Improbable, the British metaverse technology company creating Yuga Labs’ Otherside platform, has said the Somnia blockchain will enter its DevNet phase in the coming weeks. Source: https://www.coindesk.com/tech/2024/10/25/improbable-the-company-building-yuga-labs-otherside-to-launch-somnia-blockchain-devnet-phase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The National Center for Public Policy Research, a conservative think tank, has notified shareholders of Microsoft that it intends to propose a Bitcoin Diversification Assessment at the company’s annual …

Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%. Source: https://www.coindesk.com/markets/2024/10/24/bitcoin-climbs-3-to-retake-68k-with-solana-outperforming-ether-showing-relative-weakness/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Better Markets is using Polymarket’s “French connection” as ammo against the prediction market’s regulated competitor. Source: https://www.coindesk.com/policy/2024/10/24/activist-group-says-kalshis-election-market-should-be-shut-due-to-manipulative-whales/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The holdings of the U.S. spot bitcoin exchange-traded funds are about to cross over one million tokens after only ten months of trading. Source: https://www.coindesk.com/markets/2024/10/24/bitcoin-etfs-will-soon-hold-1m-tokens-nearly-as-much-as-satoshi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/opinion/2024/10/24/breaking-down-information-silos-in-web3-with-ai/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Historically, only crypto-native companies held bitcoin on their balance sheets. However, a significant structural shift has occurred over the past four years. Public and private companies are now embracing …

Botanix Labs is building Spiderchain to be compatible with EVM layers, allowing ny application or smart contract on an Ethereum layer to be effectively copied and pasted onto Bitcoin. …

The disclosure comes nearly a year after CoinDesk broke the news that Kraken was considering its own layer-2 network, following the runaway success enjoyed by Base after it launched …

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …