Also: An Ethereum dev's defection to Solana; Polygon's big proving-system flex; crypto's most influential Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Marc Hochstein, CoinDesk's deputy editor-in-chief for features, opinion and…
BitGo launches a global platform offering trading, staking, and wallet solutions Retail users will get cold storage, self-custody, and seamless wallet fund transfers US sign-ups will enter a prize draw to win one Bitcoin BitGo, a prominent cryptocurrency custodian, has…
In so doing, Polymarket's founder demonstrated a real-world consumer use case for crypto, earning him a spot on CoinDesk's Most Influential 2024 list. For decades, prediction markets were a backwater, a science experiment. In 2024, Shayne Coplan, founder of Polymarket,…
Telcoin aims to become the first regulated crypto bank and issuer of stablecoins. Telcoin’s Digital Asset Depository Charter hearing is set for December 5, 2024. Approval of Telcoin Bank’s charter is expected in early 2025 following the hearing. Telcoin, Inc.…
The co-founder of NEAR is working to create a full ecosystem for decentralized AI. There are many in the Web3 space who have only recently jumped into AI. Illia Polosukhin isn’t one of them. Long before he co-founded the decentralized…
OpenAI, a leader in artificial intelligence (AI) development, has received a significant $1.5 billion investment from SoftBank, sparking renewed interest in AI-driven cryptocurrencies. Meanwhile, a new player is emerging in the crypto AI space: iDEGEN, an innovative community-powered AI project.…
Helium was a DePIN long before DePIN was a word. Long-time COO Mong is gratified to see (literally) a thousand projects emulating its economic model in 2024. As (literally) a thousand DePIN projects bloomed in 2024, they could thank one…
HARD.fun allows users to easily create memecoins with Kava’s AI chatbot. The platform is community-driven, with governance and tokenomics voted on. The platform offers cross-chain support, spanning Kava, Ethereum, Cosmos, and more. Kava, a secure and fast Layer-1 blockchain combining…
The founder of DEX ShapeShift has launched a new AI platform that’s meant to be a safer and more neutral alternative to ChatGPT and Claude. “Crypto + AI” is personified by Erik Voorhees. His career has spanned the eras. In…
Ramp Network now supports real-time MXN payouts via the SPEI payment system. Users can sell crypto and receive funds in their bank accounts within 30 seconds. SPEI offers lower fees and operates 24/7, enhancing crypto-to-fiat transactions in Mexico. Ramp Network,…