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U.S. President Trump has approved the demolition of the White House East Wing to build a large banquet hall funded by private donors, including Trump himself and several companies from the technology, defense, and crypto industries. This move has sparked controversy and criticism for allegedly using power to raise funds. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved by the Mars AI model.
The Federal Reserve has cut interest rates by another 25 basis points and announced the end of quantitative tightening in December. During the press conference, Powell emphasized the necessity of "slowing the pace of rate cuts," prompting the market to quickly adjust its expectations and causing risk assets to decline across the board.
This amount is nearly twice the maximum SPAC Fairshake invested in 2024, and slightly exceeds the total spending of the entire oil and gas industry in the previous election cycle.
Learn how the BlockDAG founder promotes open standards through EIP-4337 support, modular tooling, and transparent documentation, key strategies attracting developers to build on the platform.Defining Leadership & Ownership in Developer GovernanceOpen Documentation as a Policy, Not an Add-OnIntegration with EIP-4337 and Ethereum-Compatible ToolingModular Design and Plug-In ArchitectureGovernance That Supports the Developer, Not Just the Chain
The Ethereum Foundation launches a portal to guide enterprises through Ethereum's DeFi, privacy tech, Layer 2s, and staking ecosystem.Privacy Technologies and Layer 2 Solutions Take Center StageStaking, DeFi, and Real-World Asset Integration
- 23:41Fidelity submits S-1 update for its SOL ETFAccording to ChainCatcher, as reported by crypto journalist Eleanor Terrett, Fidelity has just submitted an updated S-1 for its SOL ETF, removing the "delaying amendment" that prevented automatic registration from taking effect and granting the SEC control over the timing. This modification follows the example set by the already-listed Bitwise SOL ETF.
- 23:22Mastercard plans to acquire crypto infrastructure startup Zerohash for up to $2 billion.According to ChainCatcher, Mastercard is planning to acquire Chicago-based crypto and stablecoin infrastructure startup Zerohash for up to $2 billion. This acquisition will further extend Mastercard's crypto business into the stablecoin and tokenization infrastructure sectors.
- 22:59Securitize partners with BNY to launch tokenized credit fund on EthereumJinse Finance reported that Securitize has launched the “Tokenized AAA CLO Fund” (STAC), providing investors with on-chain exposure to AAA-rated Collateralized Loan Obligations (CLOs) via Ethereum. BNY provides custody and fund services, and Grove, the on-chain capital allocation arm of DeFi protocol Sky, plans to invest $100 million as a cornerstone investment. The fund aims to improve accessibility and settlement efficiency for CLO investments, while also promoting the development of the real-world asset tokenization market. Securitize also plans to go public soon through a merger with Cantor Fitzgerald SPAC.