Bookmarking Crypto Insights
DIGIT Morpho just made history. The decentralized credit protocol has closed a $175 million funding round, the largest raise DeFi has ever seen and the investor lineup behind it reads like a who’s who of the most serious capital in both traditional and crypto finance. The round was co-led by Paradigm, a16z crypto, and Ribbit Capital, … Read more
Bitmine Immersion Technologies has scooped up another 75,000 ether worth roughly $123 million, lifting the Tom Lee-chaired firm’s treasury past 5.4 million ETH and deeper into a multibillion-dollar bet on the network. A 75,000 ETH Buy in an Eight-Hour Window Bitmine Immersion Technologies (NYSE American: BMNR) acquired 75,000 ether on June 9 for about $123 … Read more
Bitget Wallet just opened a tokenized equity subscription for SpaceX through xStocksFi, giving regular crypto users a shot at price exposure to one of the most valuable private companies on the planet, with a $3 million total pool and a hard cutoff on June 11. The subscription is live right now and runs until June … Read more
South Korea’s national police has been battling crypto-enabled crimes from DPRK-state level threats to scams targeting retail investors. Go to Source
The Hyperliquid Policy Center and Paradigm say the Treasury’s money laundering rules for the GENIUS Act are too onerous for stablecoin issuers. Go to Source
The Open Network’s native token Toncoin is being renamed to Gram, with the ticker changing from TON to GRAM, effective June 15 at 12:00 UTC. The community has spoken with an 81.22% majority, the rollout is already underway, and every exchange, wallet, and block explorer in the ecosystem has a hard deadline to complete the … Read more
Morpho has raised $175 million in a funding round led by Paradigm, A16z Crypto, and Ribbit Capital. The DeFi lending protocol is now valued at about $2 billion as it expands from crypto-native markets into institutional finance. Morpho Targets Institutional Finance as TVL Hits $6.6B Morpho has raised $175 million in fresh funding, giving the … Read more
“The same insider trade that improves the accuracy of the price today can reduce the participation that makes the price informative tomorrow,” said Balbinder Singh Gill. Go to Source
$61 an hour by 2034 is where union housekeeper pay is headed under a strike-averting deal that lifts wages 50% over eight years, putting full-time earnings at $100,000 to $110,000 by 2032. In a market where Manhattan rooms already average between $500 and $600 a night, rates are expected to climb another 50% to 60% … Read more
Venture capitalist Simon Dedic said Anthropic’s latest AI models drop the cost and skill needed to find crypto exploits to “basically zero.” Go to Source