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The Block

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Paradigm-backed Succinct to launch PROVE token as native asset for ZK prover network
Succinct will launch the PROVE token as the native asset of its Ethereum-based prover network for zero-knowledge proofs....

Crypto industry cheers progress in ‘historic’ stablecoin legislation as Senate advances GENIUS Act
The Senate's vote to advance the GENIUS Act is 'historic' and could help 'ensure US dollar dominance,' said senators and crypto leaders....

Haowang Guarantee’s shutdown only a limited setback for crypto scams, Chainalysis says
Chainalysis said the shutdown of illicit online marketplace Haowang Guarantee did not fundamentally impact the network of crypto scammers....

Senate votes to move forward on landmark stablecoin legislation
In a second take, U.S. senators voted on Monday night to move forward with monumental legislation to regulate stablecoins. ...

Jito validator tips hit $3.6 million daily as Believe ecosystem siphons activity from Pump.fun
Spikes in Jito validator tips are often an indicator of heightened onchain activity on Solana, and this time has been no different....

Solana Labs spinout Anza proposes Alpenglow, ‘the biggest change to Solana’s core protocol’
Votor will enable nodes to run two concurrent voting paths in parallel, theoretically boosting transaction speed and scalability....

DOJ launches investigation into Coinbase cyberattack: Bloomberg
The attackers did not access any customer funds, private keys, or login systems, and the breach affected less than 1% of Coinbase users....

Aave TVL surges to $30 billion, signaling renewed strength in Ethereum DeFi
The resurgence in Aave coincides with improved conditions for Ethereum, which has created a positive feedback loop for DeFi protocols built on the network....

Democrat Warner backs stablecoin bill ahead of key Senate vote
U.S. Senators are gearing up to vote on whether or not to move forward with landmark stablecoin legislation later today....

Circle courting acquisition bids from Coinbase and Ripple, asks for at least $5 billion: Fortune
The alleged sales talks are happening while the San Fransisco-based startup still pursues a public listing....