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In brief A meme coin modeled on Baby Shark’s creator collapsed. Pinkfong said the token created using Story Protocol was unaffiliated. Story Protocol deleted posts, but sleuth ZachXBT saved some receipts. A meme coin touting Pinkfong’s name collapsed on Thursday after the entertainment company behind YouTube hit Baby Shark said that it was unaffiliated with…

According to the Bitcoin Reserve Monitor, 20 states have pending Strategic Bitcoin Reserve (SBR) legislation. As bullish as these efforts seem, they may be overshadowed by a sweeping federal framework pushed by Senator Cynthia Lummis, now the head of the Banking Subcommittee on Digital Assets. After 16 years of speculation, experimentation, block wars and debanking,…

Decentralized physical infrastructure networks (DePINs) have emerged as a critical part of the blockchain industry, offering solutions that could disrupt traditional infrastructure models in data storage, computing power, and connectivity.  The momentum behind DePIN is impossible to ignore, according to a recent Messari report that puts the category’s market cap at $20 billion. DePIN projects—which…