Stablecoin bill faces several challenges — former Senator Pat Toomey
The total market capitalization of the stablecoin sector has topped $174 billion as of November 2024 and continues to grow.
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Universities use blockchain-based storage to protect and democratize data
Academic institutions house some of the world’s most important data generated from years of research. Yet centralized data storage models are becoming a concern for many universities looking to keep critical information safe and accessible. Danny O’Brien, a senior fellow at the Filecoin Foundation and Filecoin Foundation for the Decentralized Web (FFDW) — an independent organization…

Trump mulls tapping crypto-friendly CFTC chair: Report
Summer Mersinger, a Republican CFTC commissioner who has urged the regulatory to take a more accommodating stance on crypto, is among those under consideration

Andreessen Horowitz Raises $515 Million for New Crypto Fund, Surpassing Initial Goal
Andreessen Horowitz is bullish on crypto, raising $515 million for its second industry-focused fund

Bitcoin Miner Canaan’s IPO Nets Just $90M After Losing Banking Partner
Bitcoin (BTC) mining giant Canaan Creative has raised $90 million in its initial public offering (IPO) — over 75% less than expected. According to Bloomberg, which quoted filings from United States regulator the Securities and Exchange Commission (SEC) on Nov. 20, Canaan sold 10,000,000 shares for $9 each.From $400M to $90MPreviously, the company looked to raise…

Magic Eden faces backlash over US service segregation
Magic Eden’s US-exclusive domain introduces service restrictions, sparking frustration over feature limitations like airdrops.

Oregon targets Coinbase after SEC drops its federal lawsuit
While winning legal victories at the federal level, the crypto industry still faces regulatory hurdles at the state level in the United States. 589 Total views 2 Total shares Oregon Attorney General Dan Rayfield is planning a lawsuit against crypto exchange Coinbase, alleging the company is selling unregistered securities to residents of the US state

Avalanche (AVAX) posts triple-digit monthly gain as TVL surge points to user growth
AVAX, the native token of the Avalanche ecosystem has surprised the market, posting double-digit gains amid a drawback in the wider crypto space. AVAX token smashed through the $40 barrier on Dec.12 to reach an intra-day high of $43. At the time of publication, the layer 1 token trades at $38, up 12% over the

Synchron, ChatGPT to help paralyzed patients chat and text again
Neurotech firm Synchron has integrated OpenAI’s generative AI tech into its brain-computer interface to help severely paralyzed patients communicate again.