DePIN: It’s Time for Crypto to Get Real
DePIN stands for Decentralized Physical Infrastructure Networks, or in simple terms, real-world applications that are actually useful, says Max Thake, cofounder of Peaq, a layer-1 for DePIN.Source
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U.S. Administrative Procedure Law Exists for a Reason. The SEC Must Follow It
The regulator’s refusal to listen to dissenting opinion on its new Dealer Rule left us no option but to sue for clarity and accountability, says Marisa Coppel, head of legal at the Blockchain Association.Source
Circle Snags First Stablecoin License Under EU’s New MiCA Crypto Rules
Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.Source
UPDATE: Polymarket Logs First $100M Month as Election Drama Heats Up
Odds that the president will drop out of the race surged as high as 50% after the debate before leveling off at 40% on the crypto-based prediction market.Source
Marine Le Pen’s Far-Right National Rally Party Leads in First Round of French Election
The far-right party associated with Marine Le Pen led in the first round of France’s two-part election.Source
Metaplanet Buys Another $1.2M Worth of Bitcoin as Investment Strategy Progresses
The Japanese investment adviser said it acquired more than 20.2 BTC.Source
Abra Launches Treasury Service for Corporates That Want to Hold Crypto
The service will provide corporates, family offices and non-profits with a range of digital asset treasury management solutions.Source
Prime Broker Hidden Road Adds Major Crypto Exchanges, Expands Use of BlackRock’s BUIDL Token
Hidden Road is now integrated with Coinbase International Exchange, OKX, Deribit, Bitfinex, AsiaNext, SIX Digital Exchange and Bullish.Source
Bitcoin’s Potential Rebound May Face Resistance at $65K, OnChain Analysis Shows
Short-term holders wallets sitting on loss may liquidate holdings near $65,000, capping a renewed upswing in bitcoin’s price.Source
Sony to Restart Japanese Crypto Exchange Whalefin Purchased From Amber Group in 2023
Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit.Source