MegaLabs, Behind the ‘Real-Time’ Blockchain, Raises $20M, Led By Dragonfly
The fresh round of capital will go towards building out the MegaETH protocol, with the aim of having a testnet go live in the next few months.Source
U.S. Supreme Court Says No More In-House Tribunals for the SEC, Other Federal Regulators
The U.S. Supreme Court ruled Thursday to strip the U.S. Securities and Exchange Commission (SEC) of one of its key enforcement processes, deciding in a 6-3 vote that the federal agency’s use of in-house judges is a violation of the constitutional right to a jury trial.Source
Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests
A research firm Coinbase contracted is suing the U.S. Securities and Exchange Commission (SEC) and a federal banking agency, accusing them on Thursday of failing to produce documents under open-records laws that would shed light on the regulators’ views on cryptocurrencies.Source
Bitcoin Miner CleanSpark to Buy Peer GRIID in $155M Deal
The deal will be all-stock based and has been approved by both companies’ board members.Source
Julian Assange Received $500K Bitcoin Donation From Anonymous Bitcoin Whale
WikiLeaks co-founder Julian Assange has received a $500,000 bitcoin {{BTC}} donation to cover the cost of a private jet that flew him out of the UK after he reached a plea deal with the U.S. Department of Justice (DOJ).Source
VanEck Files for Solana ETF, SOL Rises 8%
The filing is the first Solana ETF to be filed in the U.S. and follows six days after a similar product filing in Canada.Source
Ether Spot ETFs Could See $5B of Net Inflows in the First Five Months: Galaxy
Ether is more price sensitive to ETF inflows than bitcoin due to the large amount of ETH total supply that is locked up, the report said.Source
State Street, Galaxy Digital to Develop Active Crypto Trading Products
Galaxy Digital inked a similar deal with DWS last year for the European market.Source
Rarimo’s Worldcoin Alternative RariMe Goes Live
Rarimo has launched RariMe, a competitor to Worldcoin, and an app that allows users to generate passport zero-knowledge proofs (ZKPs) verifying the uniqueness of individuals without revealing their identity, it announced on Thursday.Source
PoliFi Tokens, BTC Under Pressure Ahead of Biden-Trump Debate
If crypto-friendly Republican candidate Trump goes off the rails, Republicans may wince, but the GOP ticket will likely not change.Source