Author: Coindesk

1Konto Inc. (United States, Open Payment and Exchange Systems)Bloqcube Inc (United States, Web3 and Blockchain Infrastructure)ChainPatrol (United States, Web3 and Blockchain Infrastructure)Cod3x presented by Conclave (United States, Web3 and Blockchain Infrastructure)Codex Labs LLC (United States, Open Payment and Exchange Systems)Coinplus (United States, Web3 and Blockchain Infrastructure)Contented (United Kingdom, Creator Economy | NFTs)Drip Rewards (United States, Creator Economy | NFTs)EQBR (South Korea, Open Payment and Exchange Systems)ETHGas (Hong Kong, Web3 and Blockchain Infrastructure)EthosX (India, Web3 and Blockchain Infrastructure)Evil Genius Games (United States, Creator Economy | NFTs)FailSafe (Singapore, Web3 and Blockchain Infrastructure)FLUIDEFI (Canada, Web3 and Blockchain Infrastructure)GoMeat Services Inc (United States, Open…

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Years before anyone used the term “Web3,” Novaes hatched a project that rewarded users for doing everyday tasks, like watching videos or reading the news: Mode Mobile. People liked it. Using a custom smartphone, the “EarnOS” lets you stream music and get paid for it, hence the tagline “turning smartphones into earnphones.” Mode Mobile was named as Deloitte’s #1 fastest growing software company, has over 10 million downloads on the Google Play store, and claims to have helped users earn and save over $250 million. More importantly, the model lets brands reach consumers directly… without forking over rent to Google…

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Bitcoin (BTC) and ether (ETH) were little changed, suggesting a consolidation after last week’s rally. BTC traded at around $67,000 while ETH held steady about $3,100. The wider digital asset market as measured by the CoinDesk 20 Index (CD20) has added 0.3% in the last 24 hours. This week, attention will turn to the SEC’s decision on the approval of ether exchange-traded funds (ETFs), with the deadline for a response to VanEck’s and Ark/21 Shares’ applications due on May 23 and May 24, respectively. Traders may be keeping their powder dry until then. Read the full article here

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…

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“Even if the first deadline of May 23, 2024 encounters a rejection, we think there is a high likelihood that litigation could reverse that decision,” the note said. “In the interim, we believe the structural demand drivers for ETH as well as the technological innovations within its ecosystem will enable it to continue straddling across multiple narratives.” Read the full article here

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“Bitcoin was pulling back towards $65K on Thursday but is already trying to regain its footing above $66K on Friday morning. If cryptocurrencies get support from the global risk appetite on Friday, Bitcoin could exceed $70K over the weekend,” shared Alex Kuptsikevich, FxPro senior market analyst, in a note to CoinDesk, referring to increased inflows from spot ETFs. Read the full article here

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