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a16z crypto leads $33 million seed round for Yupp as it exits stealth to build crypto-incentivized AI model evaluation platform
Yupp is a free platform that allows users to compare answers from multiple AI models, using crypto rails for rewards …
The Protocol: Polygon, Once a Scaling Leader, Eyes a Revamp
Also: EF Treasury Policy, Increase of OP_CAT Data Limit, and Plume Genesis Goes Live.
Democratic senators Warren and Blumenthal push back against Meta’s renewed stablecoin ambitions
Facebook's earlier Libra project collapsed under regulatory pressure, but a slew of Big Tech firms are now exploring …
Safe Establishes New Development Firm to Attract Institutions and Tackle Crypto’s ‘Cyber Warfare’ Era
In the wake of a North Korea-linked hack, Safe is retooling its approach — eschewing contractor models for a founda…
Former Ethereum Foundation researcher Péter Szilágyi says he rejected $5 million to spin out Geth Ethereum client
Szilágyi also claims the EF, which has been undergoing a shift in leadership and focus, also funded a rival Geth dev…
Polygon's Sandeep Nailwal Takes Over as Foundation CEO Amid Strategic Shakeup
Nailwal will steer the Polygon Foundation as it shuts down zkEVM, doubles down on PoS, and plots a return to Ethereum…
Nasdaq-listed fitness company plans to raise $500 million for FET crypto treasury
The company said it has begun acquiring FET tokens using an initial $55 million investment from DWF Labs and ATW Part…
Bitcoin Core 30 to Increase OP_RETURN Data Limit After Developer Debate Concludes
Bitcoin Core 30 is scheduled to be implemented in October.
The Daily: Ethereum’s critical inflection point, Strategy’s $110 million bitcoin buy, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strategy’s Michael Saylor calls quantum computing threats to Bitcoin a marketing myth
Michael Saylor, chairman of Strategy and a long-time Bitcoin advocate, has dismissed concerns that quantum computing …
The Daily: Crypto market sees at least $1 billion in liquidations amid Trump-Musk feud, X partners with Polymarket, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitopro Confirms $11M Hack, Taiwan Crypto Exchange Says it Has Replenished Lost Funds
Details of the May hack were first revealed by blockchain sleuth and Paradigm advisor ZachXBT.
Ethereum Foundation Unveils New Treasury Policy With 15% Opex Cap
The EF published an updated treasury policy, outlining plans around token sales, fiat purchases and transparency repo…
Plume Launches Genesis Mainnet to Bring Real-World Assets to DeFi
The launch according to the Plume team marks the "next generation" of asset-backed DeFi.
Galaxy, Fireblocks to Operate Nodes on Bitcoin Layer-2 Botanix
Also joining the federation running nodes are blockchain developers Alchemy, bitcoin mining pool Antpool and hedge fu…
Vitalik Buterin Uses Privacy Tool Railgun Again, Signaling Ongoing Embrace of On-Chain Anonymity
Railgun's RAIL token has spiked 15% higher after Ethereum co-founder Vitalik Buterin transferred over $2.6 million i…
The Protocol: Berachain Follows Ethereum’s Pectra Upgrade With ‘Bectra’
Also: EF Lays Off Staff + Restructures, Tech Experts Unimpressed at Elon Musk’s BTC X-feature, and ZachXBT: BitoPro…
Berachain Taps Ethereum’s Pectra Playbook With ‘Bectra’ Upgrade
For users, the Bectra upgrade means every wallet can now work like a smart account.
Symbiotic Launches 'Relay' to Bring Secure Staking Across Chains
According to Symbiotic, the tech lets developers build verifiable, secure coordination layers for decentralized appli…
Asia Morning Briefing: Crypto Industry 'Unprepared' For Quantum Threat Says Analyst
PLUS: BTC is developing a correlation with Japanese 30-year bonds.
Nasdaq-listed Classover plans to raise up to $500 million in new deal to build SOL treasury
The educational technology company said it signed a purchase agreement to issue up to $500 million in senior secured …
Ethereum Foundation Lays Off Some Staff Amid R&D Restructuring
Critics of the foundation have repeatedly raised the alarm that the blockchain could lose its edge if it fails to add…
Consensys Acquires Web3Auth to Reinvent MetaMask Onboarding
Consensys did not reveal the financial details of the deal, which could bring improvements to MetaMask's onboarding p…
Taiwanese Crypto Exchange BitoPro Likely Hacked for $11M in May, ZachXBT Says
On-chain sleuth ZachXBT reports that BitoPro suffered a suspected $11.5 million exploit on May 8, with stolen funds l…
Post Pectra 'Malicious' Ethereum Contracts Are Trying to Drain Wallets, But to No Avail: Wintermute
The recent EIP-7702 upgrade allows Ethereum addresses to function as smart contracts, increasing convenience but also…
Elon Musk Announces 'Bitcoin-Style' XChat, But Tech Experts Are Skeptical
Tech experts question the new offering's claims of having Bitcoin-style encryption.
Stripe co-founder says banks are ‘very interested’ in stablecoin integrations: report
The uptick in institutional stablecoin interest follows shifting regulatory regimes and increased lobbying efforts, e…
Bitget Wallet Partners With Coinpal to Let Users Spend Crypto at 6,000+ Online Merchants
The new integration adds payment support for games, fashion and electronics to Bitget's ecosystem.
Square Flies the Flag for the Lightning Network With 9.7% Yield on Bitcoin Holdings
Block's Miles Suter said that the firm is earning "real BTC returns from our corporate holdings...by efficiently rout…
The Daily: Analysts expect crypto rally to resume after hawkish Fed dip, Trump’s sons say bitcoin can clear $170K, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.