Intellistake Technologies Corp. has activated its institutional-grade self-custody wallet and validator infrastructure, according to details provided to Finbold on August 6. The secure wallet infrastructure is powered by Fireblocks through a partnership with Singularity Venture Hub. “With our infrastructure now live, we’ve taken the first key step toward securely participating in blockchain networks,” said Jason
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: Solana’s Seeker Phone Fixes Saga’s Flaws With Usability Upgrade Base Says Sequencer Failure Caused Block Production Halt of 33 Minutes Solana’s Jito Proposes Routing 100% of Block Engine
Paul Grewal, chief legal officer at major crypto exchange Coinbase, met this week with Priyank Kharge, the IT minister of India’s Karnataka state, as the US-based crypto exchange seeks to expand its role in India’s growing digital infrastructure. Grewal publicly thanked Kharge in a Wednesday X post, saying he “is excited to explore how Coinbase
Michael Saylor, the renowned Bitcoin permabull and the executive chairman of Bitcoin-focused company Strategy, has taken to his X account to address the global crypto community. Saylor gave them an important warning, referring to an iconic movie based on Chuck Palahniuk’s bestselling Fight Club. This tweet came out as Bitcoin dropped to the $114,000 price
Bitcoin derivatives activity has climbed to unprecedented levels, with futures open interest across major exchanges reaching $79 billion and options positioning signaling a heavy tilt toward calls. Bitcoin Derivatives Market at Record Levels as Traders Position for Moves According to Coinglass data, total BTC futures open interest (OI) stands at 692,490 BTC, equivalent to $79
Polymarket users are betting on a higher chance that the Bitcoin (BTC) price will continue in a mid-term falling trend. As of Wednesday, traders have put more capital behind a continued BTC price drop in August compared to bets on a rebound toward a new all-time high. Traders Bet on 80% Chance of a Drop
Amid a sea of new crypto treasury companies popping up, Bakkt and BitBridge are in the news today, after they both provided updates on their bitcoin treasury strategies. Bakkt(BKKT), the technology firm that went all-in on crypto,has signed a deal to acquire nearly one-third of Japanese trading company Marusho Hotta (8105), in a move that
Bitcoin ETFs have suffered outflows for the fourth day running, as institutional investors take cash off the table following recent all-time highs. Data from SoSoValue shows sell-offs across all U.S. funds tracking Bitcoin’s spot price hit a total of $196.18 million on Tuesday. However, this is less severe than in recent days. Outflows stood at
The $105,696 level, coinciding with Bitcoin’s 21-week moving average, remains a critical support point for the market. $105,696: Why Is It Still a Critical Support Level for Bitcoin? According to experts, predicting whether it will return to this level may be premature and even pessimistic at this stage. However, as long as the price remains