qfx Anyway, this new app is supposed to be the ultimate everything app. It combines crypto, social media, payments, mini-apps, and it’s all powered by their Ethereum Layer 2 Base network. I mean, why not just throw in a kitchen sink while they’re at it? 🛁
Tokenization is heating up, and Bitwise’s chief investment officer Matt Hougan says it might start moving crypto prices sooner than most expect. The idea of moving traditional assets like stocks and bonds onto blockchains has been around for a while, but Hougan says the industry is now seeing real signs of progress. It’s like the moment when the butler finally finds the missing silver spoon — things are about to get interesting.
In a thrilling Thursday House session, lawmakers voted 294-134 to pass the Digital Asset Market Clarity (CLARITY) Act, a bill aimed at establishing a market structure for cryptocurrencies in the US. Almost 80 Democrats voted yes for the Republican-led legislation, one of three bills expected to move through the chamber before Congress breaks for its August recess.
Bitcoin dominance is stumbling, said the wise sages of data: X
On July 9, the WLFI team sent a proposal to unlock the tokens. This Wednesday, the vote was closed with a unanimous result. The plan to unlock trading was backed by an incredible 99.94 percent of tokenholders. The WLFI posted on X (previously Twitter). They posted that it is, in the words of Lin-Manuel Miranda, the people have spoken, and that a detailed launch plan will be released soon. I’m sure they’re as excited as I am to see what happens next. 🎉
According to their 2025 Crypto Crime Mid-Year Update, the figures are staggering—$2.17 billion already pilfered from cryptocurrency services this year alone. Proving that the thieves have truly outdone themselves, surpassing the total losses of the entirety of 2024 in just the first half of the year. Bravo, hackers, what a record-breaking feat! 👏
It seems that XRP, the payments altcoin, may be gearing up for an explosive move as its Market Value to Realized Value (MVRV) metric is forming a golden cross. The last time this signal flashed bullish was in November 2024, when XRP experienced a triple percentage point explosion. 🚀
As the great Ethereum arms race heats up, GameSquare finds itself in the midst of a most thrilling adventure. With its recent public equity offering of $70 million, the company has secured the bulk of the funds necessary to expand its Ethereum treasury, a move that will undoubtedly make it one of the largest corporate ETH holders in the land 🌟.
According to the office of South Korean lawmaker Min Byung-deok, the Financial Intelligence Unit (FIU) discovered a whopping 9.57 million violations during their comprehensive inspection of Upbit’s operator, Dunamu, earlier this year. One can only imagine the look on their faces when they stumbled upon such a multitude of misdeeds! 🤣
Trump’s theory? The current interest rates are so high they’re basically costing the U.S. $360 billion a year in refinancing costs. No big deal. Just $360 billion. PER YEAR. Sure, that’s a drop in the ocean. Let’s just keep printing more money, shall we?
