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The Block

The first and final word in digital assets
Global funds network Calastone taps Polygon for tokenized asset distribution
Starting Wednesday, Calastone’s Tokenized Fund Share Classes can now be moved onchain using Polygon’s rails, according to a spokesperson....
South Korea’s NH NongHyup Bank pilots stablecoin-led tax refunds on Avalanche
NH NongHyup is initiating a PoC to test a system that streamlines VAT refunds for inbound tourists by utilizing stablecoins....
Canary Capital seeks regulator’s approval for an ETF tracking MOG
Canary Capital is looking for the SEC's nod for an ETF tracking the price of the lesser-known memecoin called MOG Coin. ...
Top Base DEX Aerodrome launches upgrade suite, expands to Ethereum and Circle’s Arc
Dromos Labs unveiled a central liquidity hub called Aero to serve as a home base for additional EVM extensions beyond Base and Optimism....
The Daily: SEC’s Paul Atkins unveils plan to clarify which tokens count as securities, Circle explores native Arc token, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....
Solana active addresses fall to 12-month low as memecoin frenzy fades
The trajectory illustrates how quickly trends can shift in crypto markets and underscores the importance of ecosystem diversification....
Seismic adds $10 million from a16z crypto to expand fintech privacy network
Seismic, whose total funding now sits at $17 million, says fintech demand for crypto rails is rising, but privacy gaps still deter adoption....
Hyperliquid pauses deposits and withdrawals amid POPCAT trading scheme speculation
An onchain analyst speculated Hyperliquid paused transactions after a trader tried to prop up the price of memecoin POPCAT....
Polymarket becomes Yahoo Finance’s exclusive prediction market partner, eyes another record month
The news comes a week after Google said it will integrate predictions data from Polymarket and Kalshi directly into its search results....
Winklevoss-backed Cypherpunk targets 5% of Zcash supply with $58 million treasury seed
Winklevoss cast Zcash as a "privacy hedge" to bitcoin, part of a comeback narrative for privacy coins in 2025....
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