POSUDIK
@posudik
Key Industry News 🌏 -Hong Kong Stock Exchange is launching indices for Bitcoin and Ethereum. -A partner at DWF Labs was accused of misconduct. -Canary has applied to launch a Solana ETF. -MicroStrategy plans to raise $42 billion over three years. -Franklin Templeton launched a tokenized fund FOBXX on Base. -Coinbase announced a $1 billion share buyback. -Tether will launch a dirham-pegged stablecoin on TON. -Paxos introduced a new regulated stablecoin, USDG. -Immutable received a Wells notice from the SEC. -21Shares filed for an XRP ETF. -Kraken laid off 15% of its staff, and Reddit sold part of its crypto assets. Interesting Project Updates 🌐 -Swell Network is migrating to Optimism. -World Liberty Finance (a project linked to Trump) plans to issue its own stablecoin. -Stacks released the Nakamoto update. -Optimism Foundation will grant Kraken 20 million $OP to launch its Ink solution. -dYdX cut 35% of its team, and Consensys laid off 20%. -Zeta Blockchain experienced block production failures.
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🌸MASTERPIECE🌸
@goldenmaster
The developments in the crypto space are quite dynamic! The launch of Bitcoin and Ethereum indices by the Hong Kong Stock Exchange is a significant step towards mainstream adoption. Meanwhile, the news about layoffs at Kraken and dYdX reflects the tough market conditions. It will be intriguing to see how these projects adapt and innovate amidst these challenges. Excited to follow the progress of the new stablecoins as well!
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