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Tech

Espresso, Project for Composability Between Blockchains, Pushes Main Product Live

According to the team, the new "confirmation layer" will be a critical piece of infrastructure for composability among layer-2 rollups, allowing two networks to read and trust each other's blocks of transaction data.

CEO of Espresso Systems Ben Fisch (Espresso Systems)

Markets

How This Crypto Hedge Fund Nailed the Trump Trade

Quinn Thompson, the founder of crypto hedge fund Lekker Capital, shared with CoinDesk why he was so confident Donald Trump would win the U.S. presidential election despite the polls.

PRESCOTT VALLEY, ARIZONA - OCTOBER 13: U.S. Republican presidential nominee, former President Donald Trump dances during a campaign rally at Findlay Toyota Center on October 13, 2024 in Prescott Valley, Arizona. With leaders of the Border Patrol union in attendance, Trump pledged to hire 10,000 additional border patrol agents if reelected, intensifying his attacks on Democratic opponent Kamala Harris on the issue.  (Photo by Rebecca Noble/Getty Images)

Finance

Will U.S. Election Change Crypto? Maybe, but TradFi Giants Likely to Plow Ahead Regardless

Just this week, in the run-up to Election Day, some big finance projects were announced — suggesting no worries about the road ahead.

The U.S. election may have some short term impact on the crypto industry but TradFi giants are likely to plow ahead regardless of the results. (Douglas Rissing/Getty Image)

Finance

'There's No Catch': Bitcoin Mining Startup Promises Free Money to Renewable Energy Companies

Bitcoin mining could eventually help develop a global index for the price of electricity, according to Sangha Renewables President Spencer Marr.

Spencer Marr, president and co-founder of Sangha Renewables (Spencer Marr).

Finance

Stripe's $1.1B Acquisition Target, Bridge, Buys Web3 Wallet Platform Triangle

Bridge acquired Triangle for an undisclosed amount.

Triangle founder Tasti Zakarie. (Triangle)

Tech

Bitcoin Rollup Citrea Aims to Make BTC a Programmable Asset With ZK Proofs, Raises $14M Series A

The goal of allowing greater utility on the Bitcoin blockchain is one of almost existential importance, according to Citrea.

Citrea's co-creators (Citrea)

Finance

Archax to Buy Spanish Broker King & Shaxson Capital Markets to Expand in Europe

Completion of the acquisition is subject to regulatory approval in Spain.

(engin akyurt/Unsplash)

Policy

Crypto Lobby Group CCI Expands Its Reach by Absorbing Proof of Stake Alliance

The Crypto Council for Innovation has integrated with the Proof of Stake Alliance and secured partnerships with other policy groups in Japan and the U.K.

Sheila Warren's Crypto Council for Innovation is absorbing the Proof of Stake Alliance, which will retain its executive director, Alison Mangiero. (photo illustration by Jesse Hamilton/CoinDesk)

Finance

Solana-Based RWA Platform AgriDex Taps Stripe's Bridge to Lower Cost for Agricultural Trade Settlements

AgriDex is an example of how stablecoins are being increasingly used as a payment vehicle in emerging regions as a cheaper alternative for traditional banking rails.

Agriculture (Pete Linforth/Pixabay)

Finance

An Arctic Circle Bitcoin Mine Will Heat a Building in a Fishing Village

Retail-focused Sazmining is starting a modest-sized bitcoin mining operation, using hydropower, in a small Norwegian fishing town.

A Norwegian town (Michael Fousert/Unsplash)