El Salvador Accelerates Its Bitcoin Accumulation and Challenges the IMF
TL;DR El Salvador has purchased 2 additional BTC in a single day, raising its reserves to 6,055 BTC, valued at over $612 million, strengthening its...
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Crypto Market in Free Fall: $2.32 Billion Liquidated in Just 24 Hours
TL;DR The market experienced a total of $2.32 billion in liquidations, with $1.93 billion in long positions and $391.10 million in short positions, making it...
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...
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...
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...
Jupiter Exchange Bets Big on Viral Cryptocurrencies with the Acquisition of MoonshotÂ
TL;DR Jupiter Exchange acquires a majority stake in Moonshot, a popular app for meme coin trading. Technological integration will enhance Moonshot’s security and accessibility, facilitating...
Ethereum Aims to Unify Its Ecosystem: Based and Native Rollups Lead the Way
TL;DR Leaders of Ethereum layer 2 networks are embracing based and native rollups to enhance the network’s security and decentralization. The transition may reduce revenue...