Data availability blockchain Celestia is live on mainnet, making it the first modular data availability network to be publicly available. 

Celestia’s mainnet launch will consist of rollups that use the network as its data availability and consensus layer.

The team recently initiated its airdrop efforts, through which 6% of the tokens total circulating supply was set to be awarded to eligible participants.

Read More: Celestia opens airdrop for planned modular data availability network

Data availability refers to the capability network nodes have to download transaction information, store the information and ensure that participants can access the information to verify or dispute its…

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Sam Bankman-Fried subjected the jury to around five hours of roundabout answers and some seemingly convenient amnesia when he took the stand at his own criminal trial this week. 

One of the only things we know for certain is that somebody is lying. 

Over four weeks of trial, jury members heard from 18 government witnesses. The list includes three members of Bankman-Fried’s former inner circle: Caroline Ellison, Gary Wang and Nishad Singh, all of whom have pleaded guilty to multiple federal counts in the hopes of receiving lenient sentences. 

Now, from the witness stand himself, Bankman-Fried is attempting to reclaim the narrative. 

Bankman-Fried, the disgraced founder of FTX and…

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The Ethereum layer-2 ecosystem is likely to continue evolving with diverse technological approaches, according to co-founder Vitalik Buterin.

The co-founder of the smart contract blockchain unpacked the current landscape of Ethereum’s scaling ecosystem on his personal blog, with several layer-2 protocols differing in their approaches to bring greater scaling capacity, lower costs and increased security.

As Buterin highlighted, Ethereum Virtual Machine (EVM) rollups that have been pioneered by Arbitrum, Optimism, Scroll and more recently Kakarot and Taiko have drastically improved the respective security of their solutions.

Different types of layer 2shttps://t.co/ry4VTtWhJ1

— vitalik.eth… Read more on Cointelegraph

The German technology company Siemens has partnered with Microsoft and announced its new generative artificial intelligence (AI) -powered assistant the Siemens Industrial Copilot. 

On Oct. 31, the companies revealed the AI assistant to promote “human-machine collaboration” and enhance productivity. In the announcement, they have also revealed to be building additional AI assistants to cater to professionals in the manufacturing, healthcare, transportation and infrastructure industries.

The companies have stated that their goal is to bring the “benefits of generative AI to industries worldwide.” Within the manufacturing industry itself, the companies say they have planned Copilots…

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Bitcoin BTC/USD moved slightly lower, but the cryptocurrency prices remained above the $34,500 level on Tuesday.

Ethereum ETH/USD also edged lower, but traded above the key $1,800 mark this morning.

The S&P CoreLogic Case-Shiller 20-city home price index climbed 2.2% year-over-year in August versus a 0.2% increase in July. The FHFA house price index increased by 0.6% from the prior month in August versus a 0.8% rise in July.

Arweave AR/USD was the top gainer over the prior 24 hours, while Render RNDR/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.28 trillion, recording a 24-hour gain of 0.1%. BTC was trading lower by 0.3% at $34,509…

Read more on Benzinga

Matt Bell was on the staff at Tendermint (All in Bits) in the early days of 2017 when Cosmos was just a talking point between co-founders Jae Kwon and Ethan Buchman.

One of his early jobs as a software engineer was working out how best to accept bitcoin for the ATOM token sale. The June 2017 fundraiser, held during the heady days of a bull market, easily hit its hard cap of $17 million in bitcoin at a time when it was changing hands for around $2,500.

Bell left at the end of 2018 and founded Nomic-developer Turbofish, with the goal of bringing bitcoin to Cosmos directly.

After nearly five years, Nomic is now locking mainnet bitcoin and minting nBTC, an IBC-transferrable token, available…

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The rise of digital currencies, exemplified by Bitcoin (BTC), brought a groundbreaking shift in the financial landscape. 

However, it also brought to light a critical challenge: price volatility. Bitcoin and many other early cryptocurrencies exhibited extreme price fluctuations, making them difficult to use for everyday transactions or as a reliable store of value.

Users recognized the need for stability when dealing with digital assets, particularly when conducting business or holding assets for an extended period. This need for stability in the digital currency realm paved the way for the development of stablecoins.

As a result, stablecoins emerged to address the need for a reliable and…

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Politically-motivated rate cuts could coincide with the bitcoin “halvening” — as well as potential spot bitcoin ETF launches — making for a “very exciting spring” for crypto investors, Van Eck says.

“We’re near the end of this Fed cycle of tightening,” he says. “We’re certainly closer to the end than the beginning.”

“If one is cynical about the election, then you want at least six months for lower rates to kick in,” he adds. 

On the Empire podcast (Spotify/Apple), the Van Eck CEO admits he is not a “mind reader” when it comes to the timing of potential spot bitcoin ETF approvals. But he sees “movement at the [US Securities and Exchange Commission] now,…

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