Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling (PoSP),” aimed at addressing challenges with trust in decentralized …

Canadian regulators hit Binance with a C$6 million ($4.3 million) fine on Tuesday, alleging the crypto exchange committed two separate “administrative violations” of the country’s financial regulations. Source: https://www.coindesk.com/policy/2024/05/09/binance-fined-43m-by-canadian-financial-regulator-for-administrative-violations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

AgriDex brings agricultural commodities onto the blockchain by allowing crops to be bought on its marketplace with finalized deals backed by non-fungible tokens (NFTs). Source: https://www.coindesk.com/business/2024/05/09/solana-based-marketplace-agridex-raises-5m-to-tokenize-agricultural-industry/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto lender Ledn processed more than $690 million in loans during the first quarter, its most successful quarter since the firm’s inception in 2018. Source: https://www.coindesk.com/business/2024/05/09/ledn-first-quarter-loans-top-690m-as-lending-market-snaps-back/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for May 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

A Binance team found that “VIP” clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal …

The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said. Source: https://www.coindesk.com/markets/2024/05/09/robinhood-delivers-big-earnings-beat-driven-by-booming-crypto-trading-analysts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The index contains a variety of dog-themed coins and other popular meme tokens. Source: https://www.coindesk.com/markets/2024/05/09/vanecks-marketvector-starts-index-to-track-the-largest-meme-coins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin, the leading cryptocurrency by market value, fell by nearly 15% in April, ending a seven-month winning streak. Source: https://www.coindesk.com/markets/2024/05/09/crypto-monthly-trading-volume-drops-for-first-time-in-seven-months-to-658t/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

tk Source: https://www.coindesk.com/markets/2024/05/09/boden-memecoin-surges-after-trump-quips-about-it/?utm_medium=referral&utm_source=rss&utm_campaign=headlines