Last Friday, Rep. Gary Palmer (R-AL) introduced a resolution to rescind Treasury's final rule establishing tax reporting requirements for certain custodial digital asset brokers. Senator Ted Budd (R-NC) also recently…
Fundraising volume increased 72.9% MoM to $1.44 billion despite a 8.3% MoM decrease in deal count to 177. The most notable deals included Sentient ($85 million), ID Planet ($80 million),…
Key Insights Immutable Checkout The full distribution breakdown is as follows: With Immutable’s continued focus on developing the Immutable zkEVM, users and developers are following en masse. As a result,…
The price of XRP, the native token of the XRP Ledger, has recently seen a surge of over 20% to surpass the $0.6 level amid a wider cryptocurrency market recovery,…
Key Insights Financial Overview Market Cap and Revenue After an outperformance during Q1, FTM cooled off in Q2 alongside the broader crypto market. The circulating market cap decreased 41% QoQ…
Key Insights In V1, the off-network infrastructure consisted of Oracles and Relayers for verifying and executing messages. However, connecting networks with different execution and consensus mechanisms (e.g., Solana and Ethereum)…
Key Insights Research Contents 0x API volume declined in Q2 after two previous quarters of growth, falling to $5.3 billion, down 18% QoQ. While all categories declined in volume in…
