Technology
The new tools, protocols and infrastructure shaping crypto today.
Crypto Developer Activity Surges in Asia as Solana Support Grows: Electric Capital
Crypto's best minds are heading east, and it's gaining at a pace that other regions are finding hard to catch up to. Asia was responsible for 32% of global crypto developer activity in 2024, according to a report from venture firm Electric Capital. The firm recently published its comprehensive annual report, analyzing over 900 million code commits across the crypto industry. The transformation represents a nearly threefold increase from Asia's 12% share in 2015, while North America's position de...
Nov 21, 2024
Technology
Know Your Missiles: Russia’s Experimental Hypersonic Missile Is A New Kind of Killing Machine
Whether it was a long-range Intercontinental Ballistic Missile, as originally feared, or an experimental intermediate-range hypersonic missile, as now believed, Russia’s war with Ukraine took yet another step toward fears of nuclear escalation on Wednesday. The Russian missile strike on the Ukrainian city of Dnipro appeared to be in retaliation for missile attacks on Russia Tuesday after the Biden Administration authorized Ukraine to use long-range American-made Army Tactical Missile Systems (AT...
Nov 21, 2024
Technology
Flare Co-Founder: Decentralized Data Will Power ‘Future Value’ of Crypto Industry
Data powers the crypto industry—but the limitations of today’s oracles threaten its security, decentralization, and usability, according to Hugo Philion, Co-Founder of “blockchain for data” Flare. “There are really only very few things you can do without data,” Philion explained during his recent sitdown interview with Decrypt. “Data powers pretty much most of the value of the current use cases, and we think most of all of the future value,” in the crypto and blockchain industry. However, he ex...
Nov 16, 2024
Technology
Mobile Crypto Apps Are Climbing the Charts as Bitcoin Blasts Off
Mobile cryptocurrency apps have jumped towards the top of App Store rankings amid a surge for Bitcoin and other crypto prices, resulting in a major increase in the overall market cap for all coins—surpassing $3 trillion earlier this week. Coinbase leads the charge, jumping from #26 on Election Day to #1 on Friday in the Free Finance category of Apple’s App Store for iOS devices. The ranking boost aligns with significant spikes in trading volume on the exchange, which surpassed more than $12 bill...
Nov 14, 2024
Technology
Privacy Project Nym Is Building an 'NSA-Proof' VPN
The current generation of virtual private networks (VPNs) has a problem, according to Nym CEO Harry Halpin. “They basically say, ‘Trust us, we're not going to log or copy your data’,” he said onstage at Web Summit, “but actually they can. You just have to trust them.” Independent audits can be faked, he added, or are “not particularly trustworthy themselves.” “Two or three large VPN companies actually run most user-facing VPNs,” he explained, adding that because they’re centralized, “you're not...
Nov 7, 2024
Technology
Magic Labs' Newton Launches to Unify Chains on Polygon AggLayer
Aiming to solve the growing issue of liquidity fragmentation across Ethereum-compatible networks, Magic Labs and Polygon Labs have teamed up to launch Newton, described as a “chain unification network." Newton is designed to boost interoperability across Polygon’s AggLayer, which connects layer-1 and layer-2 chains with shared liquidity. Magic Labs will deploy a wallet on Newton called Passport that lets users store and transfer various digital assets across various blockchain platforms with “si...