ArkotNews

Jobless claims beat expectations by an even wider margin than in the initial report, after a revision Thursday. Crypto investors largely ignored the change, although the increasing jobless figures bode well for the market.

MonkeDAO, a decentralized autonomous organization formed by owners of the Solana Monkey Business NFT project, will purchase all intellectual property rights to the collection from its current owner HadesDAO.

The FTT exchange token is up 17% on the news.

There’s value in crypto, especially layer 1 protocols, even if regulators and politicians don’t dig enough to see it.

The total locked value of assets on the platform has risen over 300% since the start of this year, DefiLlama data shows.

The DAOs native token, VITA, rose 3% on news the community was considering the proposal.

Washington’s “war on crypto” continues to occupy minds in the crypto industry. This week, CoinDesk Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge.

In a CoinDesk interview, Colin Brady, chief creative officer at AMGI Studios, talks about how Web3 and AI will change movie-making, and why big studios fail to adopt new technologies.

Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.

Hayes wants Maelstrom to outperform bitcoin and ether, which won’t be easy.