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Blast, Hyped Layer-2 Chain, Sees Most Deposits Leave Within 1 Day of Going Live

The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to...

The Protocol: Bitcoin’s Call for Volunteers, Ethena’s USDe, Blast’s Blast-Off

In this week's issue of CoinDesk's newsletter on blockchain technology, we've got an exclusive interview with Stacks co-creator Muneeb Ali. PLUS: More than $200 million of blockchain project fundraisings.

Solana Veterans Raise $17M For ‘Backpack’ Crypto Wallet, Exchange

Armani Ferrante's and Tristan Yver's startup raised the funds at a $120 million valuation.

Bitcoin Bulls Target $69K Lifetime Highs Ahead of Halving

An expected pre-halving rally is a good spot to realize short-term profits, one market observer said.

Senator Warren Hits Out at Crypto Again, Says Industry Needs to Follow the Same Rules as TradFi

Warren reiterated her disdain for the industry in an interview.

Days After Ditching Aave, Risk Manager Gauntlet Moves to Rival Lender Morpho

According to Gauntlet, the move offers the potential for more money with greater flexibility.

Stablecoin Market Cap Hits $140B, Highest Since 2022 Amid USDC Resurgence, Tether Growth

Stablecoin supply is a "thermometer" for money flows entering the crypto market, one analyst noted.

Ether is Now the Largest Institutional Crypto Asset: Bybit Research

Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of a potential upward swing from the Dencun upgrade

Avail, an Ethereum Data Network to Rival Celestia, Raises $27M In Seed Round

The funds will be used to build out its three core products, "Avail DA," "Nexus" and "Fusion Security."

First Mover Americas: Bitcoin Correction Could Be Approaching

The latest price moves in crypto markets in context for Feb. 26, 2024.