Bitlayer’s layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.Source
The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.Source
Libre is unveiling a new tokenized offering, the blockchain-based Hamilton Lane SCOPE senior credit fund, which will be available on Solana and Ethereum-compatible chains.Source
Layer-2 transactions have increased 20% since the Dencun upgrade in March, and that success could be a positive sign for the future of the network, the report said.Source
Crypto exchange Gate.io has terminated its services in Japan, it announced on Monday, suggesting a lack of compliance in the nation.Source
Harris has been endorsed by incumbent Joe Biden for the upcoming U.S. presidential elections, and some traders are betting on her ascent with meme tokens and prediction markets.Source
The project, spun out of Polygon in 2023, has raised $75 million of funding and claims unique technologies as a provider of “data availability,” or DA – the speciality of storing reams of transactional data produced by Ethereum layer-2 networks.Source
Round brings total raise to $21 million and includes participation from Makers Fund, Hashed, amongst others.Source
The broker raised its price target for the bitcoin miner to $16 from $13 while reiterating its buy rating on the stock.Source
The latest price moves in bitcoin (BTC) and crypto markets in context for July 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source