Author: American Coins & Gold

Protocol Village: Blockstream Opens R&D Center in Lugano, Switzerland

Dune Launches Dashboard Tracking .5B Lost to Crypto Hacks and Phishing Scams
The new dashboard by Dune reveals funds lost in over 5,500 blockchain-based scams, exploits, and attacks.

In Win for Polygon's AggLayer, Magic Labs Unveils Chain Unification Network 'Newton'
Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow tokens to freely move between them. Magic Labs claims its the first dedicated network for wallet solutions and chain unification.

VC Darling Eclipse Finally Debuts Its Solana-Ethereum Blockchain Hybrid
Eclipse raised more than $50 million from investors but has been marred by controversy over the past year.

First Mover Americas: Bitcoin Holds Below K Before Expected U.S. Rate Cut
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

SEC Seeks to Dismiss Three of Kraken’s Key Defenses in U.S. Lawsuit
A motion filed earlier this week rejected several of Kraken’s defenses and complained that the exchange was “trying to re-litigate the same issues repeatedly.”

Donald Trump More Likely to Pardon Jan. 6 Protestors Than Silk Road Founder: Polymarket
The President-Elect promised pardons for the protestors and to commute Ulbricht’s sentence when he was on the campaign trail.

German Chancellor Scholz Calls Snap Election as Coalition Government Collapses
Olaf Scholz is looking to bring the general election forward to March from September.

Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts Record Volume
BlackRock’s iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.

Trump's Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares
Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency’s total supply, the report said.