Starknet, an Ethereum Layer 2 network, has introduced Shieldnet, a privacy-focused suite that enables shielded balances and private transactions in DeFi. Central to this is the STRK20 protocol, allowing users to wrap ERC-20 tokens into shielded versions for anonymous transfers and interactions with DeFi platforms. The initiative includes strkBTC, a shielded Bitcoin token pegged 1:1 to BTC, offering privacy and quantum-resistant security. With $655 million locked and 47,000 daily users, Starknet leverages zero-knowledge proofs and account abstraction to enhance privacy without altering the base Ethereum protocol.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
