The project formerly known as “Taro” has been rebranded “Taproot Assets” after Lightning Labs was hit with a trademark infringement lawsuit. The new offering comes with a “core set …

Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default. Source: https://www.coindesk.com/markets/2023/05/16/bitcoin-slides-below-27k-as-investors-eye-debt-ceiling-negotiations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Automated market maker Balancer is working with a trio of DeFi protocols to rescue crypto frozen since Euler’s massive hack. Source: https://www.coindesk.com/business/2023/05/16/balancer-proposes-permissioned-arbitrage-to-rescue-inverse-finances-frozen-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

“You’re saying this is not what customers want. Actually, this is what future customers want,” said Ledeger CEO Pascal Gauthier. Source: https://www.coindesk.com/tech/2023/05/16/ledger-bats-back-criticism-of-new-wallet-recovery-service/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Bedrock hard fork, proposed earlier this year and approved by the Optimism community in April, is supposed to bring a “new level of modularity, simplicity and Ethereum equivalence.” …

OETH is a yield-bearing, ether-pegged token, offering an easy way to maximize yield from ETH staking using protocols such as Curve Finance. Source: https://www.coindesk.com/tech/2023/05/16/origin-protocol-enters-competitive-ether-yield-market-with-oeth-offering/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the round. Source: https://www.coindesk.com/business/2023/05/16/bitcoin-miner-cormint-raises-30m-series-a-to-build-texas-data-center/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The browser-extension wallet is using Ledger’s security infrastructure to help users navigate decentralized applications while keeping their assets safe. Source: https://www.coindesk.com/web3/2023/05/16/crypto-wallet-bitski-taps-hardware-wallet-ledger-to-make-web3-more-secure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin’s realized price looks set to cross above the average on-chain acquisition price of long-term holders, indicating a prolonged bullish period ahead. Source: https://www.coindesk.com/markets/2023/05/16/bitcoins-realized-price-on-the-cusp-of-flashing-major-bullish-signal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tron founder blockchain and Huobi stakeholder Justin Sun has lodged a series of accusations against the brother of Huobi founder Li Lin, alleging that he acquired Huobi’s native token …