Circle Said to Be Trading Around $5B Valuation Ahead of Planned IPO: Sources

The issuer of stablecoin USDC was valued at as much as $9 billion when it first tried to go public in a failed SPAC deal in 2022.Source

Blackbird, Web3 Startup From Resy Co-Founder, Wants Diners to Pay for Meals in Crypto

Blackbird Pay would allow diners to pay for their food using $FLY, the cryptocurrency that doubles as loyalty points in Blackbird’s restaurant rewards system.Source

Polychain, Lightspeed Lead $7M Fundraise for Math Olympian’s Blockchain-Based AI Platform

Hyperbolic’s blockchain-based cloud platform aims to make AI affordable to startups, researchers and builders squeezed by surging GPU prices.Source

Router Launches Mainnet, as More Projects ‘Abstract’ Away Blockchains

Router Chain is supposed to reduce the complexities of cross-chain interactions and make the development of dapps easier to use.Source

First Mover Americas: BTC Slides as U.S. Government-Linked Selling Pressure Looms

The latest price moves in bitcoin (BTC) and crypto markets in context for July 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Bank of England to Carry Out CBDC, Digital Ledger Experiments

In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound.Source

Bitcoin’s Future Could be Tied to the Outcome of the U.S. Election: Jefferies

Trump’s policy shift towards crypto is very recent, but it may impact the price of bitcoin in the near term depending on who wins the U.S. election in November, the report said.Source

COMP Token Rises as Whale Backs Down on Supposed ‘Governance Attack’ on Compound

A new staking product will be offered instead of what Humpy and the ‘Golden Boys’ initially proposed.Source

Dogecoin Pup Owner’s New Shiba Inu Ends Up in NEIRO Memecoin Drama

A new class of memecoins was birthed on Solana and Ethereum networks over the weekend as the owner of the dog that inspired Dogecoin got a new pup – despite her officially distancing from all such tokens.Source

SEC Intends to Amend Complaint Against Third Party Tokens (Like SOL) in Binance Case

The U.S. SEC may be dropping it’s charges against so-called third-party tokens such as Solana and Matic which have been part of its case against Binance, according to a court filing early Tuesday morning.Source