Protocol Village: IoTeX 'DePIN Infrastructure Modules' to Reduce Development Time
17.7.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24
German Government Bagged $2.88B in the Bitcoin Sell-Off
17.7.2024
German law enforcement agencies have successfully converted their seized Bitcoin into a staggering $2.88 billion (€2.639 billion). This sale marks one of the largest liquidations of confiscated cryptocurrency by any government to date. German Government Offloaded Bitcoin Holdings Strategically...
Bitcoin miner Cipher receives takeover offer, considers sale: Report
17.7.2024
Cipher's initial public offering (IPO) was in 2021. Its current market cap is more than $2 billion
Bitcoin Dips Below $64K as U.S. Equity Selloff Stalls Crypto Rebound
17.7.2024
A stock market correction is the biggest risk for the crypto market, but a renewed downturn would be a buying opportunity, an LMAX Group strategist said
Without High Switching Costs, Telecom Looks Vulnerable to DeWi
17.7.2024
High switching costs and long-term contracts have previously made telcos impossible to compete against. Key changes in market structure today are allowing challengers with unique crowdsourced supply to challenge them, says EV3’s Mahesh Ramakrishnan
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
17.7.2024
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million....
Biden Loses Musk & Silicon Valley Favor to Pro-Crypto Trump
17.7.2024
Things are not looking good for Joe Biden since he fumbled in the debate against Donald Trump, a crypto supporter. Silicon Valley is home to some of the smartest brains on planet Earth who were among the early adopters of cryptocurrency. Still, due to Biden’s anti-crypto stance, a...
Philanthropy's Blockchain Uptake Is Slow, But Future Is Bright
17.7.2024
Adoption by non-profits, or the lack of it, is a good test of product simplicity and reliability, says Paul Brody, head of blockchain at EY
Bitcoin's 'OP_CAT' Possibilities Teased in StarkWare Test Project
17.7.2024
StarkWare used its new STARK verifier on the Signet network, a testing environment for Bitcoin, in a proof-on-concept project designed to demonstrate what the oldest blockchain might be capable of were the pending "OP_CAT" technical proposal to get adopted
StarkWare verifies first zero-knowledge proof on Bitcoin
17.7.2024
StarkWare’s milestone opens the door for ZK-based layer-2 solutions, enhancing Bitcoin’s scalability and global payment capabilities
Plonky3, the Polygon Zero-Knowledge Proving System, Is Production Ready
17.7.2024
Polygon Labs has announced that its next-generation zero-knowledge (ZK) proving system, Polygon Plonky3, is now production-ready. This open-source system, licensed under MIT/Apache, empowers developers to build bespoke proving systems for ZKVM or ZK EVM chains, tailored to various use cases. Unlike...
Crypto Custody Firm Copper Receives Key License in Hong Kong as it Expands in Asia Pacific
17.7.2024
The license permits the holder to provide trust and corporate services in the region