DeFi Fund Launches with $500M Investment
@FrameworkVentures has secured a $45 million deal to acquire 10% of Better, assisting in launching a token on the Sky protocol as part of a $500 million DeFi initiative. #Update #Crypto
@FrameworkVentures has secured a $45 million deal to acquire 10% of Better, assisting in launching a token on the Sky protocol as part of a $500 million DeFi initiative. #Update #Crypto
@JaneStreet faces a lawsuit from Todd Snyder for alleged insider trading that contributed to the collapse of Terraform Labs in 2022, resulting in billions lost. #Breaking #Legal $LUNA
Backpack plans to offer equity to token stakers, setting aside 20% of its equity for participants. The exchange aims for a $1 billion valuation. #Update #Crypto
XRP is set for a fifth consecutive monthly decline, down 30% in February, echoing a 2016 pattern before a historic rally. Analyst cautions against expecting similar gains. #Update #Crypto $XRP
@PharosNetwork launches an alliance to standardize the onchain real-world asset market, aiming to transition from fragmented pilots to institutional-grade frameworks. #Update #Blockchain
@TerraformLabs’ bankruptcy administrator has sued quant trading firm Jane Street for insider trading and market manipulation linked to the 2022 Terra-LUNA crisis, seeking damages for creditors. #Update #Legal $LUNC
Officials with Donald Trump’s “Board of Peace” are considering a US dollar-backed stablecoin for Gaza to aid economic recovery, involving Israeli and Palestinian tech firms. #Update #Crypto
Companies are retrofitting Boeing aircraft engines into gas turbines to meet rising energy demands for AI data centers, with FTAI Aviation planning to launch modified models by 2026. #Update #Energy $BTC
Bitcoin (BTC) traders are anxious after 18 days below $75,000, with concerns rising from US tariff increases. However, historical data suggests Bitcoin may rally as liquidity conditions improve. #Update #Crypto $BTC
@ProCap Financial (BRR) initiates share buyback, purchasing 148,241 shares at $2.30 each, totaling $341K, to reduce discount to net asset value of held $BTC. #Update #Crypto $BRR
Terraform Labs sues Jane Street, alleging insider trading during TerraUSD’s 2022 collapse, potentially redefining “insider” in crypto markets. #Breaking #Legal @TerraformLabs
Ethereum price declines below $1,880, struggling to recover past $1,900 amid bearish trends and resistance at $1,920. Immediate support is near $1,820. #Update #Crypto $ETH
Strategy founder Michael Saylor defends Bitcoin’s 45% decline as normal tech evolution, not a flawed thesis, in an interview with Natalie Brunell. #Update #Crypto $BTC
SolanaFloor ceases operations due to financial difficulties at parent company Step Finance after a $30M hack. Existing content remains accessible as an archive. #Update #Crypto $SOL