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Frax Finance proposes a $5 million investment in Trump-aligned DeFi platform WLFI. The partnership aims to integrate frxUSD into WLFI’s ecosystem, boosting adoption. The proposal has sparked both support and criticism within the crypto community. Renowned DeFi protocol Frax Finance has a $5 million investment in World Liberty Financial (WLFI), a decentralized finance platform tied…
Cardano’s Stake Pool Operators must update their nodes, with nearly 80% already upgraded, to approve the hard fork upgrade. Cardano’s new governance framework, part of the Voltaire era, distributes power and decision-making among community leaders. Cardano’s ADA token is witnessing unprecedented futures open interest and investor activity, signaling optimism for a price recovery. On Wednesday,…
Utah is now the second US state to advance a Strategic Bitcoin Reserve bill. The bill is awaiting approval from the state legislature and governor. The United States is becoming more familiar with the Strategic Bitcoin Reserve idea after Utah became the second state to float such a bill. This follows Arizona moving forward with…
Binance launched MELANIAUSDT Perpetual Contract with a 25x leverage. MELANIA surged by over 40% in the last 24 hours, reaching a market cap of over $2 billion. MELANIA’s success caused a 40% drop in the TRUMP meme coin value. has the launch of the MELANIA Perpetual Contract. This follows the launch of the TRUMP perpetual…
On Thursday, the BlackRock Bitcoin ETF (IBIT) clocked the highest-ever daily trading volume of $6.8 billion. Over the past week US Bitcoin ETFs saw $3.7 billion in inflows signalling growing institutional interest in Bitcoin. Despite a slow start to 2025, Bitcoin ETFs have turned net positive with $4 billion in inflows since the beginning of…
Metaplanet is raising $745M through stock issuance to increase its Bitcoin holdings. The company aims to acquire 10,000 BTC by 2025 and 21,000 BTC by 2026. Since adopting Bitcoin in 2024, Metaplanet has accumulated 1,761 BTC. Metaplanet Inc, a financial services company based in Japan, has a landmark capital raise in the Asian equity market,…
Circle’s Paymaster allows users to pay gas fees on Arbitrum and Base using USDC instead of ETH. A 10% surcharge applies to USDC gas payments, but the fee is waived until June 30. USDC has seen its market cap double in the past year to reach $51.66 billion. Paymaster Streamlining Transactions What’s Next for Circle?