Tag: News

Tech stocks climbed to new highs early Wednesday, with the Nasdaq 100 briefly touching 22,329 points after the opening bell, surpassing its previous peak from February 19. Yet, by midday trading, the rally lost steam, with major indices giving back early gains. By 12:30 p.m. ET, the Nasdaq 100...

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SoFi Technologies is relaunching spot cryptocurrency trading on its platform, with users able to buy, sell, and hold crypto as well as undertake global remittances. The online banking and financial services company’s move to relaunch crypto trading will see its…...

Ethereum faces widespread perception as a network in crisis. It has been characterized as a platform plagued by governance upheaval, community fragmentation, and high gas fees. Additionally, Ethereum receives a lot of criticism for its slow performance, which lags behind Bitcoin’s institutional appeal and Solana’s speculative excitement. This narrative...

Solana’s SOL SOL token is trading at $144.04, down 0.62% in the past 24 hours, after briefly climbing as high as $147.73 earlier in the session, according to CoinDesk Research’s technical analysis model. The move came amid a spike in trading volume and fresh commentary from Syncracy Capital Co-Founder...

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter. In this issue: Ethereum Developer Proposes 6-Second Block Times to Boost Speed ZKsync’s Airbender zkVM Proves Ethereum Blocks in 35 Seconds Norway Plans Ban on...

Barclays (BARC), one of the U.K.’s largest banks, said it will stop customers using their credit cards to purchase cryptocurrency by the end of the week. The London-based company will block cryptocurrency transactions on its Barclaycard-branded payment cards starting June 27, it said on a website page published Wednesday....

Zama, a cryptography company pioneering fully homomorphic encryption (FHE) for blockchains, said it raised $57 million in a series B round co-led by Blockchange Ventures and Pantera Capital. The team said the fundraise pushes Zama’s total capital raised to over $150 million and values it at over $1 billion,...

Cardano’s ADA ADA token is trading at $0.5679, down 2.78% in the past 24 hours, after erasing an earlier price rebound, according to CoinDesk Research’s technical analysis model. Despite briefly pushing higher during the latter half of the session, ADA failed to retain upward momentum and slipped toward its...

Moca Network, the identity ecosystem of Web3 investment giant Animoca Brands, is planning to introduce a layer-1 blockchain that will allow Web3 projects to identify and verify users without needing to rely on centralized platforms. Moca Chain will enable user data to be verified by applications across any blockchain,...