HashStack #010

The market never sleeps, and neither does innovation.

Author

HashKey Capital
April 09, 2025

  • Starknet is set to become Bitcoin’s first L2, serving the community by leveraging its execution layer for Bitcoin transactions. 

  • Singapore Exchange announces plans to launch BTC futures in 2H 2025. 

  • Rumble Video purchases $17.1M in Bitcoin at an average price of $91,000 per coin. 

  • South Korea rules out Bitcoin reserves. 

  • SEC made a positive statement that Bitcoin mining operators do not need to register their actions as they do not involve offering and selling securities.

  • BlackRock launches Bitcoin ETP in Europe. 

  • Cboe BZX Exchange proposes to add a staking feature to Fidelity Ethereum ETF. 

  • Ethereum developers decide to sunset Holesky testnet in September 2025. 

  • MegaETH public testnet is live. 

  • Raydium announces plans to deploy ‘LaunchLabs’, which has a similar model as Pump.fun

  • Pump.fun accelerates the development of its DEX, and launches PumpSwap. Since launch, the platform has achieved more than $3B in cumulative trading volume within 2 weeks.

  • Solana ETFs, SOLZ, and SOLT went live, although demand has been weaker than expected. 

  • Polymarket launches on Solana, enabling SOL deposits. 

  • BlackRock BUIDL expands to Solana. 

  • AIXBT token falls after the agent was hacked for $100K in Ethereum. 

  • Tencent’s Hunyuan3D 2.0 accelerates model generation speed from 30s to just 1s. The model is available on Hugging Face.

  • Together AI introduces an Instant GPU cluster (up to 64 Hopper GPUs), ideal for large AI workloads or short-term bursts.

  • Nvidia announces their first reasoning models, a new family of open weight Llama Nemotron models: Nano 8B, Super 49B, and Ultra (249B)

  • Perplexity partners with Nvidia to use Blackwell GPUs and enhance inference with the new Dynamo library. 

  • DeepSeek’s latest model V3-0324 is served on Hugging Face via Hyperbolic Labs and is also available on Fireworks AI. 

  • Axal launches Autopilot, an agent-powered DeFi trading solution. 

  • Rayon Labs, which is building a decentralized AI infrastructure providing computing, training and inference on the Bittensor network, announces the launch of their AI agent platform. 

  • Ethena launches Converge, an EVM-compatible settlement layer for traditional finance and digital dollars. On another note, USDe has been banned in Germany, with regulators accusing the firm of MiCAR violations. 

  • Trump’s World Liberty Financial confirms plans to launch a USD1 stablecoin backed by short-term U.S. Treasury, U.S. dollar deposits and other cash equivalents. 

  • Circle became the first stablecoin provider to gain regulatory approval for USDC issuance in Japan. 

  • Walrus Protocol, a decentralized storage solution on Sui, announces a $140M fundraising led by Standard Crypto. 

  • Web3 wallet infrastructure company, Privy, raises $15M in a funding round led by Ribbit Capital.

  • Chronicle Protocol, an Ethereum oracle, announces a $12M seed round led by Strobe. 

  • Kraken acquired NinjaTrader, a retail futures trading platform, for $1.5B. 

  • Utila, an institutional-grade digital assets management platform, raises $18M in a Series A round led by Nyca Partners. 

  • Crossmint, a smart wallet infrastructure provider, raises $23.6M to bring AI Agents onchain. 

  • Halliday, a workflow automation platform, raises a $20M Series A round led by a16z Crypto. 

  • Blockdaemon acquires a DeFi connectivity firm, expand.network, to bring DeFi access to institutions. 

  • Chaos Labs launches Chaos AI, the world’s first AI-powered crypto researcher, currently open for users to join their waitlist. 

  • Compute Labs launches Sam Altbot, an AI agent that delivers AI-curated news. 

  • UnifAI Network got featured by The Block, for being the MCP for Web3.