HashStack #016

The market never sleeps, and neither does innovation.

  • Strategy has acquired 4,225 BTC for ~$472.5 million at ~$111,827 per Bitcoin.

  • Cantor Fitzgerald SPAC in talks with Adam Back, co-founder and CEO of Blockstream, to purchase between $3B - $4B in Bitcoin following its financing deals with Maple Finance and FalconX. 

  • Standard Chartered launched spot Bitcoin and Ethereum trading service for institutional clients. 

  • Tether’s USDT0 integrates with the Bitcoin L2 network, Rootstock. 

  • Build on Bitcoin (BOB) launched BOB Snaps, an incentivized marketing campaign, with Cookie.fun

  • Lombard announced its yield-bearing LBTC will launch on 22 July 2025. 

  • EVM compatible, Proof of Stake network for Bitcoin, Core blockchain has announced the launch of a revenue-sharing pool with participating partners.

  • SharpLink Gaming acquired 10K ETH from EF via OTC at an average price of $2,572.37 and now becomes the largest corporate holder of Ethereum surpassing Ethereum Foundation. 

  • Linea confirmed that tokenomics and governance details to be released at the end of July. 

  • Liquid restaking platform, Inception, to sunset operations after failing to find PMF, following news of Eigen Labs cutting 25% of its workforce.

  • Robinhood launches ETH and SOL staking for US customers. 

  • Ethereum developers plan full zkEVM rollout, targeting full zk proof across the protocol

  • Ethereum founder, Vitalik, proposes a gas limit cap of 16.77M per transaction to reduce the risk of DoS attack. 

  • Bit Digital swaps entire treasury into Ethereum, says it's now a top public ETH holder after also deploying $173M to purchase Ethereum. It also plans to raise $67.3M to buy more Ethereum. 

  • GameSquare shares surged over 60% after the board approved $100M Ethereum treasury initiatives.

  • Polygon completed its Heimdall v2 upgrade which cuts finality to 5s.

  • XION announced the launch of ECCO app, allowing users to source movies across platforms. 

  • Story and World partnered to verify IP ownership onchain.

  • Bit Mining made the pivot to crypto treasury after announcing plans to raise $200M - $300M for Solana treasury. 

  • Sonic chain saw more than 13,500+ contracts leveraging their FeeM monetization feature which allows developers to earn 90% of network fees that their dApps generate. 

  • Sonnet BioTherapeutics, Inc. announced a merger deal to launch Hyperliquid Strategies, a new entity that is expected to hold 12.6M HYPE and $305M in cash. 

  • Ton Application Chain (TAC) launched its mainnet, allowing Ethereum dApps to now become easily accessible for Telegram users. 

  • BNB chain joins Ondo Global Markets Alliance with plans to support Ondo’s suite of tokenized assets in future. 

  • Cosmos announced its new roadmap for the next 6 months to focus more on being a service hub for IBC-chains and applications and pausing the launch of their EVM platform on Cosmos. 

  • Grok 4 and Kimi K2 launched, both frontier models achieving SOTA performance across various benchmarks, underscoring competitive performance in both closed-source and open-source models. 

  • Coinbase partners with Perplexity on real time crypto data service

  • IPTP Network and MCB Ventures announced the launch of DeCenter Foundation to drive decentralized AI cloud using data centers from IPTP and edge node infrastructure.

  • Fetch.ai contributed to a onchain identity initiative led by Bosch focused on decentralized identity and data sharing for next-gen mobility. 

  • Prime Intellect released Synthetic V2, its open dataset of 4M verified reasoning traces spanning complex RL tasks and verifiers. 

  • Decentralized agent launchpad, Creator.Bid, announced v2 and the launch of autonomous research agent, Rizzy. 

  • AIOZ AI V1 announced the launch of a new AI model that is able to combine different subjects and backgrounds into one single, artifact-free composite. 

  • Circle and OKX partners to provide free USDC-USD conversion. 

  • Ant international plans to add USDC support to its blockchain after stablecoin regulatory greenlight.

  • Over 40 companies applied for stablecoin license ahead of Aug 1 launch in Hong Kong

  • Tether to sunset USDT on 5 legacy blockchains including Algorand, Bitcoin Cash, EOS, Kusama, and Omni Layer due to lack of usage from 1 September 2025. 

  • Zero-knowledge Privacy Pools, backed by Vitalik Buterin, integrates with Sky’s USDS and announced support for more assets in future. 

  • Plasma Network announced the launch of its Phase 2 which will conduct a public sale of its network native token, XPL. Additionally, it also released its testnet featuring PlasmaBFT and EVM execution layer for scalable stablecoin payment infrastructure. 

  • Paypal to expand PYUSD access to the Arbitrum network. 

  • Aethir and Credible launched a DePIN-powered credit card and loan product backed by ATH. 

  • Maple finance becomes the largest onchain asset manager ($2.9B), overtaking BlackRock’s BUIDL ($2.3B).

  • Nasdaq-listed firm, Biosiq, entered into a definitive agreement to receive up to $1.1B growth financing to tokenize $142T commodities market after merger with Streamex Exchange Corporation. 

  • Aevo launched Aevo degen platform, offering 1000x leverage on tokenized equity.

  • Amber International becomes first Asia-based company to tokenize its shares via xStocks on Solana

  • Kraken and Backed Finance to expand tokenized equity access to BNB chain.

  • Bitget integrates with Backed Finance xStocks to offer tokenized equity. 

  • DL Holdings announced the tokenization of $500M of RWA with a portion distributed to eligible shareholders, DL Securities clients and neuralfin technology users. Currently pending approval from HK SFC.

  • Peaq launched its own Python SDK for the machine economy. 

  • Monad Foundation acquired stablecoin infrastructure startup Portal.

  • Agora, stablecoin issuer of AUSD, announced a $50M Series A round led by Paradigm. 

  • Dakota, a crypto-integrated business banking platform, secured a $12.5M Series A round led by CoinFund. 

  • Function raised a $10M seed round led by Galaxy Digital to drive institutional yield opportunities with its FBTC. 

  • Remix, a gaming launchpad, raised a $5M seed round led by Archetype. 

  • Talos acquired Coin Metrics for over $100M. 

  • Ondo Finance acquired Strangelove. 

  • Tanssi announced mainnet launch. 

  • Babylon plans to launch the Bitcoin multi-staking testnet in Q3, and mainnet in Q4.

  • Yala launches PayFi Universe, allowing users to spend Bitcoin earnings without selling coins.

  • Mind Network and ByteDance’s cloud platform BytePlus signed a MOU to jointly promote the construction of trusted AI infrastructure.

  • Orbiter Finance and Nano Labs collaborate to launch compliant stablecoin cross-chain solution NBNB.io.

  • Animoca Brands and DDC Enter into $100 Million Bitcoin Strategic Partnership. The two parties will jointly develop and implement Bitcoin profit enhancement and risk management strategies.