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Latest headlines from Coindesk.

Hyperion Decimus' Newest Fund to Leverage CoinDesk Indices' Bitcoin and Ether Trend Indicators

Aimed at institutional investors, the systematic-based fund will seek to profit off uptrends in crypto markets while sidestepping the downtrends.

https://www.coindesk.com/business/2024/05/15/hyperion-decimus-newest-fund-to-leverage-coindesk-indices-bitcoin-and-ether-trend-indicators/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Bitcoin Approaches $63K Ahead of U.S. CPI Data

The latest price moves in bitcoin (BTC) and crypto markets in context for May 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/05/15/first-mover-americas-bitcoin-approaches-63k-ahead-of-us-cpi-data/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Hovers at $62K While Pepe Hits Record High as GameStop Extends Rally

Dog-themed floki (FLOKI) zoomed 12%, the highest among the top 50 tokens by market capitalization, while pepe (PEPE) jumped 5% to a new lifetime peak.

https://www.coindesk.com/markets/2024/05/15/bitcoin-hovers-at-62k-while-pepe-hits-record-high-as-gamestop-extends-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stablecoin Issuer Circle Files to Shift Legal Home to U.S. From Ireland Ahead of Planned IPO: Bloomberg

Circle recently filed court paperwork to make the move, according to a company spokesperson.

https://www.coindesk.com/business/2024/05/15/stablecoin-issuer-circle-files-to-shift-legal-home-to-us-from-ireland-ahead-of-planned-ipo-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord

The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report sa...

https://www.coindesk.com/markets/2024/05/15/galaxy-digital-has-strong-momentum-across-all-business-lines-canaccord/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sonne Finance Token Drops 60% After $20M Exploit on Optimism

Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.

https://www.coindesk.com/tech/2024/05/15/sonne-finance-token-drops-60-after-20m-exploit-on-optimism/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin DeFi Tool Alex Lab Loses $4.3M in Hack, Offers 10% Bounty for Stolen Funds

The ALEX team proposed a 10% bounty on the total stolen funds in exchange for the return of 90% of assets.

https://www.coindesk.com/business/2024/05/15/bitcoin-defi-tool-alex-lab-loses-43m-in-hack-offers-10-bounty-for-stolen-funds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto's Election Season Is Kicking Off

The U.S. is holding its presidential election this fall. More than half a dozen other countries and bodies are likewise holding – or have held – elections this year. Some candidates and lawmakers have...

https://www.coindesk.com/policy/2024/05/15/cryptos-election-season-is-kicking-off/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Former FTX Exec Ryan Salame Asks for Lenient 18 Months in Prison

Attorneys for former FTX executive Ryan Salame are asking for 18 months in prison, citing his cooperation with authorities and remorse.

https://www.coindesk.com/policy/2024/05/15/former-ftx-exec-ryan-salame-asks-for-lenient-18-months-in-prison/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form

The popularity of new blockchain “restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of...

https://www.coindesk.com/tech/2024/05/14/lido-co-founders-paradigm-secretly-back-eigenlayer-competitor-as-defi-battle-lines-form/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Insider at Solana's Cypher Protocol Admits to Stealing $300K

Core contributor Hoak blamed his actions on a "crippling gambling addiction."

https://www.coindesk.com/business/2024/05/14/insider-at-solanas-cypher-protocol-admits-to-stealing-300k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Irthu Suresh: Using Blockchain Tech to Reduce Water Shortages

The founder of the Atlantis water exchange is a speaker at this year’s Consensus festival in Austin, Texas, May 29-31.

https://www.coindesk.com/consensus-magazine/2024/05/14/irthu-suresh-using-blockchain-tech-to-reduce-water-shortages/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Vitalik Buterin's Ethereum Wallet Proposal, Scribbled in 22 Minutes, Gets Positive Reviews

After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative.

https://www.coindesk.com/tech/2024/05/14/vitalik-buterins-ethereum-wallet-proposal-scribbled-in-22-minutes-gets-positive-reviews/?utm_medium=referral&utm_source=rss&utm_campaign=headlines