The Block
According to its 7DMA, the Solana network boasts 1.45 million active addresses per day.The following is an excerpt from The Block’s Data and Insights newsletter.
Quick Take Starknet developer StarkWare claims to have verified the first zero-knowledge proof on Bitcoin’s Signet test network. The firm said its new STARK verifier demonstrates the power of the OP_CAT technical proposal on Bitcoin.
Quick Take TON Teleport BTC will improve the use cases of Bitcoin in the TON ecosystem for decentralized exchanges, lending protocols and other DeFi utility.
Quick Take German authorities announced it received $2.88 billion from selling nearly 50,000 BTC. The sale was part of the plan to offload bitcoins seized from the now-defunct film piracy website Movie2K.
Quick Take Approximately 0.5% of decentralized identity startup Fractal ID’s 1 million customers were implicated in a data breach on Sunday, Gnosis Pay CEO Julian Leitloff told The Block. The project maintains personally identifiable information, including users’ names, proof of residence and IDs. Gnosis Pay is among the affected protocols, according to an email sent to users. Leitloff said it’s unclear how the attacker gained entry, though suspects it is related to a “siphoned password gained from other h
The Grayscale Decentralized AI Fund LLC aims to bolster investment endeavors regarding AI in the cryptocurrency industry.The fund will finance three key areas: AI services, addressing problems related to centralized AI use, and developing AI-related infrastructure.
Quick Take Hong Kong’s financial authorities today released their responses to a public consultation for a proposed licensing regime for stablecoin issuers. The regulators plan to require all fiat-referenced stablecoin issuers to obtain a license from the Hong Kong Monetary Authority.
Bitwise CIO Matt Hougan said spot ETF inflows could have a bigger impact on ether than they did on bitcoin.Hougan predicted that spot Ethereum ETF inflows will push ether’s price to all-time highs above $5,000.
Quick Take The Legislative Yuan passed amendments to the anti-money laundering laws on Tuesday. Businesses or individuals providing crypto services operating in Taiwan must complete AML procedures and register their service capacity, according to the new rules.
Quick Take Zodia Markets has agreed to acquire Elwood Technologies’ digital asset OTC trading business for an undisclosed sum. The deal grants Zodia Markets licenses in the British Crown Dependency of Jersey.
