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Mavryk Dynamics, the developer of a layer-1 RWA network, closed a $5 million funding round led by venture capital firms Ghaf Capital, Big Brain, MetaVest Capital, Cluster Capital, Collective Ventures and Atlas Funds. Five other VC funds participated in the round.
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One of Alchemy’s most prominent partners is World, the biometric digital identity project formerly known as Worldcoin. Since its launch, World has reached more than 23 million users around the world.
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Alchemy currently offers rollups-as-a-service, which allows developers to launch and grow their own blockchain.
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Trump has previously signaled that he intends to make crypto policy a national priority and make the US a global hub for blockchain innovation. The upcoming summit may set the tone for crypto regulations over the next four years.
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Nevertheless, the attack has rattled investor confidence, leading to a sharp drop in Ether and the broader cryptocurrency market.
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The company said in its latest note that its Bitcoin buys are below the threshold for it to legally have to share its bought the cryptocurrency but made the announcement “on a voluntary basis.”
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https://warpcast.com/bella76brown/0x238cf5f0
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https://warpcast.com/bella76brown/0xe018af19
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https://warpcast.com/bella76brown/0xe018af19
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Standard Chartered Bank Hong Kong, Animoca Brands and Hong Kong Telecommunications (HKT) have partnered to issue a Hong Kong dollar-backed stablecoin under a new joint venture.
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In January, banking giant Standard Chartered announced plans to establish a new Luxembourg entity offering crypto and digital asset custody services.
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“The same law enforcement and national security concerns that existed in the last administration are going to be present in the Trump administration,” the Consensys attorney said.
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Hughes added that while the incoming Trump administration is encouraging innovation and experimentation, he does not believe the incoming administration is going to do away with all crypto regulations.
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In 2024, the total value locked on Solana surged from around $1.5 billion in January to nearly $8.5 billion by December, according to data from DefiLlama.
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For the United Arab Emirates, 2024 marked a significant milestone. With five regulators now overseeing virtual asset service providers (VASPs), the nation introduced a series of laws, licensing frameworks and tax exemptions.
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Australia’s Federal Court fined the Australian operator of United States-based cryptocurrency exchange Kraken 8 million Australian dollars ($5.1 million) after siding with the country’s corporate regulator.
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“The ETFs allowed new investors to buy Bitcoin for the first time, like those unable to set up a wallet and buy Bitcoin on a cryptocurrency exchange,” said Armour. They “also benefit from cheaper trading, low fees, and best-in-class Bitcoin storage practices.”
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In addition to being a major Solana bull, Sacks has also backed Multicoin Capital, a crypto investment firm highly focused on Solana.
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He went on to say that even if Solana doesn’t flip Ethereum, SOL was still the seventh-biggest crypto asset by market value at the time, with a potential to rise higher.
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The presumed US crypto czar has made some bold statements about Solana, highlighting SOL’s potential as an Ethereum competitor and a powerful smart contract platform.
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