Blockstream secures $210M debt funding for Bitcoin layer-2 strategy

    Blockchain technology firm Blockstream has expanded its capital-raising efforts, securing $210 million in financing through a convertible notes round led by Fulgur Ventures. According to an Oct. 15 announcement, the debt will support Blockstream’s ongoing Bitcoin infrastructure projects, including its layer-2 strategy, mining operations and financial products development. Among Blockstream’s flagship products is the Liquid…

    EU’s MiCA bill set to shape global stablecoin regulations — Binance

    Global stablecoin regulation will take a crucial step forward with Europe’s upcoming regulatory framework, according to Binance, the world’s largest cryptocurrency exchange. The European Union’s Markets in Crypto-Assets Regulation (MiCA) bill is the first comprehensive regulatory framework for crypto, which could legitimize the industry for lawmakers globally. MiCA will be a “critical element” for the…

    Vitalik Buterin ponders Ethereum’s post-Merge future

    Ethereum co-founder Vitalik Buterin took to social media to share his reflections on the state of the protocol and its potential evolution after the Merge. In a detailed blog post on Oct. 14, Buterin highlighted several key areas where Ethereum could see significant advancements, including faster transaction speeds, improved security and greater accessibility for solo stakers. Post-Merge…

    Aptos blockchain explained: Technology, use cases and prospects

    What is Aptos blockchain? Aptos is designed to be a fast, scalable, and reliable blockchain that supports decentralized applications (DApps) and aims to accelerate the growth of Web3. Avery Ching and Mo Shaikh launched the Aptos blockchain on Oct. 12, 2022. It was developed to enable high throughput and low latency, which means it can…

    ‘Political shift’ drives $407M inflows to crypto products — CoinShares

    Cryptocurrency investment products posted another successful week as Bitcoin led weekly inflows with $419 million. Digital asset investment products saw inflows of $407 million during the week from Oct. 5–11, CoinShares reported in its latest Digital Asset Fund Flows Weekly Report on Oct. 14. The fresh crypto inflows followed a minor $127 million sell-off the previous week, which…

    ‘Bitcoin’ search volume drops to a yearly low, while ‘memecoin’ surges

    Google search volumes for the term “Bitcoin” reached 1-year lows during the week of October 12, 2024. Out of a scale of 100, worldwide interest in the search term dropped to just 33 by the end of the week. Meanwhile, the search volume for “memecoins” was 77 out of 100 during the same period but…