The chief executive of retail trading giant Robinhood says that the tokenization of traditional assets could secure the dominance of the US equities market. In a new interview on the Bankless YouTube channel, Robinhood CEO Vlad Tenev says that crypto asset tokenization will boost the US stock market the same way stablecoins are helping establish the dominance of the US dollar. “Tokenization of securities, which we’re very excited about, allows you to have ownership in companies… Stablecoins are viewed rightly as an area that could increase demand among individuals overseas as governments become prone to diversifying away from holding treasuries. So in the same way that stablecoin legislation can kind of push forward US dollar dominance, I think tokenized securities can really push forward US company dominance in the global market.” Tenev notes that by tokenzing securities on global blockchains, investors outside the US will be able to invest in American securities in a matter of clicks – rather than go through the cumbersome process of traditional banks and trading platforms. “It’s very difficult to invest in a US company if you’re overseas, and so in the same way that stablecoins made it easy to get dollars, tokenized securities will [grant] easy access to US companies, so we’re excited about that. I think that’s good for the companies [and] good for people outside the US because they’ll have access to these effective wealth building tools, which is another way to diversify if they have [a] loss of purchasing power due to local currencies that are devaluing sharply. So I think that’s exciting, and I think it’s also good for entrepreneurs and capital formation. If you make it easier to raise capital in the US by tapping into a global crypto market, you get a lot more interesting companies.” Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Robinhood CEO Vlad Tenev Says Crypto Tokenization Could Secure Dominance of US Stock Market appeared first on The Daily Hodl .
In the fast-paced world of decentralized finance (DeFi), navigating the ocean of tokens can feel like traversing uncharted waters. How do you know which tokens are trustworthy and which might be… well, less so? If you’re a user of Solana-based decentralized exchanges (DEXs), especially Jupiter, you’re in for some fantastic news! Jupiter has just launched Jupiter Verify , a groundbreaking system designed to inject a hefty dose of crypto trust into the Solana ecosystem. Let’s dive into how this exciting development is set to change the game. What is Jupiter Verify and Why Does Token Verification Matter? Jupiter, a leading DEX on Solana, has officially announced the arrival of Jupiter Verify through their X account. This isn’t just another feature; it’s a comprehensive token verification system built to address a critical need in the DeFi space: user confidence. In essence, Jupiter Verify is all about making it easier for you to distinguish between credible Solana tokens and those that might raise a red flag. But why is this so important? Think about it. The beauty of DeFi lies in its open and permissionless nature. Anyone can launch a token, which is incredible for innovation. However, this also opens the door to potential risks. Without proper vetting, users can fall prey to scams, rug pulls, or simply projects that lack legitimacy. This is where token verification steps in, acting as a beacon of safety and transparency. Jupiter Verify aims to solve this problem head-on by providing clear signals about the credibility of tokens listed on their DEX. This isn’t about Jupiter becoming a gatekeeper, but rather about empowering users with the information they need to make informed decisions. It’s about fostering a safer and more reliable trading environment on Solana. Decoding the Tiers: How Jupiter Verify Enhances DEX Security Jupiter Verify isn’t a one-size-fits-all approach. It’s a tiered system, offering varying levels of assurance based on different verification methods. Let’s break down each tier to understand how they contribute to enhanced DEX security and user trust: Blue Chip Verification: The Gold Standard Imagine the ‘blue checkmark’ of the crypto world, but with even more substance. Blue Chip verification is reserved for established and reputable projects on Solana. Think of tokens from well-known protocols, projects with significant community backing, and a proven track record. This tier signifies a high level of trust and is likely to include projects that have demonstrated longevity and reliability. Community Assisted Verification: Power to the People This is where the community gets directly involved in shaping the verification landscape. Community Assisted verification leverages the collective wisdom of the Jupiter and Solana ecosystems. Through a transparent and collaborative process, community members can contribute to the evaluation of tokens, highlighting projects they believe are legitimate and valuable. This approach harnesses the power of decentralized vetting, making verification more robust and inclusive. Social ID Verification: Connecting Real Identities In a space often characterized by pseudonymity, Social ID Verification introduces an element of real-world accountability. Projects undergoing this level of verification link their token to verified social media identities and potentially other forms of public identification. This doesn’t necessarily guarantee project success, but it adds a layer of transparency and reduces the anonymity that can sometimes shield malicious actors. It’s about building bridges between the on-chain world and real-world identities to enhance DEX security . C.A.T. Report (Cautionary Assessment & Transparency): Transparency First The C.A.T. Report tier is all about transparency and providing users with crucial information, even if a token doesn’t fit neatly into the other verification categories. This report will likely highlight key risk factors, potential concerns, and important details about a token’s background and operations. It’s about equipping users with a ‘buyer beware’ approach, but with the necessary information to make informed decisions. Think of it as a detailed risk assessment, empowering users to navigate the token landscape with their eyes wide open. Benefits of Jupiter Verify: A Win-Win for Solana? The introduction of Jupiter Verify is poised to bring a wave of positive changes to the Solana ecosystem. Let’s explore some key benefits: Increased User Trust and Confidence: At its core, Jupiter Verify is about building trust. By providing clear verification tiers, users can more easily identify credible tokens, leading to increased confidence in the Solana DeFi space as a whole. This is crucial for attracting new users and fostering wider adoption. Reduced Risk of Scams and Rug Pulls: While no system is foolproof, Jupiter Verify significantly raises the bar for nefarious actors. The verification process makes it harder for scam tokens to gain traction and provides users with signals to avoid potentially risky projects. This contributes directly to improved DEX security . Support for Legitimate Projects: Jupiter Verify isn’t just about weeding out bad actors; it’s also about highlighting and supporting legitimate projects. Verification badges can serve as a mark of quality, attracting more users and investors to projects that have undergone scrutiny and met certain standards. Enhanced Transparency and Accountability: The system promotes transparency through its tiered approach and the inclusion of community and social ID verification. The C.A.T. Report further emphasizes transparency by providing detailed information about tokens, empowering users with knowledge. Community Empowerment: The Community Assisted Verification tier directly involves the community in the verification process. This decentralized approach leverages the collective intelligence of the Solana ecosystem, making the verification process more robust and aligned with community values. Navigating the Challenges: Is Token Verification a Silver Bullet? While Jupiter Verify is a significant step forward, it’s important to acknowledge that no system is without its challenges. Token verification is not a silver bullet that will eliminate all risks in DeFi. Here are some potential challenges to consider: The Evolving Nature of Scams: Scammers are constantly adapting their tactics. Verification systems need to be dynamic and continuously evolve to stay ahead of sophisticated scams and rug pull attempts. Subjectivity in Community Verification: While community involvement is a strength, it can also introduce subjectivity. Ensuring fairness, preventing manipulation, and establishing clear guidelines for community-based verification will be crucial. Resource Intensity of Verification: Implementing and maintaining a comprehensive verification system requires resources. Jupiter will need to dedicate ongoing effort to ensure the system remains effective and up-to-date. False Sense of Security: It’s crucial to avoid creating a false sense of security. Verification is a valuable tool, but users must still conduct their own due diligence and understand the risks involved in DeFi. Jupiter Verify should be seen as an aid to informed decision-making, not a guarantee of safety. Jupiter Verify in Action: Real-World Examples (Hypothetical) Let’s imagine how Jupiter Verify might play out in practice: Scenario Jupiter Verify Tier User Action Trading a well-established Solana token like $SOL or $RAY. Blue Chip Verification Trade with high confidence, knowing the project is well-vetted. Exploring a promising new community token with active social channels. Community Assisted Verification Review community feedback and DYOR (Do Your Own Research) while considering the positive community signals. Considering a token from a project with publicly known developers. Social ID Verification Evaluate the developers’ reputation and project details alongside the added transparency of social ID. Encountering a newer, less-known token with a C.A.T. Report. C.A.T. Report Carefully review the C.A.T. Report, understand the highlighted risks, and proceed with caution if interested. These are just hypothetical examples, but they illustrate how Jupiter Verify can provide users with a framework for assessing token credibility and making more informed trading decisions on the Solana DEX. Actionable Insights: How to Leverage Jupiter Verify So, how can you, as a Solana user, make the most of Jupiter Verify ? Familiarize Yourself with the Tiers: Understand what each verification tier signifies and what level of assurance it provides. Look for Verification Badges: When browsing tokens on Jupiter, pay attention to the verification badges associated with each token. Utilize Community Resources: Engage with the Jupiter and Solana communities to gather insights on Community Assisted Verified tokens. Review C.A.T. Reports: If a token has a C.A.T. Report, take the time to read it carefully and understand the potential risks. Combine Verification with Your Own Research: Jupiter Verify is a valuable tool, but it shouldn’t replace your own due diligence. Always conduct thorough research before investing in any cryptocurrency. Conclusion: A Giant Leap for Crypto Trust on Solana Jupiter’s launch of Jupiter Verify marks a significant step forward in enhancing crypto trust and DEX security within the Solana ecosystem. By introducing a tiered verification system, Jupiter is empowering users with the tools and information they need to navigate the token landscape with greater confidence. While challenges remain, the potential benefits of Jupiter Verify – increased user trust, reduced risk, and support for legitimate projects – are undeniable. This initiative not only benefits Jupiter users but also contributes to the overall maturation and credibility of the Solana DeFi space. It’s a positive development that signals a growing commitment to user safety and transparency in the ever-evolving world of decentralized finance. Trust is paramount in crypto, and Jupiter Verify is a powerful tool in building and reinforcing that trust. To learn more about the latest crypto market trends, explore our article on key developments shaping Ethereum institutional adoption.
Bitcoin Magazine Bill Miller IV Reveals Firm’s Investment in GME, Touts Bitcoin Treasury Strategy In a recent interview , Bill Miller IV outlined his firm’s investment approach in a rapidly shifting macro environment, spotlighting GameStop as a new position and reiterating strong conviction in Strategy (formerly MicroStrategy) as the blueprint for Bitcoin treasury strategy. For Miller, corporate Bitcoin strategy is more than a hedge—it’s a signal of innovation, adaptability, and capital efficiency. Strategy: Solving Corporate Finance Problems with Bitcoin Miller praised Strategy’s transformation from software company to capital allocator focused on Bitcoin. He emphasized that the company isn’t just investing in Bitcoin—it’s solving traditional corporate finance challenges through Bitcoin-backed innovation. Strategy continues to create access to Bitcoin across the capital stack, offering various instruments with different risk profiles—from equity to convertible notes. While some view the firm’s market premium as excessive, Miller sees it as deserved. He framed Strategy’s persistent accumulation of Bitcoin through share issuance as an intelligent response to monetary debasement and a model that others have yet to replicate effectively. He also noted that the rebrand from MicroStrategy to Strategy marked a shift not just in name, but in purpose—cementing the company’s identity as a Bitcoin development company. Not Every Company Can Be Strategy—But Many Can Start According to Miller, there’s a growing list of public companies adding Bitcoin to their balance sheets—more than 70 by his count—but his firm only invests in a select few. He emphasized that his team evaluates each one on its own merits, with a value-oriented lens and a clear focus on the core business. While not every company can become a Bitcoin development company like Strategy, Miller believes many can and should adopt Bitcoin as a long-term store of value. He described Bitcoin as a way for companies to preserve the purchasing power of their excess capital, especially in light of monetary policies designed to erode fiat value over time. He emphasized that companies facing secular challenges—such as declining core businesses or structural industry shifts—may find in Bitcoin a meaningful way to preserve relevance and shareholder value. New Position: GameStop Signals Memetic and Strategic Potential Miller confirmed a new starter position in GameStop, explaining that the decision was driven by the company’s recent capital raise and signs that it may be exploring a Bitcoin strategy. Though the position is small, it reflects his firm’s broader interest in companies that show signs of innovation and unorthodox capital allocation. He highlighted Ryan Cohen’s role at GameStop as a potentially powerful catalyst, pointing to Cohen’s cultural influence and willingness to think outside traditional finance norms. The ability to shape narratives, Miller suggested, is increasingly important in a world where memetics and capital markets are intertwined. He sees potential for GameStop to follow a path similar to Metaplanet or Strategy—retail businesses that have embraced Bitcoin in response to broader existential challenges. Bitcoin as the Rational Response to Monetary Debasement Miller made the case for Bitcoin adoption as a response to ongoing monetary debasement. He explained that if policymakers openly target 2% annual inflation—or more—then it is rational for companies and individuals to move an equivalent portion of their fiat-denominated capital into Bitcoin. He stressed that this isn’t a speculative move but a fundamental capital preservation strategy. The key, he noted, is holding Bitcoin over the long term and recognizing it as a way to transfer value into the future with a lower risk of purchasing power erosion. Miller also noted that more companies are waking up to this logic, especially as regulatory clarity improves. He expects adoption to continue accelerating and sees the current period as a pivotal moment for CFOs and corporate treasurers to take action. A Call to Forward-Thinking Financial Leaders For Miller, Bitcoin isn’t a temporary trade—it’s a long-term solution to structural problems in fiat finance. He believes corporate leaders who ignore this trend risk falling behind. The momentum, he says, is clear: more public companies are entering the space, and early adopters are beginning to outperform. Strategy remains the benchmark. GameStop, Metaplanet, and others may follow. But the broader takeaway is this: in a competitive, inflationary world, companies that fail to evolve risk irrelevance. Bitcoin offers a path forward—one rooted in long-term thinking and strategic capital deployment. Disclaimer: This content was written on behalf of Bitcoin For Corporations . This article is intended solely for informational purposes and should not be interpreted as an invitation or solicitation to acquire, purchase, or subscribe for securities. This post Bill Miller IV Reveals Firm’s Investment in GME, Touts Bitcoin Treasury Strategy first appeared on Bitcoin Magazine and is written by Nick Ward .
According to the latest development, cryptocurrency exchange Coinbase is listing Definitive (EDGE) with its experimental tag. *This is not investment advice. Continue Reading: BREAKING: Coinbase Announces to List a New Altcoin with Experimental Label
VanEck, a prominent American investment management firm, is set to launch the first Binance Coin (BNB) exchange-traded fund (ETF) in the United States. On March 31st, the firm filed to establish a trust entity in Delaware under filing number 10148820, as confirmed by public records on the state’s official website . This development serves as a preliminary measure before a formal application is submitted to the US Securities and Exchange Commission (SEC). If approved, the VanEck BNB ETF would become the first US-based ETF to track the price of Binance Coin, the fifth-largest cryptocurrency by market capitalization. While BNB-related products, such as the 21Shares Binance BNB ETP, are available in international markets, no similar ETF exists in the US. VanEck previously introduced spot Bitcoin and Ether ETFs in January and July 2024, respectively, after obtaining SEC approval. It also registered standalone ETFs for Solana and Avalanche in Delaware. Meanwhile, the latest filing did not immediately impact BNB’s market performance. In fact, the cryptocurrency is trading at approximately $605, with a 1.36% decline in the past 24 hours and a 4.3% drop over the past week. BNB witnessed modest gains after President Donald Trump’s financial venture, World Liberty Financial (WLFI), announced the launch of USD1, a USD-backed stablecoin built on the BNB Chain, last week. It briefly surged to about $620 on March 25th, followed by another uptrend above $640 three days later before declining again. In related news, Binance founder Changpeng ‘CZ’ Zhao announced that he is donating 500 BNB to aid victims of the Myanmar and Thailand earthquake. The former chief executive also sought suggestions on the most effective way to distribute the BNB for relief efforts. The post VanEck Seeks SEC Approval for US’s First BNB ETF in Delaware Filing appeared first on CryptoPotato .
Exciting news is breaking in the crypto world! Sei Network, known for its lightning-fast blockchain, has just announced a significant step to propel the industry forward. They’ve launched the Sei Development Foundation, a brand-new U.S.-based nonprofit, right in the heart of Manhattan. This isn’t just another announcement; it’s a powerful signal about the future direction of crypto, particularly concerning crypto development and sensible crypto policy . What is the Sei Development Foundation and Why Does It Matter? The Sei Development Foundation is not just another organization; it’s a dedicated entity focused on accelerating the growth and maturity of the cryptocurrency ecosystem. Based in Manhattan, a global hub for finance and innovation, its strategic location underscores the foundation’s ambitions. But what exactly will it do, and why should you care? Supporting Crypto Builders: At its core, the foundation is designed to empower those building the future of crypto. This means providing resources, grants, and support to developers and projects pushing the boundaries of decentralized technology and crypto development . Driving Institutional Adoption: A major focus is on bridging the gap between traditional finance and the crypto world. The foundation will actively work to foster institutional adoption of cryptocurrency by educating institutions, addressing their concerns, and demonstrating the real-world value of blockchain technology. Engaging with Policymakers: Recognizing the crucial role of regulation, the foundation will proactively engage with U.S. policymakers. This is about advocating for a pro-innovation environment that allows crypto development to flourish while ensuring responsible growth. They aim to shape sensible crypto policy that benefits both innovation and user protection. Advancing Decentralized Technology: Ultimately, the foundation is committed to the long-term vision of decentralized technology. They believe in the power of blockchain to create a more open, transparent, and efficient world, and will work to advance this vision through their various initiatives. Fueling the Future of Crypto Development One of the primary pillars of the Sei Development Foundation is its commitment to fostering crypto development . But how will they actually achieve this? It’s not just about talk; it’s about tangible actions and support. Here’s a glimpse into their approach: Initiative Description Impact on Crypto Development Grant Programs Providing financial grants to promising projects and developers working on innovative crypto solutions. Directly funds and accelerates the development of new technologies and applications within the crypto space. Incubation and Acceleration Programs Offering mentorship, resources, and networking opportunities to early-stage crypto projects. Helps nurture promising projects, increasing their chances of success and contributing to a vibrant ecosystem. Educational Resources and Workshops Creating and distributing educational materials, and conducting workshops to enhance the skills of crypto developers. Expands the talent pool in crypto development , ensuring a continuous flow of skilled professionals. Community Building Initiatives Fostering collaboration and knowledge sharing within the crypto developer community through events and online platforms. Creates a supportive and collaborative environment, accelerating the pace of innovation in crypto development . Through these multifaceted initiatives, the Sei Development Foundation aims to create a fertile ground for crypto development , ensuring that the industry continues to innovate and evolve. Shaping Pro-Innovation Crypto Policy Beyond supporting builders, the Sei Development Foundation recognizes the critical need for a conducive regulatory environment. Crypto policy in the U.S. is a constantly evolving landscape, and the foundation intends to play a proactive role in shaping it. Why is this so important? Clarity and Certainty: Ambiguous regulations can stifle innovation and investment. The foundation will advocate for clear and well-defined crypto policy that provides certainty for businesses and individuals operating in the space. Pro-Innovation Approach: The goal is to promote crypto policy that encourages innovation and technological advancement, rather than hindering it. This involves educating policymakers about the potential benefits of crypto and decentralized technologies. Balanced Regulation: While advocating for innovation, the foundation also understands the need for responsible regulation to protect consumers and prevent illicit activities. They aim to find a balance that fosters growth while mitigating risks. Engaging with Stakeholders: Effective crypto policy requires dialogue and collaboration. The foundation will engage with policymakers, industry leaders, and the broader crypto community to ensure that diverse perspectives are considered in policy discussions. By actively participating in policy discussions and advocating for sensible regulations, the Sei Development Foundation hopes to contribute to a U.S. regulatory framework that supports the long-term growth and success of the crypto industry. This proactive approach to crypto policy is essential for unlocking the full potential of decentralized technologies. Unlocking Institutional Adoption of Crypto Institutional adoption is often seen as the next major catalyst for the widespread growth of the crypto market. The Sei Development Foundation understands this and has made it a key priority. But what exactly does institutional adoption mean, and how will the foundation facilitate it? What is Institutional Adoption? Institutional adoption refers to the integration of cryptocurrencies and blockchain technology into the operations and investment strategies of large financial institutions, corporations, and other organizations. This includes: Investment in Crypto Assets: Institutions allocating capital to cryptocurrencies like Bitcoin and Ethereum, either directly or through investment products. Integration of Blockchain Technology: Corporations utilizing blockchain for various applications, such as supply chain management, payments, and data security. Offering Crypto Services: Financial institutions providing crypto-related services to their clients, such as custody, trading, and lending. How the Foundation Will Drive Institutional Adoption: Education and Awareness Programs: Creating educational resources and conducting workshops to inform institutions about the benefits and opportunities of crypto. Addressing misconceptions and building confidence in the technology. Facilitating Dialogue and Collaboration: Bringing together institutions, crypto companies, and regulators to foster dialogue and collaboration. Creating platforms for knowledge sharing and partnership development. Showcasing Real-World Use Cases: Highlighting successful examples of institutional adoption and demonstrating the practical applications of blockchain technology in various industries. Addressing Regulatory Concerns: Working to clarify regulatory uncertainties and advocate for sensible regulations that encourage institutional adoption while ensuring compliance and risk management. By actively working on these fronts, the Sei Development Foundation aims to pave the way for greater institutional adoption , unlocking new levels of growth and maturity for the crypto market. Why a Nonprofit Structure for Crypto? The decision to establish the Sei Development Foundation as a nonprofit organization is a strategic one, reflecting a commitment to the broader crypto ecosystem and its long-term sustainability. But what are the advantages of a nonprofit structure in this context? Mission-Driven Focus: A nonprofit structure prioritizes mission over profit. The foundation’s primary focus is on supporting crypto development , advancing crypto policy , and driving institutional adoption , rather than generating profits for shareholders. This aligns with the ethos of the decentralized crypto movement. Attracting Donations and Funding: Nonprofit status can make it easier to attract donations and funding from individuals, corporations, and other foundations who share the mission. This can provide a more sustainable and diverse funding base for the foundation’s initiatives. Enhanced Credibility and Trust: Operating as a nonprofit can enhance the foundation’s credibility and trustworthiness, particularly when engaging with policymakers and institutions. It signals a commitment to public benefit and long-term impact. Tax Advantages: Nonprofit organizations often benefit from certain tax exemptions, which can allow them to allocate more resources directly to their mission-related activities. By choosing the nonprofit route, the Sei Development Foundation signals its long-term commitment to the crypto space and its dedication to serving the broader community. This structure allows it to operate with a clear mission focus, attract diverse funding, and build trust and credibility – all crucial factors for achieving its ambitious goals. A Bold Step Forward for Crypto The launch of the Sei Development Foundation is more than just another industry development; it’s a significant step forward for the entire crypto ecosystem. By focusing on crypto development , proactive crypto policy engagement, and driving institutional adoption , the foundation is poised to play a pivotal role in shaping the future of decentralized technology. Based in Manhattan, and with a clear mission-driven approach as a nonprofit , the Sei Development Foundation is strategically positioned to make a real impact. Keep an eye on this space – it’s going to be an exciting journey! To learn more about the latest crypto policy trends, explore our article on key developments shaping crypto institutional adoption.
The DoubleZero Protocol, a blockchain infrastructure network aiming to multiply speeds and efficiency for distributed networks, announced a validator funding round to sell token-purchase agreements for its native token to prospective validators. Applications for the funding round will be accepted April 2-10 through the CoinList platform, marking its first public token sale in the United States since 2019. The round is only available to accredited investors. According to the protocol, only validators currently serving the high-throughput Solana, Celestia, Sui, Aptos, and Avalanche networks are eligible to apply. Interested parties are invited to submit bids declaring a per-unit token price and maximum budgets, which will be aggregated to determine the final sale price offered to the participating validators. A diagram of the DoubleZero validator funding round process. Source: CoinList In a statement to Cointelegraph, Austin Federa, co-founder of the Double Zero protocol and former Strategy lead at the Solana Foundation, said: "The DoubleZero CoinList sale is a first-of-its-kind opportunity for the validators who are already securing the most performant and distributed blockchains. It opens access to infrastructure that will power the next generation of distributed systems." "This industry has seen huge investment and innovation at the top of the stack — it is time to revolutionize the physical infrastructure layer powering high-performance distributed systems,” Federa said in the statement. The funding round comes amid a recent uptick in capital fundraising from crypto firms and crypto venture capitalists — suggesting that the market has room to grow in 2025. Related: Crypto VC giant targets $1B for new funds, expects oversubscription — Report DoubleZero protocol targets mainnet launch in the second half of 2025 The DoubleZero Protocol is aiming to launch its mainnet during the second half of 2025 following a successful $28 million fundraising round completed in March. Crypto venture capital firms Multicoin Capital and Dragonfly Capital led the previous fundraising round. First page of the DoubleZero Protocol white paper. Source: DoubleZero DoubleZero aims to increase the speed and communication of blockchain networks by using a dedicated network of fiber optics to provide the physical infrastructure for high-speed, low-latency blockchain connectivity. The focus on a dedicated fiber optic network for higher speeds is similar to the shift from dial-up internet that used 56K modems operating through 20th-century telecommunication infrastructure to broadband systems in the early 2000s. Magazine: Is measuring blockchain transactions per second (TPS) stupid in 2024? Big Questions
Fidelity Investments has made a significant move in the cryptocurrency space, enabling clients to invest in Bitcoin, Ethereum, and Litecoin through individual retirement accounts (IRAs). The launch of crypto IRAs
Clients will also be able to include Litecoin in individual retirement accounts.