Crypto Biz: The Bitcoin summer, Avalanche integrates with Stripe, and more
This week’s Crypto Biz features the Lightning Network rollout on Coinbase, Avalanche integration with Stripe, MicroStrategy earning results and BlackRock’s new tokenized fund.
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Crypto mixer Blender has been rebranded to Sinbad, says Elliptic
Elliptic's analysis of wallets tied to a suspected Blender operator showed $22 million going to Sinbad as well as similar "characteristics of transactions" between the mixers. 67 Total views 1 Total shares Own this piece of history Collect this article as an NFTBlender, the cryptocurrency mixer sanctioned by the United States Department of the Treasury’s…

Coinbase campaign for sensible crypto policies hits coffee cans to ‘wake up’ regulators
Coinbase and a group of crypto entrepreneurs went to Washington D.C. to convince lawmakers to provide regulatory clarity for the industry. 49 Total views 1 Total shares The Coinbase “Stand with Crypto” campaign has reached coffee cans as the exchange and industry stakeholders marched to Washington D.C. to convince the country’s lawmakers to provide regulatory

OP Crypto launches $100M fund to back early-stage crypto VCs
Targeting a hard cap of $100 million, the OP FoF I fund is expected to close by the end of Q3, OP Crypto’s COO Lucas He said. 413 Total views 17 Total shares OP Crypto, a cryptocurrency venture capital firm founded by former Huobi executive David Gan, is launching a new fund to support emerging…

VanEck Bitcoin Strategy ETF will likely launch next week as crypto prices reach ATHs
The asset manager could be the first to follow ProShares, which listed its Bitcoin Strategy ETF on the New York Stock Exchange on Monday. 2226 Total views 28 Total shares The United States Securities and Exchange Commission, or SEC, has likely approved asset manager VanEck’s Bitcoin Strategy exchange-traded fund (ETF), with trading expected to begin…

AI bots mingled at a bar and had a party when researchers gave them a town
A society of 25 artificial intelligence (AI) bots were observed waking up, cooking breakfast, heading to work, going to the bar for lunch with friends and even throwing a party by six researchers who created a town for the bots.The researchers from Google and Stanford University explained in an April 7 paper titled “Generative Agents:…

Elon Musk’s ‘DOGE’ gov meme sends political speculation soaring
Musk previously signaled he was ready and willing to serve if Donald Trump is elected president of the United States.

95% of Ripple’s customers are not from the US, CEO Garlinghouse says
Potential customers in the U.S. are apparently holding off from using Ripple’s XRP-related services due to regulatory uncertainty. 2203 Total views 10 Total shares As Ripple reportedly prepares to relocate its headquarters outside of the United States, it turns out that only 5% of the company’s clients are based in the country, according to the…

Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body
Crypto advocates The Digital Chamber has backed Nvidia in a Supreme Court fight with investors, saying the court’s decision could affect the entire crypto industry.