DeFi Cover Provider Nexus Mutual Backs New Crypto Insurance Broker Native

Nexus Mutual is also behind a new insurance alternative on Coinbase’s L2 network called Base DeFi Pass.
Here Are 3 Reasons Why Bitcoin Open Interest Set Record Highs as BTC Price Surge to $71K

U.S. listed spot ETF inflows continue to break records, as CME open interest spikes in the past 24 hours.
Stacks, Prominent Bitcoin Layer-2 Project, Activates Long-Awaited ‘Nakamoto’ Upgrade
First Mover Americas: BTC Jumps Above $71K, DOGE Leads Market Surge

The latest price moves in bitcoin (BTC) and crypto markets in context for MONTH XX, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Binance Unveils ‘Binance Wealth’ for Elite Customers

The service is offered through the global Binance.com platform meaning there are restrictions for some jurisdictions, such as the U.S.
CoinDesk 20 Performance Update: APT Surges 10.9% as All Index Constituents Trade Higher

NEAR Protocol also joined Aptos as a top performer, gaining 5.8%.
Kraken Picked Optimism’s ‘Superchain’ After Getting a Pile of OP Tokens
Crypto exchange Kraken announced last week that it will build a layer-2 network atop Optimism’s OP Stack blockchain framework. CoinDesk is first to report that the deal was reached early this year, involving a grant of 25 million OP tokens, at the time worth roughly $100 million.
Consensys Cuts 20% Workforce, Blames SEC’s ‘Abuse Of Power’

“Multiple cases with the SEC, including ours, represent meaningful jobs and productive investment lost due to the SEC’s abuse of power and Congress’s inability to rectify the problem,” founder and CEO Joe Lubin said in a blog post.
Privacy as a Fundamental Human Right

What role do privacy tools play in crypto, and how does this discussion develop? Those were some of the questions at a panel I moderated last week at the DC Privacy Summit.
Crypto Stocks MicroStrategy, Coinbase and Marathon Post Just Modest Gains as Bitcoin Eyes Record High

A notable outperformer was bitcoin miner Bitfarms, which nominated a new board member amid its proxy battle with Riot Platforms.
