Network states will one day compete with nation-states — Web3 exec

Dr. Corey Petty, the chief insights officer at Logos — an initiative focused on developing decentralized peer-to-peer infrastructure for a network state — told Cointelegraph that network states will one day rival established countries and governance structures. According to Petty, blockchain technology provides individuals with the three necessary components to establish self-governing, sovereign communities in…

Swiss bank UBS tests blockchain for digital gold investments on ZKsync
02 Feb 2025
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Switzerland’s largest bank, UBS, is experimenting with blockchain technology to modernize digital gold investments for retail investors. The Union Bank of Switzerland (UBS), with over $5.7 trillion in assets under management, has completed a proof-of-concept for its fractional gold investment product, UBS Key4 Gold, on the Ethereum layer-2 (L2) network ZKsync Validium. By leveraging ZKsync,…

Coinbase acquires ads platform Spindl to tackle ‘onchain discovery problem’
02 Feb 2025
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Crypto exchange Coinbase has acquired Spindl, an onchain advertising and attribution platform, as part of a broader push to expand the reach for projects built on its Ethereum layer-2 network Base. “Coinbase has acquired Spindl, an onchain ads and attribution platform (re)building the ad tech stack onchain, to improve the onchain discovery problem for onchain…

Grayscale launches Dogecoin investment fund
01 Feb 2025
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Grayscale Investments has launched an investment fund for Dogecoin, the most popular memecoin by market cap, the asset manager said on Jan. 31. Grayscale Dogecoin Trust offers investors exposure to “the native coin of the Dogecoin network, an open-source peer-to-peer digital currency originally derived from Litecoin, which itself originated from Bitcoin,” Grayscale said. The trust is only…

Uniswap v4 launches on 12 chains
01 Feb 2025
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Uniswap has launched its v4 decentralized exchange (DEX) on 12 blockchain networks, including Ethereum and Avalanche, the Uniswap Foundation said on Jan. 31. The upgraded DEX introduces “hooks,” plugins that let developers create custom logic for cryptocurrency trading pairs, Uniswap said. Uniswap v4 will also operate on layer-2 scaling networks, including Arbitrum, Base, Optimism and Polygon,…

Stablecoin volumes surpassed Visa and Mastercard combined in 2024
01 Feb 2025
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Stablecoins, which play a major role in the global cryptocurrency ecosystem, saw massive adoption in 2024, with their transfer volumes beating those of Visa and Mastercard combined. The annual stablecoin transfer volume reached $27.6 trillion last year, surpassing the combined volumes of Visa and Mastercard by 7.7%, according to a Jan. 31 report by crypto exchange CEX.io….