AGP Executive Report
Last update: 11 hours agoPost-Quantum L1 Launch: Splendor Labs went live with Splendor Quantum Chain, pitching native post-quantum signatures and resilient data transport for the “next security era.” Stablecoin Rules: The Fed proposed new GENIUS Act–linked requirements for payment stablecoin issuers, including full reserve backing and capital/risk controls. Exchange Security Shock: Bitget confirmed a ~$351.6M hot-wallet hack, suspended withdrawals, and says its $464M user protection fund covers the loss. Prediction Markets Clash: New York and Polymarket filed competing lawsuits over whether prediction markets are illegal gambling or federally regulated. Tokenized Stocks Push: KuCoin opened spot trading for tokenized Apple/Robinhood/Strategy/SpaceX on Solana, while tokenized-stock holders reportedly jumped to 4.3M addresses. Market Pulse: BTC slipped back under $85K as Treasury yields jumped; ETH held near ~$2.67K amid ETF inflow chatter. On-Chain Growth: Circle minted 250M USDC on Solana, adding fresh liquidity. AI x Crypto: Public launched AI agents for prediction markets, and Pine Labs partnered with Google Cloud to expand agentic commerce for merchants.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.