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Worldcoin, Sam Altman's Crypto Project, Is Building a Layer-2 Chain

[Apr 17, 2024 9:00 AM] The human-focused blockchain network will be based on the OP Stack, a framework for building Ethereum-based layer-2 chains.

P2 Ventures Commits $50M Via Hadron FC to Startup Founders in Polygon Ecosystem

[Apr 17, 2024 5:00 AM] P2 was spun out out of Polygon Labs last year and now is allocating funds and mentorship to support project founders, including those focused on the Polygon blockchain ecosystem. A Hadron FC contributor said the community offered the right "capital…

Runes, Casey Rodarmor's Protocol for 'Sh!tcoins' on Bitcoin, Set to Go Live at Halving

[Apr 17, 2024 12:00 AM] Rodarmor created last year's breakout Ordinals protocol, which is used to create non-fungible tokens (NFTs) on Bitcoin. Now, he says the relevance of protocols like his new Runes, used to create fungible tokens, is set to grow.

OG Bitcoin L2 Stacks Is Getting a Major Overhaul

[Apr 16, 2024 7:34 AM] The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021.

Solana DEX Drift to Airdrop 100M Tokens in Weeks

[Apr 16, 2024 5:52 AM] Some surprise winners in Drift's road to decentralization include MetaDAO.

Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital

[Apr 16, 2024 4:00 AM] The fresh round of capital will be used to help launch Puffer’s mainnet.

Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public Mainnet

[Apr 15, 2024 8:00 PM] The news about X Layer comes as other major cryptocurrency exchanges, like Coinbase and Kraken, have also pursued their own layer 2 networks over the last year.

Solana Rolls Out Update to Tackle Network Congestion

[Apr 15, 2024 1:48 AM] A meme coin trading frenzy and a rapid spike in users has stressed the network in recent months.

Bitcoin Halving Has Crypto Miners Racing for 'Epic Sat' Potentially Worth Millions

[Apr 15, 2024 1:00 AM] Bitcoin's once-every-four-years "halving" this week may be very different from those of earlier epochs, typically ho-hum affairs. Now, an intense competition is underway to mine the first block after the halving, which could contain a rare and…

Avail, Blockchain Data Availability Project, Sketches Out Eligibility for Token Airdrop

[Apr 12, 2024 12:24 PM] A screenshot of a document describing the eligibility criteria for the airdrop was posted on the social-media platform X by the user @Bitcoineo, and Avail’s public-relations team flagged the to tweet to CoinDesk, describing it as a "leak."

Ether.Fi Inks $500M Restaking Deal With RedStone Oracles

[Apr 12, 2024 2:00 AM] Under its deal with RedStone, Ether.Fi will dedicate $500 million to help secure RedStone's data oracles, which are used to pass information between blockchains and the outside world.

Ethereum's Next Upgrade, 'Pectra,' Could Include Relief for Institutional Stakers, Wallet UX Improvements

[Apr 11, 2024 12:07 PM] Developers' aim with Pectra is to make some minor code changes while simultaneously working on a bigger code change, Verkle trees, for the following upgrade.

Protocol Village: Tate Berenbaum Launches 'AO Ventures,' With $35M for Arweave Development

[Apr 11, 2024 10:21 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 11-17.

Chainlink Aims to Make Transfers Across Blockchains Safer with New Bridge App 'Transporter'

[Apr 11, 2024 10:00 AM] The bridge leverages Chainlink's CCIP tech, and allows users to transfer crypto assets across multiple blockchains, starting with Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX.

MarginFi Leader Resigns on Fiery Day for Major Solana Lender

[Apr 10, 2024 10:37 PM] "The main problem was our lack of organizational execution," MarginFi's longtime leader Edgar Pavlovsky told CoinDesk.

The Protocol: How to Engineer Harder Money, or Just Make Your Own

[Apr 10, 2024 12:10 PM] Bitcoin's supply growth is set to automatically drop by 50% when next week's "halving" arrives, Ethereum is pondering a cut in ETH issuance, and meme coin issuers are just no-holds-barred spinning up new ones. Blockchain tech is enabling all sorts…

EigenLayer, Crypto's Biggest Project Launch This Year, Is Still Missing Crucial Functionality

[Apr 10, 2024 11:59 AM] The "restaking" protocol with $15 billion in deposits won't pay rewards to depositors and is missing its mission-critical "slashing" feature.

Alpen Labs Looks to Scale Bitcoin With Zero-Knowledge Proofs Using $10.6M Funding

[Apr 10, 2024 9:11 AM] Alpen Labs has emerged from stealth mode following the funding round, having spent the last year developing Bitcoin rollup infrastructure to bring smart contract functionality to the network.

EigenLayer and EigenDA Launch on Ethereum Mainnet

[Apr 9, 2024 12:10 PM] The launch comes after $12 billion has already been deposited into the protocol.

Venture Firm A16z Releases Jolt, a 'Zero-Knowledge Virtual Machine'

[Apr 9, 2024 10:00 AM] The release is the product of a16z's first foray into deep tech research.

Brazilian BV Bank Tests Tokenized Model for Vehicle Sales

[Apr 9, 2024 1:38 AM] BV Bank, a Brazilian bank leader in vehicle loans, is running a pilot that uses tokenization to manage vehicle financing and sales operations. The first phase of the tests involves automating consumer-to-consumer vehicle sales processes, including…

Ethereum Foundation Researchers' Proposal to Slow ETH Issuance Draws Pushback

[Apr 5, 2024 11:56 AM] The proposal, initially introduced in February, could harden Ethereum's native cryptocurrency, ether, as as a form of money – by reducing the inflation of new supply. But some members of the community say if it's not broke, don't fix it.

Ripple, Developer Behind XRP Ledger, Enters Stablecoin Fray vs. Tether, USDC

[Apr 4, 2024 7:00 AM] The token will be "100% backed by U.S. dollar deposits, short-term U.S. government Treasuries and other cash equivalents." according to the company.

Protocol Village: Optimism-Based DEX Velodrome Deploys to Bitcoin L2 BOB

[Apr 3, 2024 3:26 PM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of April 4-10.

The Protocol: Using the Money Printer

[Apr 3, 2024 1:29 PM] If you have the money printer – as is the case for many of the blockchain projects with the power to create their own digital tokens – why wouldn't you use it? PLUS: Vitalik Buterin riffs on meme coin and Ethereum's new "blob market."

Meme Coins on Degen Chain Flourish as New Layer 3 Racks up Millions in Volumes

[Apr 1, 2024 2:38 AM] Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer 2.

Vitalik Buterin Explores Blobs and Parallelization in L2 Rollup Analysis

[Mar 29, 2024 4:35 PM] In a recent deep dive into Ethereum’s future scalability and infrastructure, Ethereum co-founder Vitalik Buterin discusses the latest introduction of blobs and their significant role in the evolution of layer two (L2) rollups. This pivotal…

Solana Foundation Says It Can Filter Through the Offensive Meme Coin Problem

[Mar 29, 2024 6:43 AM] Panelists at a BUIDL Asia summit said racist meme coins can be handled with a light touch.

Call of Duty Cheaters Allegedly Lose Their Bitcoin as Hackers Target Gamers With Malware

[Mar 29, 2024 12:40 AM] The malware has already impacted hundreds of thousands of players and the numbers are still growing, as per malware market informer @vxunderground.

Tether Formally Announces a Shift Towards Open-Source AI

[Mar 28, 2024 11:45 PM] Tether, one of the largest cryptocurrency-based companies, has announced a formal expansion into AI, looking to develop open-source models and setting standards in this new industry. For this task, Tether is opening a global recruitment for…