๐ฝ Vivek Ramaswamyโs Strive looks to raise $150 million in secondary stock offering - link
๐ฝ Senate Agriculture Committee Released Updated Crypto Market Structure Legislation
The legislation gives the CFTC new authority to regulate digital commodities. A business meeting is scheduled for January 27 at 3 PM for markup. #regulation
The legislation gives the CFTC new authority to regulate digital commodities. A business meeting is scheduled for January 27 at 3 PM for markup. #regulation
๐ฐ๐ท๐งโ๐ป Hashed Unveils Layer 1 Concept for Upcoming South Korean Stablecoin Economy - #stablecoin link
๐๐ Tokenized Real-World Assets Reach $21B in TVL
#RWA sector continues to expand, both in total value locked and in the range of assets being tokenized. Long-term projections highlight the scale of this trend. McKinsey estimates the tokenized asset market could reach $2 to $4 trillion by 2030, while BCG forecasts a more aggressive $16 trillion scenario.
#RWA sector continues to expand, both in total value locked and in the range of assets being tokenized. Long-term projections highlight the scale of this trend. McKinsey estimates the tokenized asset market could reach $2 to $4 trillion by 2030, while BCG forecasts a more aggressive $16 trillion scenario.
๐ค Solana co-founder Toly proposed that the optimal capital formation model for early-stage projects should include staking mechanisms for long-term holders, releasing over 20% of tokens on TGE day, and minimizing investor involvement, with investors receiving a 100% unlock one year after TGE. He believes that teams and investors should not unlock on TGE day, and token distribution is better achieved through core user airdrops or fair auctions. link
๐บ๐ธ๐งโ๐ป BitGo Prices US IPO Above Marketed Range, Eyeing $212.8 Million Raise - link
๐ฆ The Senate Banking Committee has indefinitely postponed work on the bill regarding the structure of the cryptocurrency market after Coinbase exited the process. The resumption of work is not expected for several weeks. link
๐ฅท Saga pauses EVM chain following smart contract exploit - #hack link
๐ Hashed has released a litepaper for Maroo, a new L1 blockchain designed specifically for the Korean won (KRW).
theblock link
theblock link
๐ณ The "$3M Deposit to Short" whale has opened new short positions in $PEPE and $HYPE with 10x leverage. However, due to low margin, the whale got partially liquidated in all positions, and the market rose.
Current Stats:
- 1,609.89 $BTC ($144.76M)
- 31,732.34 $ETH ($95.78M)
- 2.55B $PEPE ($13.22M)
- 594,495 $HYPE ($12.94M)
- 527.308 $XMR ($270K)
The whale's profit has plummeted from over $24.8M to $3.4M. link
Current Stats:
- 1,609.89 $BTC ($144.76M)
- 31,732.34 $ETH ($95.78M)
- 2.55B $PEPE ($13.22M)
- 594,495 $HYPE ($12.94M)
- 527.308 $XMR ($270K)
The whale's profit has plummeted from over $24.8M to $3.4M. link
๐น๐ญ๐ Thailand's Securities and Exchange Commission (SEC) is preparing new regulations to support crypto ETFs, crypto futures trading, and tokenized investment products.
SEC Deputy Secretary-General Jomkwan Kongsakul stated that Thailand plans to issue regulatory guidelines for crypto ETF establishment early this year, advance crypto futures trading on the Thailand Futures Exchange (TFEX) with market maker mechanisms, and recognize digital assets as an official asset class under the Derivatives Act. #regulation link
SEC Deputy Secretary-General Jomkwan Kongsakul stated that Thailand plans to issue regulatory guidelines for crypto ETF establishment early this year, advance crypto futures trading on the Thailand Futures Exchange (TFEX) with market maker mechanisms, and recognize digital assets as an official asset class under the Derivatives Act. #regulation link