The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
Former president and Republican front-runner Donald Trump has said Bitcoin has taken a life on its own and will probably need some regulation. Source
Regulator issues enforcement notices ordering Serco Leisure and community leisure trusts to stop using FRT and fingerprint scanning to monitor workers’ attendance Employees are not offered a clear alternative to having their faces and fingerprints scanned to clock in and out of the workplace Warning comes as the ICO today publishes new guidance for organisations on processing biometric data lawfully The Information Commissioner’s Office (ICO) has ordered public service provider Serco Leisure, Serco Jersey and seven associated community leisure trusts to stop using facial recognition technology (FRT) and fingerprint scanning…
As of Friday, PancakeSwap is available on BNB Chain, Ethereum, Aptos, Polygon zkEVM, Linea, zkSync Era, Base, Arbitrum One and opBNB. It has amassed $640 billion in lifetime trading volumes since its 2020 release and has over $1.5 billion in total liquidity locked. Source
Interest in ether bets rose significantly after the approval of spot bitcoin ETFs in January sparked optimism among ETH traders. Source
Injective has partenred with DEX DojoSwap to introduce the CW-404 standard. Source
In January 2024, the FTX estate said it expects to fully repay its customers. Sam Bankman-Fried, the former FTX boss, is due to be sentenced next month after being found guilty of fraud last year, with his prison duration expected to be hotly contested. Source
Shares of Block (NASDAQ: SQ) are up 13% in after-hours trading to $76, data shows. Overall, Block reported its gross profit grew 22% yearly to $2.03 billion. Square generated a gross profit of $828 million, up 18% year over year, and Cash App generated a gross profit of $1.18 billion, up 25% year over year. Source
“The SEC does not allege fraud. The SEC does not allege consumer harm. The SEC’s sole claims are that Kraken has somehow operated in plain sight for almost a decade as an unregistered securities exchange, broker-dealer, and clearing agency, in violation of the Exchange Act,” the motion said. Source
“Under the new unlock plan, 580 million tokens held by early contributors and investors will be unlocked by the end of 2024, as opposed to 2 billion of those tokens under the previous schedule,” according to StarkWare. “1.4 billion additional tokens will be gradually unlocked by the end of 2025, another 1.5 billion will be unlocked by the end of 2026 and 380 million will be unlocked by March 15, 2027.” Source