ACT I Launches $1 Million Fund to Boost AI-Based Meme Projects
TL;DR ACT I launches a $1 million fund for AI-based meme projects, with the first beneficiary being Dolos AI, which received $50,000. The company has...
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Bitwise Files for Bitcoin and Ethereum ETP: A New Era for Crypto Investment
TL;DR NYSE Arca has filed with the SEC to list and trade a new ETP from Bitwise Asset Management, providing balanced exposure to Bitcoin and...
Tether Mints $3 Billion USDT: A Boost to Crypto Liquidity and Market Dynamics
TL;DR Tether issued $3 billion in USDT, spread across Ethereum and Tron. This issuance increases liquidity in the crypto market and could indicate bullish momentum....
Pump.fun Livestreams Plunge into Chaos: Platform Faces Backlash
TL;DR Pump.fun faces backlash as its livestream feature spirals into chaos with users broadcasting harmful acts, sparking community outrage and calls for stricter content moderation....
Allianz Invests in MicroStrategy: Acquired 25% of the Bonds Issued to Buy Bitcoin
TL;DR Allianz acquires 25% of the bonds issued by MicroStrategy to buy Bitcoin. MicroStrategy continues to accumulate Bitcoin, with recent purchases increasing its reserve to...
Solana’s Growth Accelerates with Bitwise’s New ETP Filing
TL;DR Bitwise Asset Management has filed Form 19b-4 with the Cboe BZX Exchange to list a spot Solana ETP, offering investors direct exposure to SOL,...
MicroStrategy Achieves 41.8% Return in 2024 Thanks to Its Bitcoin Acquisitions
TL;DR MicroStrategy, the leader in corporate Bitcoin holdings, achieved a 41.8% return in 2024, accumulating approximately 79,130 additional BTC. The company reached these results through...
Shaq Agrees to $11M Settlement in Astrals NFT Class Action Lawsuit
TL;DR Shaquille O’Neal has agreed to settle an $11 million class action lawsuit over promoting Solana-based Astrals NFTs, covering legal fees and compensating investors. The...
Polter Finance Halts Operations After $12 Million Flash Loan Hack
TL;DR Polter Finance halted operations following a hack that drained $12 million from its platform. The stolen funds were traced back to Binance, and the...
The Crypto Market Awaits $4 Billion Options Expiry: What Will Happen?
TL;DR The expiration of $4 billion in Bitcoin and Ethereum options could trigger significant volatility in the crypto market. The maximum pain points are set...