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Blockchain
Bitcoin Slips Below $24K Amid New Inflation Data; Coinbase’s New Layer 2 Blockchain Has Rocky Rollout
Bitcoin (BTC) failed to recapture the $24,000 support level following the release of the personal consumption expenditure (PCE) index, also referred to as the Fed's favorite inflation gauge. Plus, crypto exchange Coinbase’s new layer 2 blockchain Base had a rough start on Thursday, drawing a stream of complaints from users on social media.
Coinbase Rolls Out Layer 2 Blockchain Base to Provide Onramp for Ethereum, Solana
Crypto exchange Coinbase (COIN) launched Base, a layer 2 network built using Optimism's OP Stack, providing easy and secure access to Ethereum, Optimism, Solana, and other blockchain ecosystems. "The Hash" panel discusses the launch in the latest move bringing a new wave of mainstream crypto adoption.
Crypto Developer Activity Reveals Healthy Growth of the Industry Despite Industry Winter
Despite the decline in weekly commits from 2022 to 2023, weekly active developers across the crypto ecosystem have grown steadily over the past three years as there are more active developers in this year’s bear market compared to the bear market in 2020. "The Hash" panel discusses the growth of developer activity and what it suggests about the blockchain ecosystem amid a continued downturn in the markets.
Why Lawmakers Shouldn’t Back Sen. Warren’s Latest Crypto Bill
ConsenSys Senior Counsel and Director of Global Regulatory Matters Bill Hughes explains why U.S. lawmakers should not back Sen. Elizabeth Warren (D-Mass.)'s latest crypto bill. Urging everyone in the United States to register with the Federal government will not "stop illicit finance on blockchain," he said.
Deutsche Bank Completes Asset Management Test With Memento Blockchain, Putting Domani's DEXTF Tokens Into Focus
The collaboration between Deutsche Bank and Memento Blockchain aims to address the challenges associated with launching and accessing digital asset funds.
Crypto Was Singapore's Top Area of Fintech Investment in 2022 Despite Global Slowdown: KPMG
For 2023, KPMG has predicted that it is "likely investments in crypto-focused firms will remain very slow."
Blockchain Security Firm Ironblocks Raises $7M From Collider Ventures, Disruptive AI and Others
The fundraise follows a record year of crypto losses to hackers.
Conflux Network to Build Blockchain-Based SIM Cards in Partnership With China Telecom
China Telecom will launch the first BSIM pilot program in Hong Kong later this year, Conflux Network said.
