
x.com
Circle CEO Jeremy Allaire revealed that the company is developing its native network Arc, currently in testnet, and considering a native token for governance and incentives. The long-term plan includes transitioning to a PoS model for economic alignment.
LATEST NEWS

Decrypt
Bragar Eagel & Squire, P.C. is investigating potential legal claims against Semler Scientific for possible violations of federal securities laws. The U.S. Department of Justice has been looking into Semler's reimbursement claims since 2017, with recent failed attempts to settle the matter.

Decrypt
Off the Grid is transitioning players to the GUNZ mainnet, where in-game items can be traded for GUN tokens. Despite only 0.13% of players being able to trade, the marketplace is active with NFT-based game items selling for thousands of dollars.

Decrypt
A Solana meme coin was launched during a Trump crypto gala dinner, but failed to gain traction, reaching a market cap of $450,000 before crashing. The deployer, a top TRUMP holder, faced criticism for controlling 10% of the supply and mishandling token transfers.

DL News
BlackRock's IBIT exchange-traded fund saw record trading volume of $5.2 billion, with $877 million inflows on Thursday. Bitcoin's surge to $111,807 propelled the fund to the top spot, accumulating $45 billion over its lifetime.

Decrypt
Altcoin prices dropped following U.S. President Trump's tariff threats on the EU and Apple, with Ethereum down 4.1% to $2,550, XRP and Dogecoin falling 3.6% to $2.35 and $0.23, and Solana dipping 0.8% to $177. Trump's trade conflict warnings impacted various markets, including crypto and gold.

Decrypt
Trung Nguyen of Danvers, Massachusetts, operated an unlicensed money transmitting business, converting over $1 million into crypto for scammers and a drug dealer. He used encrypted messaging apps and split cash deposits to conceal his illegal activities, leading to a six-year prison sentence.

Decrypt
Bitcoin surged to a new all-time high of over $111,000 before President Trump's tariff announcement, causing a 1.8% drop. Analysts debated the rally's uniqueness, citing institutional support and reduced leverage. Ethereum and XRP also experienced price declines.

DL News
Six crypto projects received a total of $214 million in funding this week, with A16z crypto leading the investment in Catena Labs. The industry is projected to raise $18 billion this year, showing significant growth in venture capital investments.

Decrypt
Operation RapTor, a global law enforcement initiative, led to the arrest of 270 individuals and the seizure of $200 million in cash and digital assets across 10 countries. The operation targeted darknet drug networks involved in the trafficking of opioids and marked the largest seizure under the J-CODE initiative.

Decrypt
Over a hundred protestors gathered outside Trump National Golf Club in Virginia as President Trump hosted a private dinner for top $TRUMP cryptocurrency holders. Advocacy groups organized the protest, denouncing the event as political influence for sale. The backlash highlights concerns over Trump's involvement in digital assets.