Bitcoin Dev Demands Blockstream CEO Resign Over Epstein Links

A prominent Bitcoin Core developer has called for Blockstream CEO Adam Back to step down following newly released documents linking Jeffrey Epstein to cryptocurrency figures. The files reveal Epstein had financial ties to Blockstream and Coinbase during their early years. The revelations have reignited longstanding tensions within Bitcoin’s development community and cast a shadow over the sector’s formative relationships.

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Epstein’s $3M Coinbase Investment Revealed in DOJ Emails

A trove of emails released by the U.S. Justice Department has revealed that convicted sex offender Jeffrey Epstein invested $3 million in cryptocurrency exchange Coinbase in 2014, with correspondence indicating co-founder Fred Ehrsam was personally aware the funds originated from the financier. The deal, arranged by Tether co-founder Brock Pierce and his venture firm Blockchain Capital at a $400 million valuation, exposes early, high-level connections between a notorious figure and a pillar of the crypto industry, raising significant questions about due diligence and governance during the sector’s formative years.

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RedotPay Raises $107M Series B to Expand Stablecoin Payments

Hong Kong-based fintech RedotPay has secured a landmark $107 million in Series B funding, bringing its total capital raised in 2025 to $194 million. Led by Goodwater Capital with participation from top-tier crypto venture firms, this substantial investment signals robust institutional confidence in stablecoin infrastructure for real-world financial applications. The capital injection is earmarked for aggressive expansion, including market entry, strategic acquisitions, and product development, positioning RedotPay at the forefront of the convergence between digital assets and mainstream payments.

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RISE Acquires BSX Labs to Build Integrated Onchain Orderbooks

In a strategic move that signals the accelerating convergence of traditional and decentralized finance, RISE has acquired BSX Labs, the team behind the BSX perpetuals exchange on Base network. The acquisition brings expertise from handling over $15 billion in trading volume and positions RISE to develop the first integrated onchain orderbooks that combine synchronous composability with traditional market compatibility. BSX token holders will receive a 1.5% allocation of RISE’s upcoming native token through an airdrop, marking a significant transition for the BSX community.

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ICE Invests $2B in Polymarket at $9B Valuation

Intercontinental Exchange, owner of the New York Stock Exchange, has made a landmark $2 billion investment in prediction market platform Polymarket at a $9 billion valuation, marking the largest single investment in the sector and signaling institutional validation for prediction markets as crypto’s next frontier. The deal positions the emerging sector for mainstream adoption through NYSE infrastructure and global data distribution, following recent regulatory clearance that has already fueled explosive market growth.

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Psy Protocol Testnet Launches with Million-TPS Blockchain

Psy Protocol has launched its public testnet, introducing a revolutionary blockchain architecture that promises internet-scale throughput while maintaining Bitcoin-level security. The protocol demonstrates million-TPS capacity in internal benchmarks, addressing one of blockchain’s most persistent limitations and potentially enabling fully on-chain versions of platforms like Amazon and eBay to compete with their centralized counterparts.

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Jack Lu’s BounceBit Merges Bitcoin Safety with DeFi Flexibility

Jack Lu’s BounceBit is pioneering a hybrid CeDeFi model that combines Bitcoin’s security with DeFi’s flexibility, targeting investors hesitant about fully decentralized systems. The platform uses a dual-token system (BTC and BB) and offers innovative strategies like spot-futures arbitrage, yielding up to 30% annual returns. BounceBit has already drawn $400 million in investments and expanded into tokenizing real-world assets, such as US government bonds. Lu’s approach appeals to both crypto natives and traditional investors, though challenges like regulatory uncertainty and technical risks remain. With backing from major VCs and a derivatives platform offering 200x leverage, BounceBit is positioning itself as a key player in the evolving crypto-finance landscape.

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OneBalance Secures $20M to Simplify Cross-Chain Crypto UX

OneBalance, a developer platform for multichain applications, has secured $20 million in Series A funding to address the fragmented user experience (UX) in crypto. The investment, led by cyber•Fund and Blockchain Capital with participation from Bybit’s Mirana Ventures and L2IV, will support the launch of OneBalance’s Toolkit. This technology enables one-click cross-chain transactions, eliminating the need for users to manage bridging or gas tokens. Founded by ex-Coinbase engineers and Flashbots contributors, OneBalance aims to boost app conversions by streamlining DeFi interactions.

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Worldcoin Revolutionizes Digital Landscape with Strategic Partnerships and Future Plans

Worldcoin (WLD) is making waves in the digital landscape with a current market cap of $843 million and a price of $2.93. Recent developments include the launch of an ID verification app, partnerships with major companies like Airbnb and Uber, and a significant 20% of WLD supply burned.Looking ahead, the project plans to introduce a debit card in Q3 2024 and expand its global ID verification network, with price projections ranging from a conservative estimate of $5.50 to an optimistic $15.00. Security measures include custom-built technology and regular audits to ensure fund protection.

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