Author: American Coins & Gold

Pi Squared, Building 'Universal ZK Circuit', Raises .5M
The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote computing” along with other blockchain use cases including AI.

RedStone, Blockchain Oracle Project Pushing Into Restaking, Raises M
The fresh round of capital will go towards hiring new team members, according to a press release.

CoinDesk 20 Performance Update: ADA and XRP Lead
Overnight, ADA and XRP led the CoinDesk 20 with half the assets trading higher.

Astar Network to Burn 350M ASTR, 5% of Total Supply
Multi-chain smart contract network Astar Network will burn 350 million ASTR tokens representing 5% of its total supply following a governance vote.

First Mover Americas: Bitcoin Bulls Hopeful Entering July as ETFs Record 0M Inflows
The latest price moves in bitcoin (BTC) and crypto markets in context for July 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Worldcoin Hires Former Google, X and Apple Execs to Beef Up Privacy, Security
Tools for Humanity (TFH), a contributor to the Worldcoin project, hired four executives to advance its mission to ensure a more just economic system, the company said on Tuesday.

Paxos Gains Singapore Approval for Stablecoin Issuance With DBS Providing Custody
The Monetary Authority of Singapore released its stablecoin framework last year.

These Hot Crypto Tokens Beat Bitcoin Gains in Q2. Here's What Drove Prices and What's Next

Ether Spot ETFs to See Up to B of Net Inflows in First Six Months: Gemini
Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report said

Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs
Ether-tracked investment products have collectively lost nearly $120 million in the past two weeks while bitcoin products recorded inflows.