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Polygon-backed, high-yield blockchain launches for institutional adoption

The Katana Foundation, a nonprofit focused on decentralized finance (DeFi) development, is launching its private mainnet, aiming to unlock greater crypto asset productivity via deeper liquidity and higher yields for users. The Katana Foundation launched a DeFi-optimized, private blockchain, Katana, on May 28, incubated by GSR Markets and Polygon Labs, with the public mainnet launch…

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Bitcoin’s physical infrastructure is the industry’s most overlooked asset

Opinion by: Scott Buchanan, chief operating officer of Bitcoin Depot A new proposal to install Bitcoin ATMs in federal buildings highlights an important question: Can crypto truly go mainstream without a stronger physical presence? For years, the industry has focused on software and decentralization, but its reluctance to invest in real-world infrastructure is starting to…

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NPR sues Trump administration over order to defund public broadcasters

Public radio network claims the White House’s move was ‘textbook retaliation’

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Trump media group to raise $2.5bn to build ‘bitcoin treasury’

Trump Media & Technology Group to sell stock and convertible bonds to purchase crypto tokens

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ZKPs can prove I'm old enough without telling you my age

Opinion by: Andre Omietanski, General Counsel, and Amal Ibraymi, Legal Counsel at Aztec Labs What if you could prove you're over 18, without revealing your birthday, name, or anything else at all? Zero-knowledge proofs (ZKPs) make this hypothetical a reality and solve one of the key challenges online: verifying age without sacrificing privacy.  The need…

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Is XRP price going to crash again?

Key points: XRP derivatives markets turn bearish amid reducing institutional demand, suggesting further downside for XRP price. XRP’s descending triangle breakout could lead to a decline toward $1.96. XRP (XRP) has rebounded by more than 45% since April 7 lows to trade at $2.31 on May 27. But the price remains 31% below…

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SharpLink launches Ethereum treasury, taps Joe Lubin as board chair

Betting platform SharpLink Gaming has launched an Ethereum-based corporate treasury strategy and nominated Ethereum co-founder Joseph Lubin as chairman of its board of directors, the company announced May 27. According to the announcement, SharpLink Gaming, a publicly traded company on Nasdaq, entered into a securities purchase agreement for a private investment in public equity worth…

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Fitch Ratings says Australia’s banks’ results show resilience

Fitch Ratings' says Australia's banks' results show resilience and support their current ratings. In brief: expect earnings headwinds to continue for Australian banks in 2025 earnings are likely to be broadly stable net interest margins (NIM) are likely to contract further in 2025 and 2026 as interest rates are cut .. the impact should be…

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Bank of England Wednesday – two Pills and a Baileys

The times below are in GMT/US Eastern time format. Bank of England Chief Economist Huw Pill appears twice, Bank of England Governor Andrew Bailey later. 0845/0445 Bank of England Chief Economist Huw Pill delivers speech at London School of Economics 1000/0600 Bank of England Chief Economist Huw Pill takes part in a panel discussion on economic policy…

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Chinese internet giant Baidu preparing to test driverless ride-hailing service in Europe

Wall Street Journal with the report, gated, citing people familiar with the matter. In brief: Baidu is preparing to test its driverless ride-hailing service, Apollo Go, in Europe for the first time. Baidu is in talks with Switzerland’s PostAuto to launch Apollo Go and plans to launch in Turkey amid rising domestic competition. Autonomous-driving…

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