Sports Illustrated’s ticketing marketplace SI Tickets has developed “Box Office” in partnership with Ethereum software company ConsenSys. Source: https://www.coindesk.com/web3/2023/05/02/sports-illustrated-launches-nft-ticketing-platform-on-polygon/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The crypto conglomerate also paid off a $350 million senior secured term loan, which was issued by a lender syndicate led by Eldridge. Source: https://www.coindesk.com/business/2023/05/02/digital-currency-group-cfo-michael-kraines-stepped-down-in-april/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase International Exchange will offer trading of perpetual futures for bitcoin and ether. Source: https://www.coindesk.com/business/2023/05/02/coinbase-opens-offshore-crypto-derivatives-exchange/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Prior to the announcement, Bullish had only logged $200 billion in trading volume since its launch in November 2021. Source: https://www.coindesk.com/business/2023/05/02/institution-focused-crypto-exchange-bullish-partners-with-market-maker-b2c2-in-liquidity-drive/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Revolut is making its first foray into Latin America, attempting to tap into Brazil’s growing demand for crypto assets. Source: https://www.coindesk.com/business/2023/05/02/digital-bank-revolut-now-offering-crypto-investments-in-brazil/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The action by the Virtual Assets Regulation Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange. Source: https://www.coindesk.com/policy/2023/05/02/3ac-founders-opnx-exchange-formally-reprimanded-by-dubai-crypto-regulator/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The BRC-20 standard sounds like the popular ERC-20, but the two are different, with the former lacking the ability to interact with smart contracts. Source: https://www.coindesk.com/markets/2023/05/02/bitcoin-request-for-comment-tokens-surge-to-137m-in-market-value/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

PLUS: Western crypto innovators with great ideas are eying the East for tech-embracing governments and fresh opportunities. A West-East partnership may be crypto’s model for the future, the co-founder …

BTC’s price had dropped from well above $29,000 since Sunday evening. Investors await Wednesday’s FOMC decision. Source: https://www.coindesk.com/markets/2023/05/01/bitcoin-drops-below-28k-jpmorgan-takes-over-embattled-first-republic-bank/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Amid BTC’s big rally, the company’s impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter. Source: https://www.coindesk.com/business/2023/05/01/michael-saylors-microstrategy-books-a-much-smaller-bitcoin-impairment-charge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines