Acting SEC Chairman Mark Uyeda stated that, pursuant to Executive Order 14192 “Unleashing Prosperity Through Deregulation” and recommendations from DOGE, he has directed SEC staff to promptly review several existing staff statements related to investment contract analysis of digital assets, developments in the crypto market, digital asset custody, and investment in Bitcoin futures by registered funds, for potential modification or rescission. — link : Wu Blockchain News
Almost every new listing on Binance in 2025 has underperformed BTC and ETH - 𝕏/@dethective : Leviathan News
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JUST IN: 🇺🇸🇪🇺 Elon Musk calls for the United States and Europe to establish a "zero-tariff" system and a "free trade zone." : Watcher Guru
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Cathie Wood's Ark Invest took advantage of the 5% drop in Coinbase (COIN) shares this Friday to buy 83,157 shares of Coinbase worth $13.4 million and included them in its three ETF funds. Affected by market turmoil, Coinbase's market value fell below $30 billion for the first time since September 2024. — link : Wu Blockchain News
The Block
Cathie Wood's Ark Invest buys $13.4 million worth of Coinbase shares following 5% dip
The Cathie Wood-led Ark Invest similarly bought COIN's dip in March, adding over $16 million worth of Coinbase stock to its funds.
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Gaming company Neon Machine is in deep financial crisis, with a large amount of debt outstanding and millions of dollars owed to external suppliers. The number of employees has dropped from a peak of about 100 to only about 12. The token SHRAP plummeted by more than 98%, and the co-founder was accused of continuous selling. Previously, Neon Machine had completed a $20 million financing led by Polychain. — link : Wu Blockchain News
Blockworks
Neon Machine’s Shrapnel is in the red: Sources
Documents and sources suggest Neon Machine is running out of cash and has laid off nearly all its employees.
The social media app Phaver has ceased operations, and the price of its token has fallen by 99% since the TGE in September 2024. Phaver team members said that Phaver paid more than $1 million for the listing of 5 CEXs, and the team did not sell tokens during the TGE, resulting in insufficient operating funds. — link : Wu Blockchain News
Kaia, a L1 formed by the merger of Klaytn developed by Kakao and Finschia launched by Line, has 9.78 million active addresses, setting a record high for four consecutive weeks, with 5.23 million new addresses that week; the number of transactions this week exceeded 40 million for the first time. Kaia TVL has not shown a significant increase. Kaia's strategy is similar to TON, trying to build a mini app. — link : Wu Blockchain News
Dune
Official Kaia Foundation Dune Dashboard | Dune
The industry standard for onchain data. Structured, institutional-grade blockchain datasets across RWAs, stablecoins, tokens, lending, and more. 130+ chains.
Jeff Park, an analyst at Bitwise, said that Trump's trade policy may trigger global macroeconomic turmoil and short-term financial crisis, but it will also accelerate the widespread adoption of Bitcoin as a value storage tool, and global funds may flow into inflation-resistant, non-sovereign assets such as Bitcoin for risk aversion. — link : Wu Blockchain News
Cointelegraph
No country wins a global trade war, BTC to surge as a result: Analyst
Market analysts and economists forecast a major global economic shift exacerbated by US President Donald Trump's trade tariffs and the ensuing trade war.
A resolution proposed by the Democratic Party in the House of Representatives of Georgia, a state in the United States, recommends that the state Department of Education introduce educational content about "blockchain, cryptocurrency and Web3" in the K-12 (kindergarten to 12th grade) curriculum because "Bitcoin is becoming increasingly accepted and is often used instead of traditional currencies." — link : Wu Blockchain News
According to the latest Forbes survey, Wall Street elites' support for the Trump administration's economic policies has dropped significantly. 72% believe that Trump's economic plan is ineffective, and 66% say they do not support his economic policies. On the issue of tariffs, Trump's score is 1.86 out of 5. — link : Wu Blockchain News
Forbes
Exclusive: Wall Street Sours On Trump
A new Forbes survey of Wall Street heavyweights shows many who supported Trump’s economic promises have abandoned him – and a vast majority disapprove of the President’s economic policies.
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CZ and Vitalik attended the opening day of the MVB 9th Season offline acceleration camp held by BNB Chain in Hong Kong. The first day's agenda included topics such as product market fit, financing strategies, and Web3 growth flywheels brought by BNB Chain, YZi Labs, and AWS. — link : Wu Blockchain News
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Dana (dm open; we’re hiring!) (@DanaBuidl) on X
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