Blockchain Firm to Raise $24 Billion for Electric Bus Upgrades in China

Decentralized physical infrastructure (DePIN) provider Grove, previously named Pocket Network Inc., has raised $7.9 million from Fidelity-affiliated Avon Ventures, Placeholder Capital and Druid Ventures.Grove will use the funding to form new partnerships that advance DePIN toward mainstream adoption, according to an emailed statement shared with CoinDesk on Thursday.DePIN refers to the use of blockchain technology

Google searches for the term “Bitcoin halving” have hit an all-time high, surpassing the previous record set during the last halving in May 2020. According to Google Trends data, which uses a 100 point scale to determine the relative popularity of keyphrases, there is more interest than ever in the Bitcoin network halving.This op-ed is

May 20, 2020 at 04:00 UTCA mobile subsidiary of Jack Dorsey's payments company Square now allows users to make automatic purchases of bitcoin.Dorsey said on Twitter - that other company he runs – that Cash App had, from Monday, enabled automatic purchases of bitcoin at regular intervals, such as daily, weekly, or fortnightly. Although there's…

Kalshi will list prediction markets on crypto price outcomes (e.g. "How high will ETH get in 2024?").The bets will be settled in U.S. dollars, like all others on Kalshi.Unlike rival Polymarket, Kalshi can do business in the U.S.01:32What Happens to the Spot ETH ETF Applications If Ether Is Deemed a Security?06:05What's Next for Spot ETH

Dec 5, 2020 at 4:22 p.m. UTCUpdated Dec 5, 2020 at 4:26 p.m. UTCCME bitcoin futures open interest for leveraged fundsCME Leveraged Funds Double Down on Shorts as Bitcoin Maintains $19,000Fresh off of bitcoin’s record high in late November, leverage funds trading bitcoin futures on the Chicago Mercantile Exchange continue adding to their short positions…

Sam Bankman-Fried's presentation in court won't kick off until later this week, but it's already clear his defense may hinge on one key witness: himself.You're reading The SBF Trial, a CoinDesk newsletter bringing you daily insights from inside the courtroom where Sam Bankman-Fried will try to stay out of prison. Want to receive it directly?

news Hosho was founded under the premise it could safely sell smart contract shovels in a tokenized gold rush – in fact, the company’s name itself means “security” in Japanese, “We thought we were going to go to the moon and audit lots of ICOs,” Hartej Sawhney, co-founder and president of the company told CoinDesk in…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Andrés Engler is a CoinDesk editor based in Argentina, where he covers the Latin American crypto ecosystem. He holds BTC and ETH. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Mercado Libre, Latin…

news Crypto exchange Poloniex is spinning out from its parent firm Circle, the companies announced Friday. According to a pair of blog posts, Poloniex will now become Polo Digital Assets, Ltd., an “independent international company” backed by an unnamed Asian investment firm. The trading platform will not serve U.S. customers after this year. U.S. residents…