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In Win for Polygon’s AggLayer, Magic Labs Unveils Chain Unification Network ‘Newton’
Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and chain unification.
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VC Darling Eclipse Finally Debuts Its Solana-Ethereum Blockchain Hybrid
Eclipse raised more than $50 million from investors but has been marred by controversy over the past year.
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Dune Launches Dashboard Tracking $2.5B Lost to Crypto Hacks and Phishing Scams
The new dashboard from Dune’s team aggregates veri from more than 5,500 blockchain-based scams, exploits, and attacks
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Protocol Village: Cytonic, Layer-1 Chain With ‘MultiVM’ Design, Raises $8.3M in Seed Round
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 7-13.
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First Mover Americas: Bitcoin Holds Below $75K Before Expected U.S. Rate Cut
The latest price moves in crypto markets in context for Nov. 7, 2024.
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SEC Seeks to Dismiss Three of Kraken’s Key Defenses in U.S. Lawsuit
A motion filed earlier this week rejected several of Kraken’s defenses and complained that the exchange was “trying to re-litigate the same issues repeatedly.”
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German Chancellor Scholz Calls Snap Election as Coalition Government Collapses
Olaf Scholz is looking to bring the general election forward to March from September.
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Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts Record Volume
BlackRock’s iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.
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Trump’s Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares
Under the proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency’s total supply, the report said.
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This Metric Points to Rotation From Gold to Bitcoin
The ratio surged 12% Wednesday as the pro-crypto Republican candidate Donald Trump won the U.S. presidential election.