Bitcoin

Introducing Hoodi: Ethereum’s Innovative New Testnet Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Ethereum Reporter. This article is featured in the latest issue of our weekly newsletter exploring the tech behind crypto, one block at a time. Subscribe to get it in…

Dubai Launches Real Estate Tokenization Pilot, Eyes $16B Market The Dubai Land Department (DLD), a key government agency overseeing the real estate sector, has initiated a groundbreaking real estate tokenization pilot program. This initiative positions Dubai as the first property registration authority in the Middle East to leverage blockchain technology for property title deeds. The…

Privy Secures $15M to Enhance Crypto Onboarding Infrastructure Privy, a leading wallet infrastructure provider, has successfully raised $15 million in a recent funding round aimed at developing advanced crypto onboarding rails. This investment is a significant step forward for the company, which specializes in providing application programming interfaces (APIs) that enable developers to integrate cryptocurrency…

Elon Musk’s xAI and Nvidia Team Up with Microsoft and BlackRock In a significant move for the artificial intelligence (AI) sector, two of the most influential players, Elon Musk’s xAI and Nvidia, have joined forces with industry giants Microsoft, BlackRock, and the investment fund MGX. This collaboration aims to expand AI infrastructure across the United…

CoreWeave IPO: Implications for Core Scientific’s Future The recent IPO of CoreWeave has sparked significant discussions among analysts regarding its potential impact on Core Scientific, a major player in the bitcoin mining sector. As CoreWeave and Core Scientific collaborate closely, the implications of this public offering are multifaceted and warrant a thorough examination. CoreWeave and…

The Rise of Structured Crypto Products: Insights from Zerocap Australia-based digital asset firm Zerocap is strategically positioned to witness the evolution of the structured product landscape. Since its inception in 2018, Zerocap has been at the forefront of the digital asset industry, operating in various sectors including OTC trading, market making, derivatives, and crypto custody….

Ethereum to Retire Holesky Testnet by September 30 The Ethereum Foundation (EF) has officially announced that the Holesky testnet, a crucial platform for testing Ethereum infrastructure and upgrades, will begin its winding down process, culminating in a complete shutdown anticipated on September 30. This decision comes in the wake of significant challenges faced by Holesky,…

Reforming the Accredited Investor Rule: A Path to Wealth Access In recent weeks, President Trump has taken significant steps to attract investment to the United States. His proposed initiatives would allow foreign investors to purchase legal status in the U.S. for $5 million. Additionally, he has lauded a remarkable $200 billion direct investment from Japan’s…

XRP Surges 10% as Ripple’s Garlinghouse Announces SEC Appeal Drop XRP experienced a remarkable surge of 10% on Wednesday morning in the U.S. trading hours, following an announcement from Ripple CEO Brad Garlinghouse. He stated that the U.S. Securities and Exchange Commission (SEC) is poised to drop its appeal against Ripple, a company closely associated…

CoinDesk 20 Index Performance Update The cryptocurrency market has been buzzing with activity, and the latest performance update from the CoinDesk 20 Index reveals a significant rise of 3.4%. This increase comes as all assets within the index are trading higher, indicating a positive trend in the market. In this article, we will delve into…