Avalanche, a layer-1 blockchain launched in 2020 that’s now the tenth-largest by total value locked (TVL), activated its highly anticipated Avalanche9000 upgrade Monday, marking the ecosystem’s biggest technical changes to date. The network has been prepping for these changes for months, with new features that will cut the costs for sending transactions, operating validators and … Read more
Crypto wallet company Exodus Movement (EXOD) has been approved to list on the NYSE American, the New York Stock Exchange’s sibling market. Exodus, which will be listed under its current ticker at the open of trading on Dec. 18, was originally meant to be listed on NYSE American in May, but the U.S. Securities and … Read more
Ripple, an enterprise-focused blockchain service closely related to the XRP Ledger (XRP), said it will start making its highly-anticipated U.S. dollar stablecoin accessible to users on Tuesday, Dec. 17 following the token’s regulatory approval. RLUSD will be initially listed on several exchanges and crypto platforms including Uphold, MoonPay, Archax and CoinMENA, the company said in … Read more
I will remember 2024 as the year blockchain broke through. The transformations started early and just kept coming. What’s astounding to me is that at no time during this year did the overall direction or the market change. The only thing that happened was constant acceleration. At the end of 2023, we already knew that … Read more
Web3 has long struggled with mainstream adoption. We have yet to achieve the true cultural relevance that other cutting-edge technologies enjoy. Our most widely used product as an industry is cryptocurrency itself, but even our biggest advocates now realize that coins alone will not be enough to provide the consumer breakthrough we have been building … Read more
Every year, bulls and bears use short-term case studies to forecast crypto armageddon or exponential growth. And every year, neither group is right. Some notable events this year: Ethereum’s Dencun Upgrade, the U.S. election, crypto ETFs, Wyoming’s DUNA, the wBTC controversy, Robinhood’s Well’s notice, Hyperliquid’s near $2 billion airdrop, Bitcoin hitting $100,000, and SEC Chair … Read more
Dear President Elect Trump, As the co-head of a major law firm’s digital assets practice, I am hopeful that your nominee to chair the Securities Exchange Commission (SEC) will make much-needed (and long-overdue) reforms to the way the SEC approaches crypto market regulation in the United States. However, as you know, it will take some … Read more
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 3805.48, down 1.7% (-64.94) since 4 pm ET on Friday. Two of 20 assets are trading higher. Leaders: LINK (+5.2%) and BTC (+2.2%). Laggards: HBAR (-11.3%) and ICP (-7.1%). … Read more
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 3805.48, down 1.7% (-64.94) since 4 pm ET on Friday. Two of 20 assets are trading higher. Leaders: LINK (+5.2%) and BTC (+2.2%). Laggards: HBAR (-11.3%) and ICP (-7.1%). … Read more
Red-hot decentralized finance (DeFi) project Ethena said Monday it is rolling out its new stablecoin that aims to help stabilize the protocol’s flagship USDe token when crypto markets turn bearish. The USDtb token aims to keep a steady $1 price and holds 90% of its reserves in BUIDL, the tokenized money market fund issued by … Read more