Self described 'DeFi-first' layer-2 blockchain Katana has launched its mainnet after receiving $232 million in pre-deposits. Deposits flooded in after Katana was revealed to the public less than a month ago. DefiLlama data shows that deposited jumped from $75M to $2320M between June 1 and June 30. STORY CONTINUES BELOW Don't miss another story.Subscribe to

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Digital brokerage Robinhood (HOOD) is extending its crypto footprint with a slate of new offerings, including developing its own blockchain network based on Arbitrum ARB$0.3379 and launching tokenized stocks trading, the company announced on Monday. The firm today has debuted its stock token offering, issued on the Ethereum layer-2 Arbitrum, for European users, giving access

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The crypto industry's political-finance arm, the towering campaign-funding entity known as Fairshake, dropped another $1 million into the coffers of a special-election candidate hoping to replace a Virginia Democrat who died in office, Representative Gerald Connolly. STORY CONTINUES BELOW Don't miss another story.Subscribe to the State of Crypto Newsletter today.See all newslettersBy signing up, you