Protocol Village: McLaren Data Tracker on Minima Blockchain Could Prevent Race Cheating
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.
Financial
May 2025
Financial
MicroStrategy Proposes $500M Convertible Notes to Boost Bitcoin Stash
The Nasdaq-listed firm currently holds 214,400 BTC.
Financial
ERCOT CEO: Texas’ Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining
The Electric Reliability Council of Texas’ CEO said in Senate testimony that the state’s grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry.
Financial
Paxos Cuts 20% of Staff: Bloomberg
A Bloomberg report says the company will have an increased focus on tokenization.
Financial
CRV Slides 30% as Loans Tied to Curve’s Founder Face Liquidation Risk
Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.
Financial
Stick With Bitcoin, Avoid Ether, 10x Research Says After Fed Predicts Just One Rate Cut For 2024
ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.
Financial
Terraform Labs, Do Kwon Agree to Pay SEC a Combined $4.5B in Civil Fraud Case
The settlement agreement, if accepted by a judge, would also ban Kwon and Terraform Labs from buying or selling all crypto asset securities.
Financial
The Protocol: How Optimism Filled in Its Missing Tooth
In this week’s newsletter, we delve into the Ethereum layer-2 network Optimism’s delivery of “fault proofs,” a piece of functionality that was glaringly missing even though it was at the heart of the project’s security setup.
Financial
Fed Holds Policy Steady, but Sees Just One Rate Cut This Year
The central bank took note of “modest” progress towards returning to 2% inflation.
Financial
Bitcoin Miners Cash in on BTC Rally as Exchange Transfers Hit Two-Month High
Among those selling, Marathon Digital offloaded 1,400 BTC worth nearly $100 million since the start of the month.