Thursday, July 3, 2025

House GOP declares ‘Crypto Week’ for mid-July to consider the GENIUS stablecoin bill and Clarity crypto market structure legislation
Legislators will consider the GENIUS stablecoin bill, larger crypto market structure Clarity bill, and another focused on blocking CBDCs....

Ondo and Pantera plan $250 million investment into RWA projects: Axios
Earlier this year, Ondo Finance launched a platform to give onchain exposure to U.S. securities such as stocks, bonds, and ETFs....

Grayscale ‘remains committed’ to pursuing conversion of crypto ETF following SEC’s pause
Following the SEC's decision to put a pause on a Grayscale ETF, a spokesperson for the company says it "remains committed" to trying to list....

The Daily: Robinhood CEO clarifies OpenAI ‘stock tokens’ after Sam Altman firm slams move, Strategy faces bitcoin-related lawsuit, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

DeFi Development Corp. adds 17,760 SOL to stockpile, bringing total solana holdings to $96 million
This brings the Solana treasury firm's stockpile to 640,585 SOL, worth about $96 million at current prices....

Bitcoin miner Riot Platforms produces 450 BTC, valued at $49.3 million, in June
This represents the third straight month Riot mined bitcoin since restarting the activity in April, after the firm took a hiatus beginning in January....

Bitkraft and Brevan Howard lead $30 million round in EverQuest co-creator’s gaming studio
Capital will support the development of the open-world shooter "Reaper Actual," slated for release on Steam and the Epic Games Store....

Sen. Cynthia Lummis renews push for crypto tax reform with new bill in hopes of getting it to President Trump’s desk
Sen. Lummis renewed her push to modernize the tax treatment of digital assets and introduced a new bill on Thursday. ...

Chinese chip designer Nano Labs adds $50 million in BNB to crypto treasury
Nana Labs aims to hold 5-10% of BNB's circulating supply and announced a $500 million convertible note sale to fund its crypto treasury plans....

The DePIN Report 2025
Below is a summarized version of The Block Research’s The DePIN Report 2025. The full PDF version of this report is accessible here. Decentralized Physical Infrastructure Networks represent a new fr...

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Thursday, July 3, 2025

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