Kaiko Research: Monthly Market Report May 2021

OPNX, the bankruptcy claims exchange tied to the founders of defunct hedge fund Three Arrows Capital, has filed a defamation lawsuit against venture capitalist Mike Dudas, according to Three Arrows co-founder Kyle Davies and New York State court records.In a summons notice filed in early June, OPNX alleged Dudas published defamatory comments about the company…

The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing.The department published its 2024 "National Strategy for Combatting Terrorist and Other Illicit Financing" strategy on Thursday, outlining its priorities for taking on illicit financing. Treasury

Nov 25, 2020 at 7:41 p.m. UTC(Ewing Galloway/General Photographic Agency/Getty Images)Some Are Calling All-Time Highs for Bitcoin. Here’s Why CoinDesk Hasn’t YetIn a fragmented global market, price quotes are all over the place. That’s why CoinDesk created the Bitcoin Price Index (BPI). The current debate over what exactly is the all-time-high price of the leading…

markets Bitcoin (BTC) is still struggling to find the bottom of a bear market on the anniversary of its $20,000 all-time record price high. At press time, the world’s largest cryptocurrency by market capitalization was trading at $3,230 on Bitstamp – down 83.5 percent from the record high of $20,000 reached on Dec. 17, 2017.…

Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Decentralized finance (DeFi) project Origin Protocol said it would issue Origin Ether (OETH), an ether derivative that allows holders to earn yields generated from staking ether on other protocols.Origin…

Michael Terpin is suing AT&T, claiming the company's failure to protect his cell phone data lead to hackers stealing $24 million in cryptocurrencies.

Decentralized finance (DeFi) projects flourished in the summer of 2020, enriched by bull market-driven cascades of venture capital funding and reaching a high of $248.84 billion in total value locked by the following fall. Crypto winter set in less than two years later, however, the chill increased by a number of industry-rocking scandals and hacks.…

news Automaker Daimler has carried out its first transaction on the blockchain-based Marco Polo trade finance network. The pilot commercial trade transaction saw the firm – which owns Mercedes-Benz among other brands – process the data required to exchange payments with engineering firm and parts builder Dürr, according to a press release sent to CoinDesk on Wednesday.…

Grayscale, the investment firm behind popular bitcoin (BTC) and ether (ETH) exchange-traded funds, announced Wednesday to start offering two new crypto funds that invest in the native tokens of decentralized artificial intelligence (AI) project Bittensor Protocol (TAO) and layer-1 blockchain Sui (SUI). The Grayscale Bittensor Trust and Grayscale Sui Trust are single-asset funds only holding