Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller, CoinDesk’s Opinion and Features editor. In this issue: Movement Labs rolls out dev mainnet Cardano hard forks to decentralized governance SSV DAO unveils SSC 2.0 Musk pushes blockchain in government Network News MOVEMENT LABS ROLLS OUT […]

Elon Musk’s Tesla (TSLA) appeared to take advantage of a new accounting rule allowing for holdings of digital assets to be marked-to-market each quarter. The company’s fourth quarter earnings report shows its 9,720 bitcoin valued at $1.076 billion as of the end of 2024. That’s up from what had been $184 million for several quarters […]

The crypto political action committee that stunned U.S. politics last year, Fairshake, successfully weighed in again in a pair of Florida special elections to replace Republican members of Congress, likely adding to its list of lawmakers who have the industry to thank for campaign support. A primary election closed Tuesday night, giving pro-crypto candidates supported […]

YZi Labs, the rebranded venture capital arm of crypto exchange Binance, made its first investment following founder Changpeng “CZ” Zhao’s release from prison, Fortune reported on Wednesday. The company formerly known as Binance Labs led a $16 million funding round into Sign, a startup that seeks to simplify token distribution and bring verification of credentials […]

Crypto asset manager Bitwise has uploaded documents to launch an exchange-traded fund (ETF) tied to the price of dogecoin (DOGE), a filing with the US. Securities and Exchange Commission on Tuesday shows. The filing, an S-1 document, is a requirement for companies seeking to issue a new security and be listed on a public stock […]