UnchainedCrypto

Félix, the WhatsApp remittance service for Latinos in the United States, said Tuesday it raised $200 million in new financing: $87 million in equity led by Andreessen Horowitz, which announced the investment the same day, and a $113 million credit facility from General Catalyst’s Customer Value

The Securities and Exchange Commission proposed on Tuesday to overhaul the rules governing registered transfer agents, the firms that maintain the official record of who owns a company’s shares, writing blockchain-based recordkeeping into that framework for the first time. It would be the first

G20 finance ministers and central bank governors committed to clearer rules for digital assets at the close of a two-day meeting in Asheville, North Carolina, on Tuesday, framing the sector as a source of growth. The Chair’s statement said the group would advance supervisory frameworks that

Swan is building a custody product that splits a client’s bitcoin across three separate companies, with the client holding no key at all, founder and chief executive Cory Klippsten said on Monday’s episode of Unchained.
“We’re doing it now, so we will actually have that out hopefully by Q4. It’s

Bitcoin has dipped below $66,000 after climbing as much as 2.5% to trade just shy of $67,000 on Tuesday for the first time since mid-June amid optimism around the Clarity Act and AI.
The move mirrors a broader market correction as investors await Alphabet’s earnings today.
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Balaji Srinivasan is opening his Network School in Kazakhstan after Malaysian authorities revoked the license of his Forest City community and ordered it to shut down.
The former Coinbase chief technology officer announced Tuesday that Network School had signed a memorandum of understanding with th

Trump’s longtime teleprompter operator allegedly used his advance knowledge of the president’s speeches to win more than $100,000 on the prediction market Kalshi, according to ABC News, citing sources familiar with a federal investigation on the matter. Gabriel Perez, a technical assistant to the pr

Crypto.com has said it has received a $400 million investment from Citadel Securities at a $20 billion valuation.
The investment marks Crypto.com’s first institutional funding round, the exchange said in a statement Thursday.
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This story is an excerpt from the Unchained Daily

Aave has deployed Aave V4, the newest version of its lending protocol, on Avalanche. This is the first time the software has run on a blockchain other than Ethereum.
The rollout extends Aave’s Hub and Spoke architecture, the redesign that launched on Ethereum in March, to a network where Aave’s

Strategy says it raised $466.7 million last week by selling common stock and funneled all of it into cash, lifting its US dollar reserve to $3 billion and passing on a Bitcoin purchase for the third consecutive week.
The company sold about 4.8 million MSTR shares between July 6 and July 12 and

Bolivia is considering whether to bring Tether’s USDT into its national payments system, letting the stablecoin circulate alongside the boliviano and the US dollar. It would be a striking reversal for a country that outlawed crypto transactions until 2024.
Economy and Public Finance Minister José

Strategy founder Michael Saylor and Blockstream co-founder Adam Back have come out against BIP-110, a proposal to temporarily restrict non-financial data such as NFTs and similar data on the network, weeks before an activation deadline it is on track to miss entirely.
Saylor said in a Saturday

A revised version of the crypto market structure bill could emerge as soon as next week, giving the long-stalled effort a final chance at Senate action before Congress breaks for summer, according to CoinDesk.
Lawmakers have merged the texts from the Senate Banking and Agriculture committees into a