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Are DAOs Doomed to ‘Decentralization Theater’?
8.6.2023
Consensus 2023 guests highlighted their concerns over 'decentralization theater' in DeFi projects, emphasizing the importance of genuine decentralization in the development of the Web3 ecosystem
Cut the Jargon, Keep Your Promises: How Crypto Can Fix Its Image Problem
8.6.2023
Consensus 2023 attendees argued that improving crypto's image requires a clearer explanation of digital assets and a focus on tangible, user-centric products and services
Aave-Developed Lens Protocol Raises $15M to Expand 'Social Layer' of Web3
8.6.2023
Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan and Polygon co-founder Sandeep Nailwal joined the round as angel investors
Banks Have Come to the Metaverse
8.6.2023
JPMorgan, HSBC and others have created metaverse-native banking experiences, hoping to entice a new generation of clients
Jack Dorsey-backed Nostr Creator Collaborates With Zebedee on New Social Media Layer
8.6.2023
Zebedee users will be able to join a waitlist for alpha access to an updated version of the app which will feature integration with decentralized social media protocol Nostr (an acronym for “notes and other stuff transmitted by relays”)
ConsenSys’ MetaMask Institutional Integrates With Custody Tech Provider Fireblocks
8.6.2023
The partnership, scheduled to go live June 12, will offer greater DeFi and Web3 Access to builder and institutional investors
Crypto.com Integrates With CoinRoutes Smart-Order Routing System
8.6.2023
The integration is part of CoinRoutes’ bid to expand liquidity access for its clients
Polygon Spinoff Avail Network Starts Phase 2 of Its Testnet
8.6.2023
This second phase will include a more thorough testing environment to encourage validator participation
Australia's Commonwealth Bank Will Partially Restrict Payments to Crypto Exchanges
8.6.2023
The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours
U.S. Senators Tell DOJ to Investigate Binance for Potentially Lying to Lawmakers: Bloomberg
8.6.2023
Two senate democrats, including Sen. Elizabeth Warren, allege in a letter that the platform may have lied about Binance.US being an independent entity
First Mover Americas: SEC-Targeted Tokens Tumble
8.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
DeFi Protocol Curve Finance Now Lets Users Mint crvUSD for Staked Ether
8.6.2023
The governance proposal for the crvUSD minting was passed early on Thursday
Digital Art Collective Wildxyz Introduces Curatorial Board to Grow Experiential Art Program
8.6.2023
The 10 artists, including Deafbeef, Casey Reas and Harm van den Dorpel, will advise the platform’s artist residency program
Crypto ads face stricter rules including a referral bonus ban by FCA
8.6.2023
Crypto services in the U.K. will face stricter regulations, including a "cooling-off period" for first-time investors and a ban on "refer a friend" bonuses
Bitcoin Traders Shrug Off U.S. SEC's Action Against Binance, Coinbase
8.6.2023
Implied volatility metrics show no signs of panic after the SEC's filed lawsuits against the two cryptocurrency exchanges
Social Media Targeted in EU Consumer Group Complaint About Crypto Ads
8.6.2023
BEUC wants Instagram, YouTube, TikTok and Twitter to prohibit influencers from promoting crypto
Crypto Exchange Bittrex’s Customer-Repayment Plan Faces U.S. Government Objection
8.6.2023
If successful, it wouldn’t be the first time the state has scuppered a crypto bankruptcy proposal
DeFi Unfazed by SEC's Classification of Tokens as Securities
8.6.2023
These forces will likely only drive “more financial activity to DeFi,” one trader said
UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services
8.6.2023
While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling
Stablecoin Regulation Is a Sticking Point Between the G-7 and G-20
8.6.2023
Global leaders appear to have reached a consensus on setting up universal rules and standards for most aspects of the crypto sector save for the treatment of stablecoins