Lolli, a leading bitcoin and cashback rewards platform, has announced the successful closure of an $8 million Series B funding round today, according to a press release sent to Bitcoin Magazine. The investment was led by BITKRAFT Ventures, alongside notable contributions from Sfermion, Ulta Beauty’s Prisma Ventures, Hypersphere Ventures, Rahul Pagidipati, 2 Punks Capital, MZ … Read more
Polygon Labs, a developer of scaling networks for Ethereum, has shifted toward “Polygon CDK,” a blockchain-development kit powered by zero-knowledge cryptography. The older “Polygon Edge” was used by Dogechain, in an unofficial effort to build a Dogecoin-oriented smart-contracts network.
Investors moved the highest amount of BTC to exchanges since March, IntoTheBlock noted, signaling profit-taking after bitcoin’s first eight-week streak of gains since 2017.
The SEC rejected Coinbase’s petition for crypto rulemaking, marking yet another refusal to provide regulatory clarity for an industry that badly wants it.
The Presidential and Vice Presidential Election and Recall Act specifically prohibits gambling on elections.
The layer-2 blockchain stopped working as intended Friday morning.
U.S. crypto exchange Coinbase’s petition to the Securities and Exchange Commission (SEC) to prod it toward a system of tailored rules for digital assets was rejected by the regulator on Friday.
Stablecoins’ widespread usage and frequent instability could lower the effectiveness of central bank monetary policies, Rhee Chang-yong said.
FTX’s SOL holdings are worth over $4.2 billion in today’s money, up from $1.16 billion from earlier this year.
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.