U.S. Commerce Secretary Howard Lutnick announced Tuesday that his department will begin issuing economic data “on the blockchain” in the Trump administration’s latest overture to the crypto industry. “The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president,” Lutnick told a nodding President Donald Trump
YZi Labs, the rebranded Binance Labs, the investment arm of cryptocurrency exchange Binance, has announced a strategic investment in USD.AI, a stablecoin protocol that provides funding for artificial intelligence (AI) infrastructure. While the investment amount was not disclosed, it was stated that this move will support USD.AI’s goal of developing a synthetic stablecoin solution that
Polymarket, the largest cryptocurrency prediction market platform, has received a multi-million dollar investment from 1789 Capital, a venture capital firm co-owned by Donald Trump Jr. According to Axios, Trump Jr. also joined Polymarket’s advisory board following this investment. 1789 Capital’s investment totaled double-digit millions of dollars, while Polymarket’s most recent valuation was over $1 billion
Republic Digital made a strategic investment in RWA firm Centrifuge via its Opportunistic Digital Assets Fund. Summary Republic Digital’s Opportunistic Digital Assets Fund invested in Centrifuge RWA firm The company’s JAAA ETF enables ordinary investors to buy in complex fixed-income products Centrifuge’s TVL grew from $120M to $1.2B in just 6 months Real world assets
OpenPad AI has recently announced a strategic partnership with Fireverse, a next-generation music platform incorporating the use of artificial intelligence and intersecting with blockchain technology. The two projects have in common the vision of transforming the relationship between communities and digital assets and creative content. Fireverse has established itself as an innovative environment in which
Developers in favor of the contentious Bitcoin Core version 30 software update cheered today when a cryptographer invented a new way to spam Bitcoin’s blockchain with images without using OP_RETURN. After months of civil war over the proper limitations of this scripting tool, this new method showed that even reducing OP_RETURN’s datacarrier allowance to zero
Bitcoin price continued its recent crash today, Aug. 26, reaching its lowest level since July 10. Summary Sergey Nazarov believes that Bitcoin price has a strong path to $1 million over time. He sees the ongoing adoption by pension funds, hedge funds, and family offices as the next major catalyst Other top analysts believe that