00:24 2025-03-22
Farcaster Launches Data Layer Snapchain MainnetOn March 22nd, according to Theblock, decentralized social media protocol Farcaster launched a "blockchain-like" data layer Snapchain mainnet and simultaneously launched an "Airdrop Offers" incentive program to reward users who actively use the decentralized social media platform. According to co-founder Varun Srinivasan when he announced the launch of the Snapchain testnet in December, the new system can process more than 10,000 transactions per second. According to reports, the system took onl...
23:21 2025-03-21
Golden Morning News | List of important developments overnight on March 2221:00-7:00 Keywords: SEC, a16z crypto, Tether, BlackRock IBIT
1. Hester Peirce: Cryptocurrency startups should be allowed to raise funds using NFTs.
2. Former SEC official John Reed Stark spoke out against regulatory reform at the Crypto Roundtable.
3. a16z crypto general counsel: SEC's current regulatory approach is not working;
4. Crypto VC Haun Ventures raises $1 billion for two new funds;
5. Tether is in talks with the Big Four accounting firms about reserve audits;
6. Zelensky: We are worki...
22:53 2025-03-21
Crypto Super PAC Network Will Support Florida Republican House CandidatesThe crypto industry-funded Super PAC network will support two Florida Republican candidates in the April 1 special election for the U.S. House of Representatives. The network includes Fairshake, Defend American Jobs, and Protect Progress. Among them, Defend American Jobs will place $1.20 million in advertising in support of Florida Senator Randy Fine. Fine once wrote on the X platform: "Floridians want to see crypto innovation" and called for a "clean...
21:34 2025-03-21
A16z crypto general counsel: SEC's current regulatory approach is not workingThe Securities Exchange Commission (SEC) recently hosted its first Crypto Working Group Roundtable at its Washington headquarters to discuss what has long been a central question - what makes an asset a security. The meeting marks a significant change in the SEC's approach to regulating the cryptocurrency industry, with what some crypto advocates have dubbed "regulation by law enforcement" likely to be coming to an end.
A16z crypto general counsel Miles Jennings said...
20:58 2025-03-21
Crypto VC Haun Ventures Raises $1 billion for Two New FundsCryptocurrency venture capital giant Haun Ventures has raised $1 billion for two new funds that will be split into two tranches, $500 million for early-stage project investments and $500 million for later-stage project investments.
20:39 2025-03-21
Perplexity AI is interested in acquiring TikTokArtificial intelligence company Perplexity AI announced its intention to take over TikTok U.S. business before the U.S. government ban takes effect, saying "Perplexity is uniquely positioned to rebuild TikTok algorithm without creating a monopoly." Currently, multiple buyers including Oracle, Microsoft, Walmart, and former Los Angeles Dodgers owner Frank McCourt and Roblox CEO Jesse Tinsley have also been rumored to be interested in buying TikTok.
20:03 2025-03-21
The three major U.S. stock indexes closed up slightlyThe three major indices of US stocks rose slightly, the Dow rose 0.07%, the Nasdaq rose 0.52%, the S & P 500 index rose 0.08%, most popular technology stocks rose, Tesla rose more than 5%, Apple and Meta rose more than 1%.
19:57 2025-03-21
Tether is in talks with Big Four accounting firms about reserve auditsTether, the world's largest stablecoin issuer, is in talks with a Big Four accounting firm to press ahead with its long-promised reserve audit. Tether, which has issued more than $140 billion worth of dollar-pegged cryptocurrencies, claims each token is backed by dollar-denominated assets and only publishes quarterly reports and has yet to complete a full audit. Paolo Ardoino, Tether's chief executive, did not disclose the firm or audit timeline under discussion, saying: "This [audit] is our hig...
