Bitcoin had topped $62,700 earlier in the day, but recently was down 6.5% from 24 hours earlier. Amid the rout, it got as low as $58,240, the lowest price since Aug. 19. Ether traded as high as $2,700 earlier Wednesday, but recently fetched less than $2,500. Source
Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed that the funding aims to accelerate the company’s development of tools that bridge the gap between artificial intelligence (AI) and blockchain technology. Space and Time […] Source CryptoX Portal
Helium (HNT) is continuing its upward trajectory despite the market dip. According to CoinGecko, the token is up nearly 15% since yesterday, sparked by the recent on-chain developments that will expand on Helium’s decentralized physical infrastructure (DePIN). Related Reading Recently, Helium’s official X account announced the voting period for two crucial proposals for Helium Mobile. Aptly named HIP 130 and 131, these two proposals have sparked speculation for HNT’s near-future performance. Helium Proposes New Security Measure Against Malicious Activity HIP 130, titled ‘Data-Only Hotspots’, proposes that the network should expand…
Vitalik Buterin has likely provided financial support to ethOS, a project promoted as the world’s first Ethereum mobile operating system. According to Arkham data, Ethereum (ETH) co-founder Vitalik Buterin sent 199.9 ETH, valued at over $517,000, to a Gnosis Safe multi-signature contract. The leading speculation is that Buterin’s transfer was a donation to the Ethereum phone project called ethOS. Built by pseudonymous developers at Freedom Factory, this open-source initiative was initially launched on select Android devices in late 2022 and redeployed the following year. ethOS is an Ethereum-native mobile operating…
Peter Zhang Aug 27, 2024 21:33 The Wyoming Blockchain Symposium showcased key insights on regulatory advancements and energy strategies within the crypto space, featuring top industry leaders. The Wyoming Blockchain Symposium recently brought together 250 of the leading minds in the digital assets industry. Hosted by SALT in collaboration with Kraken and the University of Wyoming, the event highlighted Wyoming’s pioneering role in crypto regulation and energy innovation, according to Bitwise Investments. Wyoming’s Regulatory Landscape Wyoming has been at the forefront of…
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…
Bitcoin took a tumble on Tuesday, hitting a low of $61,455 per coin after peaking at $65,103 just three days prior. The crypto market downturn resulted in a shake-up, with $20.28 million in bitcoin long positions and $40.29 million in ether longs being liquidated. Crypto Market Stumbles: Bitcoin and Ethereum Face 2-3% Declines On Tuesday, […] Original
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…
Durov has become a hero in the eyes of those who champion an internet free of mediation, including those in cryptocurrency, even if that freedom leads to people using that network for all kinds of morally problematic and even illegal things. But Telegram, which is the channel of choice for nearly everyone in Web3, is not exactly the encrypted nirvana we might want, ideally. As tech journalist Casey Newton explains: “Telegram is often described as an ‘encrypted’ messenger. But as Ben Thompson explains today, Telegram is not end-to-end encrypted, as…
Robinhood has officially added support for Solana to its Wallet, expanding the platform’s crypto offerings. Johann Kerbrat, the General Manager of Robinhood Crypto, announced this integration, which will enable users to self-custody Solana (SOL) and conduct transactions over the Solana blockchain. This move aligns with Robinhood’s broader strategy to enhance its Web3 wallet by incorporating more blockchains and digital assets, following previous integrations of networks like Ethereum (ETH), Polygon (MATIC), and Bitcoin (BTC). Robinhood and crypto Earlier this year, Robinhood demonstrated a growing interest in the cryptocurrency space. Notably, it…