Blockchain

Blockchain

Markets

Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows

Bitcoin's "long-term holder spent output profitability ratio" shows coins moved on-chain that have a lifespan of at least 155 days or higher are being sold for a profit.

(AbsolutVision/Pixabay)

Finance

Cross-Chain Bridge Stargate's Volume Soars as Airdrop Hunters Set Sights on LayerZero Token

Crypto traders are using the Stargate bridge in the hope that they will be eligible for a rumored LayerZero airdrop.

Puente. (Aleksandr Barsukov/Unsplash)

Tech

Circle Unveils New Method for Moving USDC Between Blockchains

The cross-chain transfer protocol seeks to improve liquidity of the major crypto payments rail.

A CCTP demo at Circle’s Consensus 2023 booth in Austin, Texas (Danny Nelson/CoinDesk)

Finance

Cata Labs Raises $4.2M to Develop 'Bridging' Software

The round was led by Spartan Group and included participation from Robot Ventures, Maven 11, Alchemy Ventures, HashKey Capital, Circle Ventures and Superscrypt.

(Shubham Dhage/Unsplash)

Finance

Sui Network to Issue Token Following Exchange Sale; Airdrop Hunters Dismayed

The SUI token will be issued after the mainnet launch on May 3 after a token sale on Bybit, OKX and Kucoin.

Arbitrum airdrop goes live. (Pexel/Pixabay)

Finance

Google Cloud to Help Web3 Builders Fast-Track Their Startups

The initiative will come with technical and monetary support for early-stage Web3 developers.

(Raymond Boyd/Getty Images)

Opinion

Unleashing the Green Economy: How Blockchain Can Transform Climate-Friendly Investment Opportunities

By unlocking the immense potential of blockchain, we stand at the precipice of a transformative era in the global movement towards a greener economy, Osho Jha writes.

A digital tree. (Daniel Kuhn/CoinDesk)

Tech

Lukso Genesis Validator Smart Contract to Go Live on 4/20 at '4:20'

The Lukso initial validators will vote on token supply of LYX and how much the Foundation can hold.

Fabian Vogelsteller and Marjorie Hernandez, co-founders of Lukso. (Lukso)

Videos

Lamina1 CEO on Mainstream Adoption of the Metaverse

Lamina1 is a layer one blockchain ecosystem that’s set on providing the infrastructure for Web3 developers to build the “Open Metaverse.” During CoinDesk's "Projects To Watch" week, Lamina1 CEO Rebecca Barkin discusses mainstream adoption of the metaverse, noting it will rely on a "cultural movement."

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Videos

Ethereum Unstaking Request Pile Up After Shanghai Upgrade: Rated

So many Ethereum validators have put in requests to unstake ether (ETH) from the blockchain following Wednesday’s Shanghai upgrade that the queue to get the cryptocurrency out has backed up over two weeks, according to the network explorer Rated. Galaxy Digital Vice President of Research Christine Kim breaks down the data.

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