Senator Elizabeth Warren is worried a bipartisan stablecoin bill working its way through Congress doesn’t do enough to address the systemic risks she thinks the dollar-pegged assets pose. …
Carl Nash
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Altcoins
Solana Rises As BlackRock Brings Its $1,700,000,000 Tokenized Treasury Fund to Ethereum Rival’s Chain
by Carl Nashby Carl NashSolana (SOL) is green on the day on reports that BlackRock is moving its blockchain-based money market fund onto the Ethereum (ETH) competitor’s network. Fortune reports that the …
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The investigation into the hack is ongoing, but an Abracadabra core contributor thinks it could be linked to changes in GMX’s codebase. Source link
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Altcoins
President Trump’s World Liberty Financial Announces Launch of ‘Institutional-Ready’ Stablecoin USD1
by Carl Nashby Carl NashPresident Trump-backed World Liberty Financial is announcing plans to launch a new stablecoin on Tuesday that would be aimed at bridging traditional finance with digital assets. According to …
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Coinbase
Trump Media looks past Crypto.com red flags to launch new partnership
by Carl Nashby Carl NashDonald Trump’s public company has picked Crypto.com and its CRO token for an ETF partnership despite its seemingly murky past. Source link
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World Liberty Financial has announced USD1, its new stablecoin, without consulting with governance token holders. Source link
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The value of bitcoin performed better under Biden’s term than it has under Trump’s recent term or the beginning of his first term. Source link
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Coinbase
Binance suspends team member who used BNB Chain info to front-run token
by Carl Nashby Carl NashBinance suspended a former BNB Chain employee after he was found to have made “significant profits” from insider trading. Source link
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Coinbase
Richard Heart pokes MakerDAO to ‘do the funniest thing’ and rug-pull
by Carl Nashby Carl NashThe decentralization of MakerDAO is again under scrutiny after a copy of its DAI stablecoin failed to maintain its $1 peg on Pulsechain. Source link
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Coinbase
World Network is still 988 million sign-ups short of its 1 billion-user goal
by Carl Nashby Carl NashAt the current rate of an average of 705,000 sign-ups per month, it would take World around 117 years to hit its target. Source link