Technology

Also in this issue: Aptos Labs' leadership shift and Sonic's airdrop to TikTok users. Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. In this week’s issue of the Protocol newsletter: Trump’s crypto…

The integration allows BOB, a "hybrid L2," to use Bitcoin as its anchor chain where transactions with assets from other chains can be irreversibly recorded. What to know: Hybrid layer-2 network BOB, which wants to make Bitcoin the center of…

Intesa Sanpaolo Bank buys $1 million in Bitcoin The bank is the first Italian bank to invest in crypto The move is a low-risk experiment with digital assets in preparation for potential client demand In a pioneering move for Italy’s…

Revolut has joined Pyth Network as a data publisher to support reliable DeFi price feeds. The partnership bridges traditional finance and DeFi using blockchain technology. Revolut serves 45M users globally and its partnership with Pyth expands its web3 financial ecosystem.…

Genre-defining launch of a play-to-earn mobile MMORPG that blends strategy, adventure, and cutting-edge technology, powered by GPS, AR, AI, and blockchain planned for this year For the past three years, the team behind Chaos on the Chains has been quietly…

The banking giant is building a rollup on Ethereum using ZKsync technology developed by Matter Labs. Banking giant Deutsche Bank is building out a layer-2 rollup network on Ethereum with ZKsync technology developed by Matter Labs. Bloomberg reported the project…

The team had originally planned for Ink to go live in early 2025, so the launch of the main network is ahead of schedule. What to know: Kraken launched its layer-2 network, called Ink, on Wednesday. The blockchain, which is…

The venture between BitGo and BiT Global provided a reminder of the distrust many BTC holders still have for centralized custody, according to a new report What to know: Many users of Bitcoin token wBTC (WBTC) were dismayed to find…

Bitflow's automated market maker uses Stacks' Nakamoto upgrade with the aim of addressing some shortcomings inhibiting Runes trading. What to know: An automated-market maker for Runes is being deployed on Stacks. It's the first AMM for such tokens on that…

MEXC, a global leader in cryptocurrency trading, has officially launched 300x leverage for BTC and ETH USDT-margined Futures trading pairs. This new feature allows investors to capitalize on market opportunities quickly during a bull market, maximize capital efficiency, and unlock…