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Trump-Backed WLFI Achieves $590M Token Sale Milestone. World Liberty Financial (WLFI) has made headlines by successfully completing a staggering $590 million token sale, positioning itself among the top ten largest token raises in history. This remarkable achievement not only underscores the growing interest in cryptocurrency but also highlights the potential of innovative financial solutions in…
Solana’s Inflation Reform Fails: A Dramatic Voting Day Unfolds. A contentious effort to reform the blockchain network’s generous inflation regime flopped on Thursday after supporters of SIMD-0288 failed to garner the supermajority they needed to implement the major economic change. The surprise result delivered a blow to the Solana power brokers who rallied to replace…
US Frees Nearly 4.7 Million in Assets Amid Ongoing Investigations. The United States government has recently made headlines by releasing almost 4.7 million in assets that were previously frozen. This decision comes as part of ongoing investigations into various financial activities and transactions. The implications of this move are significant, affecting numerous stakeholders and raising…
BlackRock’s BUIDL Fund Surpasses $1B with Ethena’s $200M Boost. In a significant milestone for the cryptocurrency and traditional finance intersection, global asset manager BlackRock’s BUIDL token has crossed the $1 billion mark in assets. This achievement was confirmed by Securitize, the firm that partnered with BlackRock to issue the BUIDL token, which is backed by…
Tokenized Treasuries Reach $4.2B Market Cap Amid Crypto Downturn. In recent weeks, the cryptocurrency market has faced significant challenges, leading many digital asset investors to seek refuge in tokenized U.S. Treasury products. As a result, the combined market capitalization of these Treasury-backed tokens has surged by $800 million, reaching an all-time high of $4.2 billion…
AML Bitcoin Creator Convicted in Major Pump-and-Dump Scheme. A federal jury in the Northern District of California has found Rowland Marcus Andrade guilty of wire fraud and money laundering related to the controversial sale of a cryptocurrency token known as AML Bitcoin. This verdict, delivered on Wednesday, marks a significant development in a case that…
U.S. Senate Advances Stablecoin Bill: A Major Step Forward. The U.S. Senate Banking Committee has made a pivotal move by advancing the crypto industry’s stablecoin regulation bill, marking a significant step toward potentially getting this legislation signed into law by President Donald Trump. This initial committee approval is crucial as the bill now requires passage…
Bitcoin and S&P 500 Struggle Below Key Levels: BTC Price Outlook. Bitcoin continues to face significant challenges as it attempts to maintain its position above the critical $80,000 mark. On Thursday, the largest cryptocurrency by market capitalization experienced a decline of 3%, marking a troubling trend as it has fallen 13% in the first quarter…
MoonPay Acquires Iron: A Major Move in Stablecoin Infrastructure. In a significant development in the cryptocurrency landscape, MoonPay has announced its acquisition of Iron, a stablecoin infrastructure platform. This strategic move is set to bolster MoonPay’s enterprise offerings, enabling businesses to seamlessly accept stablecoin payments. The Miami-based company has not disclosed the financial details of…
Gold Hits Record High, Outshining Bitcoin as Safe Haven Asset In a striking turn of events, gold has surged to a new record high, reinforcing its status as a safe haven asset amidst ongoing market volatility. As U.S. stocks faced significant declines, Bitcoin (BTC) struggled to maintain its footing, showcasing a shift in investor sentiment…
