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Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks
12.9.2024
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin...
Ethereum's Vitalik Buterin Amps Up Pressure on Layer-2 Networks to Decentralize Further
12.9.2024
In 2022, Buterin proposed a set of stages for rollups, to classify them in their pursuit of decentralization. The criteria is meant to showcase that rollups tend to rely on “training wheels” and deploy their protocols to users before it's ready to fully decentralize
Lufthansa, Deutsche Telekom launch DePIN blockchain nodes
10.9.2024
Lufthansa and Deutsche Telekom are among a few major enterprises to launch blockchain nodes on the Peaq network, signaling a significant move toward enterprise DePIN adoption
Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity
4.9.2024
Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin Metrics highlight the challenges these networks face as total fees and token performance...
Io.net partners to launch world-first proof-of-AI
29.8.2024
io.net collaborates with FLock.io to introduce PoAI, a consensus mechanism designed to ensure integrity and scalability in decentralized AI networks
Data Shows Bitcoin Mining Giants Foundry and Antpool Seize 56.7% of Network’s Hashrate
24.8.2024
In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling a whopping 56.7% of the network’s total hashrate. Since the year began, Foundry’s hashrate has climbed by about 75 exahash per second (EH/s), marking a significant...
Astar Network’s Phase 1 of evolution begins
23.8.2024
Astar Network is in the process of transitioning from Astar zkEVM to Soneium L2. The network has announced…
Tron network exceeds Ethereum revenue over the past 90 days
15.8.2024
According to data from DeFi Llama, the Tron network accrued $1.31 million in network revenue during the past 24 hours alone
Eigenlayer Introduces Permissionless Token Support, Expanding Crypto Economic Security Options
15.8.2024
Eigen Labs has announced an upcoming update to the Eigenlayer protocol, introducing Permissionless Token Support. This feature aims to broaden the range of ERC20 tokens that can be utilized as restakable assets, enhancing the crypto economic security of decentralized networks. Permissionless Token...
Tether Slams Celsius Network’s ‘Baseless’ $2 Billion Lawsuit
12.8.2024
Stablecoin issuer Tether has slammed the”baseless” claims that it illegally liquidated Celsius Network’s bitcoin collateral. Tether accused the crypto lender of trying to “improperly impose the costs of Celsius’ mismanagement and failure on Tether.”...
Vitalik Buterin backs proposed ERC-7683 for cross-chain trade standards
9.8.2024
ERC-7683 aims to standardize cross-chain trade execution, enhancing interoperability between decentralized networks
Hashing It Out: The era of decentralized physical infrastructure networks
1.8.2024
In this episode of Hashing It Out by Cointelegraph, host Owusu Akyaw interviews Pavel Bains, co-founder and CEO of Bluzelle, about decentralized physical infrastructure networks (DePINs)
Hashing It Out: The era of decentralized physical infrastructure networks
1.8.2024
In this episode of Hashing It Out by Cointelegraph, host Elisha Owusu Akyaw interviews Pavel Bains, co-founder and CEO of Bluzelle, about decentralized physical infrastructure networks (DePINs)
SingularityNET to invest $53M in AI infrastructure, modular supercomputer
23.7.2024
The investment includes modular data centers and high-performance AI infrastructure for advancements in deep neural networks and large language models
Crypto firms’ vulnerability to CrowdStrike blackout: Analyst insights
20.7.2024
Although no major crypto exchange was affected by the CrowdStrike downtime, analysts provided possible impacts in a case where they are
How DePin Networks can decentralize law enforcement
4.7.2024
Everything from radar arrays to acoustic networks that triangulate active shooters can be decentralized and community-owned
Uplink CEO: Depins Enable Companies to ‘Bootstrap the Deployment Stage’
30.6.2024
Decentralized Physical Infrastructure Networks (Depins) have the potential to connect companies or projects in markets or locations with limited internet connectivity, all without requiring telecom companies to invest billions of dollars in infrastructure. Additionally, Depins assist existing...
Interpol Disrupts Scam Networks: 6,745 Bank Accounts Frozen, $2M Crypto Seized, 3,950 Arrested
28.6.2024
Interpol’s Operation First Light, a global initiative involving 61 countries, has disrupted online scam networks by freezing 6,745 bank accounts and seizing assets worth $257 million, including $2 million in cryptocurrency. The operation targeted phishing, investment fraud, fake online...
Incentive networks could save millions on AI compute costs
26.6.2024
Compute costs for AI are going up. Incentive-network-driven compute could be the key to saving you and your investors millions of dollars
Pyth Network’s Pull Oracle has been positioned on Solana
18.6.2024
Pyth Network’s Pull Oracle is currently live on Solana, allowing developers on the Solana mainnet beta to interact with Pyth’s Oracle pricing. This will be accomplished by transferring price revisions related to the Pythnet app chain to the Solana domain. Up until June 30, 2024, users...