman-Fried's 25 year sentence that was handed down by Judge Lewis Kaplan. He says the judge gave Bankman-Fried a significant sentence, noting that fraud cases often carry a single digit sentencing in terms of years.
How Bitcoin and Ether's Options Contracts Combined Expiry Could Spike Volatility
Leading crypto options exchange Deribit will settle bitcoin and ether's quarterly options contracts worth $9.5 billion and $5.7 billion, respectively. The $15 billion expiry, which is set to wipe out 40% and 43% of bitcoin and ether’s total notional open interest across maturities, is one of the largest in the exchange’s history, Deribit data show. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."
Over $1B in U.S. Treasury Notes Has Been Tokenized; FATF Calls for More Regions to Regulate Crypto
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as data tracked by 21.co shows $1.08 billion in Treasury notes has been tokenized through public blockchains. Plus, a new report from broker Canaccord Genuity gives bullish predictions on bitcoin, and the Financial Action Task Force calls for more jurisdictions to regulate crypto.
Moondance Labs CEO on 'Barriers of Entry' for Building Layer 1s
Tanssi co-founder and Moondance Labs CEO Francisco Agosti weighs in on the barriers of entry for developer teams to start building a Layer 1. "One of the biggest responsibilities that you take on as a development team is bootstrapping the security of your own chain," Agosti said.
What Challenges Do Appchains Solve?
Tanssi co-founder and Moondance Labs CEO Francisco Agosti answers five rapid-fire questions from CoinDesk, including what appchains are, the major problems appchains solve, and his crypto genesis story.
Appchain Protocol Tanssi Raises $6M
Francisco Agosti, co-founder of Tanssi and CEO of Moondance Labs, joins "First Mover" to discuss the challenges developers face when building blockchain applications. He says appchains provide a solution. Plus, insights on the $6 million investment Moondance Labs raised for Tanssi.