Crypto News

Ubisoft, LayerZero Launch Network for Cross-Chain Gaming Assets

Assassin’s Creed maker Ubisoft is building games on multiple chains, and the Decentralized Verification Network can help unify them.Source link

Markets Bet on Fed Pause in May Even as Trump Rattles the Cage

On April 12—just over two weeks prior—expectations surrounding a potential cut to the federal funds rate were in flux, with markets assigning a 39.8% probability that the U.S. Federal Reserve would lower the rate by 25 basis points. Fast forward to seven days ahead of the next Federal Open Market Committee (FOMC) gathering, and thatSource link

Ripple Made $4-5 Billion Offer to Acquire USDC Stablecoin Issuer Circle: Bloomberg

Crypto payments firm Ripple made an offer to acquire USDC issuer Circle but was rebuffed, according to Bloomberg.Source link

Eric Trump Warns Banks Could Be ‘Extinct’ in 10 Years Without Crypto Pivot

Eric Trump said traditional banks could “be extinct in ten years” unless they embrace cryptocurrency and blockchain, telling CNBC that today’s financial plumbing is too slow, costly, and exclusionary. Eric Trump: SWIFT Is ‘a Disaster,’ Blockchain Does It Better Eric Trump, executive vice president of the Trump Organization, argued that legacy rails such as theSource link

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: Secret Contracts, Shadow Advisors and Hidden MiddlemenEthereum Could Supercharge Transaction Speed to 2,000 TPS Thanks to Bold New ProposalBitcoin Debate on Looser Data Limits Brings to Mind the Divisive Ordinals ControversyCoinbase’s Base Network Achieves ‘Stage 1’ Status, Reducing Centralization RiskUnknown block type "divider", specify a component for it in the `components.types` optionNetwork newsMOVEMENT’S TOKEN DUMP SCANDAL: Movement, a buzzy crypto startup supported by Trump’s World Liberty Financial, was rumored to be closing a $100M series B round. Instead, following a CoinDesk investigation, the network is now at the...