When Michael Saylor announced MicroStrategy's conversion of $250 million in Treasury reserves to bitcoin in August 2020, Wall Street analysts dismissed it as a reckless gamble. "Superior to cash," Saylor…

As 2024 draws to a close, cryptocurrency stands at a turning point. Bitcoin has crossed the $100,000 mark and digital assets have solidified their place in investment portfolios of all…

BOB, the "hybrid layer-2" network seeking to make Bitcoin the center of the decentralized finance (DeFi) universe, has taken a step toward that goal by integrating with BTC restaking protocol…

The U.S. Federal Reserve lowered its benchmark fed funds rate by 25 basis points to the 4.25%- 4.50% range, its third consecutive easing move this year and now marking a…

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Marc Hochstein, CoinDesk's deputy editor-in-chief for features, opinion and standards.In this issue:Solana was…

Banking giant Deutsche Bank is building out a layer-2 rollup network on Ethereum with Matter Labs’ ZKsync technology.Bloomberg reported the project Wednesday, and a representative for Matter Labs confirmed the…

Wall Street’s rate cut outlook is overly pessimistic.This week brings an important update for investors everywhere. The Federal Reserve will update its interest rate policy on Wednesday Dec. 18. The…

Plume, a blockchain network focused on real-world assets, raked in $20 million in fresh funds in a Series A fundraising round, the platform told CoinDesk on Wednesday.Investors participating in the…

Solana's network activity lit up on Tuesday as the Pudgy Penguins NFT project debuted its native token, PENGU, on the programmable blockchain.The layer 1 blockchain, considered a cheap alternative to…