The Block
The Block Research has created “The Future of Tokenization: How ZKsync is Changing the Game” commissioned by Matter Labs. To receive the full report in PDF format, please fill out the form below:
Bernstein analysts predict bitcoin will reach $200,000 by the end of 2025, calling the forecast “conservative.”
Quick Take Ethereum co-founder Vitalik Buterin said verifying a blockchain should be computationally viable, even on a smartwatch. He said the main issue is that the network requires clients to store hundreds of gigabytes of data to verify blocks. Buterin suggested “stateless verification” as a potential solution for the issue.
Quick Take Amity Ventures led the round, and nine additional angel investors participated. The pre-seed fundraise brings Borderless.xyz’s total funding raised to $3.3 million. The firm plans to use the funds to bolster its geographic coverage by hiring more engineers and to add liquidity to its global stablecoin payments network.
According to CryptoQuant analysts, retail investor activity in bitcoin increased in October and has gained over the past 30 days.This increase in retail demand for bitcoin is happening in tandem with growing institutional interest, analysts said.
Quick Take Vitalik Buterin said Michael Saylor’s recent comments regarding regulated bitcoin custody concerns being mostly from “paranoid crypto-anarchists” were “batshit insane.” Saylor seemed to be explicitly arguing for a “regulatory capture” approach to crypto, Buterin claimed.
Quick Take The Tokyo-listed firm has completed its stock acquisition rights program with participation from 13,774 individual shareholders. The total funds raised amounted to 10 billion yen ($66 million).
Spot bitcoin ETFs in the U.S. posted $79 million in net outflows on Tuesday.The ETFs had amassed over $2.6 billion in inflows in the past seven trading days through Monday.
Analytics firm Arkham said Tesla’s bitcoin movements last week were “wallet rotations” and that the company still owns about $776.9 million in bitcoin.Arkham noted that some speculated that the movement was to a crypto custodian.Tesla will release its third-quarter earnings results on Wednesday.
Quick Take Magic Eden added BeraChain and ApeChain as its eighth and ninth supported blockchains, respectively. The platform aims to add the Layer 1 network Monad after it goes live on testnet.
