Juliano will become chairman and president of dYdX Trading.

On-chain transactions leading up to the return suggest this wasn’t a white hat hacker but a malicious actor who intended to steal the funds before investigators got involved.

The SoftBank-owned research and development firm Arm said it will develop its own artificial intelligence chips as its owner reports profits after shifting focus to AI.

Aave has reduced its loan-to-value requirements for DAI after MakerDAO’s stablecoin gained indirect exposure to Ethena’s USDe.

Crypto payment firm MoonPay is among the first crypto advocates to support Coinbase-initiated pro-crypto PAC related to the upcoming U.S. election.

Lower cost miners have increased market share since the bitcoin halving event, the report said.

The latest price moves in bitcoin (BTC) and crypto markets in context for May 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Stocks related to Keith Gill surged while opportunistic developers issued scores of meme coins on various blockchains to capitalize on the hype.

Tether has highlighted its compliance efforts after Ripple’s CEO said the U.S. government has its sights set on USDT.

Blockdaemon gets the go-ahead for further expansion in the UAE with a new office in Abu Dhabi to boost web3 growth and push for institutional-grade adoption.

Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million.

Singapore-based Liminal won approval to operate as a regulated custodian, another sign of its expanding footprint in the APAC and MENA regions.