Crypto Policy Shifts at Consensus Miami
White House adviser Patrick Witt indicated the Clarity Act could be signed into law by July 4, while Senator Kirsten Gillibrand advocated for ethics provisions in the market structure bill. #Update #Crypto
Blockchain
Discusses advancements, use cases, and technical aspects of blockchain technology, not limited to financial applications.
Tokenization Revolution: BlackRock Launches Onchain Funds
@BlackRock files with the SEC to launch a tokenized fund, the BlackRock Daily Reinvestment Stablecoin Reserve Vehicle, requiring a $3M minimum investment. #Update #Crypto $USDT
Crypto Commerce Revolutionizes Payments at Consensus Miami
@GoogleCloud and @PayPal executives at Consensus Miami revealed that the future of commerce will rely on crypto, citing the launch of the Agentic Payments Protocol (AP2) for AI agents. #Update #Crypto $PYUSD
Chainlink Surges Past $10 Milestone
Chainlink ($LINK) price surges above $10 for the first time since January, reflecting increased investor interest and potential market momentum. #Update #Crypto $LINK
SEC Chair Atkins Advances On-Chain Proposals
SEC Chair Paul Atkins praised by Hyperliquid Policy Center for on-chain market clarity efforts, focusing on trading systems and crypto vaults. $HYPE up 2% to $42.98. #Update #Crypto
AI Agents Ignite Startup Frenzy at Hackathon
At the EasyA Hackathon in Miami, nearly 1,000 developers showcased AI agent innovations, with projects like FlyPraxis winning $50K for real-time drone intelligence. #Update #Crypto $SOL
Kelp DAO Exploit Forces DeFi to Rethink Oracles
Decentralized finance protocols are migrating to @Chainlink’s infrastructure for enhanced security following the $293M Kelp DAO exploit, with @SolvProtocol and Tydro leading the shift. #Update #Crypto $LINK
Chainlink CCIP Gains Nearly $1B from Layerzero
Solv Protocol moves $700M in tokenized Bitcoin from Layerzero to Chainlink CCIP after a $292M exploit at KelpDAO, impacting DeFi bridging infrastructure. #Breaking #Crypto $LINK
NEAR Protocol Surges 6.3% Leading Index Higher
The CoinDesk 20 Index is at 2142.44, up 0.1%. NEAR leads with a 6.3% gain, while BNB falls 0.4%. Seventeen assets are higher today. #Update #Crypto $NEAR
Arbitrum Approves $70M Kelp DAO Relief
Arbitrum DAO approves releasing 30,765.67 ETH for KelpDAO recovery, but U.S. court order could block it due to North Korea-linked claims. #Update #Legal
Chainlink Whales Surge Holdings to 32.9M LINK
Chainlink’s largest holders increased their $LINK exposure by 32.93M coins, indicating a potential supply squeeze if market conditions remain favorable, per @SantimentData. #Update #Crypto $LINK
Bitcoin Transfers $700M to Chainlink
@SolvProtocol is migrating over $700 million in tokenized bitcoins from LayerZero to Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enhance security following recent cross-chain bridge incidents. #Update #Crypto $LINK
Blockchain Balances Privacy and Accountability at Consensus Miami
Public blockchains face privacy challenges, but panelists at Consensus Miami suggest hybrid systems can balance transparency and anonymity, with a $35B institutional digital finance market growing rapidly. #Update #Crypto $BTC
Stablecoin Compliance Wins $20K at Consensus
@Coinbax wins $20,000 at Consensus Miami’s PitchFest for its compliance solution for stablecoin payments, aiming to ease banks’ transition to onchain transactions. #Update #Crypto $USDT