Formerly bankrupt 52-year-old retail brand makes surprising new acquisition

Gwangju prosecutors office make unlikely recovery of unusual 320 BTC theft

Update: White House talks on stablecoin yield make 'progress' with banks, but no deal yet @jesseahamilton reports

NEW: Coinbase is rolling out a feature allowing Coinbase One members to earn up to 3.5% rewards on $USDC, paid weekly in either $BTC or $USDC.

BIG: Bitcoin’s Lightning Network surpassed $1 billion in monthly transaction volume.

JUST IN: 🇺🇸 Coinbase CEO Brian Armstrong says "most people underappreciate how large the addressable market is for crypto. Crypto is updating the entire financial system, from trading to payments, to lending and more. Multiple trillions of dollars of revenue up for grabs." $ADA

UPDATE: #Cardano $ADA Founder Charles Hoskinson says Midnight City will integrate Nightstream, "then you can test state of the art new technology. This would be the first, at scale, folding system with lattices, immune to quantum computers—also GPU-optimized, ever built." $NIGHT

UPDATE: #Cardano $ADA Founder Charles Hoskinson says "abstraction with smart compliance means it's not just one thing, it's everything. I can deal with regulated and unregulated business, I can deal with global business and local business." $NIGHT

NEW: Polymarket has acquired Dome, an API platform that provides comprehensive access to prediction market data across multiple platforms.

UPDATE: #Cardano $ADA Founder Charles Hoskinson says "smart compliance with privacy means that you have provability, you have all these other tools that fit with it, so you do minimum viable disclosures." $NIGHT