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Why Threads Got 100 Million Users When Other Twitter Rivals Could Not
11.7.2023
Network effects and ease of use rule the day. And, a lot of people clearly don’t care about decentralization and privacy all that much, says CoinDesk’s Emily Parker
Coinbase Soars After Reaching Cboe Surveillance Sharing Agreement for 5 Bitcoin ETF Applications
11.7.2023
Shares of Coinbase jumped as much as 16% Tuesday after the crypto exchange reached an agreement with Cboe’s BZX Exchange to maintain a surveillance-sharing agreement for five of its spot bitcoin exchange-traded fund (ETF) applications
Brevan Howard Joins $12M Round for Liquid Staking Protocol Alluvial
11.7.2023
Ethereal Ventures and Variant co-led the round for Alluvial, creator of the enterprise and institution-focused Liquid Collective
Crypto Market Remains in ‘Bitcoin Season’ as ‘Altcoin Season’ Drought Hits Record Two-Year Mark
11.7.2023
According to data, the cryptocurrency ecosystem has endured its longest stretch without an altcoin season. So far, it has been more than two years without an altcoin season, and there have been no signals indicating one might emerge. Altcoin Season Eludes Cryptocurrency Market for 2 Years Recently...
Federal Prosecutors Investigate Former FTX Executive Over Possible Campaign Law Violations: WSJ
11.7.2023
Ryan Salame is being investigated for potentially illegally avoiding federal limits on contributions to his girlfriend's congressional campaign last year
Biggest Movers: MATIC up 8%, as SOL Nears Fresh 2-Month High
11.7.2023
Polygon was a notable mover on Tuesday, as the token surged by as much as 8% in today’s session. The move saw the cryptocurrency hit a one-month high, following a recent five-day bull run. Solana also rose higher, following a sell-off to start the week. Polygon (MATIC) Polygon (MATIC) rose by...
Dan Harmon’s Web3 TV Show ‘Krapopolis’ Finally Gets Premiere Date
11.7.2023
The animated show, helmed by the “Rick and Morty” creator, has already been renewed for a second and third season ahead of its September release
India’s External Affairs Minister Shuns BRICS Currency Talks, Prioritizes Rupee’s Strength Instead
11.7.2023
Members of the BRICS alliance are meeting at a summit in Johannesburg, South Africa, in August, focusing attention on the potential for the BRICS bloc to create a gold-backed reserve currency. However, Subrahmanyam Jaishankar, India’s external affairs minister, said India isn’t...
Data Startup Space and Time Creates Chatbot Powered by ChatGPT for Database Querying
11.7.2023
ChatGPT will enable users to query the decentralized data warehouse using natural language prompts
EU’s Metaverse Vision Focuses on Standards, Governance and Funding
11.7.2023
The EU isn’t proposing new laws but could spend hundreds of millions on research into virtual worlds
Index Coop Aims to Improve Limitations of Protocol, On-Chain Structured Products
11.7.2023
The infrastructure limitations of this sector include a lack of cross-chain asset support, expense in maintaining products due to high issuance costs and difficulty rebalancing on-chain products due to slippage
Cross-Chain Protocol Axelar to Develop Web3 Services With Microsoft Azure
11.7.2023
Axelar said further plans with Microsoft include connecting private and public blockchains that use OpenAI services to create Web3 products
NFT Lender Gondi Goes Live, Raises $5.3M Round Led by Hack.vc
11.7.2023
Developer Florida Street's seed round features Hack.vc, Foundation Capital, Dragonfly Capital, Pantera Capital, 6th Man Ventures and others
First Mover Americas: GBTC Discount Narrows to Lowest Since May 2022
11.7.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: ETH Over $1,900 as Greenback Weakens on Tuesday
11.7.2023
Ethereum moved briefly above the $1,900 level on Tuesday, as the U.S. dollar weakened versus several G7 currencies. The biggest fall came versus the British pound, with USD/GBP hitting a 15-month low. Bitcoin also rose higher, climbing past $31,000 earlier in the day. Bitcoin Bitcoin (BTC) moved...
NEAR Foundation publishes Transparency Report for Q2-2023
11.7.2023
NEAR Foundation has published its quarterly report titled NEAR Foundation Transparency Report: Q2 2023. This is the second installment this year and highlights its developments and advancements in Blockchain Operating System, Web2.5 strategy, and Web3 partnerships. These are only a few points...
Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding
11.7.2023
Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors in the “Shark Tank” program. Investors Drawn...
MetaMask Developer ConsenSys Brings Layer 2 Blockchain ‘Linea’ To Ethereum Mainnet
11.7.2023
The rollup chain from ConsenSys, known as a zkEVM, joins a growing field of projects aiming to expand access to Ethereum using zero-knowledge cryptography
Marex Unveils Bitcoin, Ether-Linked Long Strategy With Dollar Index as Hedge
11.7.2023
"The dollar index futures act a robust complement to the long-only portfolio from both a thematic and empirical perspective," Marex's Mark Arasaratnam said
Aave DAO to Vote on Gho Stablecoin Deployment on Ethereum
11.7.2023
GHO has been in the works for over a year and was issued on a testnet earlier this year