Peter Thiel and Palmer Luckey raise $350 million to support Erebor
--
Billionaires Peter Thiel and Palmer Luckey have raised $350 million for their new Bitcoin and cryptocurrency bank Erebor, which is about to launch. （The Bitcoin Historian）
[USDC Treasury Burns 50 Million USDC on Ethereum]
On-chain data tracking service Whale Alert detected that at 7:12 AM Beijing time (UTC+8), USDC Treasury burned 50 million USDC on Ethereum.
Bank of America is rebuilding its core financial infrastructure, focusing on tokenized deposit, custody, and settlement systems, and advancing related work under strict regulatory supervision. （Cointelegraph）
For the first time in US history, the appointment of the chairman of the Commodity Futures Trading Commission (CFTC), which supports Bitcoin, marks a new move by regulatory authorities. （The Bitcoin Historian）