Layer-2 blockchain Cartesi has launched Optimistic Rollups that will allow developers to build scalable Ethereum applications.

Robinhood is blocking crypto trading, and Coinbase is also temporarily down due to outsized traffic. 

It’s been an eventful week for the markets, not least Robinhood.

The app just halted crypto trading. 

Thanks to an integration with the cryptocurrency exchange FTX, Blockfolio users will now access zero-fee trading and token bonuses. 

Blockfolio now supports crypto and stock trading. The company announced that it would be offering zero-fee trading last night.

The move is made possible by an integration of the cryptocurrency exchange FTX. 

Market participants seem to have entered an irrational FOMO state after Tesla and SpaceX CEO Elon Musk suggested that he now supports Bitcoin.

Musk tweeted that “in retrospect, it was inevitable” after changing his Twitter bio to include one word: Bitcoin.

Rather than an IPO, Coinbase announced yesterday that they are making plans for a direct listing. 

Coinbase is planning to go public via a direct listing. The cryptocurrency giant announced the news via its blog yesterday.

The post read: 

Stellar’s market outlook seems to be improving in the aftermath of a three-week-long consolidation period.

Stellar Lumens (XLM), the eleventh-largest cryptocurrency by market cap, appears to be breaking out of a descending triangle that has been developing on its 4-hour chart since Jan. 7. 

CipherTrace has published its Cryptocurrency Crime and Anti-Money Laundering Report, outlining 2020’s biggest trends in digital crime.

In 2020, crypto criminals stole a total of $1.9 billion dolllars.

A Chinese Ponzi scam, WoToken, was responsible for the largest incident of theft. WoToken brought in $1.1 billion and was responsible for 58% of the year’s major crime volume.

While Bitcoin and Ethereum seem at risk of a painful correction, Chainlink (LINK) has been able to rebound over the past 24 hours. It now faces stiff resistance that will determine where prices go next.

A former Bitcoin critic, Ray Dalio wrote in an investor letter today that Bitcoin may have some longevity and value in the future. Dalio’s hedge fund Bridgewater Associates LLC. is looking at adding Bitcoin to its balance sheet.

The crypto market has stirred at the news that the Reddit WallStreetBets community behind the GameStop stock pump has set its sights on Dogecoin (DOGE). The popular trading app Robinhood had another idea, however. 

This morning, a moderator made it clear that the group will not participate in “blockchain shit.”

Still, Dogecoin’s near 100% gains since yesterday have raised hopes that crypto’s favorite troll coin could be the next GameStop.