Blockchains Will Upend Economies of Scale
The tokenization of industrial processes will produce a revolution in competition between companies of different sizes, says Paul Brody, head of blockchain at EY.
Cosmos-Based Canto Blockchain Reverses Course on Polygon Layer-2 Plans, Unveils New Roadmap
The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.
Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says
The bank raised its price target for the crypto exchange to $150 from $95.
Michael Saylor’s MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin
The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.
First Mover Americas: El Salvador Holds More BTC Than Expected
The latest price moves in bitcoin (BTC) and crypto markets in context for March 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Trader Sees Prices Slumping to $60K as Crypto Bulls See $650M in Liquidations
The CoinDesk 20, a broad-based index of the most liquid crypto tokens, was down 8.25%.
Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License
Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.
Binance Spun Off Venture Capital Arm Earlier This Year
Binance Labs now has a disclaimer on its website describing it as “an independent venture and not part of the Binance Group.”
Gold Investors Aren’t Switching Into Bitcoin, JPMorgan Says
Outflows from gold exchange-traded funds and a surge in bitcoin ETF inflows fueled speculation investors were shifting from the precious metal into the cryptocurrency.
Bitcoin Layer-2 Project BVM Gains Traction With Promise of ‘Juicy’ Airdrops
The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.