In June, Sophon’s developers said the costs of maintaining a standalone blockchain no longer justified its benefits and announced plans to focus on consumer finance and AI applications on Base.
This is the summary Cointelegraph publishes in its feed. The full article lives on their site.
BlackRock’s IBIT led the gains with $665.2 million in inflows, offsetting withdrawals from Fidelity and Grayscale, while other funds recorded no net flows.
The restrictions extend earlier bans within US defense and security agencies, amid concerns that DeepSeek could expose federal information to China.
“A return to last year’s indiscriminate capital raising looks unlikely,” said Bitfinex head of derivatives Jag Kooner.
The former medical device maker has liquidated its Solana treasury and is offering to repurchase shares and warrants using its $223.8 million cash holdings.
A Fairshake affiliate is supporting incumbent Aisha Wahab through ads in November, but the congresswoman already won a special election in the district.
The financial agency is scheduled to close public comments on its ‘Regulation Crypto Assets’ proposed in August.
