Layer-2 Network Starknet Gets Ethereum Virtual Machine With Zero-Knowledge Proofs
The zkEVM, called Kakarot, already in testing, will be available via the Starknet Stack.
https://www.coindesk.com/tech/2024/05/22/layer-2-network-starknet-gets-ethereum-virtual-machine-with-zero-knowledge-proofs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
CoinDesk
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Latest headlines from Coindesk.
Humanity Protocol Raises $30M at $1B for Decentralized Identification to Rival Worldcoin
While Worldcoin's technology is based on iris scans, Humanity Protocol uses palm prints.
https://www.coindesk.com/business/2024/05/15/humanity-protocol-raises-30m-at-1b-for-decentralized-identification-to-rival-worldcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Robinhood Wells Notice Shouldn’t Deter Eventual Approval of an Ether Spot ETF: JPMorgan
The potential legal action against Robin Hood should be viewed as a continued attempt by the SEC to reinforce its position that all crypto tokens outside bitcoin and ether should be classified as secu...
https://www.coindesk.com/markets/2024/05/09/robinhood-wells-notice-shouldnt-deter-eventual-approval-of-an-ether-spot-etf-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin Could Benefit From U.S. Fiscal Dominance and a Trump Win, Standard Chartered Says
A Trump election win could be positive for crypto as his administration would likely push for a more supportive regulatory environment, the report said.
https://www.coindesk.com/business/2024/05/07/bitcoin-could-benefit-from-us-fiscal-dominance-and-a-trump-win-standard-chartered-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.
https://www.coindesk.com/business/2024/05/01/bitcoin-could-drop-further-to-as-low-as-50k-standard-chartered-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Stablecoin Bill Could be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg
U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday "We are on our way to getting a stablecoin bill in the shor...
https://www.coindesk.com/policy/2024/04/25/stablecoin-bill-could-be-ready-for-the-us-house-soon-says-top-democrat-maxine-waters-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
'Buy Bitcoin' Sign Sold for Over $1M at Auction
Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
https://www.coindesk.com/business/2024/04/25/buy-bitcoin-sign-sold-for-over-1m-at-auction/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin Pioneer Hal Finney Posthumously Wins New Award Named for Him
https://www.coindesk.com/consensus-magazine/2024/04/19/bitcoin-pioneer-hal-finney-posthumously-wins-new-award-named-for-him/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin Dips Below $60K as Israel Launches Strike on Iran
Iran's first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold.
https://www.coindesk.com/markets/2024/04/19/bitcoin-dips-below-60k-as-israel-launches-strike-on-iran/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Runes, Casey Rodarmor's Protocol for 'Sh!tcoins' on Bitcoin, Set to Go Live at Halving
Rodarmor created last year's breakout Ordinals protocol, which is used to create non-fungible tokens (NFTs) on Bitcoin. Now, he says the relevance of protocols like his new Runes, used to create fungi...
https://www.coindesk.com/tech/2024/04/17/runes-casey-rodarmors-protocol-for-shtcoins-on-bitcoin-set-to-go-live-at-halving/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
OG Bitcoin L2 Stacks Is Getting a Major Overhaul
The Nakamoto update will decouple block production from Bitcoin itself, solving the problem of network congestion Stacks has had since it launched its mainnet in 2021.
https://www.coindesk.com/tech/2024/04/16/og-bitcoin-l2-stacks-is-getting-a-major-overhaul/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Halving Highlights Why Bitcoin Needs to Upgrade
Higher fees from Ordinals and BRC-20 may be good for miners but they risk pushing activity to the fragmented world of L2s and harming adoption of Bitcoin around the world. Proposals for “OP_CAT” and C...
https://www.coindesk.com/consensus-magazine/2024/04/12/the-halving-highlights-why-bitcoin-needs-to-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Ordinals Defy Bitcoin's Design Principles but Offer Miners Huge Post-Halving Advantages
Ordinal inscriptions and BRC-20 tokens are controversial for using up valuable space on the Bitcoin network. But, with rewards set to be cut in half, they offer a lifeline for miners as they adapt to ...
https://www.coindesk.com/consensus-magazine/2024/04/10/ordinals-defy-bitcoins-design-principles-but-offer-miners-huge-post-halving-advantages/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
What the Ethereum Community's Staking Argument Is Really About
The Ethereum community is debating the power and responsibilities of the Ethereum Foundation, which some think is playing central banker by suggesting changes to the ether issuance formula.
https://www.coindesk.com/consensus-magazine/2024/04/05/what-the-ethereum-communitys-staking-argument-is-really-about/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Cultivating Diversity, Inclusion and Humanity in the Crypto Community
As we enter another bull run, how do we make sure the crypto rocketship doesn’t become another boys’ club?
https://www.coindesk.com/consensus-magazine/2024/04/03/cultivating-diversity-inclusion-and-humanity-in-the-crypto-community/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Craig Wright Assets Frozen by UK Judge to Prevent Him Evading Court Costs
Judge James Mellor found earlier this month that Wright was not, as he'd claimed, Bitcoin inventor Satoshi Nakomoto
https://www.coindesk.com/policy/2024/03/29/uk-judge-freezes-craig-wright-assets-to-prevent-him-evading-court-costs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Base Blockchain Transactions Jump on Meme Coin Led Frenzy
The blockchain could see huge traction among retail audiences due to its proximity to the prominent Coinbase exchange, a sentiment that’s driving activity and growth of native Base tokens.
https://www.coindesk.com/markets/2024/03/26/base-blockchain-transactions-jump-on-meme-coin-led-frenzy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Remembering ‘True Names’ Author Vernor Vinge
Known for popularizing the term “singularity,” the cypherpunk writer, who died this week, was prophetic about the age of artificial intelligence and cryptocurrency.
https://www.coindesk.com/consensus-magazine/2024/03/22/remembering-true-names-author-vernor-vinge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
3AC Co-Founder Kyle Davies Says He Won’t Apologize for Crypto Hedge Fund Going 'Bankrupt'
Kyle Davies, the co-founder of the now-defunct Three Arrows Capital, has stated that he is not sorry for the company going bankrupt.
https://www.coindesk.com/policy/2024/03/20/3ac-co-founder-kyle-davies-says-he-wont-apologize-for-crypto-hedge-fund-going-bankrupt/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Why Diversification Matters for Crypto, Too
The rise of Bitcoin may tempt investors to ask “Why Not 100% Bitcoin?” Here’s why.
https://www.coindesk.com/business/2024/03/13/why-diversification-matters-for-crypto-too/?utm_medium=referral&utm_source=rss&utm_campaign=headlines