In true “turn off the taps” fashion, the protocol has disabled borrowing across all cauldrons. Why? Because it turns out security is as important as remembering to wear pants to a Zoom meeting. They’re now cozying up with blockchain security firms, hoping to trace the stolen cash like a lost sock in the dryer. 🧦🔍
Dubbed the “iShares Bitcoin ETP (IB1T),” this marvel of modern finance comes with a total expense ratio (TER) of 0.15%. A modest sum, to be sure, though it shall rise to 0.25% by year’s end, when the temporary fee waiver—like a fleeting summer romance—comes to an end. 💔
World Liberty Financial, the Trump family’s pet project, officially launched its USD1 stablecoin today, because who needs a functioning economy when you can have a stablecoin, right? 🤷♂️
Well, isn’t this just peachy? The crypto market has lost its momentum, and Bitcoin’s price has pulled back from its high of $89,000. Because, you know, that’s always a good thing. 😒
Securitize, a cunning master of tokenized securities, has unfurled the BlackRock USD Institutional Digital Fund (BUIDL) upon the Solana stage. This sumptuous $1.7 billion tokenized treasury fund marks a most illustrious milestone in the annals of institutional adoption.
As if a snail in a race, the price of Bitcoin (BTC) doth barely stir from its slumber of yesteryear.
“The whole tariff thing is like a bad relationship,” said Justin d’Anethan, head of sales at Liquify, to CryptoMoon. “One minute Trump’s all tough, the next he’s being nice, and everyone’s just sitting there, not sure whether to buy, sell, or cry into their coffee.” ☕
For the record, they paid an average of $88,824 per BTC, including fees, because who’s counting, really? It’s all part of their ingenious “let’s-put-most-of-our-eggs-in-this-one-possibly-volatile-basket” treasury strategy, which we’re sure will end wonderfully. 🙃
Solana (SOL), bless its heart, managed a minor victory, a mere speck of an increase, now prancing about $138. Not exactly revolutionary, wouldn’t you agree?