Tether Appoints New CFO for Audit
@Tether_to appoints Simon McWilliams as CFO, commits to full audit for enhanced transparency; Giancarlo Devasini becomes Chairman #Breaking #Crypto (+9) ↗
TheBlock
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Crypto Summit: Trump Addresses Industry Leaders
Former President Donald Trump will speak at a crypto summit on Friday as regulators drop key lawsuits, marking a significant engagement with the crypto industry. #Breaking #Crypto (+9) ↗
SEC Lawsuit Against Hex Dismissed
U.S. District Judge dismisses SEC’s case against Richard Heart, citing insufficient U.S. jurisdiction; $HEX rises 34% following the ruling. #Update #Legal $HEX (+4) ↗
Dogecoin Demand Surges Intchains Ramps Up
@Intchains is rushing to meet Dogecoin mining rig orders following endorsements from Trump and Musk, highlighting increased demand for $DOGE mining equipment. #Update #Crypto $DOGE (+6) ↗
Chainflip Upgrade Blocks Bybit Hackers
@Chainflip plans a security upgrade to prevent Bybit hackers from exploiting its cross-chain DEX, enhancing platform safety and user trust. #Update #Crypto (+3) ↗
Funding Boost: Byzantine Raises $3M
@ByzantineFinance secures $3 million in pre-seed funding for its institutional restaking platform, signaling growth in crypto infrastructure development. #Update #Crypto (+4) ↗
Arbitrum DAO Faces Criticism Over Investment
The @Arbitrum DAO’s Growth Management Committee faces criticism for proposing to invest 7,500 ETH in non-native protocols, sparking debate over ecosystem support. #Update #Crypto $ARB (-3) ↘
Kanye West Plans Swasticoin Launch
Ye, formerly Kanye West, announced plans to launch “Swasticoin” next week via erratic crypto posts, raising concerns over offensive content. #Update #Crypto (+3) ↘
Solana ETF Staking SEC Approval Sought
@FTI_US seeks SEC approval for a Solana ETF involving staking, potentially allowing proof-of-stake assets in ETFs, according to Bloomberg analyst James Seyffart #Update #ETF $SOL (+3) ↗
WalletConnect Foundation Secures 10M USD
@WalletConnect Foundation raised $10M from oversubscribed token sales on Bitget, CoinList, and Echo; no further sales planned. Tokens become transferable post-community vote. #Update #Crypto $WCT (+6) ↗
Bitcoin Staking Platform Acre Secures Funding
@AcreFunding secures significant investment to enhance its Bitcoin staking platform, boosting token valuation amid growing crypto adoption. #Update #Crypto (+3) →
Crypto: Hashdex Launches First Spot XRP ETF
@JPMorgan warns of near-term crypto downside as institutional demand for CME bitcoin and ether futures weakens; @Hashdex to launch world’s first spot $XRP ETF on B3. #Update #Crypto $XRP (-4) ↘
Bitcoin Boom Spurs Institutional Investment Surge
@Strategy acquired 258,320 $BTC in 2024, now holding 478,740 BTC worth over $46B. Institutional interest in MSTR options surged to $37B. #Breaking #Crypto $BTC (+9) ↗
Bitcoin ETF: Abu Dhabi Invests $437M
Abu Dhabi Investment Authority purchased $437 million of @BlackRock’s spot Bitcoin ETF in Q1, marking a significant institutional investment in $BTC. #Breaking #ETF $BTC (+9) ↗ (Source: TheBlock)