Author: Crypto Editor

Welcome to The Protocol, CoinDesk’s weekly wrap-up of a very powerful tales in cryptocurrency tech growth. I am Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter.On this difficulty:OKX Slashes OKB Token Provide by 50% With $7.6B Burn, Value SurgesETH Transaction Quantity Climbs on Value Rally, Cheaper DeFi PricesWeaponized Buying and selling Bots Drain $1M From Crypto Customers through AI-Generated YouTube Rip-offBabylon Introduces Trustless Bitcoin Vaults for BTC Staking ProtocolCommunity informationOKX SLASHES TOKEN SUPPLY IN HALF: OKB, the token of cryptocurrency alternate OKX, greater than tripled to a document excessive after the corporate executed a one-time burn of 65.26 million OKB, reducing…

H100 Group AB has additional expanded its Bitcoin reserves, including 45.8 Bitcoin to its treasury. The acquisition, a part of the corporate’s ongoing Bitcoin Treasury Technique, consists of Bitcoin acquired by means of proceeds from convertible mortgage agreements.H100 Group ($H100, $GS9, $HOGPF) has bought an extra 45.8 BTC at a median worth of SEK 1,136,949 per BTC.Whole BTC holdings: 809.1 BTC pic.twitter.com/EQH8IPcrtU— H100 (@H100Group) August 13, 2025 Following this acquisition, H100’s whole holdings have reached roughly 809.1 Bitcoin. The newest acquisition was secured at a median buy worth of round SEK 1,136,949 per Bitcoin, representing a complete funding of roughly SEK 52,182,743.This…

Grayscale registered new trusts for Cardano and Hedera, hinting at doable spot ETF launches as regulatory readability improves.   Grayscale has taken a serious step towards launching spot Cardano and Hedera exchange-traded funds (ETFs). This week, the corporate registered two new statutory trusts in Delaware for each property, marking its first ETF-related filings for these altcoins within the state. The registrations, which had been dated August 12, checklist the entities because the Grayscale Cardano Belief ETF and the Grayscale Hedera Belief ETF.  Each are organised as common statutory trusts, which is a format the agency has used prior to now…

We now have joined forces with FXStreet in a worldwide content material change partnership that goals to offer merchants and market fanatics with an entire view of as we speak’s monetary markets.  This collaboration merges experience from each the cryptocurrency and conventional macroeconomic sectors, permitting customers to entry invaluable insights from each worlds in a single place. What the Partnership Means Below this settlement, we are going to share our crypto information, market evaluation, and academic content material with FXStreet’s viewers. In return, FXStreet will contribute its foreign exchange and macroeconomic content material to BeInCrypto’s international readership. This change addresses…

BNB surged 4% to commerce above $850, nearing its report $860 excessive, fueled by a market rally and CEA Industries’ 200,000 BNB buy. Quantity spiked to triple the each day common, however profit-taking close to $855 suggests potential short-term consolidation. Robust assist is holding close to $834.40, with resistance at $855 as BNB maintains dominance within the change token sector. BNB jumped greater than 4% within the final 24 hours, slicing by means of a number of resistance ranges to commerce simply shy of its all-time excessive at $860. The surge got here because the broader crypto market rallied and…

Metaplanet, a publicly traded Japanese agency targeted on bitcoin, has seen its inventory surge by virtually 190% year-to-date, dramatically outperforming the Topix Core 30 index. This benchmark, which tracks Japan’s most outstanding blue-chip corporations like Toyota, Sony, and Mitsubishi, posted a modest 7.2% common acquire throughout the identical interval. Shareholder progress accelerates The corporate’s strategic pivot towards bitcoin accumulation has attracted important investor curiosity. Metaplanet’s newest earnings report reveals that its shareholder base has expanded to over 180,000 as of June 2025. This represents a 350% improve for the reason that agency started its bitcoin shopping for program in late…

XRP is buying and selling in a slender channel between $3.30 and $3.13, with merchants watching carefully for a decisive transfer. In response to market analyst EGRAG CRYPTO, a detailed above $3.30 can be a bullish sign, probably unlocking stronger upward momentum. Conversely, a detailed under $3.13 may point out draw back stress forward. On the time of writing, XRP is altering fingers at $3.2148, up 0.67% previously 24 hours. The analyst believes the token will possible oscillate inside this vary within the close to time period, awaiting route from Bitcoin’s value motion. Bitcoin’s present push again to $120,000 is…

The X Layer replace marks a major milestone within the blockchain panorama of OKX, due to a collection of strategic improvements developed in collaboration with Polygon.In line with knowledge collected by business analysts, this collaboration has led to tangible enhancements within the platform’s scalability and effectivity. This improve has profoundly reworked the financial mannequin of the OKB token, enhanced the zkEVM know-how, and reshaped the OKX ecosystem as an entire.On this context, customers and builders are confronted with new alternatives and revitalized competitiveness inside the DeFi. Technological Improve X Layer: efficiency pushed to the utmost with zkEVM The adoption of…

They are saying journalists by no means really clock out. However for Christian, that is not only a metaphor, it is a way of life. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding phrases like a seasoned editor and crafting articles that decipher the jargon for the plenty. When the PC goes on hibernate mode, nevertheless, his pursuits take a extra mechanical (and typically philosophical) flip. Christian’s journey with the written phrase started lengthy earlier than the age of Bitcoin. Within the hallowed halls of academia, he honed his craft as a function author for his…

An early Ethereum ICO investor has moved to promote a recent batch of his stash as costs commerce close to multiyear highs. Blockchain data present the pockets, which purchased 100,000 ETH throughout the 2014 ICO for about $31,000, offered 4,283 ETH. This latest transaction, in keeping with Lookonchain knowledge, is value roughly $18.97 million.Ethereum whale’s gross sales since 2021It’s value noting that the identical deal with has been promoting persistently since 2021. In whole, it has offloaded 44,284 ETH over the previous few years at a mean value of $2,378. You Would possibly Additionally Like These gross sales have introduced…