There’s something that stands out about Monday’s suspicious transfer of more than 3,520 BTC ($330.7 million) to privacy coin monero (XMR), a conversion that blockchain sleuth ZachXBT said was probably linked to a hack: coordinated activity in the derivatives market. Monero, which obscures the sender’s and recipient’s addresses to provide an untraceable currency, has limited … Read more
Amazon is bringing back its annual sales event, Prime Day, in July, the e-commerce giant said on Tuesday. This year, consumer demand for the popular sale event could be dampened by the possibility of tariffs increasing the cost of goods. To highlight the impact of President Trump’s tariffs, Amazon will reportedly begin to display the … Read more
Key takeaways: Strong Ethereum ETF inflows signal high institutional demand. Ethereum’s $51.8B TVL and 30% DEX weekly volume rise show robust network strength. A bull flag pattern on the ETH’s four-hour chart targets $2,100. Ether’s (ETH) price rose to a new range high at $1,860 on April 28, its highest value since April 2. Several … Read more
Miden has raised millions to spin out from Polygon Labs, expand its team, and launch a blockchain protocol focused private transactions.
The United States’ rejection of a central bank digital currency has not halted the progress of CBDCs globally, but their success has been questionable so far, according to a former Binance executive. Global CBDC projects have not failed, but they have also not become what they were anticipated to be, according to Olga Goncharova, CEO … Read more
The startup’s enzymes modify a cow’s microbiome using enzymes, slashing methane while boosting the nutrients available to the cow.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2780.05, up 0.4% (+9.87) since 4 p.m. ET on Monday. Nine of 20 assets are trading higher. Leaders: BCH (+6.3%) and ETH (+1.8%). Laggards: SUI (-2.6%) and HBAR (-2.1%). … Read more
When it comes to creating images of the earth from above, satellites, drones and planes are the air and spacecraft that tend to come to mind. But a startup called Near Space Labs is taking a very different approach to high-resolution photos from up high. It’s building aircraft that are raised by helium balloons and … Read more
On April 14, someone put in a sell order for 2,500 bitcoin, worth roughly $212 million, on the Binance order book at $85,600, around 2-3% above the spot prices trading at the time. Seeing such a large order, the bitcoin price started to gravitate to this level at around 17:00 UTC. Suddenly, the order was … Read more
The Beijing city administration has announced a plan for local blockchain development and implementation over the next two years. According to an April 29 announcement, the plan was jointly developed by the Beijing Municipal Science and Technology Commission, the Zhongguancun Administrative Committee, the Cyberspace Administration Office, the Bureau of Government Services and Data, the Bureau … Read more
How Sogni and Salad Plan to Decentralize AI Processing Power As generative AI models become more complex and demanding, the question of how to power them efficiently and affordably becomes increasingly urgent. Sogni AI, a decentralized platform for creative AI tools, has announced a strategic partnership with Salad Technologies, a distributed GPU provider. The collaboration … Read more
2024 was shaping up to be the year Congress regulated how kids engage with social media, particularly through one bill, the Kids Online Safety Act (KOSA). A debate about its risks to free expression still raged, but the voices of the bill’s advocates seemed to ring loudest in senators’ ears. The momentum was there. The … Read more
The Petal camera offers over a month of battery life that can be extended nearly indefinitely using a solar panel. | Image: Wonder Bird Buddy’s camera-equipped smart feeders helped make bird-watching more accessible and easier by autonomously documenting all the wildlife that stopped by to eat. The company’s new Petal camera is designed to do … Read more
The dog-themed bonk inu (BONK) token on Solana could be one to watch for in the coming weeks as a new token issuance platform uses part of its fees to buy the token, with nearly $1 million generated in the first three days after launch. Letsbonk.fun, built by members of the BONK community and Raydium, … Read more
On Tuesday morning, the social media platform Bluesky experienced back-to-back outages that prevented feeds from loading for many users around the world. An initial outage started at about 6AM ET, as tracked by Downdetector, lasting about 40 minutes, and then things crashed again at about 8AM. Bluesky experienced another major outage on April 24th that … Read more
Miden, a protocol specializing in privacy and fast transaction speeds for large institutions, is spinning out of Polygon and has raised $25 million in a seed round. The funding will be used to develop the Miden’s roadmap, including ecosystem expansion and developer tooling. This round was led by a16z crypto, 1kx and Hack VC, with … Read more
A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs. Miden closed its $25 million seed rounds led by a16z Crypto, 1kx, and Hack VC, with participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, MH Ventures, as well as from angel investors, including … Read more
The LG Wing (pictured) was one of the last phones released by the company before it exited the industry in 2021. Time is running out for people who are still using LG phones to download any remaining Android updates before their devices are fully retired. After closing its Android phone business back in 2021, Android … Read more
On the evening of April 28th, Amazon embarked on its latest venture to rival SpaceX Starlink: the first launch of its Project Kuiper satellites. With 27 satellites now in orbit around the Earth, Amazon joins a growing number of companies working to put more than 1,000 satellites each into space to create their own mega … Read more