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Franklin Templeton Backs Bitcoin DeFi Push, Citing ‘New Utility’ for Investors

As the Dubai Token2049 conference concludes, one of the key takeaways is that the narrative around bitcoin (BTC) is swiftly expanding beyond its traditional role as a store of value to a potential DeFi asset competing with Ethereum and Solana …

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The Protocol: Inside Movement’s Token-Dump Scandal

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Inside Movement’s Token-Dump Scandal …

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KuCoin, MEXC and 12 Crypto Exchanges’ Apple Apps Blocked in South Korea

South Korean regulators requested 14 apps from Apple — belonging to unreported foreign crypto operators — be blocked domestically, a statement said on Monday. Crypto exchanges KuCoin and MEXC are among the firms being targeted by the regulator, and …

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Block Agrees to $40M Settlement With New York Over Faulty Money-Laundering Controls

Block Inc. has agreed to hisse $40 million to settle accusations from the New York Department of Financial Services that the company didn’t properly manage its money-laundering safeguards, according to a statement from the regulator on Thursday. Block …

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The Protocol: EigenLayer Ready to Launch Missing Feature

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk and Sam Kessler, reporters on CoinDesk’s Tech team. In this issue: EigenLayer Finally Ready To Launch Critical …

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Bitcoin Developer Proposes Hard Fork to Protect BTC From Quantum Computing Threats

Bitcoin could be headed for its most sweeping cryptographic overhaul yet if a new proposal gains traction. A draft Bitcoin Improvement Proposal (BIP) titled Quantum-Resistant Address Migration Protocol (QRAMP) has been introduced by developer Agustin …

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Bitcoin’s Hash Rate Hits Record High, Yet Price and Activity Tell Another Story

Bitcoin blockchain’s hashrate is surging, revealing a growing dislocation between the network activity and prices for its native token bitcoin (BTC). On a 14-day moving average, the hashrate, representing the computational power required to mine a …

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The Protocol: Vana Introduces Token Standard for Data-Backed Assets

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller. In this issue: Vana launches token standardHashgraph to debut private blockchainASICs will look more like serversAn …

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The Protocol: Ethereum’s Final Pectra Test Goes Live

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller. In this issue: Ethereum’s Final Pectra Test Goes LiveHyperliquid Eases Token Transfers for DeFiCelo Migration to …

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The Protocol: The Second Buggy Test for Upcoming Ethereum Upgrade ‘Pectra’ Could Lead to a Delayed Mainnet Hard Fork

Also: Plus: EF gets new leadership; layer-2 BOB and Fireblocks integrate; new MetaMask roadmap.

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