Crypto News
The Protocol: Ethereum’s Wall Street Cheerleader
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Ben Schiller, CoinDesk’s Opinion and Features editor.In this issue:Ethereum’s Wall Street cheerleaderAvalanche cuts fees by 75%Arbitrum integrates BitcoinUBS tests ZKSync for goldThis article is featured in the latest issue of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday.Network newsETHEREUM’S WALL STREET GUY: Ethereum is facing an identity crisis. Its native token, ether (ETH), is underperforming against competitors, and longtime builders are beginning to question whether the chain's technology is falling behind – and if its community is losing focus. The Ethereum Foundation, the nonprofit that stewards Ethereum's development,...
Super Bowl Sweepstakes: Perplexity AI’s Million Dollar Question
AI search upstart, Perplexity, is throwing serious cash at a Super Bowl contest in the hopes of wooing new users.Source link
Arbitrum Integrates With BitcoinOS to Expand Into the Bitcoin Network
Arbitrum has integrated with BitcoinOS (BOS) to bring its Ethereum-based layer two (L2) scaling solution to the Bitcoin network. Arbitrum Brings Ethereum-Based L2 Scaling to Bitcoin According to the release shared with Bitcoin.com News, the integration allows Arbitrum One, an L2 network on Ethereum, to function as a hybrid rollup that leverages both Bitcoin’s securitySource link
Bitcoin Giant MicroStrategy Rebrands to ‘Strategy’ and Everyone in Crypto Made the Same Joke
Strategy posted a loss last quarter as its Bitcoin-buying spree ramped up, but word of the rebrand dominated the conversation Wednesday.Source link
PENGU Price Falls as Pudgy Penguins Burn Over $150 Million in Solana Tokens
Pudgy Penguins burned unclaimed Solana airdrop tokens earlier than originally planned, and PENGU's price dipped lower afterwards.Source link