// RECENT_TRANSMISSIONS (15 posts)
Texas Makes History: First State Treasury Buys Bitcoin
Texas Allocates $5M to Bitcoin via BlackRock ETF Texas officially added Bitcoin to its balance sheet November 20, becoming the first U.S. state to hold the asset in its public treasury. The state deployed $5 million into BlackRock’s iShares Bitcoin Trust (IBIT). Lee Bratcher, President of the Texas Blockchain Council, confirmed the purchase Tuesday. While […]
Ethena’s USDe Market Cap Halved, Sheds $7.6B as Yields Collapse
The market capitalization of Ethena’s synthetic dollar, USDe, has been slashed by 50% in the last month, falling from $14.8 billion to $7.2 billion. The $7.6 billion capital flight follows a sharp decline in the yield offered to holders. The core trigger for the collapse was the annual yield offered to USDe stakers falling to […]
Polymarket CEO Brands Rivals a ‘Scam’ Amid Nobel Probe
Polymarket CEO Brands Rivals a 'Scam' Amid Nobel Probe Polymarket CEO Shayne Coplan attacked regulated sportsbooks like FanDuel and DraftKings as a "scam" during a recent Axios BFD summit, a bold move for a company whose platform is under scrutiny for suspicious betting activity. The attack comes just a month after Norwegian authorities began investigating […]
Pump.fun Founder Denies $436M ‘Cash-Out’ Accusation
Pump.fun Founder Denies $436M 'Cash-Out' Accusation Pump.fun's pseudonymous co-founder, 'Sapijiju,' refuted allegations of a $436 million cash-out in an X post, labeling the claims "complete misinformation." The denial follows an on-chain report from analytics firm Lookonchain that showed wallets linked to the Solana memecoin launchpad moving hundreds of millions in USDC to the Kraken exchange […]
Klarna Taps Stripe to Launch KlarnaUSD Stablecoin
Klarna Taps Stripe to Launch KlarnaUSD Stablecoin Buy Now, Pay Later firm Klarna is launching a stablecoin, marking a sharp reversal for its formerly crypto-skeptic CEO. In a press release Tuesday, the Swedish fintech company announced KlarnaUSD, a new stablecoin built in partnership with payments giant Stripe. The project targets the $120 billion cross-border payments […]