The biggest deal this week wasn’t a venture capital raise. Instead, it was the announcement that Stripe is buying stablecoin platform Bridge for $1.1 billion. There’s been a lot written about the deal and what it means, and we wrote about it from numerous angles here at Blockworks focusing on the Solana impact, what it
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The co-CEO and chief technology officer of crypto market maker GSR have exited the firm, the company revealed this week. Rich Rosenblum, who co-founded the company more than a decade ago, has stepped down “to pursue entrepreneurial opportunities,” GSR said in a Wednesday X post. “His visionary leadership and innovative approach have played a pivotal
MetalCore is making a move from the Immutable zkEVM chain to Solana. Currently in closed beta, MetalCore is a futuristic shooter game involving tactical warfare on vehicular combat with prehistoric monsters in a post-apocalyptic world. MetalCore is developed by Studio369. The team will be leveraging Solana Lab’s GameShift platform that offers a marketplace with integrated
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe . We already know MicroStrategy loves bitcoin. How about Microsoft? To catch you up, a Thursday filing showed a proposal the National Center for Public Policy Research intends to submit for consideration at Microsoft’s annual meeting. It notes a corporation’s “fiduciary
Nova Labs, the company behind the Helium Mobile cell network, undertook a significant round of layoffs at the end of August, three people with knowledge of the matter told Blockworks. Nova Labs Chief Operating Officer Frank Mong confirmed to Blockworks that 36% of the company was let go. One person familiar with the situation cast
This is a segment from the Lightspeed newsletter. To read full editions, subscribe . Solana could be seeing a substantial change in who benefits from the blockchain being built. A proposal from Jito’s DAO would send 3% of all maximal extractible value (MEV) tips collected by the protocol to the DAO treasury and to TipRouter
This is a segment from the 0xResearch newsletter. To read full editions, subscribe . Uniswap and Across announced a partnership yesterday to power permissionless cross-chain swaps for the former. With the rapid sprout of L2 rollups in recent years, trading cross-chain has proven increasingly frustrating as users have to manually bridge assets to different chains
This is a segment from the Empire newsletter. To read full editions, s ubscribe. Thanks to the success of GOAT, there’s a new trend in town: AI memecoins. Whether it’s a lasting trend is still up in the air — and you could argue that it’s far too soon even to debate this topic —
The internet is built on a fragile foundation of trust assumptions — and it’s breaking. Every time we browse the web, make online purchases or share personal information, we rely on unspoken assumptions about how platforms manage our data and ensure our security. But trust assumptions are inherently flawed. A trustless internet, grounded in decentralized
Binance has BNB Chain, Coinbase has Base, OKX has the X Layer and now Kraken has Ink. Kraken announced today its plans to launch its own Ethereum layer-2 network, Ink, expected to go live on mainnet in early 2025. Ink uses Optimism’s OP Stack, and will be part of Optimism’s constellation of blockchains, dubbed the