Day: November 30, 2023

Crypto startup MoonPay has named former Coinbase and Andreessen Horowitz (a16z) executive Mike Lempres to its board of directors as regulatory scrutiny intensifies in the United States. Lempres has joined MoonPay USA LLC’s board, a wholly owned subsidiary of MoonPay’s parent company MoonPay Inc., the company said Thursday. Lempres was previously Coinbase’s chief policy officer…

The open interest in bitcoin long futures held by asset managers on the Chicago Mercantile Exchange (CME), has reached an all-time high. Open interest of CME bitcoin long futures by asset managers increased from $1.04 billion at the end of October, to a current value of $1.98 billion, according to The Block’s Data Dashboard. The…