Ethereum-based gaming network Xai has filed a lawsuit against Elon Musk’s artificial intelligence company xAI, accusing it of trademark infringement and unfair competition — Cointelegraph
Grayscale Investments has submitted an SEC S-1 registration statement to launch the Grayscale Avalanche Trust (AVAX) — SEC
Strategy has acquired 3,081 BTC for ~$356.9 million at ~$115,829 per Bitcoin — Twitter
Anchorage Digital launches venture unit to back early-stage onchain protocols — The Block
Former Bitmain execs to launch BNB treasury firm with YZi Labs backing, targets $1 billion raise — The Block
Pantera plans to raise up to $1.25 billion to transform a publicly traded company into a Solana investment firm — The Information
Eclipse Labs cuts 65% of staff, names Sydney Huang as new CEO in post-TGE pivot — The Block
YZi Labs invests in USD AI to scale AI infrastructure with yield-bearing stablecoin — Twitter
MetaMask adds Social Login, letting users create and recover wallets with Google or Apple accounts — MetaMask
Google Cloud has announced the launch of its L1 blockchain, GCUL, which simplifies cross-border payments and asset settlements through a distributed ledger — Google Cloud
CoinList has introduced CoinList Alpha, a private portal for accredited investors to access curated deals — Twitter
Upbit has announced the listing of Treehouse (TREE) trading pairs with KRW, BTC, and USDT — Upbit
Polymarket team members launched The Clearing Company, aiming to build regulated onchain prediction markets — Blockworks
The Sandbox founders are stepping down amid a 50% workforce reduction, with Robby Yung appointed as the new CEO — Twitter
Chainlink and Pyth Network partners with the U.S. Department of Commerce to bring macroeconomic data onchain — Chainlink
CFTC to create pathway for US citizens to trade on offshore exchanges such as Binance, Bybit and OKX — CFTC
Ryan Gentry, ex-Lightning Labs business lead, filed a $200M SPAC Bitcoin Infrastructure Acquisition Corp (BIXIU) to list on Nasdaq — Cointelegraph