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The U.S. Senate has voted to pass the GENIUS Stablecoin Act, pending review by the House of Representatives.

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JPMorgan is piloting the JPMD deposit token on the Base chain.

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The decentralized AI project Gradient has completed a $10 million seed round financing, led by Pantera and Multicoin.

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Elon Musk's xAI is in discussions to raise $4.3 billion through equity financing.

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SEigen Labs has launched EigenCloud, securing a $70 million investment from a16z crypto.