1.GENIUS Act Passed by the U.S. Senate: What Impact Will It Have on the Crypto Industry
On Tuesday, the U.S. Senate passed the landmark GENIUS Act, which boosted the U.S. federal government's regulatory efforts on stablecoins and put pressure on the House of Representatives to plan the next phase of the country's regulatory efforts on digital assets. This is the first time the Senate has passed important cryptocurrency legislation. Republican Senator Bill Hagerty, the sponsor of the GENIUS Act, thanked some of his fellow senators for their support before the formal vote. Next, the House of Representatives needs to decide how to move forward. It is unclear whether the stablecoin bill can get enough support to pass in the House of Representatives, as the Republican majority in the House of Representatives is also slightly higher than that of the Democrats. Click to read
2. Bitwise: What is fiat currency? Why are people rushing to buy gold and BTC?
The world is beginning to realize the madness of the fiat currency experiment. Legendary writer David Foster Wallace opened his 2005 Kenyon College graduation speech with a fable. Click to read
3.Bankless: How the GENIUS Act shakes the throne of Tether
The United States' "GENIUS Stablecoin Act" is expected to usher in a new era for the crypto industry, but this new legislation will also bring opportunities and challenges to the current largest issuer of crypto dollars. The bill has passed the Senate vote and will be submitted to the House of Representatives for deliberation. If the bill is passed by the House of Representatives without modification, it will then be sent to President Trump for signature and implementation! Click to read
4. Received $70 million from a16z to lead the investment. Understand what EigenCloud is in one article
Congratulations to the EigenLayer team for officially launching EigenCloud! In many ways, this is the holy grail of the perfect fusion of on-chain and off-chain computing paradigms. This article will specifically study its core essentials, let's take a look. Click to read
5. Using TRX as collateral Will Tron's hopes on Wall Street be dashed?
Justin Sun's Tron is about to challenge what Wall Street considers legitimate corporate assets, and if it fails under pressure, the impact could go far beyond the company itself.