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Ethereum and Consensys co-founder Joe Lubin said companies adopting ETH treasury strategies will play a critical role in communicating the second-largest digital asset’s value to Wall Street, as major financial institutions ramp up blockchain use and process around 24 million transactions daily.
Lubin made the statement during an interview with CNBC on July 8 in response to queries about the...
Four US-dollar stablecoin issuers hold roughly $182 billion in US Treasury bills, an amount that would slot them 17th on the Treasury Department’s country-by-country league table.
The amount in overnight Treasury-collateralized repos and Treasury-heavy money market funds would put the group between Norway’s $195.9 billion and Saudi Arabia’s $133.8 billion.
Tether’s USDT tops the cohort. Its first...
Volkswagen ADMT, the automaker’s autonomous-driving subsidiary, will source real-time street-level data from Bee Maps, a spatial intelligence service that runs on Hivemapper’s Solana-based mapping network.
According to Hivemapper CEO Ariel Seidman, the partnership “shifts mapping from static to living,” and that robotaxi fleets require data “that evolves as fast as the streets do.”
Bee Maps...
SharpLink Gaming shares surged nearly 26% on July 8 after the Minneapolis-based online gaming company revealed a major expansion of its crypto treasury, bringing its total Ethereum (ETH) holdings to over 200,000 coins.
The company announced it had purchased an additional 7,689 ETH for approximately $19.2 million at an average price of $2,501 per coin. The move boosted SharpLink’s total holdings...
The following is a guest post and opinion from Patrick Heusser, Head of Lending...
Tether CEO Paolo Ardoino revealed that the firm holds roughly $8 billion in gold in a Swiss vault during an interview with Bloomberg News on July 7.
Ardoino called the site “the most secure vault in the world” and said the company owns almost the entire 80-ton stockpile outright, placing the El Salvador-based issuer among the largest private gold holders globally.
According to a March attestation...
Spot Bitcoin exchange-traded funds (ETFs) have rapidly established themselves as a dominant force in the market, now representing more than 30% of the total BTC spot trading volume.
This shift highlights how traditional financial products have swiftly captured the market as institutional and retail investors increasingly turn to regulated avenues for Bitcoin exposure.
Spot Bitcoin ETF Trading...
The Ethereum Virtual Machine (EVM)-compatible sidechain of the XRP Ledger is showing early signs of traction among developers, with over 1,400 smart contracts deployed just one week after launch.
On July 7, Peersyst confirmed the strong demand in a post stating that nearly 1,400 smart contracts had gone live within the first week. As of press time, the total number of smart contracts on the...
Analysts at BitMEX Research have raised the alarm about a scam targeting early Bitcoin holders, particularly those with wallets dating back to 2011.
According to the firm, the scam appears to exploit long-dormant addresses by injecting false transactions and misleading messages via OP_Return outputs, an optional field in Bitcoin transactions that can carry arbitrary data.
In one documented case,...
Solana’s tokenized stock market hit $48.53 million on July 4, up more than threefold from $15.28 million on June 20, according to on-chain data tracked by rwa.xyz.
Solana’s tokenized stocks capitalization expanded more than threefold in two weeks, outpacing every other tracked network during the period.
Furthermore, the tokenized stock market on Solana represented 11.4% of the total market...