DePIN and Machine Data Can Change Web3

Tokenizing machine data and bringing it on-chain is the next logical step in the evolution of DePIN. Imagine a data pool with machine data from public EV charging stations, each collecting data on charging power, the battery level of the EVs in the surrounding area or the current energy grid utilization. Builders in the energy sector have now all the information they need to build dApps that help to balance the electric grid, for instance by offering charging incentives to EV drivers with low battery if there is a surplus…

Crypto Candidate in Arizona Is Winning (So Far) Despite Sen. Elizabeth Warren’s Headwinds

But the race between Democrats Ansari and Raquel Terán, who’d been endorsed by leading crypto critic Warren, has come down to a 67-vote gap almost a week after that state’s elections, and Ansari’s lead has narrowed each time a new batch was tallied. Wider Maricopa County, which includes the 3rd district, still has an estimated 2,089 ballots to count, according to the secretary of state’s office, and the current margin of less than 0.2% in Arizona’s 3rd Congressional District is well below the half-percent threshold required for an automatic recount.…

Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say

“Yes” shares for Shaprio were trading at 68 cents Monday during morning hours in New York, indicating the market sees a 68% chance he will be the Democratic nominee for vice president. Each share pays out $1 (in USDC, a stablecoin, or cryptocurrency whose value is tied to the dollar) if the prediction comes true, and zero if not. The bets are programmed into a smart contract on the Polygon blockchain. Source

Bitcoin Price (BTC) Dropped 19.6% while Ether Price (ETH) Fell 25.2% in Market Rout

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 (BTC) Price Crash to $50K Dashes Carry Traders’ Hopes

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 (BTC) Prices Continues to Bleed, Falls to Lowest Level Since Feb

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…

Crypto Futures Witness $840M in Liquidations as Bitcoin (BTC) Prices Nosedive, Ether (ETH) Records Biggest Fall Since 2021

The liquidations came as bitcoin (BTC) slid more than 11% in the past 24 hours, while ether plunged as much as 25% before slightly recovering. TradingView data shows this was the worst single-day price fall for ETH since May 2021, when prices dumped from over $3,500 to $1,700. TradingView’s daily candle shows performance for UTC 00:00 to 23:59. Source

Bitcoin Price (BTC) and Ether Price (ETH) Tumble as Nikkei Sheds 6%

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…