ZK Proofs Arrive on Bitcoin, Roxom Launches Bitcoin-Based Stock, Commodities and Futures Exchange

July 25: BitcoinOS, a network of Bitcoin-based rollup chains, has verified the first-ever zero-knowledge (ZK) proof on Bitcoin’s mainchain. ZK cryptography is looked to as a key technology for scaling blockchain throughput and usefulness, but the tech is complicated and computationally intense – meaning it was unclear if or when it would make its way to the comparatively bare-bones Bitcoin network. According to the BitcoinOS team, “This is the first permissionless upgrade of the Bitcoin system and the first time Bitcoin has been upgraded without a soft fork.” Bitcoin can…

Hong Kong Launches Its First Inverse Bitcoin ETF Product

CSOP Asset Management, a regulated asset management company, has become the first to launch an inverse Bitcoin ETF in Hong Kong’s markets. This allows traders and investors to speculate on the decline of the cryptocurrency’s value. The product complements other ETF products already available, further establishing the city as an international crypto market. CSOP Asset […] Original

Proton Launches Self-Custodial Bitcoin Wallet: 100 Million Proton Mail Users Can Now Receive BTC via Email

Proton, known for its privacy-focused services including the popular Proton Mail with over 100 million users, has launched Proton Wallet, a new self-custodial bitcoin wallet. “If you are one of the millions of people who have a Proton Mail email address, you can now automatically receive bitcoins with your email address,” said Proton’s CEO, adding […] Original

Proton launches self-custodial Bitcoin wallet

Proton, a privacy-focused company behind solutions like the Proton Mail and Proton VPN, has launched a self-custody crypto wallet. The Swiss-based firm announced that the new ‘Proton Wallet’ will initially support only Bitcoin (BTC). As a self-custody wallet, Proton Wallet gives users full control over private Bitcoin keys. The company said it will add support for other crypto assets in due course. “While we may seek to add fiat currency capabilities in the future, this requires a Swiss banking license and is, therefore, not possible today,” Proton founder and CEO…

Institutional Adoption Accelerates For Solana as Hamilton Lane Launches Blockchain-Native Fund

In a move highlighting the growing intersection of traditional finance (TradFi) and blockchain technology, Hamilton Lane, one of the world’s largest asset managers, has announced the launch of a private credit fund on the Solana (SOL) blockchain.  The fund, named Senior Credit Opportunities Fund (SCOPE), will now be accessible to investors through the Solana network, according to a recent report by Fortune. Institutional Fund Directly On The Solana Blockchain Hamilton Lane, which has over $290 billion in assets under management, has partnered with Libre, a Web3 protocol developed by Brevan Howard’s WebN…

Avail, Long-Awaited Blockchain Project for ‘Data Availability,’ Launches Main Network

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…

Jordan Launches National Blockchain Technology Network

The Ministry of Digital Economy and Entrepreneurship in Jordan has launched a national blockchain technology network in partnership with Jordanian blockchain company Blockexe. The implementation of blockchain technology in Jordan’s government sector aligns with the Jordanian Digital Transformation Strategy (2021-2025). Enhancing Trust in Government Services On July 17, the Jordanian Ministry of Digital Economy and […] Source CryptoX Portal

Tangem Launches Ring-Shaped Hardware Cryptocurrency Wallet

Tangem announced the launch of its Tangem Ring cryptocurrency hardware wallet on Wednesday, touting it as “the world’s first ring-shaped crypto wallet,” designed to “transform how people interact with cryptocurrencies.” The company stated that users can now wear their crypto, providing instant access to over 6,000 assets and various services directly on their fingers. The […] Source

Maelstrom Launches Bitcoin Grant Program Aiming to Support Developers

The Arthur Hayes-linked Bitcoin-supporting entity Maelstorm has launched a grant program to assist with the technical development of Bitcoin. Developers who wish to receive grants—ranging from $50,000 to $150,000 each—must submit applications on or before August 25. Enhancing Bitcoin’s Resilience and Censorship Resistance Maelstorm, an entity focused on Bitcoin’s technical development, has launched a Bitcoin […] Original

Bitcoin ETF Giant Grayscale Launches Crypto Artificial Intelligence (AI) Fund; NEAR, RNDR, FIL, TAO, LPT Prices Jump

“The blockchain-based AI protocols embody the principles of decentralization, accessibility, and transparency, and the Grayscale team feels strongly that these protocols can help mitigate the fundamental risks emerging alongside the proliferation of AI technology,” Rayhaneh Sharif-Askary, Grayscale’s head of product and research, said in the press release. Source