a16z backs EigenLayer with $70m token buy amid EigenCloud launch

a16z crypto, the digital assets arm of venture capital firm Andreessen Horowitz, has deepened its investment in EigenLayer with a new $70 million token acquisition, coinciding with the launch of the Ethereum restaking protocol’s developer platform, EigenCloud. On June 17,…...
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Thailand Approves Crypto Tax Break Until 2029

Deputy Finance Minister of Thailand, Chulaphan Amornvivat, took to X on 17 June 2025, to announce that the Thai government has approved Bitcoin and crypto gains to be exempted from taxation. The Thai Securities and Exchange Commission (SEC)  has approved the crypto tax break from 1 January 2025 to...
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Fairmint Urges the SEC to Adopt Blockchain Framework for Private Equity Markets

In a bid to modernise the private equity markets, Fairmint, an on-chain securities platform, has urged the US Securities and Exchange Commission (SEC) to adopt blockchain framework-based regulatory protocols. On 16 June 2025, Fairmint submitted a detailed seven-point proposal to the SEC’s crypto task force, highlighting the numerous ways...
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XRP Gets Another DeFi Boost Through Flare’s FAssets and FXRP, Messari Says

Flare Network is helping push XRP deeper into decentralized finance (DeFi) with FXRP — a fully collateralized, non-custodial representation of XRP on Songbird — and a growing suite of infrastructure now drawing interest from retail and institutional players alike, according to a Messari report. Flare validates off-chain data without...
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