SOON closes funding round for Solana-based layer 2
Backers hail from Solana Labs, Coinbase Ventures and Celestia, among others.
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Indiana vows outage-free energy for crypto miners, data centers
Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy.

The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury
The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets. 577 Total views 5 Total shares United States payment systems operator The Clearing House has released its response to a Treasury Department request for comment on “digital-asset-related illicit…

Euro stablecoin market surges under MiCA
French and Irish fintech companies have partnered to introduce a euro-backed stablecoin. The coin will launch on the Stellar blockchain a month after MiCA stablecoin laws were enacted.

$1.5M CryptoPunk bought for $23K, Coinbase’s NFT legal defense fund: Nifty Newsletter
Pudgy Penguins CEO Luca Schnetzler believes the SEC’s actions against NFTs are nonsense, describing them as a “nothing burger.”

Traders flock into altcoins as Bitcoin price trades sideways
Altcoins are surging higher as Bitcoin price consolidates and the prospect of a $3 trillion economic stimulus package sparks confidence in crypto investors. 318 Total views 3 Total shares The bullish momentum seen throughout the week has spilled over into the weekend as the majority of the top-100 tokens listed on CoinMarketCap are posting double-digit…

Distributed ledger tech could save TradFi $100B a year: Lobby group
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously. 116 Total views 1 Total shares Around $100 billion a year or more could be saved if distributed ledger technology (DLT) was used in traditional markets, claims a new report from the Global Financial Markets Association…

Bybit CEO declares ‘war against Lazarus’ after $1.4B hack
Ben Zhou announced the launch of a bounty program after reporting hackers tied to North Korea used an exploit to steal more than $1.4 billion in crypto from Bybit.

New agent launches on Virtuals plummet amid AI token drawdown
Originally launched on Base, the AI engine hosts popular agents but has experienced a sharp decline in new debuts.