Republicans voted to pick crypto-friendly French Hill as chair of the pivotal U.S. House Financial Services Committee, which is likely to be the starting line for digital asset bills in the new year.
BlackRock recommends bitcoin allocation of up to 2% in multi-asset portfolios
Blockchain Capital’s Tokenized Fund Upgrades to ZKsync
Blockchain Capital (BCAP) announced upgrades to its innovative tokenized venture fund, which underscores its commitment to decentralization and efficiency in venture capital investing. As part of the upgrades, the fund will be offering dividend payments to investors and will be migrating fully to ZKsync.
Blockchain Capital will distribute to the fund’s token holders $0.25 per token in USDC. The dividend payout is expected on January 28, 2025. This dividend represents a return of 25% of the original purchase price of $1 per fund token in the initial token offering in April 2017.
zksync.mirror.xyz/u4gbIGhF3tCS2qxiqgcuQoGib11bF8MwDUJ4mnNFV-g
zksync.mirror.xyz/u4gbIGhF3tCS2qxiqgcuQoGib11bF8MwDUJ4mnNFV-g
Ethereum ecosystem developer Max Resnick was moving into Solana's orbit
"There's just so much more possibility and potential energy in Solana," Resnick said in an interview with CoinDesk. He framed the decision as rooted in his own career path, but noted "frustration" with Ethereum's inability to adapt contributed to the move.
He criticized a culture of ossification that gets in the way of progress. Ethereum lacks a streamlined process for making quick changes.
www.coindesk.com/tech/2024/12/09/ethereum-dev-max-resnick-defects-to-solana-citing-frustration
Riot Platforms Announces Proposed Private Offering of $500 Million of Convertible Senior Notes
Czech Republic passes three-year crypto tax break to retain ‘high-value’ investments
www.dlnews.com/articles/markets/czech-republic-passes-crypto-tax-break-to-retain-investments/
www.dlnews.com/articles/markets/czech-republic-passes-crypto-tax-break-to-retain-investments/
Samuel Armes, President of the Florida Blockchain Business Association (FBBA), is confident that Florida “has a very good chance of creating a strategic Bitcoin reserve” during the upcoming legislative session, which begins in the first quarter of 2025.
www.thestreet.com/crypto/policy/florida-could-launch-strategic-bitcoin-reserve-by-q1-2025
Donald Trump officially nominates pro-Bitcoin and crypto Paul Atkins as next SEC Chair
truthsocial.com/realDonaldTrump.phaver/posts/113595807734621827
x.com/bitcoinmagazine/status/1864367383571243480
Bitcoin mining firm Foundry has implemented a job cut that impacted as many as 60% of its workforce.
According to a Blockspace report citing anonymous sources, the firm’s layoff exercise spanned staff in the United States and international offices. With a staff strength of 250, the number of employees left is now just about 80 to 90.
coingape.com/dcg-backed-bitcoin-miner-foundry-cuts-60-of-workforce-report/
Coinbase is integrating Apple Pay into its fiat-to-crypto onramp solution formerly known as Coinbase Pay.
www.theblock.co/post/329084/coinbases-fiat-to-crypto-onramp-to-integrate-apple-pay