Nasdaq’s VivoPower (VVPR) announces $121M fundraise to establish an XRP digital treasury. Saudi Prince Abdulaziz bin Turki Al Saud is a key backer, committing $100M to this XRP plan. VivoPower aims to be first public XRP-centric treasury, driving XRP adoption & XRP Ledger DeFi. The XRP ecosystem could be in for a significant boost in … Read more
Fluence, the enterprise-grade, decentralized compute platform is proud to unveil its Vision 2026—alongside its four major new initiatives that begin from June 1st. Fluence has successfully built, launched and commercialized its DePIN compute network which operates from top tier data centers globally. Its native token FLT collateralizes compute which secures the platform, and the demand … Read more
Bitcoin’s rally to $112,000 has entered a stabilization phase, with industry executives attributing recent price movements to technical consolidation and shifting macroeconomic expectations rather than bearish sentiment. Experts: Bitcoin Correction Healthy, Macro Data Key to Breakout Ruslan Lienkha, Chief of Markets at Youhodler, views the recent net distribution by large holders as a correction within … Read more
Athletes Unlimited Softball League (AUSL) begins their inaugural season on June 7 with the … More partnership and support of Major League Baseball. In the picture, from left to right: Montana Fouts, Odicci Alexander, Sis Bates, Skylar Wallace, Amanda Lorenz, Aliyah Andrews, Maya Brady, and Aleshia Ocasio. Athletes Unlimited (AUSL) Major League Baseball announced investment … Read more
Ark Labs has officially launched Arkade, a Bitcoin-native execution layer designed to unlock programmable financial applications using Bitcoin as it exists today. The announcement comes after a $2.5 million pre-seed funding round in August 2024, led by Tim Draper with support from Fulgur Ventures and Axiom. Arkade aims to create a new way to build … Read more
The Bank of Russia is cautiously opening up the financial system to cryptocurrency-linked products for qualified investors, but with strict conditions. Financial institutions can now offer non-deliverable derivatives, securities, and digital financial assets whose returns are tied to crypto prices, meaning clients won’t directly hold cryptocurrencies. The central bank mandates a conservative risk assessment approach, … Read more
Circle, the issuer behind the USDC stablecoin, has frozen $57 million worth of USDC connected to the LIBRA team, according to on-chain data. The move, first reported by Aggr News on X, shows two transactions marked as “freezeAccount,” on the Solana blockchain. Circle’s USDC Transfer Halt Exposes Centralized Control Behind Stablecoins As Circle centralizes control … Read more
Telegram, a messaging platform, raised $1.7 billion from investors in a recent bond offering featuring a 9% coupon that closed on May 28. According to Bloomberg, the company will use a portion of the proceeds to pay $955 million in debt from a previous bond issue set to mature in 2026. The remaining $745 million … Read more
Elon Musk confirmed that he’s quitting as the White House’s government cost-cutting czar after admitting it was an “uphill battle” trying to slash federal jobs and programs. Musk’s status as a Special Government Employee leading the Department of Government Efficiency (DOGE) meant that by law, he could only serve for a maximum of 130 days, … Read more
Crypto investment firm Paradigm has called on the U.S. Commodity Futures Trading Commission (CFTC) to develop a comprehensive regulatory framework specifically for decentralized finance (DeFi) perpetual derivatives, arguing current proposals focus too narrowly on centralized platforms. CFTC Advisory Committee Proposed for DeFi Perpetuals Paradigm submitted comments responding to a CFTC request for input on perpetual … Read more