The firm says El Salvador will serve as its base for operations in Latin America. Source: https://www.coindesk.com/tech/2023/05/15/bitcoin-rewards-company-fold-expands-to-el-salvador-brushing-off-jump-in-on-chain-fees/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The company raised $4.2 million in seed round, led by ElectricCapital. Source: https://www.coindesk.com/business/2023/05/15/crypto-startup-backed-by-electric-capital-starts-unique-marketplace-to-trade-locked-up-defi-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/business/2023/05/15/bitcoin-has-a-real-problem-in-us-paul-tudor-jones/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The litigation supporting claims against its commercial counterparties is set to make a difference “in excess of $1 billion” to creditors, court filings say. Source: https://www.coindesk.com/policy/2023/05/15/blockfi-claims-against-ftx-alameda-largest-driver-of-more-than-1b-in-asset-recoveries-firm-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Lawmaker Kim Nam-kuk resigned from the opposition party after his crypto transfers incited controversy. Source: https://www.coindesk.com/policy/2023/05/15/south-korea-probes-crypto-exchanges-upbit-bithumb-on-ex-lawmakers-transfers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July. Source: https://www.coindesk.com/business/2023/05/15/bankrupt-crypto-lender-celsius-transfers-75m-of-ether-to-staking-service-figment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Users will be able to trade options tied to coins like LDO, PEPE, SUI, ARB, LTC, APT, and others, which was previously possible only through an over-the-counter desk. . …

A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC. Source: https://www.coindesk.com/policy/2023/05/15/sec-seeks-to-slash-22m-fine-on-crypto-firm-lbry-to-111k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Demand for staking ether has surged, resulting in wait times of over a month for a 5% annualized yield as of Monday. Source: https://www.coindesk.com/tech/2023/05/15/ether-holders-embrace-near-month-long-wait-for-staking-eth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The upgrade is set to go live on mainnet at noon UTC on Monday. Source: https://www.coindesk.com/tech/2023/05/15/bitcoin-cash-prices-bump-ahead-of-cashtokens-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines