Qubic, led by IOTA’s Sergey Ivancheglo, now controls 27% of Monero’s hashrate (up from <2% in May) with its “useful PoW.” This surge sparked decentralization & security worries in the Monero community. Qubic calls it a demo & will halt hashrate reporting Aug 2 due to 51% attack risks. - The Block #crypto #blockchain #news

Deribit's Summer Chase 2025 trading volume topped $10B! 🚀 Launched in Nov '23 with $1B, the competition (including a collab with SignalPlus) shows huge platform growth. #Deribit #crypto #options #blockchain #news

PayPal will soon enable U.S. merchants to accept over 100 cryptocurrencies, including those from Coinbase and MetaMask, as payment. The company announced it will settle these transactions in either stablecoins or fiat currency in the coming weeks. #crypto #blockchain #news

Nasdaq’s Liminatus Pharma (LIMN) plans a subsidiary, “American BNB Strategy,” to invest up to $500M in BNB assets. Still pending board approval & funding, it won’t impact their cancer immunotherapy focus. #BNB #crypto #investment #blockchain #news

Nano Labs now holds 128K BNB (~$108M), averaging $713/BNB. Recent OTC buy of 8K BNB at $801. They plan to increase reserves via further purchases & BNB-related investments. #BNB #NanoLabs #crypto #blockchain #news

FDUSD stablecoin now live on The Open Network (TON)! 🚀 Following integrations with Ethereum, BNB Chain, Sui & Solana, this expands liquidity & supports apps like TONCO DEX & popular wallets. #FDUSD #TON #stablecoin #crypto #blockchain #news