🪙 Crypto and Blockchain News (Feb 22, 2024):

1️⃣ Circle: The company #Circle has announced a phased discontinuation of support for the USDC stablecoin pegged to the dollar on the Tron blockchain. 🔄

2️⃣ Hack VC: Venture firm Hack VC has raised $150 million for a fund named Venture Fund I, aimed at supporting projects within the #Web3 ecosystem. The firm plans to use the funds to finance Web3 startups in the areas of security, DeFi, real-world asset tokenization (RWA), and AI-integrated solutions. 💡

3️⃣ Reuters: Mining company Lejilex and the Texas Cryptocurrency Freedom Alliance (CFAT) have collectively filed a lawsuit against the SEC. The lawsuit alleges that the actions of the U.S. regulator exceed its authority. According to the plaintiffs, the #SEC is pursuing crypto companies without clear legal guidelines or regulations in the United States. ⚖️

4️⃣ PostFinance: On February 21, the Swiss bank PostFinance launched a service for buying, selling, and storing digital assets. The financial institution's customer base consists of 2.5 million people. 💼

5️⃣ Wormhole: The blockchain interoperability platform #Wormhole will utilize enterprise-level hardware accelerators from AMD to scale cross-chain connections. The project will employ FPGA accelerators, specifically AMD Alveo U55C and U250, to enhance the throughput of cross-chain messages using zero-knowledge proofs (ZKP). 🔄

🚀 Stay informed!