The Daily: Robinhood unveils Arbitrum-powered Layer 2 and tokenized stocks, XRP Ledger’s Ethereum-compatible sidechain goes live, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
SRM Entertainment stakes 365 million TRX amid $100 million Tron treasury strategy
Earlier this month, SRM Entertainment noted a $100 million TRX treasury strategy with Tron founder Justin Sun joining its advisory…
Rex-Osprey to launch ‘first-ever staked crypto ETF in the US’ for trading on Wednesday
A Solana ETF that will track the price and deliver staking yields to holders will begin trading on Wednesday, according…
Robinhood to offer tokenized shares of OpenAI, SpaceX to EU users in growth push
It wasn't completely clear if Tenev was only addressing those in attendance or any new Robinhood user in the EU.
Robinhood expands into tokenized equities and crypto perp futures, plans Layer 2 blockchain with Arbitrum
Robinhoood has also launched perpetual futures in the EU and the staking of Ethereum and Solana in the U.S.
Aptos Labs CEO and co-founder Avery Ching joins CFTC Digital Asset Markets Subcommittee
Ching joins other crypto-native execs as well as TradFi leaders on the CFTC GMAC Digital Asset Markets Subcommittee.
Bitcoin mining difficulty sees biggest drop since 2021 China ban amid hashrate slump
Bitcoin mining difficulty dropped around 7.5% after a sudden decline in the network's hash rate over the last couple of…
BitMine stock surges 400% as firm eyes $250 million raise for Ethereum treasury in bid to become top public ETH holder
New board chair Tom Lee bets Ethereum will benefit most from an expected boom in stablecoin transactions, which will uplift…
US Supreme Court decides not to review privacy case over IRS request for Coinbase user data
The Supreme Court has declined to review a case involving the IRS and its efforts to compel companies to hand…
XRP Ledger’s Ethereum-compatible sidechain launches on mainnet
The XRPL EVM Sidechain opens up new Ethereum-compatible decentralized application use cases for the XRP Ledger ecosystem.
Kazakhstan plans national cryptocurrency reserve using seized assets, state-mined coins
Kazakhstan has shared plans to joining a growing number of juridisctions with cryptocurrency reserves.
Strategy stacks another 4,980 bitcoin as Michael Saylor boldly predicts $21 million BTC in 21 years
Strategy's holdings now total more than 2.8% of the total 21 million bitcoin supply — worth over $64 billion.