Onchain credit and yield platform Idle has launched a new credit vault that allows users to lend directly to businesses onchain, according to an announcement on Thursday. The firm has partnered with M11 Credit, a unit of Maven 11, on the new product,
Web3 infrastructure development firm Reown, best known as the builders of the communications protocol WalletConnect, has closed a $13 million Series B funding round led by Union Square Ventures and 1kx.Global Digital Asset Holdings (a joint venture i
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Ben Schiller, CoinDesk’s Opinion and Features editor.In this issue:Sony’s blockchain faces memecoin controversyBubblemaps readies
Hong Kong-based regulated digital asset financial services provider HashKey Group has put forward 10 crypto predictions for 2025, with around 50,000 community members voting on the likelihood of forecasts compiled by HashKey researchers, analysts and
Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching "Soneium," a general-purpose blockchain platform.The team behind Sony
Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching "Soneum," a general-purpose blockchain platform.The team behind Sony B
Sony Block Solutions Labs, the multinational conglomerate's blockchain subsidiary based in Singapore, announced today the mainnet launch of Soneium blockchain.Soneium's mainnet launch follows the Ethereum-based Layer 2's testnet debut in August last
Optimism will unlock 31,340,000 OP tokens on January 31st, constituting approximately 2.32% of the currently circulating supply.OP InfoOptimism is a Layer 2 (L2) solution designed to enhance the speed and scalability of the Ethereum network. The proj
Securitize Credit is partnering with digital asset trading firm QCP on a strategy incorporating the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) into Securitize’s yield-generating strategies.The partnership involves Securitize Credit en
Optimism will host an AMA on X on January 9th at 21:00 UTC. The event will feature Sam McIngvale, the head of product at OP labs. The discussion will revolve around a range of topics including superchain expansion, the Pectra upgrade of Ethereum, and
Ethereum Layer 2 project Starknet now enables developers to launch appchains using its software offering, SN Stack, marking a move towards increased modularity within its ecosystem. Appchains are independent blockchains tailored to specific applicati
San Francisco-based blockchain development firm Movement Labs is reportedly close to finalizing a Series B round targeting $100 million.The round will be co-led by CoinFund and Nova Fund — part of hedge fund Brevan Howard’s digital assets arm, Fortun
Autonomous robots may sound like sci-fi concepts that are decades away, but large language models and generative AI now allow machines to plan, learn, and think. More than that - the same software that can win the math olympics and write novels can a
On the whole, 2024 saw crypto projects across many sectors gain value, acquire users, and develop new technology. But not all sectors were equally successful—and two in particular posted losses, according to price data. A survey of The Block's GMCI I
Optimism will unlock 4,470,000 OP tokens on January 9th, constituting approximately 0.33% of the currently circulating supply.OP InfoOptimism is a Layer 2 (L2) solution designed to enhance the speed and scalability of the Ethereum network. The projec
On January 9, 2025, at 4 PM EST, a live discussion will happen with Sam McIngvale, focusing on Optimism's Superchain expansion and Ethereum's Pectra. Such talks can impact OP's price by providing insights into future plans and partnerships, driving i
This special edition of the Protocol looks back at 2024's groundbreaking developments and forward to what the coming year might bring for blockchain technology.Let’s dive into the milestones, trends, and predictions shaping the next era of crypto.Thi
Tron’s (TRX) price reached an all-time high of $0.44 in the first week of December 2024, smashing previous records amid a crypto-wide bull run that gained steam after Donald Trump’s presidential win. TRX’s return to the 10th position by market capita
Ether rallied 11.6% from Dec. 10 to Dec. 12, recovering losses from the preceding two days. This price move was partly driven by robust inflows into Ether spot exchange-traded funds (ETFs) and heightened activity on the Ethereum network, which helpe
Today in crypto, Grayscale Investments launched two new investment trusts for the Lido and Optimism governance tokens, former United States Commodity Futures Trading Commission commissioner Brian Quintenz is reportedly US President-elect Donald Trump