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Wallets tied to bitcoin whale moves $1.26 billion worth of BTC after years of dormancy: Lookonchain

Wallets tied to bitcoin whale moves $1.26 billion worth of BTC after years of dormancy: Lookonchain

Three wallet addresses seemingly owned by the same bitcoin whale moved 10,603 BTC (worth around $1.26 billion) after years of dormancy, onchain analytics platform Lookonchain reported, citing Arkham Intelligence data.Lookonchain said the three addresses all received bitcoin on Dec. 13, 2020 — when b…

Trump-linked World Liberty Financial buys over 3,400 ETH for $13 million, onchain data shows

Trump-linked World Liberty Financial buys over 3,400 ETH for $13 million, onchain data shows

World Liberty Financial, a crypto project linked to U.S. President Donald Trump, spent millions to acquire more Ethereum on Tuesday as the cryptocurrency sees surging institutional demand.Citing Arkham Intelligence data, onchain researcher Lookonchain reported that World Liberty added 3,473 ETH at a…

Dogecoin development group behind MyDoge wallet submits ZK upgrade proposal

Dogecoin development group behind MyDoge wallet submits ZK upgrade proposal

DogeOS, an app layer for Dogecoin built by the team behind the MyDoge wallet, submitted a protocol upgrade proposal to Dogecoin Core that would introduce native zero-knowledge proof verification capabilities."The OP_CHECKZKP proposal marks a major technical step forward for Dogecoin, expanding the p…

Dogecoin development group behind MyDoge wallet submits Ethereum bridge proposal

Dogecoin development group behind MyDoge wallet submits Ethereum bridge proposal

A Dogecoin development group is looking to update the memecoin protocol to bridge to Ethereum in a new proposal, according to an announcement on Tuesday.DogeOS, an app layer for Dogecoin built by the team behind the MyDoge wallet, submitted a protocol upgrade proposal to Dogecoin Core that would int…

Fogo launches public testnet of high-speed Layer 1 SVM chain for onchain trading

Fogo launches public testnet of high-speed Layer 1 SVM chain for onchain trading

Fogo, the Layer 1 blockchain created by former Wall Street executives, launched its public testnet on Tuesday.Initial contributors claim that the architecture is designed to replicate TradFi execution standards in a decentralized format, providing real-time execution and institutional-scale infrastr…

PNC strikes deal with Coinbase to bring cryptocurrency services to banking customers

PNC strikes deal with Coinbase to bring cryptocurrency services to banking customers

PNC Bank said it has struck a partnership with Coinbase to let clients access cryptocurrencies through Coinbase’s Crypto‑as‑a‑Service platform, while PNC will provide select banking services to the exchange.The companies framed the deal as a way to marry PNC’s compliance and distribution footprint w…

USDC on Hyperliquid doubles to $4.9 billion as DEX derivatives trading gains ground

USDC on Hyperliquid doubles to $4.9 billion as DEX derivatives trading gains ground

USDC supply on Hyperliquid has experienced remarkable growth, more than doubling since the start of the year to reach $4.9 billion. This expansion reflects the increasing prominence of the decentralized perpetuals exchange, where USDC serves as the primary settlement currency for derivatives trading…

Polymarket plans to re-enter US with acquisition of derivatives exchange QCEX

Polymarket plans to re-enter US with acquisition of derivatives exchange QCEX

Predictions market Polymarket says it's coming back to the U.S. in buying derivatives exchange QCEX, following a federal investigation that was dropped last week.In a statement released on Monday, Polymarket said the acquisition "marks a significant step toward expanding access to Polymarket's categ…

Block rises on S&P 500 inclusion, signaling fintech's growing clout

Block rises on S&P 500 inclusion, signaling fintech's growing clout

Tech billionaire Jack Dorsey-led Block's shares rose 7% in morning trading on Monday after the payments firm was added to the benchmark S&P 500 , marking a milestone for the fintech sector.The inclusion cements Block's status as one of the most valuable and influential players in the fintech sp…

China-based Conflux blockchain plans offshore yuan stablecoin, 3.0 upgrade in August

China-based Conflux blockchain plans offshore yuan stablecoin, 3.0 upgrade in August

Conflux Network, a Chinese Layer 1 blockchain, has teased the launch of Conflux 3.0 and announced plans to help issue a stablecoin pegged to offshore yuan, as China explores the possibility of yuan stablecoins.In a state media report posted Sunday on the Shanghai government's website, Conflux announ…

Bitcoin steady near $118,500, ether extends above $3,700; analyst says broader alt season ā€˜uncertain’

Bitcoin steady near $118,500, ether extends above $3,700; analyst says broader alt season ā€˜uncertain’

Bitcoin remained steady around $118,500 while ether and other major altcoins continued their rally in a cycle that could potentially usher in the next altcoin season.According to The Block's crypto price page, the world's largest cryptocurrency edged up 0.35% in the 24 hours leading up to 11:10 p.m.…

dYdX acquires crypto social trading platform Pocket Protector in first external acquisition

dYdX acquires crypto social trading platform Pocket Protector in first external acquisition

Decentralized derivatives exchange dYdX has acquired Pocket Protector, a crypto social trading platform, marking its first external acquisition.The deal brings the bulk of Pocket Protector's engineering team into dYdX, as well as co-founders Eddie Zhang and Kaiser Kinbote, who will join dYdX as pres…