Zama Confidential Blockchain Raises $57M
Zama has raised $57 million at a valuation over $1 billion, led by Pantera and Blockchange, for its Confidential Blockchain Protocol using homomorphic encryption.
Source: theblock.co —
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Invesco and Galaxy Seek Solana ETF Approval
Invesco and Galaxy Digital have filed for approval from the SEC for a Solana ETF. This follows recent trends and a potential shift in SEC policy under Biden.
Source: theblock.co —
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Privacy Pools Adds Stablecoin Support
Privacy Pools introduces stablecoin support, enhancing privacy for Ethereum transactions using assets like USDT and USDC. The protocol maintains compliance through its advanced mixnet design.
Source: theblock.co —
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FHFA Explores Cryptocurrency for Mortgages
The FHFA has instructed Fannie Mae and Freddie Mac to explore incorporating cryptocurrency as an asset for mortgage risk assessments, aligning with the U.S. ambition to lead in crypto finance.
Source: theblock.co —
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Trade on Bitstamp: Global Exchange Leader
Bitstamp offers a user-friendly platform for professional and amateur traders, providing excellent customer support and zero fees on select pairs till September 1st.
Source: theblock.co —
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SoFi to Reintroduce Crypto Trading and Blockchain Remittances
SoFi is reintroducing crypto trading and launching blockchain-based global remittances, allowing members to trade Bitcoin, ETH, and transfer money internationally.
Source: theblock.co —
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56% of Top Universities Offer Blockchain Courses
In 2019, 56% of the world's top universities offered blockchain courses, marking a 25% increase from 2018. This reflects growing student interest in blockchain technology.
Source: theblock.co —
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Kalshi Raises $100M at $1B Valuation with Paradigm
Kalshi plans to raise $100 million in funding, reaching a $1 billion valuation, with participation from Paradigm. The prediction market shows continued growth.
Source: theblock.co —
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Republic Plans to Tokenize Private Company Shares
Republic plans to offer blockchain-based tokens representing shares of private firms like SpaceX, allowing retail investors access to previously inaccessible opportunities.
Source: theblock.co —
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Bernstein Raises Coinbase Price Target to $510
Bernstein has increased its price target for Coinbase to $510, citing diversified business operations, timing for legislation benefits, and sustained competitiveness.
Source: theblock.co —
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Barclays Blocks Credit Card Crypto Purchases
Starting June 27, Barclays will prohibit cryptocurrency purchases via credit cards due to concerns over debt and lack of consumer protections.
Source: theblock.co —
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Tether-backed BCI surpasses Neuralink: Ardoino
Paolo Ardoino, CEO of Tether, asserts that Blackrock Neurotech, a brain-computer interface firm backed by Tether, has surpassed Elon Musk's Neuralink in advancements.
Source: theblock.co —
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Litecoin Rises 12% Amid MimbleWimble News
Litecoin's price rose over 12% following a potential collaboration with BEAM for MimbleWimble implementation, promising enhanced privacy.
Source: theblock.co —
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Bitcoin Surges Past $107K Amid Iran-Israel Truce
Bitcoin surged past $107,000 following a ceasefire between Iran and Israel, reflecting a positive market response and increased institutional demand.
Source: theblock.co —
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Tether Aims to Be Top Bitcoin Miner by 2025
Tether plans to become the largest Bitcoin miner by 2025, aligning its Bitcoin investments with the security of the network.
Source: theblock.co —
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