chsmith07201 pfp

chsmith07201

@chsmith07201

199 Following
116 Followers
chsmith07201 pfp
chsmith07201
@chsmith07201
Ava Labs (Avalanche) and Mysten Labs (Sui) have been called in for oral interviews this week, with Bridge Ventures, LayerZero Labs and Fireblocks also on the shortlist for “token development and support.” Ava Labs, Fireblocks and Blockchain.com have been shortlisted for “token distribution and support.” Regardless of which blockchain the token launches on, the plan is for it to go multichain in due time.
0 reply
0 recast
0 reaction
chsmith07201 pfp
chsmith07201
@chsmith07201
Ava Labs (Avalanche) and Mysten Labs (Sui) have been called in for oral interviews this week, with Bridge Ventures, LayerZero Labs and Fireblocks also on the shortlist for “token development and support.” Ava Labs, Fireblocks and Blockchain.com have been shortlisted for “token distribution and support.” Regardless of which blockchain the token launches on, the plan is for it to go multichain in due time.
0 reply
0 recast
0 reaction
alfredandme009 pfp
alfredandme009
@alfredandme009
A wave of high-profile trades highlighted the token’s meteoric rise.
0 reply
0 recast
0 reaction
alfredandme009 pfp
alfredandme009
@alfredandme009
Another trader transformed a $1.1 million investment into $70 million in under four hours. The individual sold 1.35 million TRUMP for 3.65 million USDC while retaining 4.62 million tokens valued at $67.5 million.
0 reply
0 recast
0 reaction
alfredandme009 pfp
alfredandme009
@alfredandme009
Meanwhile, pseudonymous crypto trader 0xsun purchased nearly 1 million TRUMP tokens with 3,000 Solana , worth $653,000. By selling part of their holding for $812,000, they netted over $3.7 million in profit.
0 reply
0 recast
0 reaction
austin998099 pfp
austin998099
@austin998099
Wyoming, in the United States, has introduced a bill to create a Strategic Bitcoin Reserve, joining several other states nationwide ahead of Donald Trump’s presidential inauguration on Jan. 20.
0 reply
0 recast
0 reaction
austin998099 pfp
austin998099
@austin998099
“Wyoming took its first bold step toward a strategic Bitcoin reserve,” Wyoming Senator Cynthia Lummis wrote in a Jan. 17 X post, following the introduction of the bill titled “State Funds-investment in Bitcoin,” which, if passed, allows a portion of Wyoming state funds to be invested in Bitcoin.
0 reply
0 recast
0 reaction
isabella819jones pfp
isabella819jones
@isabella819jones
Lummis, a vocal Bitcoin advocate who introduced the Bitcoin Strategic Reserve bill for the US government in July 2024, praised Wyoming representative Jacob Wasserburger for introducing the legislation to “allow permanent funds to diversify into Bitcoin.”
0 reply
0 recast
0 reaction
isabella819jones pfp
isabella819jones
@isabella819jones
The bill proposed that the Wyoming state treasurer may use the general fund, the permanent Wyoming mineral trust fund, and the permanent land fund to invest in Bitcoin; however, it was said that under each fund, no more than 3% could be allocated to Bitcoin.
0 reply
0 recast
0 reaction
isabella819jones pfp
isabella819jones
@isabella819jones
The US SEC has charged Digital Currency Group (DCG) and former Genesis CEO Soichoro “Michael” Moro with misleading investors about the financial health of Genesis in the aftermath of the Three Arrows Capital (3AC) collapse.
0 reply
0 recast
0 reaction
chsmith07201 pfp
chsmith07201
@chsmith07201
According to the Jan. 17 filing, DCG and Moro have agreed to pay a combined $38.5 million in civil penalties, with DCG liable for $38 million and Moro liable for $500,000.
0 reply
0 recast
0 reaction
chsmith07201 pfp
chsmith07201
@chsmith07201
Moro and DCG agreed to the civil penalties without admitting to or denying any violations of the Securities Act of 1933.
0 reply
0 recast
0 reaction
chsmith07201 pfp
chsmith07201
@chsmith07201
Moro and DCG agreed to the civil penalties without admitting to or denying any violations of the Securities Act of 1933.
0 reply
0 recast
0 reaction
chsmith07201 pfp
chsmith07201
@chsmith07201
According to the Jan. 17 filing, DCG and Moro have agreed to pay a combined $38.5 million in civil penalties, with DCG liable for $38 million and Moro liable for $500,000.
0 reply
0 recast
0 reaction
alexander66 pfp
alexander66
@alexander66
Out of the 296 phishing incidents in 2024, at least three resulted in losses exceeding $100 million, highlighting the scale of damage possible.
0 reply
11 recasts
25 reactions
ariam6551 pfp
ariam6551
@ariam6551
Private key compromises were the second-largest threat after phishing scams, resulting in over $855 million worth of stolen crypto across 65 incidents in 2024.
0 reply
9 recasts
23 reactions
ameli6aron pfp
ameli6aron
@ameli6aron
BlackRock’s iShares Bitcoin Trust (IBIT) has just recorded its largest outflow since it launched a year ago — as United States trading resumed on Jan. 2.
0 reply
9 recasts
24 reactions
olivia533brown9 pfp
olivia533brown9
@olivia533brown9
It is the largest ever outflow since the product launched in January 2024, eclipsing the previous record of $188.7 million on Dec. 24, according to Farside Investors.
0 reply
9 recasts
23 reactions
jamesethansson pfp
jamesethansson
@jamesethansson
The move follows a market closure on New Year’s Day but marks the third consecutive trading day of outflows for the BTC investment product, which is another record. Over the past week, BlackRock’s iShares Bitcoin Trust has seen $392.6 million in outflows.
0 reply
10 recasts
15 reactions
angus6423 pfp
angus6423
@angus6423
Terraform Labs co-founder Do Kwon appeared before a New York magistrate on Jan. 2, less than a week after being extradited to the United States to face criminal charges for his role in the Terra ecosystem collapse.
0 reply
10 recasts
14 reactions