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Crypto
AzukiDAO proposes to recover 20,000 ETH from Azuki founder ‘Zagabond’
A new decentralized autonomous organization (DAO) purportedly made up of a “dedicated group of Azuki enthusiasts” has launched a proposal to claw back 20,000 Ether (ETH) from…
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NEAR Foundation Partners With Alibaba Cloud to Accelerate Web3 Growth in Asia
The NEAR Foundation, the non-profit behind the ecosystem development of the NEAR protocol, is joining with Alibaba Cloud, the Chinese tech giant’s arm for computing and storage to…
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Do Kwon denies forging passport, blames ‘Chinese’ agency: Report
Terraform Labs founder Do Kwon told a Montenegro court that he wasn’t aware the passport he was traveling with was allegedly forged and instead pinned the blame on a Chinese-named…
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Open Interest in Binance’s BNB Token Futures Jumps to 5-Month High
The surge in open interest comes alongside a decline in price and signals an influx of bearish short positions in the market.
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Atomic Wallet says hack affected 1% of active users, but investors claim otherwise
A hack that drained $35 million from Atomic Wallet users since June 2 impacted less than 1% of its monthly active users, according to the company. In the aftermath of the attack,…
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Floki Attracts Chinese Speculators as Valhalla Game Targets Chinese Gaming Market
Starting June 1, Hong Kong will allow traders to invest in some tokens, such as bitcoin, ether and solana, on regulated exchanges in the country. Traders are not allowed to hold…
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Vitalik Buterin warns against overloading Ethereum consensus
Ethereum co-founder Vitalik Buterin has published a lengthy blog post warning of the dangers of “stretching” Ethereum's consensus past its core functions of validating blocks and…
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Jack Butcher Releases Checks Elements NFT Collection and Prints
"Elements are conceptually ... the first instance of decentralized consensus," Butcher told CoinDesk. "We're trying to play into the themes that Checks is trying to express about…
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Pepe’s sudden drop leaves whale 500k in the red
The price of new memecoin Pepe (PEPE) has plunged more than 42% only days after reaching its all-time high on May 6, leaving at least one investor with hundreds of thousands in…
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First Mover Asia: Bitcoin, Ether Open Asia’s Trading Week Flat
ALSO: Five CoinDesk journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead, most…
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