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Ethereum’s Layer 1 scaling could improve censorship resistance, streamline Layer 2 mass exits, and ensure long-term network stability.
Tether’s acquisition of a minority stake in Juventus has broadened its investment portfolio by incorporating digital assets, AI, and biotech into the sport of football, reflecting a wider shift toward blockchain integration in sports.
Barclays Bank’s $131 million stake in BlackRock’s Bitcoin ETF highlights the accelerating institutional shift toward cryptocurrency investments. As traditional financial giants increase their exposure to Bitcoin, the market is witnessing a deeper integration of digital assets into regulated investment strategies.
As regulatory scrutiny in crypto intensifies, Hex Trust’s move to acquire Byte Trading highlights its push to provide institutional-grade financial services. With new capital from Morgan Creek Digital, the firm is doubling down on its expansion strategy.
While many have viewed Bitcoin as an asset to stash away, emerging Layer-2 solutions are beginning to unlock its hidden potential. By merging advanced programmability with Bitcoin’s robust security, these networks could steer the largest cryptocurrency toward a new era of decentralized finance.
- 16:40a16z founder: Unauthorized posts have been published on my X account, please do not purchase any related tokensThe founder of ai16z, Shaw, posted on social media saying, "Unauthorized posts have been published on my X account. I am dealing with it and formulating a solution. Please do not click or purchase anything."
- 16:05The total open position of Bitcoin contracts across the entire network has reached 60.3 billion US dollarsAccording to Coinglass data, the total number of outstanding Bitcoin futures contracts across the network is 621,070 BTC (approximately $60.3 billion). Of these, CME's outstanding Bitcoin contracts are 174,200 BTC (approximately $16.9 billion), ranking first.
- 15:27SafeMoon announces it will launch a new Meme coin on Solana, the contract is not yet publicThe DeFi protocol SafeMoon has announced the launch of a meme coin based on the Solana blockchain, aiming to increase liquidity and provide SFM holders with opportunities to exchange tokens for new assets. It will adopt an easy-going mode without predetermined purposes, focusing on community interaction and participation. Meanwhile, SafeMoon recently destroyed 2.2 trillion SFM tokens and plans to support automatic conversion through the VGX wallet, injecting liquidity into the ecosystem. This move aims to get rid of past controversies and legal issues, leaving the future of the project entirely in the hands of the community. The team emphasized that smart contracts have not yet been made public and reminded users to avoid purchasing any unofficial versions of SafeMoon tokens to prevent scams. Previously, SEC and US Department of Justice accused DeFi protocol Safemoon and its executives of fraud.