Ether.Fi DAO issued a new proposal to authorize the foundation to use some of the treasury funds for ETHFI token repurchase. According to the proposal, when the ETHFI market price is below $3, the foundation can perform repurchases from the open market or designated on-chain venues, with a total amount cap of $50 million. The plan aims to continue to accumulate ETHFI tokens and increase the proportion of the agreement revenue used for repurchases when the price falls below this threshold. All re...
NVIDIA CEO Huang Renxun: Will ship 20 million Blackwell Ruben graphics processing unit; NVIDIA (NVDA. O) expects to achieve $500 billion business scale in the next six quarters.
On October 10th, stablecoin agreement STBL announced a strategic cooperation with RWA agreement Ondo Finance. According to the cooperation agreement, STBL will issue USST tokens worth 50 million dollars with Ondo USD revenue tokens as the main collateral. USST is circulated in the DeFi field as permissionless collateral.
According to Cryptoslate, online platform Web3Bounty.io has launched a new bounty program designed to find leads and information about the misappropriation of about 456 million US dollar reserves of TrueUSD (TUSD) stablecoin. A bounty of $50 million will be offered to those who provide credible original information and help identify and recover these assets. Lead submitters are required to pass the real-name authentication of the platform, and the bounty will be distributed according to the cont...
On April 4th, Justin Sun officially launched the 50 million USD bounty program for FDT's suspected fraud incident (equivalent to about 10% of its liquidity-backed or stolen TUSD reserves) to recover TUSD reserves misappropriated by bad actors including First Digital Trust (FDT). It said: Any insider or whistleblower who provides important leads to help recover funds will be rewarded. Full Transparency: Dedicated Portal (#web3bounty.io) Coming soon, with real-time updates. Independent verificatio...
Fathom Holdings: Will buy up to $500,000 worth of bitcoin or bitcoin ETFs in the next two weeks.
On January 22nd, US President Trump announced the artificial intelligence project. Trump said that OpenAI, SoftBank and Oracle announced the establishment of the "Stargate (STARGATE) " project to invest at least $500 billion in artificial intelligence infrastructure. It is expected to create 100,000 jobs.
Tether's market value will increase by nearly $50 billion in 2024, and its investments, product line, and political influence across various industries will also be enhanced. Tether appears to have slowed some of its lobbying this year, spending just $360,000 on FTI government matters, according to OpenSecrets. That's about a 71% decrease from $1.24 million in 2023; $480,000 in 2022. Tether hired DMM Consulting, a lobbying firm in 2023 that also lobbied on behalf of El Salvador's Bukele governme...
According to Bloomberg End Point data, IBIT had a net inflow of $508.70 million yesterday.
Bitwise's chief investment officer says $500,000 is the right dividing line between early and late bitcoin, with the gold market now at $18 trillion and bitcoin at about $2 trillion. That makes the store of value market about $20 trillion. When bitcoin matures, it will at least split the market with gold. Today there are about...