Cathie Wood's Ark Invest Adds $30.9M of Shares in Jack Dorsey's Block

- Skims hires Ami Colé founder Diarrha N'Diaye as beauty EVP, signaling industry recognition of Black-owned brands' role in driving inclusivity and innovation. - N'Diaye's appointment follows Ami Colé's 2025 shutdown due to unsustainable costs, yet its legacy of inclusive products and community focus left lasting industry impact. - Skims Beauty aims to extend size/shade inclusivity to cosmetics, leveraging N'Diaye's melanin-rich skin expertise and prior experience at L'Oréal/Glossier. - The move highlights

- Brittany Kaiser, AlphaTON CEO, will address DeFi, tokenization, and digital asset treasuries at SALT London 2025, aligning with the firm's mission to bridge institutional finance and blockchain ecosystems. - AlphaTON raised $71M to expand its TON ecosystem footprint, including GPU investments for Telegram's Cocoon AI network and validator operations in DeFi and gaming protocols. - The firm launched a TON Mastercard with PagoPay and ALT5 Sigma, enabling crypto spending at 60+ million merchants, while deve

- Lava secures $200M to launch BLOC, a Bitcoin-backed credit line with 5% interest and no monthly payments. - The product allows instant borrowing against 50% of Bitcoin's value via self-custody wallet, blending DeFi and traditional finance. - Innovations include liquidation protection and 7% annual cost, positioning Lava as a low-cost lending alternative amid Bitcoin's $108k surge. - Market growth highlighted by Fold's crypto rewards partnership and regulatory challenges like Singapore's $150M fraud freez

- Ethereum's 2025 Fusaka upgrade (Dec 3) introduces 12 EIPs, including EIP-7594, to enhance scalability and security through sampled blob validation. - On-chain fees hit $19.8B in 2025 (35% YoY growth), driven by DeFi (63% share) expanding into DePINs and consumer apps. - Tokenized U.S. Treasuries exceed $8.6B as banks test collateral workflows, despite higher operational risks compared to traditional repos. - AI adoption in blockchain development (50% production use) and cybersecurity ($22.97B 2030 market