Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin’s nascent DeFi scene Source: https://www.coindesk.com/business/2024/02/01/crypto-startup-velar-plans-perpetual-swaps-exchange-for-bitcoin-defi-after-raising-35m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin and crypto markets in context for Feb. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto …

The bank released a cryptocurrency custody platform in November. Source: https://www.coindesk.com/business/2024/02/01/germany-banking-giant-dz-to-pilot-crypto-trading-this-year-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The plaintiffs, who are also suing Iran and Syria, say the crypto exchange facilitated the financing of Hamas and other terrorist groups between 2017 and 2023. Source: https://www.coindesk.com/policy/2024/02/01/binance-sued-by-families-of-hamas-victims-hostages/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The optimum allocation is up from 0.5% in 2015 and 6.2% in 2022. Source: https://www.coindesk.com/markets/2024/02/01/ark-invest-says-optimal-bitcoin-portfolio-allocation-for-2023-was-194/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ben Armstrong, the brash crypto influencer whose precipitous rise as the “Bitboy” vlogger came crashing down under corporate and personal scandal, is stopping his daily livestream after three years. …

Bitcoin dipped to $42,300, while crypto majors ETH, ADA, DOT fell 3%-4% with Solana’s SOL tumbling over 6%. Source: https://www.coindesk.com/markets/2024/01/31/bitcoin-dips-to-424k-as-feds-powell-pours-cold-water-on-march-rate-cut/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

In this week’s issue of The Protocol newsletter, our Sam Kessler writes about the “private mempools” that Ethereum users are increasingly relying on to avoid front-running MEV bots. PLUS: …

Craig Wright has repeatedly litigated anyone questioning his claim to be Satoshi, harming numerous people in crypto in the process. The Crypto Open Patent Alliance aims to put a …

Validators called the airdrop a success. “Surprisingly, nothing notable” broke, one operator said. Source: https://www.coindesk.com/markets/2024/01/31/jupiters-jup-token-soars-after-massive-700m-airdrop-to-solana-wallets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines