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Global Dollar Network has added 19 new partners as it pushes to increase the adoption of its Solana-based USDG stablecoin.

#markets #policy #people #regulation #legal #exchanges #equities #token projects #companies #crypto ecosystems #layer 1s #organizations #u.s. policymaking #public equities #metaverse & nft #nft collections #nft brands

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#bitcoin #policy #people #2024 elections #cynthia lummis #crypto ecosystems #layer 1s #u.s. policymaking

Last year, Donald Trump spoke at BTC Inc.’s annual conference in Nashville, TN, while on the campaign trail.

#markets #bitcoin #crypto ecosystems #layer 1s #market updates #crypto movers

Bitcoin is up nearly 4% on the day and 27.4% over the past 30 days. This is the first time BTC has seen $100,000 since February.

#markets #defi #solana #infrastructure #assets #equities #crypto ecosystems #layer 1s #public equities

Superstate was among several firms to propose an SEC-backed framework to bring Wall Street stocks to the blockchain.

#ethereum #cosmos #governance #tokens #crypto ecosystems #layer 1s

The EVM-only proposal aims to improve the user and developer experience ahead of Sei's forthcoming Giga upgrade.

#solana #companies #crypto ecosystems #layer 1s #finance firms

The move increases the firm's outstanding shares from about 2 million to 14 million, though its authorized share capital won't be affected.

#bitcoin #deals #companies #crypto ecosystems #layer 1s #mergers & acquisitions #public company mergers and acquisitions

The "reverse merger" will allow investors to exchange their bitcoin for equity, a “tax-free” transaction under Section 351 of the U.S. tax code.

#ethereum #markets #bitcoin #policy #coinbase #sec #people #regulation #xrp #exchanges #tokens #donald trump #equities #macro #token projects #companies #crypto ecosystems #layer 1s #u.s. policymaking #analyst reports

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#bitcoin #companies #crypto ecosystems #layer 1s #layer 2s and scaling #finance firms

Revolut now has access to the Bitcoin-based payment network in the UK and select European Economic Area countries, as well as Lightspark's MoneyGrid. 

#markets #bitcoin #mining #policy #people #infrastructure #donald trump #token projects #mining companies #feature #crypto infrastructure #companies #crypto ecosystems #layer 1s #u.s. policymaking

While Bitcoin mining equipment manufacturers are beginning to increase U.S.-based production, it could take years to fully onshore at scale.

#ethereum #defi #staking #smart contracts #protocols #rollups #the block #companies #crypto ecosystems #layer 1s #layer 2s and scaling

Activated at epoch 364032 around 6:05 a.m. ET, the Pectra upgrade is Ethereum’s largest-ever update by EIP count.

#markets #bitcoin #policy #binance #people #congress #regulation #bnb #stablecoins #governance #exchanges #bitcoin etf #funds #senate banking committee #donald trump #house financial services committee #equities #token projects #deals #companies #crypto ecosystems #layer 1s #u.s. policymaking #international policymaking #senate finance committee #analyst reports

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#bitcoin #deals #capital markets #crypto ecosystems #layer 1s

The crypto credit sector is about half as big as it was at its height in late 2021 though it has begun to bounce back.

#bitcoin #policy #lobbying #crypto ecosystems #layer 1s #u.s. policymaking

Arizona, Illinois, Maryland, Michigan, and Texas are also mulling plans drafted in part by the pro-Bitcoin nonprofit Satoshi Action Fund.

#solana #crypto infrastructure #companies #crypto ecosystems #layer 1s #finance firms

The purchase comes five days after DeFi Development Corp. penned a $24 million private investment in public equity deal to buy more solana. 

#markets #binance #bnb #bnb chain #exchanges #tokens #token projects #companies #crypto ecosystems #layer 1s #finance firms #investment firms #tradfi banks

Binance's BNB token could rise over 360% in the next few years, according to Standard Chartered's Geoffrey Kendrick.

#tech #security #companies #crypto ecosystems #layer 1s

The network, which is merge-mined with Monero, provides an easy way for users to earn XTM tokens using "consumer-grade" equipment. 

#bitcoin #policy #solana #legal #web3 #house financial services committee #deals #mining companies #crypto infrastructure #companies #crypto ecosystems #layer 1s #u.s. policymaking #finance firms #mergers & acquisitions #private company mergers and acquisitions #public company mergers and acquisitions

House Republicans unveil discussion draft of crypto legislation bill, and DeFi Development Corp plans to acquire a Solana validator business for $3.5 million.

#solana #deals #companies #crypto ecosystems #layer 1s #mergers & acquisitions #private company mergers and acquisitions #public company mergers and acquisitions

The SOL validator business held an average delegated solana stake of about 500,000 SOL, worth around $75.5 million at the time of writing.

#markets #bitcoin #adoption #deals #bitcoin reserve #strategy #capital markets #companies #crypto ecosystems #layer 1s #organizations #company intelligence #public equities #debt financing

Bernstein said publicly traded companies would increasingly buy bitcoin for their balance sheets amid regulation changes.

#infrastructure #ai #web3 #venture capital #startups #developer tools #decentralized infrastructure #deals #crypto infrastructure #companies #crypto ecosystems #layer 1s #new vc funds

Bittensor's TAO token has gained about 60% in the past month. Why is crypto suddenly paying closer attention?

#solana #the block #crypto ecosystems #layer 1s

It is unclear who reported the bug, and whether or not the individual or group will be entitled to a bug bounty from the Solana Foundation.

#ethereum #interview #infrastructure #tech #security #validators #developer tools #companies #crypto ecosystems #layer 1s #layer 2s and scaling

Ethereum's next biggest hard fork was delayed multiple times after testing issues on the Sepolia and Holesky testnets.

#gaming #markets #bitcoin #policy #crime #people #aptos #regulation #security #stablecoins #sanctions #legal #web3 #treasury department #tokens #donald trump #memecoins #game #equities #token projects #companies #crypto ecosystems #layer 1s #u.s. policymaking #public equities #metaverse & nft #analyst reports

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#gaming #markets #stablecoins #web3 #sui #tokens #token projects #crypto ecosystems #layer 1s #metaverse & nft

Initially launching on Sui, Game Dollar is designed to power purchases, subscriptions and rewards across gaming ecosystems.

#markets #bitcoin #earnings #equities #strategy #companies #crypto ecosystems #layer 1s #company intelligence #public equities

"Our business model is to securitize Bitcoin," Michael Saylor said last month on a webinar hosted by The Block. "We'll just keep buying."

#markets #bitcoin #policy #coinbase #people #stablecoins #web3 #donald trump #jpmorgan #equities #token projects #companies #crypto ecosystems #layer 1s #u.s. policymaking #finance firms #public equities #investment firms #tradfi banks

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

#solana #restructuring #companies #crypto ecosystems #layer 1s #finance firms

Participants in the private investment include Galaxy Digital, Amber International Holding Limited, Arrington Capital, and others.

#the block #crypto ecosystems #layer 1s

Below is a summarized version of The Block Research’s The State of Multichain Development: Benchmarking Across Ecosystems report. The full PDF version of this report is accessible here. The blockchain ecosystem is evolving beyond single-chain dominance toward a multichain future where specialized networks serve different purposes within a connected ecosystem. This “multichain thesis” posits that […]