Everything web3, crypto, defi, degen
In brief Trump Media announced on Monday that it had purchased $2 billion in Bitcoin. The publicly traded firm unveiled its Bitcoin acquisition strategy in May. Shares of Trump Media are up roughly 6% following the announcement. Trump Media & Technology Group has purchased $2 billion in Bitcoin and BTC-related securities for its corporate treasury,…
In brief PENGU has jumped 26.7% over the past 24 hours, as its associated NFT collection, Pudgy Penguins, has seen its floor price also climb double digits. It comes following an unknown user sweeping 45 CryptoPunks, which has sparked interest in NFTs. As a result, major collections like Bored Ape Yacht Club, Moonbirds, and Azuki…
In brief Thailand’s SEC proposes easing knowledge test rules for retail crypto investors, allowing them to skip repeat tests if already passed, replacing the current 3-month retesting requirement. New rules would mandate suitability tests for all digital token investors, reviewed every two years, to ensure alignment between investor risk tolerance and product risk. The proposed…
In brief The GENIUS Act, now signed into law, gives stablecoin issuers like Ripple a clear regulatory path but is expected to have limited direct impact on XRP’s price. Ripple’s new stablecoin, RLUSD, positions the company to compete domestically with USDC and PayPal USD as a native U.S. liquidity provider. Legal ambiguity around XRP’s classification…
Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.DeFiChain Voting Results are in!The voting has closed at block height 5,200,000, and here’s a breakdown of the results for the latest DFIPs and CFPs:DFIP1: Listing of…
In brief Tether CEO Paolo Ardoino said his company fully intends to register its flagship USDT stablecoin via the newly-signed GENIUS Act. The company will also likely offer another, U.S.-specific stablecoin in the American market. Circle CEO Jeremy Allaire said he believes his company is nonetheless poised to particularly benefit from the passage of the…
In brief Charles Schwab is interested in introducing a stablecoin, its CEO told investors this week. The potential stablecoin initiative comes as Schwab prepares to offer spot Bitcoin and Ethereum ETFs to its clients. Schwab is one of several large financial services firms exploring issuing its own stablecoin. Charles Schwab would like to issue its…
In the latest SlateCast episode, CryptoSlate’s Editor‑in‑Chief Liam “Akiba” Wright and CEO Nate Whitehill sat down with Dustin Hedrick, co‑founder of The Roar, to unpack how RoarChain, a self‑custody‑first layer‑two built on the OP‑Stack, blends artificial‑intelligence tooling, fee‑backed yield, and a decade‑long roadmap to welcome the next wave of crypto users.Building a Self‑Custody L2 on OP‑StackRoarChain’s architecture begins with…
In brief Pump.fun is a protocol that enables users to easily create meme coins on the Solana network. The platform has served as the launchpad for meme coins including Fartcoin, Peanut the Squirrel, Moo Deng and Chill Guy, as well as celebrity-endorsed meme coins. Pump.fun’s livestreaming feature has seen meme coin creators performing stunts on…
Pump.fun’s recent token sale has reignited debate around the sustainability of Solana’s meme launchpad model, according to a July 16 report by Alea Research titled “PumpFun: Asymmetric Upside or The Final Extraction.”The report explores whether the PUMP token offers asymmetric upside tied to Pump.fun’s revenue engine or reflects an extractive pivot during a waning memecoin…
