Welcome to DePIN Summer
Decentralized Physical Infrastructure Networks (DePIN) are flourishing across multiple businesses, creating an “economy of things,” where value is shared across all participants. Scott Foo, founder…
Category: CoinDesk
Investors Added Money to Bitcoin ETFs Even as Bitcoin Slipped 7% in June
Data from Bloomberg Intelligence shows the spot funds saw net inflows of $790 million even as the price of bitcoin tumbled 7%.Data from Bloomberg Intelligence…
Binance Executive’s Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds
On Tuesday the cross-examination of the first witness from Nigeria’s Securities and Exchange Commission was completed.On Tuesday the cross-examination of the first witness from Nigeria’s…
Crypto Exchange Kraken Is Considering Going Nuclear
Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said…
Decentralized Science: A Better Way to Fund and Grow Breakthrough Ideas
Imagine if the next blockbuster medication could be funded through a decentralized, transparent process? This would not only democratize the funding of critical research, but…
Pump.Fun Overtakes Ethereum With $2M in Daily Revenue to Take No. 1 Position
Celebrity-inspired meme coins have spurred a surge in revenue for token launchpad Pump.fun over the past 24 hours.Celebrity-inspired meme coins have spurred a surge in…
Ironblocks’ ‘Venn’ Network Aims to Keep Malicious Transactions From Ever Hitting Blockchains
The Israeli firm’s Venn security network uses a network of operators to seek out and freeze suspect transactions before they execute.The Israeli firm’s Venn security…
Astar Network to Burn 350M ASTR, 5% of Total Supply
Multi-chain smart contract network Astar Network will burn 350 million ASTR tokens representing 5% of its total supply following a governance vote.Multi-chain smart contract network…
Bitcoin’s Retreat From $70K Characterized by ‘Vol Lethargy’
Deribit’s BTC DVOL index, a measure of volatility expectations, has slipped to lowest since early February.Deribit’s BTC DVOL index, a measure of volatility expectations, has…
Peter Thiel’s Founders Fund Leads $85M Seed Investment Into Open-Source AI Platform Sentient
The round was co-led by Pantera Capital and Framework Ventures.The round was co-led by Pantera Capital and Framework Ventures.