BlackRock, Strategy and Coinbase Launch $15M Bitcoin Security Consortium to Counter Quantum Threats

The number of U.S. merchants accepting Bitcoin has tripled over the past year, driven by businesses seeking alternatives to traditional credit card processing fees through layer-2 settlement rails. U.S. merchant Bitcoin acceptance tripled as retailers look to lower payment processing overhead. Lightning Network transactions allow businesses to bypass standard 2% to 3% credit card interchange fees for costs under a penny. Global retail Bitcoin us…

Robinhood Chain recorded 323,969 daily active users on July 21, surpassing Coinbase-incubated Layer-2 Base’s 274,520 users. Total value locked (TVL) on the network surged to $588.9 million, driven by strong inflows into lending protocols like Morpho and Ethena. Memecoin trading accounted for the bulk of spot DEX volume, despite the chain’s core focus on tokenized real-world assets and stock tokens. Robinhood Chain has overtaken Coinbase’s Ba…

Coinbase CEO Brian Armstrong confirmed that the CLARITY Act is ready for a full U.S. Senate floor vote following extensive bipartisan negotiations. The revised market structure legislation incorporates key compromises on stablecoin rewards, non-custodial developer protections, and regulatory oversight split between the SEC and CFTC. Key amendments include strict ethics rules prohibiting federal officials, including the U.S. President, from iss…