HashStack #023

Metaplanet secured $100M in loans using Bitcoin as collateral to buy more Bitcoin.

Sequans Communications sold its BTC holdings to pay down half of its convertible debt.

Strategy’s €100 euro STRE offering doubles initial target to $715 million, extends Bitcoin funding pipeline.

Tether buys $97M worth of Bitcoin during the dip.

American Bitcoin snaps up $160M in BTC, vaulting into top 25 public treasuries. 

Lombard finance acquired BTC.B, enabling idle Bitcoin unlock capital efficiency via Lombard’s protocol infrastructure. 

Block enables Bitcoin payments for millions of its sellers via Square’s Point-of-Sale platform. 

Bitcoin miner, CleanSpark, to raise $1B in convertible note offering to expand its operations in the AI/HPC sector. 

Starknet open-sourced prover, Stwo is now live on mainnet.

Starknet proposed Ztarknet, a Starknet L2 for Zcash.

ZkSync CEO proposes new tokenomics model for ZK. 

Linea burn mechanism went live.

Ethereum Foundation relaunched its grant program with a new model focusing on wishlist and RFP. 

Unichain adds support for non-EVM assets like DOGE, XRP, Zcash through the universal protocol. 

SSV’s second distributed validator technology client, Anchor, went live on Ethereum.

Republic secures $100M in financing to buy ETH and expand its staking operations.

Hyperliquid HIP-5: Staker Governed Assistance Fund 2 (AF-2), allocating 0%-5% of protocol trading fees to buyback native tokens elicit controversy amongst the community. 

Hyperliquid is also testing a lending and borrowing module on its HyperCore testnet. 

Spot Solana ETFs drew in more than $500M in inflows during first trading week

Telegram CEO announced ‘Cocoon’, a confidential compute open network built on TON.

Helius Labs released ‘Orb’, a human-readable Solana blockchain explorer with AI-driven explanations.

Monad provides updates on tokenomics ahead of launch. 

Injective rolls out native EVM support. 

Akash Network announced its Burn–Mint Equilibrium mechanism, which channels compute fees into market purchases and burns of AKT.

Numerai released Dataset V5.1 “Faith”, its most significant upgrade to date, adding 186 new features for tournament data scientists.

Gensyn launched CodeAssist, a coding assistant that continually adapts to user edits and activity. 

Olas introduced Pearl v1, an on-chain application marketplace designed for self-custodied AI agents. 

BlockAnalitica rolled out Agent Sphere, an AI market analyst that identifies stablecoin opportunities and risks. 

Sail launched its first on-chain AI agent capable of performing non-custodial swaps and cross-chain bridging.  

Questflow released Tars 3.0, introducing its “Agentic Block” platform that enables the creation and coordination of autonomous agents.

Akash Network finalized its Mainnet 14 upgrade, transitioning the network to Cosmos SDK v0.53 with enhanced features such as better developer experience, efficient governance framework, and higher network throughput among others. 

UnifAI Network launched PolyArena, a live prediction battleground on Polymarket where six leading AI models trade autonomously to demonstrate superior reasoning performance.

Perle Labs beta is live on Solana, allowing contributors to label text, images, sound while earning rewards.

Gaib AI launched AI dollar and season 2 campaign.

Jupiter DAO approved to burn all the JUP tokens in the Litterbox Trust.

LidoFinance introduces stRATEGY, curated DeFi strategies around stETH. 

Dromos Labs introduced Slipstream V2, with dynamic fees for optimal market efficiency.

Maple Finance passed MIP-019, which aims to allocate 25% of ongoing protocol revenue into buybacks and sunsetting staking rewards for syrup token.

Sky protocol passed a proposal to enable rewards for SKY stakers.

Flying Tulip releases its multi-year roadmap made up of: public capital allocation, release of core permissioned trading stack, release of core permissionless trading stack, introduction of other applications.

Uniswap Founder proposed a plan to active fee switch, using a portion of the fees from DEX and unichain to accrue value to tokenholders. 

Ripple Labs is partnering with Mastercard to offer RLUSD credit card settlement on XRP ledger

Japan’s FSA has announced support for a pilot project involving MUFG, SMBC, and Mizuho to launch a yen stablecoin.

Stable announced the launch of Phase 2 of their pre-deposit campaign. 

zkp2p released V3 of its P2P on/off ramp

Coinbase and Citi to collaborate on the future of payments to enable fiat-to-crypto conversions.

Coinbase partners with Apollo Partners to develop stablecoin credit strategies. This allows US-based customers to borrow up to $100,000 using digital assets as collateral.

JPYC officially launched in Japan as the first yen-backed stablecoin. 

Western Union and Anchorage partnered to launch USDPT stablecoin access in 150 countries. 

Circle’s Arc launched its public testnet.

The Bank of England launched a consultation for its sterling-denominated stablecoin which is expected to launch next year. 

Standard Chartered to partner with DCS to expand stablecoin credit card operations in Singapore. 

Chainlink partnered with FTSE Russell to publish global indices onchain via DataLink.

Securitize and VanEck bring VBILL to Aave Horizon, adopting Chainlink NAVLink feeds.

The developer of Astar network, Startale Labs, launched Startale USD with 14% APY.

Tether, KraneShares, and Bitfinex Securities Forge Strategic Alliance to Advance Tokenized Capital Markets

Mikro Kapital Launches Tokenized Bond Program to Finance Underserved Entrepreneurs via Bitfinex Securities and Hadron by Tether

Securitize rolls out tokenized credit fund with BNY on Ethereum.

Ondo brings global markets to BNB.

DBS and J.P Morgan to develop an interoperability framework for tokenized deposits to enable round the clock transfers across public and permissioned blockchains. 

Lighter, a leading perp dex, raised $68M at a $1.5B valuation led by Founders Fund and Ribbit Capital.

Crypto trading app, Fomo, raised $17M in a Series A round led by Benchmark.

Ripple raised $500M at a $40B valuation. 

Paystand acquired Bitwage to scale its cross-border stablecoin settlement.

AI-powered crypto trading browser, Donut, raised $15M in seed funding. 

Space and Time – Launched Space and Time v2. With the latest mainnet upgrade, institutions can now use SXT to secure offchain financial datasets and power more sophisticated asset tokenization onchain. 

AEON (Formerly ARCard) – AEON’s BNB x402 V2 SDK and Facilitator Service is now fully live. 

Questflow launched Daydreams, an x402 agent facilitator, processing around 100k+ in transactions a day. 

Myriad markets are now live on BNB. 

Perle Labs beta is now live.