Stellar Upgrade Triggers Trading Pauses on Major Exchanges, XLM Faces Resistance

South Korean crypto exchange Upbit temporarily suspended trading in Stellar’s XLM token on Tuesday, a precautionary move as the Stellar network readies for its Protocol 23 upgrade. The scheduled modernization, set for Sept. 3, is expected to enhance scalability and accelerate transaction speeds, prompting several exchanges to adopt stability...
Read More

The Protocol: Solana Community Approves Alpenglow Upgrade

Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Solana Set for Major Overhaul After 98% Votes to Approve Historic ‘Alpenglow’ Upgrade Ethereum Foundation to Unload Another 10K ETH Following SharpLink Deal...
Read More

BNB Gains 1.5% as Corporate Accumulation Eyes Larger Share of Supply

BNB rose nearly 1.5% in the last 24-hour period to test the $860 mark and is at near multisession highs after breaking key resistance zones in the upward move. The move came on unusually strong buying pressure in the most recent hour of trading, according to CoinDesk Research’s technical analysis...
Read More

HBAR Surges 3% as Volume Spikes Signal Breakout Potential

Hedera’s native token, HBAR, showed signs of bullish momentum over the past 24 hours, gaining 3% while weathering moderate market turbulence. Between September 2 at 15:00 and September 3 at 14:00, the digital asset advanced from $0.22 to finish near session peaks, with its trading range spanning 5% of...
Read More

Etherealize Raises $40M to Bring Ethereum to Wall Street

Etherealize, a startup developing infrastructure to help Wall Street institutions adopt Ethereum, has raised $40 million in Series A funding, co‑led by Electric Capital and Paradigm. The new capital builds on an earlier grant from Vitalik Buterin and the Ethereum Foundation and will help fund Etherealize’s push to develop...
Read More

Bullish Gets Cautious Outlook from Compass Point

Wall Street banking and research firm Compass Point has initiated coverage of crypto platform Bullish (BLSH), the parent company of CoinDesk, with a neutral rating and a $45 price target. Despite a belief that Bullish’s lower fee structure could help it chip away at Coinbase’s (COIN) U.S. market share...
Read More