Deal

Two of the year’s most chaotic token blowups — Movement Labs’ MOVE scandal and the collapse of Mantra’s OM — are sending shockwaves through crypto’s market-making businesses. In both cases, rapid price crashes revealed hidden actors, questionable …

It all started in 2019, when a relatively small software company called MicroStrategy (now known as Strategy) knocked on investment bank Jefferies’ door after being turned away by Wall Street giants. At the time, Michael Saylor’s firm had a market …

A financial deal was supposed to help launch the MOVE crypto token.Instead, it led to a token-dumping scandal, a Binance ban, and behind-the-scenes infighting. Contracts obtained by CoinDesk help explain where it all went wrong. Movement, the …

A financial deal was supposed to help launch the MOVE crypto token.Instead, it led to a token-dumping scandal, a Binance ban, and behind-the-scenes infighting. Contracts obtained by CoinDesk help explain where it all went wrong. Movement, the …

Ripple has agreed to acquire multi-asset prime brokerage firm Hidden Road for $1.25 billion, marking one of the largest M&A deals in the digital asset industry to date. CoinDesk reported that Hidden Road was in active takeover talks last week …

Plural Energy is already tokenizing renewable energy projects; it wants these assets to permeate through the crypto ecosystem.