The project aims to create a decentralized satellite internet network, with the initial satellites, CTC-0 and CTC-1, already demonstrating blockchain-based communication from space.
It’s about a lot more than “zooming out.” Supply overhangs and investor “muscle memory” regarding gold help explain bitcoin’s poor absolute and relative performance.
The platform, Nifty Gateway, which once facilitated over $300 million in sales, had shifted its focus to building onchain creative projects in 2024, but will now close.
A record surge in activity on the Ethereum network is likely being driven by scam-related behavior rather than genuine user growth, according to the bank’s analysts.
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The crypto custodian priced its initial public offering at $18 per share late Wednesday.
Spacecoin aims to provide permissionless internet access via satellite constellation, targeting remote and underserved communities.
The crypto company’s stock will be available in a tokenized version on Ethereum, Solana and BNB Chain closely after it starts trading on NYSE.
Farcaster raised $150 million by Paradigm and a16z in 2024 but has struggled to sustain growth.
The U.S. Senate Agriculture Committee’s next draft is expected to shield developers from liability, insiders have been advised, but it may without Democrat backing.
In this week’s Crypto Long & Short Newsletter, David Mercer of LMAX Group writes on tokenization and capital markets that won’t sleep. Then, Andy Baehr looks ahead to crypto’s “sophomore year.”
There was a modest bounce after the president said the U.S. had no intention of taking Greenland by force, but prices quickly resumed their decline.