EasyA alumni have already founded projects valued at over $2.5 billion and won funding from top VCs like a16z, Founders Fund, YC and many more. Just last month, Cognition AI, founded by EasyA hackathon winner Walden Yan, was valued at $2 billion. Walden first pitched his idea for DALLE on the blockchain at an EasyA hackathon at Harvard. Two years later, he’s built a transformative company.. Source
Day: May 28, 2024
Consensus 2024 Week: The House Passed a Market Structure Bill
The House of Representatives voting overwhelmingly in favor of a crypto market structure bill is an interesting prelude to CoinDesk’s annual conference. We’ll be talking about these things in Austin this week. Source
Aave Network Set to Launch Following Aave V4 Protocol
In a recent social media post, Stani Kulechov, the founder of Aave, announced that the Aave Network is expected to launch following the completion of the Aave V4 protocol. This development is eagerly anticipated by the defi community, as the Aave Network is projected to become one of the largest Layer 2 networks on Ethereum, […] Source CryptoX Portal
Forget Fear, Embrace Greed? Bitcoin Sentiment Turns Red Hot
Bitcoin (BTC) continues its captivating dance near its all-time high, leaving investors to ponder whether it’s a victory lap or a prelude to a potential tumble. While the price sits stubbornly around $68,000, new data reveals a market brimming with “extreme greed,” according to the Crypto Fear and Greed Index. This suggests investors are piling on, fueled by the belief that the digital gold is on an unstoppable ascent. However, beneath the surface of this bullish fervor lurk shadows of potential setbacks. Let’s dissect the forces shaping Bitcoin’s trajectory. Related…
Crypto Lending Firm Maple Finance Unveils Syrup Yield Platform and Rewards Token
Maple’s Syrup promises users yields of 15% by depositing Circle’s USDC stablecoin into the platform, for which those users receive LP tokens (syrupUSDC), with additional yield in the form of “Drips,” a loyalty payment derived from using the SYRUP rewards token, Maple said in a press release on Tuesday. Source
Ethereum-Based Domain Protocol ENS Seeks Own L2, Possibly With ZkSync
ENS’s proposal, dubbed “ENSv2,” will completely overhaul the network’s registry system, and transform it into a layer 2, an auxiliary network that provides cheaper transaction fees that is settled on Ethereum. Source
Bitcoin Falls Below $68K After $9B Mt. Gox Transfer
Bitcoin fell below $68,000 after wallets belonging to Mt. Gox transferred $9 billion worth of BTC to an unknown address early Asian morning. The transaction is possibly part of a plan to repay creditors by Oct. 31. BTC dropped as low as $67,680, a decline of over 1.5% in the last 24 hours, following the transfer having climbed above $70,000 on Monday. Bitcoin subsequently seemed to shrug off the dip to reclaim $68,000 during the European morning. At the time of writing it is just under $68,500, largely unmoved in…
Bitcoin (BTC) And Ether (ETH) ETF Market Expected to Grow to $450B: Bernstein
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Why The Bitcoin Halving Is Not Priced In And What’s Next: Expert
In his latest video update on YouTube, renowned crypto analyst Rekt Capital delved into the complex dynamics surrounding Bitcoin’s halving events, articulating a compelling case for why the market has yet to fully price in the halving which took place on April 19. Drawing on historical data and patterns, Rekt Capital provided an in-depth analysis of the cyclical nature of Bitcoin’s price movements post-halving, suggesting that substantial growth phases still lie ahead. Why The Bitcoin Halving Is Not Priced In Rekt Capital began by revisiting the historical impact of Bitcoin…
Swiss University Introduces 16-Day Bitcoin Course; Critics Question Exorbitant Fee
The Zurich University of Applied Sciences has said it will kickstart a 16-day Bitcoin economy training course in March 2025. The short course aims to help students understand how bitcoin influences the financial system. Understanding Bitcoin’s Impact on the Financial System The Zurich University of Applied Sciences (HWZ), a Swiss institution, has said it is […] Original