This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other key stories. Bancolombia’s Wenia Expands with Solana and Arbitrum Integration Bancolombia’s crypto platform, Wenia, has expanded its offerings by integrating the Solana and Arbitrum networks, allowing users to …
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With all the shifts happening in the crypto scene, big names like Ethereum, Solana, and Avalanche may seem a bit overdone or old hat. However, there’s a new wave of tokens that are raring to go. Despite some uncertainty, these 5 fresh faces appear promising. Read on if you’re curious …
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Nillion integrates with NEAR Protocol, enhancing privacy tools for developers
by Daniel Kuhnby Daniel KuhnNillion, a “blind computing” platform, is integrating with the Layer-1 Protocol, its second such network launch in recent weeks. The integration will provide developers with tools to enhance data privacy and storage while designing applications. “This collaboration is about expanding what’s possible on NEAR and empowering developers to create solutions …
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The regulator claimed Kraken violated federal securities laws when it offered certain digital assets, which qualify as unregistered securities. Kraken said ADA, ALGO, SOL, and other assets do not meet the legal definition of securities under US law. The exchange also slammed the SEC for the lack of clarity, calling …
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After reaching a combined market capitalization of $1.25 billion in early June, the valuation has plummeted nearly 90%, now standing at $154.9 million. PolitiFi meme coins emerged in mid-2023, with TRUMP debuting in August and setting the stage for other similar tokens. The sector saw a strong rally during the …
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Despite these concerns, Tether has recently emerged as one of the most profitable crypto companies globally, reporting massive quarterly profits. In a letter aimed at protecting consumers, addressed to Washington Governor Jay Inslee, Consumers’ Research criticized Tether for failing to conduct an audit to prove that its USDT stablecoin is …
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How Ethereum Founder Vitalik Buterin Defines 'Stage 1+' Layer-2 Networks
by Will McCurdyby Will McCurdyEthereum founder Vitalik Buterin has said that from 2025 onwards he plans to only publicly mention layer-2 networks that are “Stage 1+”. Buterin, who has 5.4 million followers on Twitter and is arguably among one of crypto’s most influential voices, says he may make some exceptions to the rule. For …
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This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices CoinDesk 20 Index: 1,849.02 +0.94% Bitcoin (BTC): $58,248.56 +0.33% Ether (ETH): $2,369.12 +0.95% S&P 500: 5,595.76 +0.75% Gold: $2,567.76 +0.37% …
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Coinbase launched the cbBTC in response to issues surrounding BitGo’s Wrapped Bitcoin (WBTC). It is available on Ethereum and Coinbase’s Base network and can be used in various decentralized finance (DeFi) platforms. According to Justin Sun, cbBTC marks “a dark day for Bitcoin,” fronting risks to DeFi because of centralized …
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ParaFi Capital tokenizes portion of $1 billion venture funding on Avalanche via Securitize
by James Huntby James HuntVenture firm ParaFi Capital is tokenizing part of its more than $1 billion of assets under management on the Avalanche blockchain in collaboration with the real-world asset tokenization platform Securitize. ParaFi is a prominent investor in the crypto industry that recently raised $120 million to buy stakes in other digital …