Bakkt, Fidelity Will Store Galaxy Digital’s New Bitcoin Fund Holdings
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Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport
Bitcoin (BTC) is experiencing selling pressure at the $28,000 price level, and miners may be responsible, crypto-services provider Matrixport said in a report Friday.Matrixport said it suspects that bitcoin miners are being forced to liquidate any new inventory produced because profit margins have compressed in recent weeks, the report said.Mining has become very competitive, and…

Shiba Inu Adopts Tech to Bring More Privacy For SHIB Token Holders
Shiba Inu will launch a new privacy-focused network on top of the Shibarium blockchain in a move that boosts the value proposition of SHIB tokens, a representative shared with CoinDesk in a release on Wednesday.Shiba Inu is working with open-source cryptography company Zama on the yet-unnamed network. The exact mechanism is called Fully Homomorphic Encryption

Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin
Bitcoin mining might soon gain a new player: telecommunication giant Deutsche Telekom, the parent company of one of the largest U.S. telcos, T-Mobile."We will engage in digital monetary photosynthesis soon," Dirk Röder, Head of web3 infrastructure and solutions of T-Mobile's Telekom MMS, said during the BTC Prague conference last week. When asked by the conference

Thailand’s Kasikorn Bank Buys Majority Stake in Satang Crypto Exchange for $103M
Thailand’s Kasikorn Bank, also known as K-Bank, said it has acquired 97% shares in the parent company of Satang crypto exchange, which has operated in the country since 2017.According to a filing, the deal has a valuation of 3.705 billion Thai baht ($102.8 million) and was done via a new K-Bank subsidiary called Unita Capital

Microsoft and Aptos Labs Collaborate on New AI Blockchain Solutions
Aptos Labs, a layer 1 blockchain started by former Facebook employees to bring the company's scrapped Diem project (formerly Libra) to life, is expanding its tools and services using Microsoft's artificial intelligence (AI) tech.According to a press release, Aptos is leveraging Microsoft's infrastructure to deploy new offerings that combine AI and blockchain, including a new…

State Street Insiders Split Over Key Blockchain Use Case
The global custody bank's tech and product teams are keen to transform securities lending into a peer-to-peer market, but not all are on board.

Hyperinflation and Zimbabwe’s Multi-Currency Reality: Bitcoin in Africa Podcast, Part 2
After three weeks of listening, recording and talking bitcoin (BTC) in Africa, podcaster Anita Posch is back in part 2 of her six-part documentary podcast series. Presented in audio and full written transcript below. Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh daily insight with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS.In this second part of the…

Irthu Suresh: Using Blockchain Tech to Reduce Water Shortages
Much of the world takes water for granted. And much of the world has so little water that it’s a matter of life and death.So how can we send water from areas of surplus to areas of need? This is the mission of Atlantis, a project devoted to solving issues stemming from climate change, focusing