Stablecoins Surge as Pharma Firm Holds 9% SKY
NovaBay Pharmaceuticals rebrands as Stablecoin Development Corporation, raising $134M to acquire 2.06B SKY tokens (8.78% of supply) and earn staking rewards. $SKY down 1.45%. #Update #Crypto $SKY
NovaBay Pharmaceuticals rebrands as Stablecoin Development Corporation, raising $134M to acquire 2.06B SKY tokens (8.78% of supply) and earn staking rewards. $SKY down 1.45%. #Update #Crypto $SKY
OpenArt and Fanvue launch a $90K AI influencer contest, seeking top virtual personalities across five categories with human judges. #Update #AI
@Strategy, led by Michael Saylor, acquires 1,031 $BTC for $76.5M, revealing a $42B fundraising plan to hit 1M BTC by 2026. #Breaking #Crypto $BTC
The SEC defines when crypto assets become securities, linking regulatory treatment to issuer-driven profit expectations and clarifying asset evaluation under U.S. law. #Update #Legal
TRON DAO scales its AI Fund from $100M to $1B, focusing on agent identity, stablecoin payments, and tokenized assets for the agentic economy. #Update #Blockchain
Joseph Bankman and Barbara Fried, parents of Sam Bankman-Fried (SBF), defend their son’s innocence in a CNN interview, claiming all FTX clients were compensated and alleging political motives behind his 25-year sentence. #Update #Legal $BTC
@Kalshi and @Polymarket implement new trading bans to prevent insider trading amid regulatory scrutiny, coinciding with a bipartisan bill aiming to ban event contracts resembling gambling. #Update #Legal $POLY
Bitcoin $BTC held above $70,000 after a surge, up 3.8% in 24 hours; altcoins like $ETH and $SOL gained around 5%. Future direction depends on U.S.-Iran developments. #Update #Crypto $BTC
200 protesters marched to @AnthropicAI, @OpenAI, and xAI in San Francisco, urging a pause on advanced AI model development. Activists seek international agreements for safer AI progress. #Update #Tech
John Haar of @SwanBitcoin predicts another large-scale money creation within 3-24 months, potentially boosting $BTC adoption due to factors like AI job loss and banking stress. #Update #Crypto $BTC
Blackrock CEO Larry Fink highlights AI-driven economic growth as tokenization redefines financial infrastructure, enhancing market access and efficiency. #Update #Finance
Jessica Fain emphasizes the importance of influence and empathy for product leaders facing executive time constraints, as discussed on @Lenny’s Podcast. Key skills include adapting communication and leveraging stakeholder conversations. #Update #Leadership
@BingX has launched Futures Trading 2.0, enhancing user experience with simplified order placements, improved market charts, and updated take-profit/stop-loss tools across mobile and web platforms. #Update #Crypto
Bitcoin’s 4% surge following geopolitical news contrasts with bearish sentiment in futures and options markets, signaling traders’ skepticism about sustaining the $68,000 support level. #Update #Crypto $BTC