Author | Wu Blockchain
Top 10 News of the Week
1. Bitcoin Reaches New Historic High, Crypto Total Market Cap Exceeds $4 Trillion link
Bitcoin reached a new historic high on Tuesday, touching $123,226, and was priced at $118,547.1 at the time of writing, with a 24-hour increase of 0.13%.
The total crypto market cap has exceeded $4 trillion, with BTC accounting for 59.9% and ETH accounting for 10.8%.
Additionally, XRP broke through $3.6, with a market cap over $210 billion, becoming the third-highest market cap cryptocurrency. Notably, on Upbit, the largest exchange in South Korea, XRP/KRW trading volume in the past 24 hours reached $2.2 billion, accounting for about 33% of the platform's total.
2. Ethereum Fever Peaks link
[The rest of the translation follows the same professional and precise approach, maintaining the specified translations for specific terms]9. Bitcoin Proposal Suggests Freezing Satoshi and Other Quantum-Vulnerable Bitcoins link
Casa co-founder and CTO Jameson Lopp, along with five other developers, proposed a Bitcoin improvement proposal to address quantum computing threats, suggesting a gradual phase-out of address types currently considered "quantum vulnerable". The proposal advocates for an incentive mechanism to encourage users to migrate to post-quantum secure addresses, with future plans to prohibit transfers to old addresses and restrict their spending within five years. The proposal notes that approximately 25% of Bitcoin is currently at risk, including 1 million BTC believed to belong to Satoshi.
10. Mastercard: Stablecoins Still Struggle to Become Mainstream Payment Tool link
Mastercard's Chief Product Officer Jorn Lambert stated that despite stablecoins' technical advantages of high speed and low cost, they still face challenges in user experience and channel coverage for daily payments, with approximately 90% of stablecoin transactions still concentrated in crypto asset trading. Lambert emphasized that technology alone is insufficient to support their widespread use as a payment tool. Mastercard is positioning itself as a bridge between traditional finance and digital assets, collaborating with institutions like Paxos to support various stablecoins, including USDC and PYUSD, and plans to provide infrastructure for scalable stablecoin applications through its global merchant network and security compliance capabilities.
Key Funding Events
- Zerohash plans to raise $100 million at nearly $10 billion valuation, led by Interactive Brokers link
- Stablecoin bank Dakota announces $12.5 million Series A funding, led by CoinFund link
- Spiko announces $22 million Series A funding, led by Index Ventures link
- Decentralized messaging protocol XMTP core development team Ephemera completes $20 million Series B funding link
- Stablecoin payment service platform KUN completes Series A funding, with BAI Capital participating link
- Function completes $10 million seed round, led by Galaxy Digital link
- Istanbul game studio Circle Games completes $7.25 million seed funding link
- Gaming social platform Remix completes $5 million seed funding link
- Blockskye announces $15.8 million Series C funding link
- W3 io announces $7 million seed funding link
- DV8 announces first round of funding of 241 million Thai baht link
For more industry funding events, please visit crypto-fundraising.info.
