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Ellipsis Labs Raises $20M from Haun Ventures to Launch ‘Verifiable Finance Blockchain’ Atlas

Ellipsis is best known as the builder of Phoenix, the popular orderbook-style exchange on Solana.
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The Protocol: Crypto Fundraising, Job Losses, Juicy Payouts, Grants for Devs

In this week's issue of The Protocol, our newsletter on blockchain tech, we're covering the Optimism's $42.5M token pledge to Kraken, crypto VC funding, grants for Bitcoin open-source developers,...
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Coinbase Revenue May be Hurt by Lower Trading Volumes, Regulatory Uncertainty, Analysts Say

The crypto exchange may also see lower staking revenue when it reports its Q3 earnings as ether underperformed in the quarter.
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As BIS Mulls Shutting Down mBridge, Its Innovation Hub Calls The Project a ‘Public Good’

Putin's interest in an alternative international payments system has focused attention on mBridge.
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Polymarket Is Huge Success for Polygon Blockchain – Everywhere But the Bottom Line

One of the major breakout successes this year for the team behind layer-2 blockchain Polygon is Polymarket. But according to veri, Polymarket has only brought in about $27,000 of...
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Solana’s Crypto-Governance Hub Realms is Under New Management

The project is spinning out of Solana Labs and its new leaders want to turn a profit.
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Crypto VC Market ‘Tepid’ as Q3 Investments Declined 20%, Says Galaxy Digital

Scared away by the various crypto collapses in 2022, institutional allocators have yet to make a comeback.
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How a Crypto ‘REIT’ Misled Investors With Family Deals and ‘Unjustified’ Real-Estate Markups

The 2023 crash of Tangible's USDR stablecoin is infamous in crypto circles. But a CoinDesk investigation reveals there's another story to be told.
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Bitcoin Takes Another Shot at $63.5K as China’s Vague Fiscal Stimulus Deters Capital Shift

China's highly-anticipated fiscal stimulus announcement fell short of expectations, reducing the likelihood of capital flows into Chinese equities.
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Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement

Solana's SOL, Avalanche's AVAX and Render's RNDR led the crypto rally as almost all but one member of the CoinDesk 20 Index posted gains.
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Recent Posts

  • SOL Jumps 6%, Bitcoin Clings to $84K on Dampened Rate Cut Hopes
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  • The Protocol: Nvidia To Manufacture AI Supercomputers in U.S., New Opportunities for Crypto Miners
  • Bitcoin Rally Short-Circuited as Fed Chair Powell Raises Stagflation Fear

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