Business

Welcome to the Protocol, Coindesk’s Weekly Wrap-Up of the Most Important Stories in Cryptocurrency Tech Development. I’m Margaux Nijkerk, Coindesk’s Tech & Protocol’s reporter. In this Issue: Solana’s Seeker Phone Fixes Saga’s Flaws With Usability Upgrade Base Says Sequencer Failure Caused Block Production Halt of 33 Minutes Solana’s Jito Proposes Routing 100% of Block Engine […]

Bitcoin (BTC) Project Babylon took another step toward offering a decentralized funding (Defi) experience of its $ 5 billion stack protocol similar to what was seen elsewhere in the crypto. The latest developments are the introduction of Trustless Vaults, designed to allow BTC holders to deposit their tokens without relying on a centralized unit, as

New York – Tornado Cash Developer Roman Storm has been found guilty of conspiracy to run an unlicensed money transmitting business, decided a jury jury on Wednesday. The jury was unable to reach a unanimous sentence on the remaining charges, conspiracy to commit money laundering and conspiracy to violate international sanctions despite four days of

Internet computer’s native token (ICP) throws 2.4% over the past 24 hours and withdrew from $ 5.21 to $ 5.08, although it showed intraday force. After hit a low level of $ 4.97, Rebound Token up to 3.2% to reach a local height of $ 5.13 before consolidating about $ 5.06- $ 5.08, according to

Bonk traded under sustained sales pressure Wednesday, which fell 3.9% to $ 0.00002383 in 24 hours. The Solana-based Memecoin swung between a high of $ 0.00002486 and a low level of $ 0.00002360, an interval that translated to 50.3% volatility, well above the ALTCOIN average, according to Coindesk Research’s technical analysis data model. Several attempts

In the financial markets, Startups have long tried to market themselves as “tech companies” in the hope that investors will appreciate them with technical-business multipling. And often they do – at least for a while. Traditional institutions learned this the hard way. During the 2010s, many companies shrinked to move themselves as technology companies. Banks,

The Philippines Securities and Exchange Commission (SEC) said it can take steps towards crypto exchanges, including OKX, Bybit and Bitget for operation without appropriate registration and warned the public against using the platforms. In a message dated August 4, the Commission also appointed Mexc, Kucoin and Kraken as being available without being registered and in

The Solana search phone is not your average smartphone, nor will it be. Builds on lessons from its predecessor, the saga, Solana Mobile’s latest device genimagine what a crypto-native phone can be. Less, lighter and boast of a prolonged battery compared to its predecessor, the seeker aims to improve the user experience while doubling on

SEC’s Division of Corporation Finance issued a staff statement on Tuesday, stating that properly structured fluid control protocols and their receipt token do not generally constitute securities under US law. This clarity has led to modest upticks in token prices and protocol activity. Lidos Government, LDO, increased by approx. 4.5%, from $ 0.88 to $