HashStack #014

The market never sleeps, and neither does innovation.

  • Bitcoin Core Devs commit to remove the OP_RETURN data storage limit by October, allowing up to 4MB of arbitrary data per output. 

  • James O’Beirne published a letter for activating OP_CTV + CSFS with the support of many Bitcoin engineers.    

  • Robin Linus published a BitVM3 whitepaper, optimizing BitVM2 by garbled circuits. 

  • Coinbase announces the release of their Bitcoin rewards card this fall, powered by American Express and offering up to 4% Bitcoin cash back for every purchase made. 

  • Tether to work towards open sourcing its Bitcoin mining OS.

  • Coinbase and BiT Global ended legal fight over WBTC delisting. 

  • Strategy acquired 1,045 BTC worth $110M and now owns 582,000 BTC.

  • Ethereum governance tokens surged as SEC Chair, Paul Atkins, backs ‘Innovation Exemption’ for DeFi projects.

  • Synthetic to launch an orderbook perp dex on Ethereum and cease its operations on L2s. 

  • Optimism ran PeerDas-Devnet-7, with network throughput achieving 50 blobs per block, highlighting potentially positive impact for the Superchain community.

  • Coinbase announced that DEX trading will soon be integrated within its platform.

  • The Base team announced a new scaling strategy focusing on optimizing fee markets to manage network congestion and user demand.

  • Aptos introduced token standard upgrade to Fungible Assets standard (FA) starting from 30 June to simplify token handling across wallets, DeFi and exchanges. It also ensures better performance, safer storage and future-proof architecture.

  • Baby Raptr, a proposal that introduces new data structure and changes to consensus logic to promote lower consensus latency during high network load is now live on Aptos mainnet. 

  • Solana Foundation signed an MOU with Dubai’s VARA to jointly advance talent development initiatives, founder workshops, economic impact and sector data sharing, and to promote the establishment of a Solana Economic Zone in Dubai.

  • BNB chain announced that Securitize has integrated it into its platform, allowing qualified investors to purchase tokenized securities on the network. 

  • Eyenovia announced a $50M investment to develop a Hyperliquid treasury reserve strategy.

  • The Space and Time team has announced that smart contract indexing for Avalanche is now available on the Space and Time Studio.

  • The Avalanche team announced the integration of Chaos Labs’ Proof of Reserves system to enable the verification of bridged assets across the network. 

  • Sonic announced the start of its Season 2 airdrop campaign with changes to its program, such as removing passive rewards and rewarding users who provide liquidity.

  • New York lawmakers passed the RAISE Act, which requires developers to create and publish safety protocols and risk evaluations. If passed by the New York Governor, this could bring about greater regulatory oversight over AI safety while some are concerned this could stifle innovation. 

  • Anthropic dropped Claude Gov, a custom AI suite built for U.S. national security. Access is currently restricted to those who operate in classified environments. 

  • Walrus Protocol partners with io.net to provide a Bring Your Own Model platform for developers to train their custom-built models by leveraging decentralized compute and storage solutions. 

  • Interactive Strength, a Nasdaq listed fitness equipment company, plans to invest up to $500M in Fetch.ai’s FET tokens as part of their crypto treasury strategy. 

  • Nillion new enterprise cluster is live with Vodafone, Deutsche Telekom, Alibaba cloud on board as node operators, driving the adoption of enterprise-grade, privacy-first computation. 

  • Pond released AI Studio and Pond Markets, a platform to help early builders ship, grow and get funded in one place. 

  • I.R.I.S. has officially launched as the first Genesis AI agent within the Virtuals ecosystem on Ethereum. Built using Nethermind’s AuditAgent technology, it actively scans smart contracts, identifies potential threats, and provides free real-time security alerts.

  • Meta acquired a 49% stake in Scale AI for $14.8B.

  • Sakana AI announced its text-to-lora whitepaper highlighting a hypernetwork that generates task-specific LLM adapters based on a text description of the task.

  • ChainGPT announced AgenticOS that allows users to create their own autonomous agents on X, live on BNB chain, open-sourced and fully customisable. 

  • Sonic Labs has announced an investment of 400,000 S tokens into Hey Anon, an onchain AI protocol driving DeFi adoption on its network. 

  • Senate passes stablecoin GENIUS Act, providing greater regulatory clarity to the $250B stablecoin market. 

  • Shopify rolls out USDC payments in partnership with Coinbase’s Base and Stripe. 

  • Coins.ph launched regulated peso stablecoin, targeting the remittance market ($40B annually) with only 56% of philippines population having a bank account. 

  • Franklin Templeton announced a patent pending intraday yield feature on its BENJI platform that would allow investors to earn proportional yields for holdings less than a day. 

  • Hong Kong plans to study Beijing monetary policy and weigh yuan-pegged stablecoins before issuance. 

  • Elastos Labs announced BTCD, an overcollateralized stablecoin that is backed by Bitcoin which will launch on 1 August 2025. 

  • Visa announced its partnership with Yellow Card to expand its settlement capabilities across the Central and Eastern Europe, Middle East, and Africa (CEMEA) regions. 

  • Chainlink announced that it is facilitating the secure exchange of Hong Kong CBDC and Australian dollar stablecoin as part of the e-HKD+ Pilot Program. 

  • Highnote partners with BVNK to enable 24/7 stablecoin-based card program funding. 

  • The Bank of Korea Governor expressed support for won-based stablecoin but express concerns of forex management. 

  • Dubai Real Estate Tokenization Project officially accredited by Dubai Land Department has sold out in under 2 mins. The project has attracted 149 investors from 35 different countries and over 10,700 investors on the waiting list.

  • Trust Wallet to integrate RWAs in their wallet by Q3/Q4 2025. 

  • Tether acquires 31.9% stake in Gold Royalty Company, Elemental Altus.

  • Deutsche bank partners with Ant Financial to test their blockchain-based treasury management system for real-time transfers.

  • Moody successfully tested municipal bond ratings on Solana, demonstrating embedding credit ratings into tokenized securities for real time access to trusted data.

  • Ondo launched Global Markets Alliance, a collaborative initiative with leading wallets, exchanges and custodians to promote interoperability of tokenized securities.

  • Stripe acquired Privy, a web3 wallet infrastructure provider. 

  • HashPower, a yield aggregator for Proof of Stake, DePIN and AI networks, raised $4M in a strategic funding round led by HashKey Capital. 

  • Eigen Labs, the company behind restaking platform, EigenLayer, raised $70M from A16z to drive the adoption of Eigen Cloud.  

  • PrismaX, a decentralized data collection protocol, raised a $11M seed round led by A16z crypto CSX.

  • Yupp, an AI blockchain platform, raised $33M in seed round led by A16z crypto. 

  • One Balance, an infrastructure provider for chain-abstracted account models, raised a $20M Series A led by Cyber Fund and Blockchain Capital. 

  • Noah, a stablecoin infrastructure startup in the UK, raised $22M seed funding led by LocalGlobe. 

  • Ubyx, a stablecoin clearing platform, raised $10M led by Galaxy Ventures. 

  • Turnkey, a private key infrastructure for developers, has raised $30M in a Series  B round led by Bain Capital Crypto. 

  • OpenLedger commits to invest $25M to fund AI and blockchain startups. 

  • Aethir launched the Global KOL Ambassador Program: Aethir Tribe. 

  • Predicate released whitepaper showcasing how its policy layer enables Uniswap v4 Hooks to embed compliance and asset-specific rules.