bitcoin
* Metaplanet Inc. stock price surged 25.8% after buying $1.26 million worth of bitcoin. * The Tokyo-listed company now holds 225.611 BTC, valued at $14.2 million. * Metaplanet started adopting bitcoin as a strategic treasury reserve asset in May. * The latest purchase of 21.877 BTC follows previous acquisitions
bitfinex
* Plaintiffs accuse Tether and Bitfinex of manipulating crypto prices through USDT scheme. * Allegations include fraudulent price inflation and unbacked USDT issuance. * Violation of CEA and Sherman Antitrust Act claimed by Plaintiffs. * Amended complaint filed in SDNY, third in ongoing class-action lawsuit. * Defendants deny allegations, citing lack of evidence supporting claims.
coinbase
* Coinbase narrows subpoena to SEC Chair Gensler's communications during his tenure. * Judge Failla raised concerns about accessing Gensler's private chats before his SEC Chair role. * Coinbase to file motion to compel by July 23, SEC to respond by Aug. 5. * SEC sued Coinbase in June 2023
bitcoin
* The Law Commission of the UK suggests integrating DAOs into existing financial regulations and tax frameworks. * Regulatory challenges exist due to the diverse nature of DAOs and their adaptation to local laws. * Review of trust law and Companies Act 2006 proposed for oversight of DAOs. * International cooperation urged for establishing
blockchain
* Partior, a joint venture between DBS, JPMorgan, and Standard Chartered, raised $60 million for blockchain-based interbank payment rails. * Morgan Creek plans to raise $500 million for a new fund targeting AI, blockchain, chips, and data. * Portal introduces PortalPay service to lower barriers in blockchain gaming by providing interoperability for in-game
bankruptcy
* FTX creditors can choose cash or crypto payout at market value. * Judge approved voting plan for creditors on June 25. * Creditors dissatisfied with proposed 118% cash return plan. * Vote aims to gather feedback from FTX customers. * Creditors have until Aug. 16 to vote on the plan. * FTX has recovered $11.
blockchain
* Conduit raises $37M to develop blockchain products with Haun Ventures and Paradigm leading. * Funding round includes Robot Ventures, Credibly Neutral, Coinbase Ventures, and Bankless Ventures. * Conduit plans to create customizable rollups for new distributed ledger use cases. * Layer 2 scaling solutions by Conduit aim to speed up on-chain transactions. * Increased
ethereum
* VanEck filed Form 8-A for a spot Ethereum ETF, signaling potential launch by July 2. * SEC reviewing S-1 applications for Ethereum ETFs, likely to approve by summer. * Bitwise, VanEck, and Franklin Templeton gearing up for Ethereum ETF launch. * Eric Balchunas predicts Ether ETFs could be available for trading soon. Political
burning
* ETH supply inflation since Merge and Dencun upgrade in March. * EIP-4844 introduced blobs, reducing fees on layer 2 networks. * Dencun introduced proto-danksharding for efficient data availability. * Total ETH burned since Merge exceeds added supply. * 1.5 billion ETH burned, 1.36 billion added, resulting in supply reduction. * Over $1.1
assange
* Julian Assange freed after plea deal with U.S. DOJ, ending legal battle. * AssangeDAO raised 16,500 ETH for legal costs, facing calls for transparency. * WikiLeaks accepted Bitcoin donations, sustaining operations during financial blockades. * Assange's release marks end of jail time, using private jet funded by crypto enthusiasts.
blockchain
* Versatile Sharing: Blinks allow Solana actions to be shared on any website or app. * Ease of Use: Solana Actions APIs simplify signing and sending transactions. * Key Development: Blinks are compatible with leading wallets like Phantom and Solflare. * Native Integration: Blinks can be enabled through wallet settings without additional extensions. * Potential
blockchain
* ZKsync introduces ZKsync 3.0 roadmap for interconnected ecosystem. * ZKsync 3.0 features Elastic Chain, similar to Polygon's AggLayer. * v24 upgrade turns ZKsync into an Elastic Chain. * Elastic Chain connects multiple ZK chains for seamless user experience. * Matter Labs' ZK Stack allows developers to build custom chains.