Solv Protocol, which offers financial services to bitcoin (BTC) holders, announced BTC+, an automated vault for generating returns on spot market holdings. The new product taps several crypto sub-sectors and strategies, including basis arbitrage, DeFi credit markets, protocol staking and tokenized real-world assets to offer a one-stop yield-farming shop for BTC holders. The introduction underscores … Read more
Grayscale has launched a new investment vehicle that gives accredited investors exposure to Story, a blockchain protocol designed to turn intellectual property (IP) into programmable digital assets. The Grayscale Story Trust will focus exclusively on IP, the native token of the Story network, according to an announcement. The protocol aims to modernize the way digital … Read more
NEAR Protocol demonstrated formidable resilience during the July 30-31 trading session, recovering sharply from mid-session lows of $2.52 to close at $2.73. The bounce—amounting to an 8.27% rebound—coincided with high-volume activity, particularly among corporate trading desks and institutional asset managers. Analysts interpret this as a sign of strategic accumulation, likely driven by growing confidence in … Read more
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 At 10: Where Next For The World Computer? Linea to Burn ETH With Every Transaction in Bold L2 Upgrade Solana Players Unveil ‘Internet Capital Markets’ Roadmap Square … Read more
NEAR Protocol registered a 3% decline from $2.84 to $2.75 throughout the 24-hour period, with valuations consolidating within a $0.18 bandwidth before pronounced terminal-hour liquidation catalysed a breach through established support parameters. Market Analysis: Consolidation Transitions to Decline NEAR Protocol demonstrated a consolidation pattern throughout the preceding 24-hour session from 28 July 15:00 to 29 … Read more
Starting as an experimental side project at Anthropic, the Model Context Protocol (MCP) has become the de facto standard for orchestrating agentic interactions across datasets, computational resources and external artifacts. It may represent one of the most transformative protocols for the AI era and a great fit for Web3 architectures. Much like HTTP revolutionized web … Read more
NEAR experienced notable price volatility over the 24-hour period ending July 24 at 15:00, with its token trading between $2.59 and $2.83. The sharp drop from $2.82 to $2.59 during early morning hours prompted high-volume trading of 7.91 million units, establishing a technical support level at the session low. This market dislocation attracted aggressive buying, … Read more
The Callisto Protocol just got an in-engine trailer, ahead of its launch on December 2. The new footage from developer Striking Distance Studios focuses on the thematic and story aspects, in addition to introducing a new character, played by Karen Fukuhara — mainly known for her role in the Prime Video series, The Boys. The … Read more
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 Validator Exit Queue Tops $2B as Stakers Rush to Quit After 160% Rally Jito Launches BAM to Reshape Solana’s Blockspace Economy Ethereum Validators Signal Intention of Upping … Read more
The first two weeks of 2024 saw major upheaval with the excitement around the approval of BTC ETFs in the US. The market volatility seems to be cooling off now that the ETFs have been approved – but regardless, a fresh setback has hit the crypto sector. The Near Foundation has decided to lay off … Read more