Ethereum builders outlined a “Lean Ethereum” roadmap that aims to trim layer-1 complexity while hardening security, according to researcher Thomas Coratger on June 12 via X. Co-founder Vitalik Buterin and researcher Justin Drake discussed the concept in a breakout session at the Forschungsingenieurtagung conference in Berlin. It proposes three guiding targets: security, simplicity, and optimality. […]
Hong Kong is stepping up its fight against crypto-related money laundering by working with the University of Hong Kong (HKU) on technology-driven solutions, including improved tracking of virtual asset flows. The new effort was revealed in a government statement on June 12, following a four-day workshop focused on enhancing anti-money laundering (AML) strategies. Collaborative effort
Hong Kong teams up with university to tackle crypto laundering with tech Read More »
Circle, a US-based publicly traded crypto firm, has expanded the reach of its USD Coin (USDC) stablecoin to the XRP Ledger (XRPL), adding another blockchain to its growing ecosystem, according to a June 12 statement. On-chain data shows that around $2 million worth of the asset had been minted on the network as of press
Circle’s USDC now on XRP Ledger, unlocking new DeFi potentials Read More »
Investor demand for Plasma’s upcoming XPL token continues to soar, with the stablecoin infrastructure platform now securing $1 billion in deposits to support the planned sale. Plasma confirmed that its revised $1 billion deposit cap was reached in under 30 minutes on June 12, doubling its initial $500 million target. The firm stated that 2,900
Plasma reopens deposits, secures $1 billion in 30 minutes for XPL Read More »
While Solana is up just 5% over the past year, global sentiment around the altcoin is bullish due to its potential technical capabilities to outperform its main rivals in performance. Solana’s Firedancer validator client, expected to leave testnet in 2025, is demonstrating transaction-per-second capabilities exceeding one million in test environments, a development aimed at solving
In brief DIMO has established a joint venture with Hakuhodo KEY3 to expand into the Japanese market. The platform’s community will vote to approve funding for a 33% equity stake. Japan’s connected vehicle market is projected to hit $1 trillion by 2030. Japanese automakers have spent billions developing connected car features, yet most vehicle data
Startup DIMO Launches DePIN Venture in Japan to Help Automakers Monetize Vehicle Data Read More »
Interactive Strength (TRNR), a Nasdaq-listed fitness technology firm, is entering the digital asset space by launching what it describes as the first artificial intelligence-driven crypto treasury. The company plans to acquire $500 million worth of Fetch.ai’s FET tokens, according to a June 11 announcement. TRNR has started building its token position, backed by an initial
Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full
Polygon’s governance revamp to focus on stablecoin payments and AggLayer Read More »
VivoPower has committed $100 million in XRP to Flare Network’s ecosystem in a bid to boost returns on its digital asset holdings, according to a June 11 statement. Through this move, VivoPower intends to leverage Flare’s on-chain protocols, including Firelight, to generate sustainable yield from its XRP reserves. The company plans to channel all earned
VivoPower commits $100 million in XRP to Flare Network Read More »
Ripple has brought Ondo Finance’s tokenized US Treasuries product, Ondo Short-Term US Government Treasuries (OUSG), to the XRP Ledger. The launch was announced on June 11 and is seen as a move to expand the reach of institutional-grade tokenized assets across the fast-rising blockchain network. According to the statement, the integration allows institutional investors to
Ripple brings Ondo Finance’s tokenized US Treasuries to XRPL Read More »
