El Salvador’s Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger
Monday’s bitcoin rally propelled El Salvador and Bhutan’s crypto stashes to $500 million and $1.1 billion respectively.Source
Ethereum Layer-2 Project Starknet to Roll Out Staking Feature Later This Month
StarkWare, the main developer firm behind Starknet, had shared in July that it would introduce a proposal for staking on the blockchain, but had not previously fixed the date of the rollout.Source
AI Firm Genius Group Adopts Bitcoin as Primary Treasury Asset; Shares Spike 50%
Singapore-based artificial intelligence company Genius Group said it has adopted bitcoin as its primary treasury asset, committing 90% of its current and future reserves to be held in the largest cryptocurrency.Source
Central Bank Group BIS Names Hernández de Cos as Next General Manager
ES Pablo Hernández de Cos has called for digital euro implementation and helped put in place global crypto banking rules.Source
CoinDesk 20 Performance Update: POL Declines 7.7%, Leading Index Lower
Cardano was also among the underperformers, falling 7% since Monday.Source
Decentralized Social Media Firm Lens Eyes Massive Scale-Up
The latest version introduces application building blocks that allow users to create decentralized newspapers with thousands of contributors.Source
Bitcoin Tops $88K, Catapulting MicroStrategy to 24-Year Record Amid Supercharged Crypto Rally
Bitcoin clinched another all-time high of $88,448 on Monday, surging 11% over the past 24 hours.Source
Bitcoin Touches Record-High $85K, Adds Almost $20K in a Week
Gold and most of the so-called magnificent seven tech stocks are down on the day.Source
Espresso, Project for Composability Between Blockchains, Pushes Main Product Live
According to the team, the confirmation layer will be a critical piece of infrastructure for composability among layer-2 rollups, allowing for two networks to read and trust each other’s blocks of transaction data.Source