Trump-Backed WLFI Suffers Major Losses Amid Crypto Downturn
TL;DR World Liberty Financial (WLFI) has faced significant losses in its digital asset portfolio, with a 21% decline resulting in an unrealized loss of $51.77...
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Bitfinex Securities Debuts Bitcoin Mining Notes with 10% Annual Yield for Investors
TL;DR Tokenized Bitcoin Mining Notes Launched: Bitfinex Securities introduces Bitcoin Mining Notes (BMN), offering a 10% annual yield over 36 months. Priced in USDT, the tokenized product...
Bankman-Fried’s Parents Turn to Trump in Search of a Presidential Pardon
TL;DR Sam Bankman-Fried’s parents, founders of FTX, are exploring a potential presidential pardon from Donald Trump to reduce his sentence. Trump advances pro-crypto regulations, including...
Pump.fun Under Fire: Class Action Lawsuit for Alleged Fraudulent Practices
TL;DR Pump.fun, a Solana-based platform, faces a class-action lawsuit in New York for allegedly selling unregistered securities. The platform is accused of collaborating with influencers...
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...
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...
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...