Updated Jan 30, 2025, 1:17 p.m. UTCPublished Jan 30, 2025, 2:00 p.m. UTC Elastos, a project looking to turn Bitcoin into a more fruitful base for decentralized finance (DeFi), has raised $20 million towards that goal. Elastos, a decentralized infrastructure provider, aims…
Updated Jan 30, 2025, 1:38 p.m. UTCPublished Jan 30, 2025, 1:37 p.m. UTC Apollo, an investment firm with over $730 billion in assets under management, is offering investors a new tokenized private credit fund with the help of security token specialist Securitize.…
Jan 30, 2025, 9:19 a.m. UTC Dutch bank ABN AMRO has conducted an onchain trade of tokenized assets against stablecoins alongside Germany-regulated 21X. The two firms completed a joint proof of concept (PoC) for the issuing of a token on the…
Jan 30, 2025, 10:25 a.m. UTC The cost of using Avalanche, a DeFi-focused smart-contract blockchain, has slumped since the implementation of the Avalanche9000 upgrade on Dec. 16, sending the number of transactions up by more than a third. Since the upgrade,…
Jan 29, 2025, 9:59 p.m. UTC Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller, CoinDesk’s Opinion and Features editor. In this issue: MOVEMENT LABS ROLLS OUT DEVNET: Blockchain firm Movement…
Jan 29, 2025, 9:47 p.m. UTC Cardano, the layer-1 blockchain launched in 2017 by Ethereum co-founder Charles Hoskinson, activated its highly anticipated “Plomin” upgrade on Wednesday, ushering in the ecosystem’s long-awaited move towards a decentralized governance system. With the Plomin upgrade…
JPMorgan CEO Jamie Dimon has criticized Bitcoin again, claiming it has no intrinsic value and is often misused by bad actors. He also compared Bitcoin to smoking, saying people may have the right to do it, but that doesn’t make…
Crypto mining hardware sales have tripled in Russia year-on-year, one of the nation’s top Bitcoin mining experts has claimed. Speaking to the Russian news outlet Prime, Sergey Bezdelov, the head of the Industrial Mining Association said that “in the fourth…
A federal grand jury in Georgia has indicted three Russian nationals for operating cryptocurrency mixing services Blender.io and Sinbad.io, accusing them of money laundering. Roman Vitalyevich Ostapenko and Alexander Evgenievich Oleynik, who were arrested last month, face charges of laundering…
New York Attorney General Letitia James has taken legal steps to recover over $2 million in cryptocurrency stolen through an elaborate scam targeting individuals seeking remote job opportunities. The scheme involved scammers sending text messages promising flexible, high-paying jobs. Victims…