Ethereum-Based Protocol Alkimiya Creates Market for Hedging Bitcoin Fees
One question is whether the protocol can pull in loyal bitcoin users – or if it will eventually end up on an Ethereum-compatible layer-2 network atop Bitcoin.
Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton
Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.
Solana Sees Arrival of Nomura, Brevan Howard-Affiliated Tokenization Firm Libre
Libre is unveiling a new tokenized offering, the blockchain-based Hamilton Lane SCOPE senior credit fund, which will be available on Solana and Ethereum-compatible chains.
Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity
Layer-2 transactions have increased 20% since the Dencun upgrade in March, and that success could be a positive sign for the future of the network, the report said.
Kamala Harris Memecoin Sets New Highs as Her Nominee Odds Surge to 90%
Harris has been endorsed by incumbent Joe Biden for the upcoming U.S. presidential elections, and some traders are betting on her ascent with meme tokens and prediction markets.
Avail, Long-Awaited 'Data Availability' Blockchain Project, Launches Main Network
The project, spun out of Polygon in 2023, has raised $75 million of funding and claims unique technologies as a provider of "data availability," or DA – the speciality of storing reams of transactional data produced by Ethereum layer-2 networks.
The primary demand from India's crypto industry was to reduce the controversial tax-deducted-at-source (TDS) policy on crypto transactions from 1% to 0.01%
BlockFi Administrator Submits Plan in Court to Make Customers Whole
"This transaction marks a final chapter in the wind-down and is the best possible outcome for customers of BlockFi," said Mohsin Y. Meghji, Plan Administrator of BlockFi Inc.
U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate
The U.S. House of Representatives has approved another piece of cryptocurrency legislation with a routine voice vote, though the bill to set up a government working group to assess how to keep bad actors from using digital assets isn't likely to…
Taking off: Rewarding Flight Trackers in the Age of Web3
Flight tracking enthusiasts provide crucial data to the aviation industry, receiving nothing in return. Wingbits plans to change this with an innovative DePIN-based approach, explains Alex Lungu, co-founder of Wingbits.
Taking Profits on Bitcoin Ahead of Trump Conference Appearance Could Be 'Expensive Exercise': Analyst
Traders could be forgiven for wanting to cash in after bitcoin's {{BTC}} quick rise of more than 20% to the current $67,000 from its early July lows, but another possibly major positive catalyst might be just days away, said 10x Research founder…
First Mover Americas: Bitcoin Settles Above $67K After Biden Drops Out
The latest price moves in bitcoin (BTC) and crypto markets in context for July 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Solana ETF Hopes, Rising Fundamentals Are Driving SOL Prices Higher, Traders Say
The total value of tokens locked on Solana has increased over 25% in a month, crossing the $5.28 billion mark to levels not seen since April 2022, data tracked by DefiLlama show.
India Unlikely to See Crypto Tax Reduction in Tuesday's Budget
India is unlikely to introduce any changes to its controversial tax-deducted-at-source (TDS) policy on Tuesday when Finance Minister Nirmala Sitharaman reveals her budget for 2024-2025, experts predicted.
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