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Discover the Latest Developments in Crypto Tech
Welcome to our weekly cryptocurrency tech update, where we delve into the most significant stories in the industry. I'm Margaux Nijkerk, Ethereum protocol reporter at CoinDesk's Tech team. This issue features key network news, including Solana's successful integration with MetaMask, allowing users to transact and interact with Solana-based applications through the popular browser wallet. A new Li…
May 28, 2025, 5:17 p.m.
Tech
Katana Network Launches to Address DeFi Fragmentation with Backing from Polygon and GSR
A newly launched decentralized finance (DeFi) blockchain, Katana, has announced the launch of its private mainnet. Developed in collaboration with industry leaders Polygon and GSR, Katana aims to create a unified liquidity hub, streamlining yield generation from diverse sources. The team's ultimate goal is to power a self-sustaining DeFi ecosystem for long-term growth. According to Marc Boiron, C…
May 28, 2025, 3 p.m.
Tech
New Self-Replicating Malware Targets Dero Cryptocurrency with Unprecedented Resilience
A novel Linux-based malware campaign has been identified, exploiting unprotected Docker infrastructure globally and transforming compromised servers into an integral part of a decentralized network dedicated to mining Dero, a cryptocurrency that prioritizes user privacy, currently valued at $0.3014. According to a report published by the cybersecurity firm Kaspersky, the malicious operation initi…
May 28, 2025, 1:11 p.m.
Tech
Bitcoin Ordinals Now Transferable to Cardano via BitVMX Bridge
Cardano has further solidified its position as a hub for Bitcoin DeFi, successfully facilitating the transfer of Bitcoin Ordinals to its mainnet. This breakthrough on-chain transaction between Bitcoin and Cardano was made possible by BitVMX, a pioneering interoperability protocol built on the BitVM computing paradigm. The transaction was announced by Input | Output, the driving force behind Carda…
May 28, 2025, 9:48 a.m.
Tech
MetaMask Now Supports the Solana Network
Solana users can now seamlessly connect to the network using their MetaMask wallet, following the recent announcement that the Solana integration is live. This move enables users to conduct transactions and interact with Solana-based applications directly through the wallet. According to the announcement, managing multiple wallets is no longer a hassle, as the latest MetaMask Extension allows nat…
May 27, 2025, 9:30 p.m.
Tech
Square Tests Instant Bitcoin Transactions in Las Vegas, Aims for Widespread Adoption by 2026
At the Bitcoin 2025 conference in Las Vegas, Square, a company founded by Jack Dorsey, has advanced its bitcoin payment capabilities. For a three-day period, attendees are participating in a trial program that enables them to use bitcoin for purchases by scanning a barcode. The payments are processed nearly instantly through the Lightning Network, with Square handling the real-time exchange rate …
May 27, 2025, 8:05 p.m.
Tech
Google Researcher Reveals Quantum Computing Could Potentially Break Bitcoin-Like Encryption More Easily Than Initially Thought
Research conducted by Google Quantum AI researcher Craig Gidney indicates that breaking RSA encryption, widely used to secure data, may necessitate 20 times fewer quantum resources than previously estimated. Although the study does not specifically mention Bitcoin or other cryptocurrencies, it targets the encryption methods that form the backbone of crypto wallets and certain transactions. RSA, a…
May 27, 2025, 8:17 a.m.
Tech
Binance Square Introduces Live Streaming for Traders, Challenges Established Social Media
Binance Square, a social networking platform launched by Binance in October 2022, has unveiled a live streaming feature. This new offering is designed to provide seasoned traders and content creators with an additional platform to connect with their audience, promoting knowledge sharing, increasing engagement, and providing users with deeper market understanding. Live streaming is a common featur…
May 26, 2025, 3:03 p.m.
Tech
Unveiling the Untold Story of Laszlo Hanyecz, the Legend Behind Bitcoin Pizza Day
The tale of the first real-world purchase with bitcoin has been etched into the internet's memory, with the Bitcoin Pizza Purchase now valued at over $1 billion. However, few know that Hanyecz spent nearly 10 times more bitcoin after this historic purchase, possibly as a form of penance for his significant contributions to Bitcoin's early technical development. As a pioneer, Hanyecz created the f…
May 22, 2025, 1:06 p.m.
Tech
FIFA Partners with Avalanche to Develop a Custom Blockchain, Expanding Web3 Goals
The global governing body of football, FIFA, intends to utilize Avalanche's network to establish its own dedicated layer-1 blockchain. The FIFA Blockchain, an Avalanche L1, is a customizable blockchain that leverages Avalanche's technology. This announcement follows Avalanche's recent major upgrade, Avalanche9000, designed to attract new developers and encourage the creation of customized L1s. FI…
May 22, 2025, 10 a.m.