The Block
Quick Take Denmark’s tax authority has recommended a “mark-to-market” taxation on crypto assets as part of its upcoming legislative proposal. Kraken plans to launch its own Ethereum Layer 2 blockchain called “Ink,” built using Optimism’s OP Stack. Ethereum Layer 2 network Base is set to introduce permissionless fault proofs on Oct. 30, designed to help decentralize the network and eliminate single-entity control. The following article is adapted from The Block’s newsletter, The Daily, which comes out on we
Quick Take Infinex founder Kain Warwick discusses his new platform, the upcoming U.S. election and the broader DeFi landscape.
Quick Take The foundation is collaborating with the decentralized AI platform FLock.io to create AI-powered tools for the bespoke programming language Move.
Quick Take Coinbase has laid out its vision for a future where AI agents could use crypto to ignite economic growth. On Wednesday, Coinbase offered a wallet to the recently-minted millionaire, memecoin trading bot known as Truth Terminal.
Standard Chartered analyst Geoff Kendrick expects bitcoin to revisit its all-time high of over $73,000 on the day of the U.S. presidential election.Kendrick has based his prediction on bitcoin derivatives and trading volume indicators.
Quick Take GnosisDAO is launching a $40 million venture fund to support early-stage projects under the Gnosis 3.0 roadmap, according to an announcement on Thursday.
Quick Take Ankr will provide a “gateway for developers to build on TON blockchain.” Building mini-apps and mini-games for Telegram, which utilize TON, has become increasingly popular in recent months.
Quick Take Crypto exchange Kraken will launch its own Layer 2 blockchain called “Ink” in the first quarter of 2025. Built using the OP Stack, Ink follows the lead of rival crypto exchange Coinbase’s launch of Base in 2023.
Quick Take Coinbase Ventures and the a16z Crypto Startup Accelerator (CSX) contributed strategic funding to Skyfire’s $8.5 million seed raise from August. The fresh financing brings the AI payments firm’s total funding raised to $9.5 million Skyfire is building the infrastructure that lets AI agents make autonomous payments, eschewing a human intermediary.
Quick Take Developers behind the Ethereum-compatible “spiderchain” network will integrate Chainlink’s Cross-Chain Interoperability Protocol and data oracles to expand bitcoin’s functionality.
