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Latest headlines from Coindesk.

Crypto Sleuth Ogle Proposes Security-Centric 'Glue' Blockchain

The upcoming layer-1 takes a hands-on approach to ensuring project security.

https://www.coindesk.com/business/2024/05/21/crypto-sleuth-ogle-proposes-security-centric-glue-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Derivatives DEX Aevo's Token Jumps 10% as Binance Labs Discloses Investment

AEVO hit $0.9, its highest price since mid-May. Even so, it's still nearly 70% below where it started trading in March at around $3.

https://www.coindesk.com/markets/2024/05/21/crypto-derivatives-dex-aevos-token-jumps-10-as-binance-labs-discloses-investment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Filip Wielanier: 'Web3 Marketing Is a Win-Win'

Cookie3’s co-founder and CEO explains how Web3 marketing can create a shared economy of users, creators and businesses.

https://www.coindesk.com/consensus-magazine/2024/05/21/filip-wielanier-web3-marketing-is-a-win-win/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

How Bitcoin ETFs Are Changing the Risk-Reward Ratio for Institutional Investors

By approving bitcoin as an underlying product within the ETF space, the SEC has reduced risk at the base level of the asset, BitGo's Steve Scott writes. The only question is now will they invest?

https://www.coindesk.com/opinion/2024/05/21/how-bitcoin-etfs-are-changing-the-risk-reward-ratio-for-institutional-investors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Web3 Marketing Startup Spindl Launches On-Chain Ad Network

Crypto wallet activity is a better way to find sales prospects than "weird, sketchy Web2 data," says Spindl CEO (and Facebook vet) Antonio Garcia Martinez.

https://www.coindesk.com/business/2024/05/21/web3-marketing-startup-spindl-launches-on-chain-ad-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Bitcoin Hits $71K as Ether ETF Hopes Build

The latest price moves in bitcoin (BTC) and crypto markets in context for May 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/05/21/first-mover-americas-bitcoin-hits-71k-as-ether-etf-hopes-build/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Fidelity Drops Staking Plans in Updated Ether ETF Filing

Annualized yields on ether staking are nearly 3% as of Tuesday, data from popular staking service Lido shows.

https://www.coindesk.com/business/2024/05/21/fidelity-drops-staking-plans-in-updated-ether-etf-filing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare

Hex Trust Group has issued USDX, the first native stablecoin on layer-1 blockchain Flare, according to a press release.

https://www.coindesk.com/business/2024/05/21/hex-trust-issues-first-native-stablecoin-on-layer-1-blockchain-flare/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

MOG, PEPE Rocket as Traders Search for Ether Beta Bets

Meme coins have been increasingly seen as a way to bet on the growth of the underlying network they are issued on.

https://www.coindesk.com/markets/2024/05/21/mog-pepe-rocket-as-traders-search-for-ether-beta-bets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether ETF Hopes Drive Futures Open Interest to Record $14B

The notional open interest, or the dollar value locked in the number of active ether futures contracts, surged by 25% in a single day.

https://www.coindesk.com/markets/2024/05/21/ether-etf-hopes-drive-futures-open-interest-to-record-14b/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations

Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.

https://www.coindesk.com/markets/2024/05/21/bitcoin-surges-over-71k-as-ether-etf-hopes-lead-to-260m-in-short-liquidations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether (ETH) Surges 17%, Polymarket Approval Chances Rocket, as ETF Makes Regulatory Progress

The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed.

https://www.coindesk.com/markets/2024/05/21/ether-eth-surges-17-polymarket-approval-chances-rocket-as-etf-makes-regulatory-progress/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Democrat House Leadership Says Crypto Bill Vote Won't Be Whipped

Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped vote

https://www.coindesk.com/policy/2024/05/21/democrat-house-leadership-says-crypto-bill-vote-wont-be-whipped/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

NYAG Takes Victory Lap as Court Approves Genesis Settlement

NYAG says the settlement will establish a fund for New Yorkers who invested more than $1.1 billion in Genesis through the Gemini Earn program and blocks Genesis from operating in the state.

https://www.coindesk.com/policy/2024/05/21/nyag-takes-victory-lap-as-court-approves-genesis-settlement/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Alleged Owner of Darknet Narcotics Bazaar ‘Incognito Market’ Arrested in New York

U.S. authorities have arrested and charged a Taiwanese national with operating darknet drug bazaar Incognito Market, which he allegedly used to facilitate over $100 million in crypto-denominated sales...

https://www.coindesk.com/policy/2024/05/20/alleged-owner-of-darknet-narcotics-bazaar-incognito-market-arrested-in-new-york/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether Jumps 10% to $3.4K After Bloomberg Ups Odds of Spot ETF Approval

Markets previously had mostly priced in SEC rejections of the proposed funds beginning this week.

https://www.coindesk.com/markets/2024/05/20/ether-jumps-10-to-34k-after-bloomberg-ups-odds-of-spot-etf-approval/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

This Is (Hopefully) the Last CoinDesk Article to Mention Craig Wright

He "is not nearly as clever as he thinks he is," says a U.K. Judge reviewing the Australian computer scientist’s many questionable legal maneuvers.

https://www.coindesk.com/opinion/2024/05/20/this-is-hopefully-the-last-coindesk-article-to-mention-craig-wright/?utm_medium=referral&utm_source=rss&utm_campaign=headlines