The Block
A Bitcoin address that contained around 749 BTC ($53.2 million) has woken up after being dormant for almost 12 years.The Bitcoin address last sent funds on Nov. 10, 2012, when its balance was worth just $8,000.
Quick Take Sonnenshein will work alongside Securitize CEO Carlos Domingo to pinpoint capital market inefficiencies and to better understand how investors engage with tokenized products.
Quick Take Of the 39,148 new developers that entered crypto this year, 7,625 built on Solana, representing an 83% jump in year-over-year growth. However, Ethereum remains the top blockchain by developer share, with Solana following second.
Quick Take Texas Republican Rep. Giovanni Capriglione said he filed that bill, House Bill 1598, during an X space on Thursday hosted by the Satoshi Act Fund, a bitcoin mining advocacy group. Ahead of elections in November, President-elect Donald Trump vowed to create a strategic bitcoin reserve.
Quick Take Rising Polymarket odds of a Republican sweep in next week’s U.S. elections could pave the way for passing a series of crypto-related bills, analysts at Presto said. However, others have questioned the reliability of prediction market platforms, given their divergence compared to traditional polling.
Quick Take DWF Labs says it has removed one of its partners following allegations of drink spiking. The company has removed Eugene Ng, a founding partner, from its team page.
Quick Take Paxos’ CEO sent a letter to presidential candidates Kamala Harris and Donald Trump on Tuesday. The CEO also criticized the current regulatory environment for crypto, calling it an “inhospitable place for financial innovation.”
Quick Take Glif, the largest DeFi protocol on Filecoin, is introducing its native token. A total of 100 million GLIF tokens will be airdropped to users.
Quick Take dYdX Trading has laid off 35% of its staff, according to a company blog. CEO Antonio Juliano recently rejoined the firm after a six-month sabbatical.
