The company raised $4.2 million in seed round, led by ElectricCapital.

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. .

Representatives for the seven advanced economies signaled a commitment to following norms set by standard-setters FSB and IMF on crypto and central bank digital currencies.

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.

The litigation supporting claims against its commercial counterparties is set to make a difference “in excess of $1 billion” to creditors, court filings say.

Lawmaker Kim Nam-kuk resigned from the opposition party after his crypto transfers incited controversy.

In Q1 2023, the bitcoin miner’s net loss per share narrowed to 1 cent, from 8 cents the previous quarter.

The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.

The latest price moves in bitcoin (BTC) and crypto markets in context for May 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto

Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.