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first_img Block gave away 1 Bitcoin at ComplexCon, valued at approximately 85,000 US dollars

Financial technology company Block, founded by Jack Dorsey, gifted a participant at the ComplexCon event in Los Angeles with 1 Bitcoin, which was valued at approximately $85,000 at the time. Block participated in this annual event organized by Complex Networks to introduce Bitcoin to new users through "culture, shopping, and entertainment."Block's Cash App set up a fishing game booth called "Lightning Lake" at the event, where participants could win small amounts of Bitcoin, and one player caught a whole Bitcoin. Maria Pesce, Block's Bitcoin marketing lead, stated that the goal is to make Bitcoin approachable, tangible, and fun, "so that people can go from never having used Bitcoin to making payments with it while walking around the lake." She mentioned that Block's aim is to make Bitcoin a daily currency.Block has long promoted Bitcoin adoption through its products: Cash App allows users to send, receive, and buy Bitcoin, while Square's point-of-sale systems accept Bitcoin payments via the Lightning Network. The company, which is listed on the New York Stock Exchange, also launched an advertising campaign this month to encourage people to use Bitcoin as a medium of exchange. Dorsey left Twitter in 2021 to focus on payment and Bitcoin adoption and has repeatedly expressed his desire for Bitcoin to become a global currency and "everyday money." During the event, Kanye West's daughter North West was also spotted trying to fish for Bitcoin with rapper French Montana at Lightning Lake.

first_img SMBC Nikko Securities jointly developed a compliant DeFi gateway with Uniswap and others

According to The Defiant, SMBC Nikko Securities announced on October 2 that it has signed a memorandum of cooperation to develop a decentralized finance (DeFi) platform called "DeFi Gateway" aimed at Japanese investors.Participants include blockchain development company Nethermind, Uniswap Labs, the general incorporated association Nyx Foundation, and Coinbase Technologies, which operates the Ethereum Layer 2 network Base. The project will develop a liquidity provision protocol and proprietary liquidity pool, complying with Japanese laws and regulations, with plans to complete development by mid-2027.The cooperation mainly focuses on three areas of development: first, creating a "proxy vault" with verifiable and reproducible AI and an intuitive user interface; second, utilizing Uniswap v4's Hooks feature to build a compliant liquidity pool public framework that incorporates anti-money laundering and counter-terrorism financing (AML/CFT) and investor protection mechanisms; third, developing asset management strategies covering digital assets such as stablecoins and real-world assets (RWA).The project is jointly led by SMBC Nikko Securities and Nethermind. SMBC Nikko Securities leads communication with regulatory agencies and provides compliance, risk modeling, and portfolio management expertise; Nethermind is responsible for technical design and development, including AI strategy and integration, smart contract security, as well as automated market making and Uniswap v4 Hooks strategies.
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