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Finance
Inside Movement’s Token-Dump Scandal: Secret Contracts, Shadow Advisers and Hidden Middlemen
Movement, backed by Trump's World Liberty Financial, says it was duped into an agreement that experts say incentivized price manipulation.
MoonPay Buys Crypto Payment Processor Helio for $175M
MoonPay's acquisition of Helio is reportedly valued at $175 million.
DeFi’s Path to Mass Adoption Goes Through Fintech Firms, Centralized Exchanges, Morpho Labs Chief Says
Paul Frambot, CEO of DeFi lending firm Morpho Labs, says fintechs, having relied on traditional finance rails until now, are all optimizing for layer-2 infrastructure.
Bitcoin ETFs Approved: The Industry Reacts
In a milestone for crypto adoption, the SEC today gave the green light to the trading of Bitcoin exchange-traded funds (ETFs). CoinDesk rounded up reaction from across the crypto industry to the news.
Ex-Meta Engineer’s Layer-1 Blockchain Linera Raises $6M in New Funding
The layer-1 blockchain’s initial seed funding round was led by a16z crypto and has now raised $12 million in total.
Crypto’s Path Forward Could Follow the Financial World's Departure From LIBOR
The financial services industry has a way of spawning innovation and growing from its crises.
Aave Should Block Curve Token Borrowing, Risk Management Firm Proposes
An ongoing crisis situation stemming from a large curve token collateral can be prevented by pausing all borrowing activity, Gauntlet argued in a Wednesday protocol.
3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
The nation's budget will be presented on June 8.
