The Block
Quick Take Polygon Labs announced that Plonky3, the latest version of its ZK proving system, is now production-ready for developers. Polygon plans to use Plonky3 in its upcoming AggLayer, an interoperability layer designed to facilitate unified liquidity and security across a network of chains.
Quick Take Block’s Bitkey hardware wallet is partnering with MoonPay to offer users a way to purchase bitcoin using credit cards, bank transfers and fintech solutions like AppPay. MoonPay President of Enterprise Keith Grossman said the “entire purchase experience” can now be done within the Bitkey app. Jack Dorsey’s Block is also the parent company of the popular retail point-of-sale platform Square and peer-to-peer payments application CashApp.
Quick Take Mira has raised $9 million in a seed round co-led by Bitkraft Ventures and Framework Ventures. The startup is building a decentralized AI infrastructure platform to help developers quickly build AI apps.
Quick Take Aethir, a firm developing a decentralized GPU network, reports its first-year revenue as $36 million. The firm aims to cut the costs typical of single data centers by pooling GPU processing power from a vast network of computers.
Quick Take Ripple Labs has donated $1 million to a super PAC set up by attorney James Murphy to help unseat Sen. Elizabeth Warren and elect pro-crypto lawyer John Deaton. Cameron and Tyler Winklevoss also donated $500,000 to a pro-Trump super PAC, according to a separate filing with the Federal Election Commission on Monday.
A Mt. Gox bitcoin wallet transferred nearly $2.7 billion in BTC to a currently unknown address.
Spot bitcoin ETFs in the U.S. saw $301 million in net inflows on Monday, led by BlackRock’s IBIT.BlackRock CEO Larry Fink said in a recent interview that bitcoin has become a “legitimate financial instrument.”
The Tokyo-listed firm saw its stock surge 25.8% during the morning session.The latest acquisition disclosed today brings its total bitcoin holdings to about $14.2 million.
Bitcoin rose 5.89% in the past 24 hours to trade at $64,894.Ether gained over 6% amid news that said spot ether ETFs will likely launch on July 23.
Quick Take Coinbase served SEC Chair Gensler with a subpoena in June, asking the chair to produce documents concerning certain communications that the exchange said were relevant to its ongoing case with the SEC, including documents before his time as chair. According to a court filing on Monday, the exchange slimmed down the subpoena and will only look for information tied to Gensler’s time leading the agency.
