Base, the popular layer-2 network from cryptocurrency exchange Coinbase (COIN), is now a “stage 1” rollup, said the company, setting up its path towards full decentralization. The transition to a “stage 1” rollup comes as other layer-2s have also reached that milestone, making these networks less reliant on centralized entities. The move means that Base […]
News from Web3, Bitcoin and crypto crurrency launches and market updates
Robinhood’s (HOOD) record crypto trading revenue from the last quarter of 2024 may prove hard to repeat, according to JPMorgan analyst Kenneth Worthington, who forecast a drop in digital asset volumes for the first quarter of this year. The online trading platform reports first quarter results after the U.S. market close on Wednesday. The fourth […]
Did AI write the sentence that you’re reading right now? Did AI create the photograph you just saw online? Was the shocking, controversial story that tipped an election actually real, or AI-fueled misinformation? These are questions Clara Tsao has wrestled with for years, ranging from protecting national security (where she was the CTO of a […]
Political bettors on Polymarket and other platforms are paying attention to Canada as the nation heads to the polls. As the country’s 45th election comes to a close, a contract asking bettors to predict who will be Canada’s next Prime Minister gives the Liberal Party’s Mark Carney a 78% chance, and the Conservatives’ Pierre Poilievre […]
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2800.9, up 1.3% (+34.92) since 4 p.m. ET on Friday. Nine of 20 assets are trading higher. Leaders: XRP (+5.8%) and SUI (+5.2%). Laggards: BCH (-6.2%) and UNI (-4.8%). […]
Strategic allocation away from U.S. assets by investors could see bitcoin hit a new all-time high in the second quarter of the year, Standard Chartered’s Geoff Kendrick said in a report Monday. Kendrick sees the world’s largest cryptocurrency as reaching $120,000 this quarter as he reiterated his previous target of $200,000 by the end of […]
Ethereum Foundation researcher Dankrad Feist on Sunday filed the Ethereum Improvement Proposal 9698, a plan to let the blockchain’s gas limit grow on autopilot over the next four years. Feist is best known in crypto circles for his efforts in scaling the Ethereum network. The “danksharding” element of the network’s Dencun update was named after […]
April has been a month of extreme volatility and tumultuous times for traders. From conflicting headlines about President Donald Trump’s tariffs against other nations to total confusion about which assets to seek shelter in, it has been one for the record books. Amid all the confusion, when traditional “haven assets” failed to act as safe […]
TRUMP, the memecoin tied to U.S. President Donald Trump, is up about 16% in the last 24 hours, even as Democratic lawmakers cite the president’s involvement with the token as potential grounds for impeachment and after a massive unlock earlier in the month. At a town hall on Friday, Sen. Jon Ossoff (D-Ga.) pointed to […]
Gaming tokens have seemingly been on the sidelines since the 2021 crypto boom. In fact, data from SoSoValue shows that they were the worst-performing crypto basket over the last 12-month period, enduring a 62% drop in the period, compared to a 174% rise on PayFi tokens. However, under the Trump administration’s crypto-friendly stance, it might […]
Stripe is preparing to test a new stablecoin payments product aimed at companies based outside the United States, the United Kingdom, and the European Union. The company’s CEO, Patrick Collison, confirmed on social media that Stripe had been planning this offering for nearly a decade and is now opening it up to pilot users. The […]
DeFi Development Corp. (JNVR), formerly known as Janover, is doubling down on its plan to buy more Solana for its treasury as it looks to offer up to $1 billion worth of securities. The firm, formerly a commercial real estate lending tech platform, revealed in a U.S. Securities and Exchange Commission (SEC) filing that it […]