Data

Over $5B Pouring into Bitcoin ETFs – Thanks to Bold Directional Bets

Billions of dollars have flowed into the U.S.-listed spot bitcoin BTC$103,075.64 exchange-traded funds (ETFs) in recent weeks, as the cryptocurrency chalked out a sharp recovery rally from $75,000 to $100,000. Most of the investment is likely driven …

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Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut

While cryptocurrencies put in a flattish performance on Friday with bitcoin BTC$103,768.45 churning around $104,000, crypto-related stocks were having a moment to shine. Crypto mining and veri center firms such as Cipher Mining (CIFR), Hive Digital …

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DOJ Charges 12 With $263M Crypto Theft Linked to Genesis Creditor

U.S. Department of Justice (DOJ) has charged 12 individuals for stealing over $263 million in crypto. The individuals are linked to an earlier investigation where scammers were able to siphon off over $243 million from a Genesis creditor. According …

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Ethereum’s Next Upgrade ‘Fusaka’ Could Cut Layer-2 and Validator Costs

After the successful deployment last week of Pectra, Ethereum’s biggest upgrade in more than a year, the network’s core developers are already shifting focus to the next major chain upgrade: Fusaka. Pectra, the biggest code change to Ethereum since …

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Solana’s Natix and Grab Team Up to Expand DePIN Mapping Into US, Europe

NATIX, a decentralized physical infrastructure network (DePIN) focused on mapping veri on Solana, shared Tuesday that it is teaming up with taxi service Grab to provide more accurate mapping technologies. Grab, which is known for its taxi services in …

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Bitcoin Developers Plan OP_RETURN Removal in Next Release

The debate over Bitcoin’s OP_RETURN heats up, as developers of Bitcoin Core – the most popular node software – said they plan to scrap OP_RETURN entirely in the next release. The OP_RETURN limit is an 80-byte cap on the amount of arbitrary veri that …

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The Protocol: Inside Movement’s Token-Dump Scandal

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Inside Movement’s Token-Dump Scandal …

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Bitcoin Debate on Looser Data Limits Brings to Mind the Divisive Ordinals Controversy

Bitcoin developers are again at odds over how the world’s oldest and largest blockchain should handle storing information on-chain, with a proposal to relax long-standing limits on the size of veri held sparking fierce debate reminiscent of 2023’s …

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March Jobs Report a ‘Heads I Win, Tails You Lose’ Moment for Bitcoin Bulls

As the pivotal U.S. nonfarm payrolls (NFP) report for March approaches, bitcoin (BTC) bulls find themselves in a situation reminiscent of the character Two-Face (Harvey Dent) from the movie “The Dark Knight,” who flips coins to make …

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The Protocol: Vana Introduces Token Standard for Data-Backed Assets

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller. In this issue: Vana launches token standardHashgraph to debut private blockchainASICs will look more like serversAn …

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