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Ondo Finance Unveils Layer-1 Network for Tokenized Assets

New York, NY — Ondo Finance, the second-largest tokenized Treasuries issuer, said it plans to start its own layer-1 blockchain designed for tokenized real-world assets in a bid to connect traditional capital markets with decentralized finance, the company announced on Thursday at its inaugural Ondo Summit. Ondo Chain was crafted to meet institutional compliance standards […]

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CoinDesk 20 Performance Update: XLM Gains 1.5% as Index Inches Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3248.93, up 0.4% (+14.12) since 4 p.m. on Wednesday. Eleven of 20 assets are trading higher. Leaders: XLM (+1.5%) and LTC (+1.3%). Laggards: APT (-1.0%) and UNI (-0.8%). The

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Mining Giant Foundry Supercharges Bitcoin Layer-2 Rootstock’s Security

Foundry, the world’s largest Bitcoin mining pool by hashrate, has announced it’s diversifying its operations and bolstering the security Bitcoin layer-2 network Rootstock through merge mining. Merged mining allows miners to simultaneously mine two or more cryptocurrencies that employ the same hashing algorithm without compromising the overall mining efficiency. The move injects 740 exahashes per

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DEX Aggregator 1inch Integrates ZKsync to Boost Cross-Chain Swaps

Decentralized exchange (DEX) aggregator 1inch Network has expanded its cross-chain swapping capabilities by integrating ZKsync, a layer-2 scaling solution for Ethereum to provide faster and cheaper transactions when moving crypto between different networks. The integration, announced via a press release shared with CoinDesk, allows its users to seamlessly execute cross-chain swaps involving ZKsync. 1inch said

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Shiba Inu Partners With UAE Ministry of Energy, Boosting SHIB Appeal

Earlier this week, Shiba Inu partnered with the UAE’s Ministry of Energy and Infrastructure (MoEI) to use its blockchain applications in various public sector services. Such partnerships bolster SHIB’s appeal, which sits at a $9 billion market capitalization as of Thursday. MoEI is set to use Shiba Inu’s Operating System (ShibOS) — on their layer-2

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Crypto Daybook Americas: Bitcoin Bull Postings Lift Spirits

By Omkar Godbole (All times ET unless indicated otherwise) The past 24 hours have been marked by bullish postings on social media, with notable figures voicing positive outlooks on the cryptocurrency market that have worked their way into prices. Bitcoin has bounced to over $98,000 from $96,900, with President Donald Trump’s son Eric encouraging family-linked

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Bitcoin Worth $1.6B Leave Exchanges in Biggest Bullish Outflow Since April: Research Analyst

On Wednesday, centralized exchanges registered a net outflow of over 17,000 BTC, worth more than $1.6 billion at the going market price of $98,600, according to Glassnode data shared by Andrew Dragosch, head of research Bitwise. That’s the biggest single-day exodus of coins since April 2024. “Whales are buying this dip,” Dragosch said on X,

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Strategy Sees Thursday Nasdaq Listing for STRK Convertible Preferred Stock

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR) expects its convertible preferred stock Strike (STRK) to be listed on Nasdaq on Thursday, according to a slide in its earnings presentation. Strategy, formerly known as MicroStrategy, also introduced new performance metrics when it reported fourth-quarter earnings after the market closed

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Berachain’s BERA Trades at $8 Ahead of 79M Token Airdrop and Mainnet Launch

Layer 1 Berachain will airdrop just under 80 million of its BERA tokens to ecosystem and exchange users as the decentralized finance (DeFi)- focussed network goes live later on Thursday, per a release. The total initial supply of BERA is 500 million tokens, with 48.9% allocated for community engagement, including airdrops, ecosystem development, and research.

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Law Firm Behind Pump.Fun Class Action Demands Removal of Tokens Mocking It

Two law firms that are involved in a proposed a class action suit against Pump.fun say they are now victims of tokens that are impersonating the firm’s likeness, and are demanding in a cease and desist letter that the memecoin factory immediately remove them. At the center of the controversy is a token called ‘DOGSHIT2‘

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