Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation.…
Category: ICO
Bitcoin (BTC) Recedes to $67K as Crypto Market Sees Slight Dip
Bitcoin pulled back to $67,000 throughout the Asian and European mornings, showing signs of a consolidation following Wednesday’s jump above $68,000. BTC was about 0.7% lower in the last 24 hours as of the late European morning, trading just above $67,000. Other major tokens showed similar minor retracements, with the broader digital asset market dipping 1%, as measured by the CoinDesk 20 Index. For the time being, bitcoin appears to have avoided an outright rejection following its move above $68,000 on Wednesday and is instead taking a breather, as traders…
Crypto Exchange Kraken Launches Wrapped Bitcoin Token kBTC
The token will be available on both Ethereum and OP Mainnet. Source
GraFun Starts Labs Division to Boost Memecoin Ecosystem on BNB Chain
The Labs partners include trading firm DWF Labs and the Floki, BNB Chain’s largest memecoin by market capitalization. Source
deBridge Token Goes Live With DBR Airdropped to 491K Wallets
Data shows that deBridge is widely used to transfer funds between Ethereum, Arbitrum, Solana and Base, among other blockchains. Since April 2023, it has recorded over $3.3 billion in bridged volume between Solana and Ethereum networks alone, bagging the platform millions of dollars in revenues. Source
Vitalik Buterin Wants Ethereum to Hit 100K Transaction Per Second With Rollups
Buterin’s roadmap aims to keep Layer 1 decentralized, ensure Layer 2s inherit Ethereum’s core values, and enhance seamless interoperability across chains. Source
Kalshi Research Finds 'Widespread Evidence' of Strong Republican Momentum in U.S. Elections
A note from Kalshi’s market research team suggests the prediction market – polls gap can be explained by Harris’ sliding popularity with key demographics. Source
Gold Arrives on ‘Digital Gold’ as Bitcoin Gets Tokenized Version of the Metal
Ordinals involves inscribing individual satoshis (the smallest unit of BTC at 1/100,000,000 of a full bitcoin) with data, such as images or text, making them unique and attaining individual value. They’re often thought of Bitcoin’s version of non-fungible tokens, or NFTs. Source
Nishad Singh’s Lawyers Ask Judge to Spare Him Prison, Say He Is an 'Uncommonly Selfless Individual'
Lawyers say that his early cooperation was critical to bringing cases against Sam Bankman-Fried and Ryan Salame. Source
Protocol Village: Conduit Launches New G2 Sequencer, Claiming 10x Improvement Over Existing Versions
Protocol Village: Conduit Launches New G2 Sequencer, Claiming 10x Improvement Over Existing Versions Source