North Carolina Advances Bill to Invest Public Funds in Bitcoin
TL;DR North Carolina’s House of Representatives approved in committee Bill HB 92, which allows up to 10% of public funds to be invested in Bitcoin....
Cryptocurrencies
USD1 Takes Over BNB Chain: 90% Already Circulating There
by federico
TL;DR USD1, the stablecoin tied to the Trump-linked crypto project, now has 90% of its supply on BNB Chain. Its inclusion in the chain’s zero-fee...
Auradine Raises $153 Million to Expand Its Bitcoin Mining Business and AI Infrastructure
by guido
TL;DR Auradine raised $153 million in a Series C round, surpassing its initial $125 million target due to strong investor demand. The company will expand...
Resolv Labs Closes $10 Million Seed Round
by guido
TL;DR Resolv Labs raised $10 million to scale its yield-bearing stablecoin protocol, aiming to minimize exposure to crypto market volatility. The USR token applies a...
$4.6M Liquidity Drain: TRUMP Token Developer Sparks Market Concerns
by jose
TL;DR Developer Liquidity Drain: The Official Trump token developer pulls $4.6M in USDC from the liquidity pool, sparking concerns ahead of a 20% token unlock....
Bitdeer Will Stop Selling Rigs and Focus on Bitcoin Mining
by guido
TL;DR Bitdeer will stop selling rigs to focus on self-mining, responding to low profitability and tariff uncertainty in the U.S. It will take advantage of...
KiloEX Suffers a $7.5 Million Theft and Suspends Operations
by guido
TL;DR KiloEX suffered a $7.5 million theft following an attack that manipulated its price oracle; the Kilo token dropped more than 29% after the incident....
Bybit Rejects Accusations of Charging a Fee to List Tokens
by guido
TL;DR Bybit denied accusations of charging a $1.4 million listing fee, clarifying that the process involves a deposit and an internal evaluation. Its CEO, Ben...
Andrew Kang Increases His Bitcoin Bet to $200 Million
by guido
TL;DR Andrew Kang, founder of Mechanism Capital, doubled his leveraged long position on Bitcoin to $200 million. On April 9, Trump urged buying on his...
Mantra Token Plummets 88% Amid Sudden Liquidations
by federico
TL;DR In one of the most dramatic crashes of the year, Mantra’s OM token plummeted from nearly $6 to just $0.37 within minutes, before stabilizing...