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Trump urges House to pass GENIUS stablecoin bill: ā€˜get it to my desk, ASAP’

Trump urges House to pass GENIUS stablecoin bill: ā€˜get it to my desk, ASAP’

U.S. President Donald Trump urged the House of Representatives to swiftly advance the GENIUS Act for his final sign-off.The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act passed final voting from the Senate with bipartisan support on Tuesday, moving it for decision in…

Ethena Labs, Securitize enable 24/7 atomic swaps between USDtb and BlackRock’s tokenized fund

Ethena Labs, Securitize enable 24/7 atomic swaps between USDtb and BlackRock’s tokenized fund

Ethena Labs, the developer of the synthetic dollar USDtb, and real-world asset tokenization firm Securitize have enabled round-the-clock atomic transfers between BlackRock’s tokenized fund BUIDL and Ethena’s stablecoin, which the fund backs."Through the USDtb Liquidity Fund, qualified participants o…

Coinbase seeks SEC greenlight for tokenized stocks to compete with Robinhood, Charles Schwab

Coinbase seeks SEC greenlight for tokenized stocks to compete with Robinhood, Charles Schwab

Coinbase is pushing for regulatory clarity to bring tokenized equities to U.S. customers, Paul Grewal, the company's chief legal officer, told Reuters on Tuesday. If approved, the move could allow the crypto exchange to offer blockchain-based trading of traditional stocks — putting it on a collision…

From noodles to nodes: DayDayCook, an Asian food brand, to raise $528 million for bitcoin binge

From noodles to nodes: DayDayCook, an Asian food brand, to raise $528 million for bitcoin binge

DDC Enterprise Ltd. (ticker: DDC), also known as DayDayCook, said Tuesday it has secured three funding agreements worth up to $528 million to expand what it aims to become ā€œthe world’s most valuable bitcoin treasury.ā€The China- and U.S.-based consumer brand and e-commerce company, previously focused…

Avalanche transactions top 1 million amid ERC-404 minting frenzy

Avalanche transactions top 1 million amid ERC-404 minting frenzy

Avalanche has experienced an onchain boom in recent weeks, as the 7-day moving average (7DMA) of the number of transactions on the chain reached 1 million, its highest in over a year. For context, at the beginning of May, this figure stood at just 296,000 transactions. In the span of less than two w…

a16z crypto invests $70 million in direct EigenLayer token deal to back EigenCloud developer platform rollout

a16z crypto invests $70 million in direct EigenLayer token deal to back EigenCloud developer platform rollout

The blockchain-focused arm of Andreessen Horowitz, a16z crypto, has purchased an additional $70 million worth of EigenLayer's EIGEN tokens to help support the launch of the Ethereum restaking project's new developer platform, EigenCloud.a16z crypto previously led a $100 million Series B round for Ei…

The Blockchain Group to raise $8.3 million through share issuance to expand bitcoin holdings

The Blockchain Group to raise $8.3 million through share issuance to expand bitcoin holdings

The Blockchain Group, Europe's first bitcoin treasury company, announced today a capital increase plan totaling €7.2 million ($8.3 million) as part of its $342 million at-the-market-style program to acquire more bitcoin.In a statement released today, the company, listed on Euronext Growth Paris, ann…

MEV bots are clogging blockchains faster than networks can scale, says Flashbots

MEV bots are clogging blockchains faster than networks can scale, says Flashbots

Maximal extractable value, or MEV, has ā€œbecome the dominant limit to scaling blockchains,ā€ research group Flashbots warned in a new report released Monday. The paper argues that spam transactions generated by MEV bots are soaking up blockspace faster than networks can add it, nullifying recent break…

Strategy acquires another 10,100 bitcoin for $1.05 billion, bringing total holdings to 592,100 BTC

Strategy acquires another 10,100 bitcoin for $1.05 billion, bringing total holdings to 592,100 BTC

Bitcoin treasury company Strategy (formerly MicroStrategy) acquired an additional 10,100 BTC for approximately $1.05 billion at an average price of $104,080 per bitcoin between June 9 and June 15, according to an 8-K filing with the Securities and Exchange Commission on Monday.Strategy now holds a t…

CoinShares joins VanEck, Fidelity and others in race for spot Solana ETF approval, files S-1 with SEC

CoinShares joins VanEck, Fidelity and others in race for spot Solana ETF approval, files S-1 with SEC

CoinShares has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission to list shares of a spot Solana exchange-traded fund for public trading, according to documents seen on the SEC’s EDGAR system.The proposed product, dubbed the CoinShares Solana ETF, lists CoinSha…

Interchain Labs says former Cosmos maintainers unknowingly onboarded North Korea-linked actor, finds no security issues and doubles bounty

Interchain Labs says former Cosmos maintainers unknowingly onboarded North Korea-linked actor, finds no security issues and doubles bounty

Interchain Labs has confirmed that an individual later identified as being linked to North Korea contributed to Cosmos repositories while employed by former maintainers between 2022 and 2024.The Cosmos core developer, in collaboration with the Security Alliance and Asymmetric Research, published a s…

Justin Sun-linked firm to go public in US with TRX acquisition strategy; Eric Trump expected to take role: FT

Justin Sun-linked firm to go public in US with TRX acquisition strategy; Eric Trump expected to take role: FT

A firm linked to the Tron blockchain and its billionaire founder, Justin Sun, is planning to go public in the U.S., the Financial Times reported on Monday.The company plans to go public through a reverse merger with Nasdaq-listed SRM Entertainment in a deal arranged by Dominari Securities — a New Yo…