Coinbase sues the SEC and FDIC in D.C. court for denying FOIA requests on crypto policy clarity, including Ethereum’s status and cease-and-desist orders. This case could set a precedent for transparency in the crypto sector. #CryptoRegulation
Ethena’s price stabilizes at $0.58, up 12.5% due to USDe integrations. Key partnerships include @bitgetglobal for zero-fee trading and Symbiotic for staking rewards. USDe now the fourth-largest stablecoin with a $3.6B market cap. #Update
Tezos developers unveil “Tezos X,” a major upgrade to enhance the PoS blockchain’s usability. With Smart Rollups and a new Data-Availability layer, Tezos X aims for better scalability and efficiency by 2026. #Update #Tezos #Blockchain
CleanSpark Inc. (@CleanSpark_Inc) is acquiring GRIID Infrastructure in a $155M all-stock deal. The merger, set to close in Q3 2024, includes $55.9M in loans and aims for 400 MW expansion in TN by 2026. #BitcoinMining #Update
Investors eye $ETHENA, $SOL, and $APORK for gains amid bullish market trends. $ETHENA, with a market cap over $1B, may rebound to $1. $APORK’s staking dApp boosts traction, while $SOL shows a bullish outlook. #Update
Andromeda integrates with @InjectiveLabs to boost DeFi adoption, enabling users to fractionalize, tokenize, and trade digital assets on a unified platform. This partnership enhances multi-chain composability and user experience. #DeFi #Update
Kaspa ($KAS) surges to $0.18, up 32% from its monthly low, while $BTC and $SOL decline. Marathon Digital starts mining Kaspa amid rising futures market interest. Hash rate hits 362.89 PH/s with mining difficulty at 357.36p. #Update
Fenix Finance, a DEX protocol on the Blast network, secured a $300K seed round led by @Orbs_Network. The funds will develop the Fenix Liquidity Hub and improve the Fenix Nest, enhancing token swaps and capital efficiency. #DeFi #Update
VanEck filed the first-ever bid for a Solana ($SOL) ETF in the U.S. with the SEC, causing SOL’s price to surge over 8%. This marks a major step in integrating crypto into mainstream finance. #Update #CryptoNews
Sasha Ivanov, founder of Waves, champions integrating crypto into traditional business for better governance and efficiency. Key uses: immutable records, asset tokenization, and decentralized governance. Waves DAO showcases resilience post-FTX and Luna crises. #Blockchain #Update
Decentralized crypto exchange @Bluefin_Exchange announces the launch of its native token, BLUE, on the Sui blockchain. The token will be used for governance, with 52% allocated for ecosystem growth. #CryptoNews #Update
Meme coin market surges over 1800% in 2024, with market cap hitting $48.34B. $DOGE at $0.1234, $SHIB at $0.00001715. New Solana features drive trend. BNB Chain supports with “Meme Heroes.” #Update #Crypto #MemeCoins
Deepfake-related crypto fraud has spiked by 245% in 2024, leading to $25.13B in losses, per @BitgetGlobal. Social engineering and bot fraud accounted for $2.03B in Q1 2024. Regulatory intervention is urgently needed. #CryptoCrime
Crypto scam ads persist on Facebook and X, despite legal actions by Martin Lewis and Andrew Forrest. The U.K. may impose fines of 10% of global revenue on social networks for failing to protect users. #Update #CryptoScams
