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#LINK Botanix Launches Mainnet to Power the Bitcoin Economy with Chainlink, Fireblocks, GMX, Dolomite and Others (1 Jul): Botanix Labs, the protocol research team developing Botanix, the Bitcoin-based blockchain that powers the Bitcoin economy, today announced the launch of Botanix mainnet, with live applications including GMX and Dolomite, and ecosystem partners such as Chainlink and Fireblocks now active on the network. This milestone also marks the launch of new Bitcoin-native applications committed to building exclusively on the network, including Arch, Bitzy, Palladium, and Rover. With the launch of Botanix, Bitcoin users experience a significant improvement in transaction times, with block times reducing from 10 minutes to five seconds, and $0.02 transaction fees on average. Mainnet goes live just days after Botanix officially transitioned governance and consensus to a 16-node founding federation of independent node operators, including Galaxy, Fireblocks, Alchemy, Antpool, XBTO, Kiln, Chorus One, and others. With this transition and the support of the Spiderchain, a novel Bitcoin scaling cryptographic primitive, Botanix becomes the first and only secure Bitcoin-based blockchain that is decentralized from inception, which means no single entity, including Botanix Labs, has control over the network. Botanix expects the operator set to expand beyond 100 in 2026. About Botanix Labs: Founded in 2023, Botanix Labs is the protocol research and development team that initiated and coined the Spiderchain protocol and developed Botanix, an EVM-equivalent Bitcoin L2. With Botanix fully decentralized and independently operated, Botanix Labs contributes through research, developer tooling, and ecosystem growth.$BTC
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#ETH Elon Musk has threatened to take out every Republican lawmaker who supports his former best friend President Donald Trump’s new tax and spending bill: This warning was issued just hours before the Senate began voting on Trump’s bill, a 940-page legislative monster that would raise the debt ceiling by $5 trillion and cut deeply into federal aid programs. According to the Associated Press, the Senate began voting on Monday using a method called “vote-a-rama” — a nonstop amendment process that lets any senator offer any number of changes. The goal is to wrap up the process fast and get the bill passed before Trump’s July 4 deadline. The bill already cleared a key hurdle Saturday night with a narrow 51-49 vote, but final passage isn’t guaranteed. Republicans need 50 of their 53 senators to stay united, and a few have already jumped ship. Senator Susan Collins from Maine said she’s “leaning against” the final vote even though she voted to advance the bill on Saturday. Susan wants higher taxes on wealthy Americans, not cuts to Medicaid. Senator Lisa Murkowski of Alaska also helped push the bill forward but raised similar concerns about health care cuts. The GOP leadership is under pressure to make it work before the July 4 deadline set by Trump, now in his second term in the White House. Bill boosts military, cuts benefits, and sparks more backlash: $The bill also cuts taxes on tips and overtime pay, adds $150 billion in military funding, and pumps new money into Trump’s immigration and deportation operations. To cover those costs, it slashes Medicaid, food stamps, and clean energy funds. $BTC
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