Should blockchains be single-purpose? – Blockworks

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 “Nobody goes to the store to buy a Swiss Army knife. It’s something you get for Christmas.”

— Jensen Huang

Great businesses start as scalpels, not Swiss Army knives.

By choosing one thing to do, companies are more likely to get great at that one thing — and customers are more likely to know that’s the thing they do.

Here, for example, is Yahoo’s homepage, circa 1999:

There’s a lot going on there — search, auctions, news, email, instant messaging — and Yahoo wasn’t particularly good at any of it.

Here’s Google’s homepage, circa 1999:

It’s easy…

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What Happened With QMMM Stock Today? – QMMM Holdings (NASDAQ:QMMM)

QMMM Holdings Limited QMMM stock fell in Tuesday’s extended trading after ending the session up by more than 1700%. Here’s what to know.

QMMM skyrocketed today. Learn all about it here.

What To Know: Shares of QMMM blazed higher after the company announced it is launching a “crypto-autonomous ecosystem” that integrates AI and blockchain technology.

Read Next: Oracle Stock Soars Despite Missing Q1 Estimates: Here’s Why

The company said it plans to establish a cryptocurrency treasury with an initial size of $100 million, initially targeting Bitcoin BTC/USD, Ethereum ETH/USD and Solana SOL/USD.

QMMM said it will also create a decentralized data marketplace that will leverage…

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You Cannot Stop Bitcoin Metaprotocols

Bitcoin is a database. 

This is an inescapable technological reality. Money itself is simply a ledger, a record of who has what. Even physical cash is simply distributing that “database” in the real world. You no longer have to check against some central ledger to verify anything because the simple act of handing it to you is that process of verification. The “entries” in that ledger are passed around disconnected from some central record. Bitcoin is simply a digital database attempting to replicate the most important property of that physical one known as cash: not needing a database operator’s permission to spend your money. 

Imagine the futility of trying to stop…

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Metaplanet Raises $1.4 Billion To Expand Bitcoin Treasury In Upsized International Share Offering

Metaplanet Inc. (TSE Standard: 3350) has announced the successful pricing and upsizing of its international share offering, raising JPY 205 billion (~USD 1.4 billion) to fuel its ongoing Bitcoin-first treasury strategy.

The company confirmed that 385 million new shares will be issued at JPY 553 per share, generating a total issue price of JPY 212.9 billion. After deducting fees, the total amount paid in will reach JPY 205.3 billion, of which JPY 204.1 billion will be allocated directly to Bitcoin-related initiatives.

In a statement, CEO Simon Gerovich said: “Metaplanet has finalized its international offering, upsized from 180M underwritten to 385M shares. Total raise: JPY…

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Bitcoin Price Weekly Outlook: Analysts Flag Key Signals Ahead of Inflation Data

Bitcoin Magazine

Bitcoin Price Weekly Outlook: Analysts Flag Key Signals Ahead of Inflation Data

Bitcoin Price found support at the 21-day EMA last week, avoiding a deeper slide after closing at the prior week’s lows. Bulls managed to defend the $107,000 level, but momentum stalled just below resistance. From Wednesday through Friday, Bitcoin failed to close above $112,500 and ended the week at $111,162.

The inability to reclaim $112,500 highlighted a pause in the recent recovery. Still, holding above $107,000 has kept the bias slightly to the upside for now. Traders are closely watching whether this consolidation develops into a base or a continuation of the downtrend.

Key…

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LATEST: Vietnam Launches Five-Year Pilot Program To Regulate Crypto Trading Market

Vietnam’s government has approved a five-year pilot for cryptocurrency asset trading, signaling a major step toward regulating the booming digital asset market. The initiative will allow only Vietnamese companies to operate exchanges, with all transactions conducted in Vietnam dong. Issuance of crypto assets will be restricted to local firms, offered exclusively to foreign investors.

To qualify, potential exchange providers must hold at least 10 trillion dong ($379 million) in capital, with 65% contributed by institutional investors. Foreign ownership is capped at 49%. Vietnamese investors already holding crypto can continue trading, but after a six-month grace period following the first license, activity on unlicensed platforms will become illegal.

This policy marks a significant shift for a country that ranks among the top five globally for crypto adoption, with over 17 million holders. While Bitcoin and other cryptocurrencies remain outside legal tender, Vietnam is positioning blockchain and digital assets as key pillars of future economic growth.

Bloomberg

Gachapon on the blockchain is already a hundred-million dollar market

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In his work on the pre-800 AD Classic Maya economy, the historian Philip Curtin recounts a striking finding: Archaeologists measured the ratio of cutting length to weight in obsidian blades and discovered that the ratio varied inversely with distance from obsidian sources. 

The economist Deirdre McCloskey cites this as evidence that the human impulse toward exchange and profit-seeking gain has always existed.

“If Mayans lived in a gainless, profitless, nonmarket economy, it would not matter to them how expensive obsidian was. But…the ratio varied inversely with the distance from the…

Read more on Blockworks

Nasdaq lines up $50M investment in Gemini IPO

Nasdaq will invest $50 million in Gemini’s initial public offering, aligning the two firms ahead of the crypto exchange’s planned debut under the ticker GEMI, according to reports from Reuters and Bloomberg.

Founded by Cameron and Tyler Winklevoss, Gemini aims to raise up to $317 million in its listing at a target valuation of $2.2 billion, with Goldman Sachs and Citigroup acting as lead underwriters. The IPO would make Gemini the third publicly traded US crypto exchange, following Coinbase, which earlier this year joined the S&P 500, and Bullish.

The deal is structured as a private placement that extends beyond financing. Nasdaq’s clients will gain access to Gemini’s…

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Why The Democrats’ Latest Framework For Crypto Market Structure Could Hurt Financial Privacy

This morning, 12 Senate Democrats published a six-page framework for digital asset market structure legislation in which they outlined their plan to combat illicit finance while protecting users’ financial privacy.

The group of Democrats, which included Senate Banking ranking member Ruben Gallego (AZ), Kirsten Gillibrand (NY), and Catherine Cortez Masto (NV), stated in the first page of the document that digital assets legislation should be guided by certain values, include “protecting financial privacy while denying bad actors access to the financial system.”

In the fifth section of the framework, they outlined what this looks like.

The outline included the following…

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LATEST: CBOE To Launch Continuous Bitcoin And Ethereum Futures On November 10

Cboe Global Markets has revealed plans to launch Bitcoin and Ether Continuous futures on its Cboe Futures Exchange starting November 10, 2025, pending regulatory approval. The move marks a major step toward expanding access to digital asset derivatives in a regulated U.S. market.

Unlike traditional futures, these contracts will feature a 10-year expiration, eliminating the need for frequent rollovers. They will be cash-settled and tied to real-time spot prices through transparent daily adjustments. This structure is designed to simplify position management while offering traders a more efficient way to gain long-term crypto exposure.

Catherine Clay, Global Head of Derivatives at Cboe, emphasized that perpetual-style futures have been widely adopted overseas, and now U.S. traders will have access within a trusted, centrally cleared framework. The launch underscores Cboe’s strategy to grow its product suite beyond VIX futures, strengthening its role in shaping the future of crypto derivatives trading.

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