Spritehood NFTs raise $1.28M on Robinhood Chain
Spritehood has sold 42,956 paid NFTs on Robinhood Chain in about 53 minutes, generating nearly $1.28 million for Pudgy Penguins co-founder Cole Villemain. Summary Paid buyers minted 42,956 Spritehood NFTs priced at either $17 or $117. The sale generated about…
Vitalik Buterin Updates Ethereum Roadmap With Privacy, Quantum Security and AI
Ethereum co-founder Vitalik Buterin has updated the network’s long-term roadmap, placing greater emphasis on privacy, post-quantum security, artificial intelligence and new approaches to scaling. In an Aug. 10 post on X, Buterin compared Ethereum’s current “Strawmap” with the roadmap published…
Crypto Platforms Tokenize Pokemon Cards as Sealed Products Outperform S&P 500 and BTC
Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Unopened boxes of Pokemon cards did something remarkable over the past five years: they quadrupled in value, outperforming both the…
SEC, CFTC Forge Their Own Crypto Paths as CLARITY Act Stalls Out
Key Takeaways The SEC votes Aug. 14 on new crypto fundraising rules for startups and other issuers. The Senate’s Clarity Act faces a 60-vote cloture test on Sept. 15 after stalling in August. CFTC Chair Michael Selig says the agency…
Fed rate hike debate grows with inflation above 2%
Chicago Fed President Austan Goolsbee has identified inflation above the Federal Reserve’s 2% target as the main U.S. economic problem while officials debate whether to raise rates from 3.50%–3.75%. Summary Goolsbee called inflation the economy’s biggest problem, while describing the…
Sui Co-Founder Is Building Quantum-Safe Hardware Wallets For $10
Key Takeaways Kostas Chalkias says he leased a factory to build quantum-safe Sui wallet cards at scale. The target: under $10 per quantum card key and 1-2 seconds per NFC quantum signature. The move follows a Coldcard firmware flaw that…
Coinbase secures Abu Dhabi license for tokenized securities
Coinbase has secured Abu Dhabi regulatory approval to arrange investment deals and provide custody as it prepares an international hub for tokenized securities and onchain capital markets. Summary Coinbase has received Financial Services Permission from Abu Dhabi Global Market’s financial…
Nvidia Taps Blackrock, Goldman Sachs, Blackstone to Mobilize $500B for AI
Key Takeaways Nvidia and six financial firms target more than $500 billion for AI. Financial partners, not Nvidia, decide which projects receive funding. Nvidia may provide residual-value support for up to 25% of a deal. Wall Street Capital Moves Into…
Brazil’s biggest bank Itaú joins tokenization pilot for bonds and funds
Brazil’s largest bank by market value has joined a pilot involving more than 50 financial organizations to test the issuance, trading, and settlement of tokenized fixed-income securities and investment funds. Summary More than 50 financial organizations are participating in ANBIMA’s…
Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding
Key Takeaways Gold crossed $4,400 on Aug. 11 before spot prices eased to $4,378.50 by noon EDT. China’s PBOC added 20 tonnes of gold in July, extending its buying streak to 21 months. U.S. CPI data is the next test…
