Markets

Storj, Filecoin and Solana Lead First Week of July Crypto Market Gains

STORJ, the native token of the crypto-backed, cloud storage platform, rose 15% on the week, outdistancing bitcoin and ether, among other digital assets.

Crypto storage tokens were the biggest gainers for the week. (Shutterstock)

Finance

Celsius to Potentially Sell More Than $170M in ADA, MATIC, SOL and Altcoins for BTC, ETH

Court documents from last November give a rough picture of the lender’s altcoin holdings.

(Unsplash/Modified by CoinDesk)

Tech

Liquid Staking Frenzy Spreads to Solana as Drift's 'Super Stake' Offers One-Click Leverage

Drift Protocol’s “Super Stake” is a hit among traders trying to get extra yield on their staked SOL tokens.

Solana's offices in New York (Danny Nelson)

Tech

New deBridge Feature Lets Solana Users Easily Access Any Ethereum-Based Blockchain

deBridge said the feature was the first time a Solana user could access Ethereum Virtual Machine-based blockchains, such as Arbitrum, without relying on derivative tokens or wrapped tokens, which present a security risk.

Bridge (Alex Azabache/Unsplash)

Consensus Magazine

Consensus Web3athon 2023 Reveals Its Winners

Six projects building on five blockchain protocols will take home over $200,000 in grants to help fund development.

Atmosphere (Shutterstock/CoinDesk)

Videos

Robinhood Lays Off 7% of Full-Time Staff in Third Round of Job Cuts Since April 2022: WSJ

Robinhood (HOOD) has shed 7% of its full-time staff, or about 150 employees, in a third round of layoffs since April 2022, according to The Wall Street Journal. This comes as the trading platform delists Cardano (ADA), Polygon (MATIC) and Solana (SOL), tokens that the SEC named as securities in its recent lawsuits against Binance and Coinbase. "The Hash" discusses Robinhood's recent business decisions.

Recent Videos

Markets

ADA, SOL Underperform as Robinhood Gets Set to Delist Them Amid SEC Crackdown

The popular trading app will no longer support the trading of Cardano, Solana and Polygon after Tuesday.

Trading app Robinhood has added Solana, Pepe, Cardano and XRP to the list of cryptocurrencies available to trade on its platform. (Unsplash)

Videos

Robinhood Ending Support for Tokens Named in SEC Lawsuit as Securities

Robinhood (HOOD), the popular trading platform, is ending support for Cardano (ADA), Polygon (MATIC) and Solana (SOL), three tokens that the SEC named securities in its recent lawsuits against Binance and Coinbase. OANDA Senior Market Analyst of The Americas Edward Moya discusses what Robinhood's delisting of these tokens could mean for bitcoin (BTC).

CoinDesk placeholder image

Videos

Bitcoin Could Reach $40K By End of Year: Analyst

Edward Moya, OANDA Senior Market Analyst of The Americas, discusses why he thinks bitcoin (BTC) could end the year around the $40,000 level, citing the recent macroeconomic backdrop and the recent flurry of spot bitcoin ETF filings in the U.S. Plus, Moya addresses the possible market reaction to Robinhood ending support for Cardano (ADA), Polygon (MATIC) and Solana (SOL).

Recent Videos

Tech

Solana-Based Crypto Lending Platform Jet Pivots to Fixed-Rate Term Lending

The project's new model uses an order book to match borrowers and lenders, relying on a market-based mechanism to set interest rates.

(Shutterstock)