Bitcoin treasury company Strategy will further lean on its preferred stock sales to acquire Bitcoin, shifting from its strategy of selling common stock, says CEO Phong Le. “We will start to transition from equity capital to preferred capital,” Le told Bloomberg’s “The Close” on Wednesday. Stretch (STRC) is Strategy’s perpetual preferred stock, launched in July, … Read more
Ethereum Foundation AI lead Davide Crapis and Ethereum co-founder Vitalik Buterin have proposed a way to use zero-knowledge proofs and other methods to ensure that a user’s interactions with large language models are private, while preventing spam and abuse. API calls occur every time a user sends a message to a software application, such … Read more
Coinbase has launched crypto wallet infrastructure that allows AI agents — programs that can think and transact without human input — to spend, earn and trade crypto. In a post on Wednesday, Coinbase programmers Erik Reppel and Josh Nickerson said the new Agentic Wallets feature aims to build on today’s agents, which can answer questions, … Read more
Ondo Finance said its Ondo Global Markets platform has integrated Chainlink as its official data oracle, enabling price feeds for tokenized US stocks including SPYon, QQQon and TSLAon to go live on Ethereum. According to a post from Ondo on Wednesday, the feeds are now being used on Euler, where users can post the tokenized … Read more
Bitcoin (BTC) has now retraced for three straight days, slipping below $66,000 during the New York session on Wednesday. The decline came after a failed push above $70,000, as weak buying interest allowed sellers to maintain control. Onchain data suggest that the pullback is possibly driven by spot-led selling on Binance, while the lack of … Read more
Bitcoin (BTC) saw flash volatility around Wednesday’s Wall Street open as US jobs data came in well above expectations. Key points: Bitcoin attempts to rescue the day’s losses on the back of stronger US nonfarm payrolls data. Mixed signals result in risk assets diverging in their reactions to the numbers. Bitcoin traders stay wary of … Read more
Arkham Exchange is not shutting down, despite reports to the contrary, and is instead redesigning itself as a decentralized trading platform, the company confirmed to Cointelegraph. The crypto trading platform launched by data analytics firm Arkham Intelligence is shifting from a centralized model to a fully decentralized exchange (DEX), Arkham CEO Miguel Morel told Cointelegraph … Read more
A New York federal judge dismissed a patent infringement lawsuit brought by Bancor-affiliated entities against Uniswap, ruling that the asserted patents claim abstract ideas and are not eligible for protection under US patent law. In a memorandum opinion and order dated Tuesday, Feb. 10, Judge John G. Koeltl of the US District Court for the … Read more
Defend American Jobs, an affiliate of crypto PAC Fairshake (an independent political fundraising group), will reportedly spend $5 million to support crypto-friendly politician Barry Moore in his bid for the US Senate, according to Bloomberg. A five-week campaign will start this week with ads on broadcast TV and the Fox News Channel featuring US President … Read more
The tokenized commodities market has risen 53% in less than six weeks to over $6.1 billion, making it the fastest-growing vertical in the real-world asset tokenization market as more gold moves onchain. The tokenized commodities market was valued at just over $4 billion at the start of the year, meaning around $2 billion has been … Read more