Meme Coin BONK Spikes 40% on Coinbase Listing
BONK prices reversed nearly all losses from last week following the announcement. Prices traded at $0.000014 on Thursday morning with a trading volume of over $235 million since Wednesday.
CFTC Pushes FTX-Inspired Rule to Protect Customers' Money
Commissioners took a step toward requiring derivatives clearing organizations, a key type of middleman in the industry, to keep their customers' money segregated from their own funds.
Polygon Adds Data Solution Celestia as Option for New Layer-2 Developers
Celestia's "data availability" solution – pitched as a cheaper alternative to storing data on Ethereum – will become an option for builders who are using Polygon’s customizable software stack to spin up new layer-2 networks.
A Difficult Truth: The Unspoken Mismatch of Web3 and Generative AI
Generative AI workloads are designed to be computationally intensive, running on highly parallelizable GPUs. What role does that leave for blockchain? Jesus Rodriguez, of IntoTheBlock, explores one possible solution.
BlackRock's Bitcoin ETF Now Invites Participation From Wall Street Banks
A change to the structure of proposed spot bitcoin ETFs would enable authorized participants (APs) to create new shares in the fund with cash, rather than only with cryptocurrency, essentially opening the door to banks who cannot hold crypto directly.