Major Token Unlocks: $330 Million in Crypto Set to Hit the Market
TL;DR Four crypto projects—Optimism (OP), Sui (SUI), ZetaChain (ZETA), and DYDX (DYDX)—are set to unlock tokens worth $330 million this week, impacting market dynamics. Token
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Illinois Leads The Crypto Revolution: Proposing A Strategic Bitcoin Reserve In Its State Treasury
TL;DR Illinois introduced Bill HB1844 to establish a strategic Bitcoin reserve as an innovative tool within its state treasury. Arizona and Texas are also advancing
Gemini Bans Hiring MIT Graduates Until Gary Gensler Cuts Ties with the University
TL;DR Gemini, led by the Winklevoss twins, announced a boycott of MIT graduates due to the university’s association with former SEC chair Gary Gensler. The
Aerodrome Finance Suspends Contributors for Insider Trading
TL;DR Aerodrome Finance suspended two contributors over alleged insider trading during the launch of Venice’s VVV token. The platform detected suspicious activity within the first
YZi Labs Invests $16 Million in Sign to Revolutionize Token Distribution
TL;DR YZi Labs, formerly Binance Labs, invests $16 million in Sign, a platform for token distribution and blockchain-based verification. Sign reported revenue growth from $1.7
South Dakota Proposes a “Strategic Bitcoin Fund” for State Reserves
TL;DR A new bill seeks to include Bitcoin in state reserves, positioning South Dakota as a leader in financial innovation. The measure aims to protect
Bitcoin Drops: Liquidations at a Loss and More Bearish Positions
TL;DR On Monday, Bitcoin fell 4.7%, particularly affecting short-term investors, who sent over 21,000 BTC to exchanges, suggesting a liquidation at a loss. Short-term investors,
Metaplanet Announces $745 Million Bitcoin Investment Strategy
TL;DR Metaplanet launches $745M Bitcoin strategy: Plans to raise 116B yen via 0% discount warrants to expand Bitcoin holdings, aiming to become a top global
Arizona Pushes for Legislation to Create the First State Bitcoin Reserve
TL;DR Arizona is advancing a legislative proposal to allow public funds and pensions to invest up to 10% in Bitcoin. The project could lead to
Analog Raises $5 Million, Reaching $21 Million in Total Funding to Boost Web3 Growth
TL;DR Analog secures $5 million in a new funding round led by top investors like Tribe Capital and Wintermute. The project has raised a total