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WATCH NOW: CoinDesk LIVE Presents Beyond ICOs: The Future of Tokens
news Join today as we talk to thinkers, developers, and investors about the future of tokens and altcoins. Our mission? To separate ICO junk from future reality. We invite you to join us on YouTube and chat with your hosts and guests or Tweet to @coindesk with the hashtag #coindesklive and we will answer questions…

Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders
Smart contract platform Llama has raised $6 million in seed funding from Founders Fund and Electric Capital, with other investors including Sandeep Nailwal, the co-founder of the Polygon blockchain, and Stani Kulechov, the founder of lending protocol Aave.Llama said it aims to make the governance of blockchain protocols more effective by enabling protocols to encode

Blockchain Bites: Crypto’s Bailout Millions, Brazil’s Binance Ban, Lightning’s Bug
Lightning bug timelapse (Mike Lewinski/Unsplash)Blockchain Bites: Crypto’s Bailout Millions, Brazil’s Binance Ban, Lightning’s BugAt least 75 crypto and blockchain firms received approximately $30 million in government-backed PPP loans during the COVID-19 economic crunch while Binance continues to donate personal protective equipment equipment through its charitable wing. Here’s the story: You’re reading Blockchain Bites, the daily roundup…

Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report
Thailand’s cabinet on Tuesday approved a tax exemption for crypto earnings to encourage fundraising via investment tokens, multiple local news outlets reported.Under the exemption, holders of investment tokens that have had the 15% capital gains tax withheld don’t need to include the profits when calculating their income tax, essentially ending a scenario of double taxation

Bitcoin Price Indicator Shows Bearish Mood Strongest Since February
markets View Bitcoin’s weekly Chaikin Money Flow index is reporting the strongest bearish bias since February. Other weekly chart indicators are also calling a deeper drop, possibly to levels below recent lows near $7,750. The daily chart indicators suggest the corrective bounce has ended and sellers are again gaining strength. The ongoing risk aversion in…

Messaging App Telegram Gives Endorsement to TON Project; Token Surges
Messaging app Telegram has endorsed the TON network as its blockchain network of choice for Web3 infrastructure, sending the TON token up some 7% in the past hour.Telegram began developing the TON blockchain 2018, abandoning the project in August 2020 following legal action from the U.S. Securities and Exchange Commission (SEC) alleging that it was

What ETF? There’s a Wall Street Stock That’s Already Tracking Bitcoin
A publicly traded stock is tracking the price of bitcoin, a correlation that appears to have played out over a period of years.

The Protocol: Analyzing Runes Impact as Bitcoin Fee Bonanza Fades
Last week's once-every-four-years Bitcoin halving came and went – just as Satoshi Nakamoto programmed it 15 years ago. But the big surprise was the fast uptake of Casey Rodarmor's new Runes protocol, his second big hit on the original blockchain in two years. Now, it looks like the initial fee bonanza might be fading, and