The internet is built on a fragile foundation of trust assumptions — and it’s breaking. Every time we browse the web, make online purchases or share personal information, we rely on unspoken assumptions about how platforms manage our data and ensure our security. But trust assumptions are inherently flawed. A trustless internet, grounded in decentralized
Binance has BNB Chain, Coinbase has Base, OKX has the X Layer and now Kraken has Ink. Kraken announced today its plans to launch its own Ethereum layer-2 network, Ink, expected to go live on mainnet in early 2025. Ink uses Optimism’s OP Stack, and will be part of Optimism’s constellation of blockchains, dubbed the
In its long-running legal fight to offer event contracts on U.S. elections, Kalshi regularly emphasized it is a regulated exchange, in contrast to its much-larger, crypto-based, offshore rival Polymarket. That hasn’t stopped Better Markets, an activist group that advocates for stricter financial regulations, from citing activity on Polymarket as one reason to stop Kalshi from
Stablecoins could capture 5%-10% share of the global money supply over the next decade, Circle CEO Jeremy Allaire said. Next year will be pivotal for stablecoin regulations, Allaire said, anticipating many countries in the G20 group and emerging markets having laws in place by the end of 2025. 17:48 Crypto Policy Talk With Circle’s Dante
Spot bitcoin exchange-traded funds will soon hold over one million BTC. The funds recorded one of their biggest week of inflows last week, taking in over $2.1 billion in just five days. BlackRock’s iShares Bitcoin Trust (IBIT) could soon cross the 400,000 bitcoin mark. 01:54 BlackRock Buys More MicroStrategy Shares; Citi Debanked Ripple’s Brad Garlinghouse
The AI bot Terminal of Truths on X has popularized the GOAT memecoin, which saw its market cap soar from $3 million to about $800 million, driven by social media interactions and the bot’s endorsements. Despite the hype around “sentient” AI bots promoting cryptocurrencies like RUSSELL, these bots are actually large language models (LLMs) influenced
In today’s edition: Arbitrum, Synthetix, FLock.io, Aptos Foundation, Raise, BitGPT, D3 Global, Identity Digital, Variational, Uniswap Labs, Mantra, Stokr, Sygnum Bank, Rocketon, Across, BlockFills, GOAT Network. 01:22 Uptober Forming Amid Rising Stablecoin Liquidity and Bitcoin Transactions 00:56 Len Sassaman-Themed Memecoins Surge Ahead of HBO Bitcoin Creator Documentary 01:01 Bitcoin Breaks $64K While Gold Soars 00:56
Pyth Network, a top oracle network, has expanded its reach within the decentralized finance market with a new feature dubbed Redemption Rate Feeds. Announced on Oct. 24, the redemption rate feeds, or RRF, provide real-time valuations for liquid staking tokens, restaking tokens, and yield-bearing stablecoins. With this feature, Pyth Network (PYTH) offers the broader DeFi
Crypto industry participants and American lawmakers believe Gary Gensler should leave the Securities and Exchange Commission in 2025. Representative French Hill said the U.S. SEC should see new leadership next year, regardless of which party controls the White House. Hill and other Republican policymakers have frequently criticized Gensler for the SEC’s failures in recent years
Skyfire, a payments platform founded by former Ripple developers, raised $9.5 million in a seed funding round led by Coinbase Ventures and a16z’s Crypto Startup Accelerator. The company focuses on building a payment infrastructure designed for AI agents, which are software systems capable of making decisions and transacting autonomously, according to a company release. Skyfire’s