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A proposed class lawsuit is asking Nike for $5 million in damages, claiming it broke consumer protection laws and various state unfair trade and competition laws. Nike has been hit with a class-action lawsuit that accuses the sportswear giant of operating a rug pull for shuttering its non-fungible token (NFT) platform RTFKT in January. A…
The company’s rapid accumulation of Bitcoin is acting as a reliable constraint on newly mined supply, argues author Adam Livingston. Michael Saylor’s Strategy is “synthetically halving Bitcoin” (BTC) by purchasing half or more of the newly minted supply from miners every single month, according to Adam Livingston, a BTC analyst and author of “The Bitcoin…
Bitcoin and crypto experienced a significant momentum shift this week as ETF inflows reached four-month highs. US President Donald Trump’s first 90 days in office have been miserable for Bitcoin (BTC) and the broader cryptocurrency industry. Despite positive regulatory developments, culminating in the first-ever White House crypto summit on March 7, digital asset prices have…
The lost funds represent about 12% of Loopscale’s total value locked (TVL), according to the DeFi lending protocol’s co-founder. Solana decentralized finance (DeFi) protocol Loopscale has temporarily halted its lending markets after suffering an approximately $5.8 million exploit. On April 26, a hacker siphoned approximately 5.7 million USDC (USDC) and 1200 Solana (SOL) from the…
Crypto market remains vulnerable to structural weaknesses, including the lack of weekend liquidity, despite a significant improvement in investor sentiment. Crypto investor sentiment has seen a significant recovery from global tariff concerns, but analysts warn that the market’s structural weaknesses may still result in downside momentum during periods of weekend illiquidity. Risk appetite appeared to…
The US President plans to host a private dinner for the top 220 holders of his TRUMP memecoin. United States Senator Jon Ossoff expressed support for impeaching US President Donald Trump during an April 25 town hall, citing the President’s plan to host a private dinner for top Official Trump memecoin holders. “I mean, I…
DeFi Development Corp is seeking to raise more capital for its Solana treasury and operational expenses. DeFi Development Corp (formerly Janover) aims to raise over $1 billion worth of capital to invest in Solana, the industry’s sixth-largest cryptocurrency by market capitalization. The Nasdaq-listed firm, previously a real estate financing platform connecting commercial property lenders and…
Tokenized real estate could top $4 trillion by 2035, reshaping property investment as blockchain adoption grows, according to a Deloitte report. Over $4 trillion worth of real estate could be tokenized on blockchain networks during the next decade, potentially offering investors greater access to property ownership opportunities, according to a new report. The Deloitte Center…
Bridge, Stripe’s stablecoin payments network, will power the company’s new product — something it says it has wanted to build for nearly a decade. Stripe, a global payments platform, is building a new US dollar stablecoin product for companies based outside the United States, the United Kingdom and Europe in a move that may further…
The healthcare company increased its Bitcoin yield by 23.5% year-to-date, indicating a higher ratio of BTC per outstanding share. Semler Scientific has bought approximately $10 million worth of Bitcoin since Feb. 14, the healthcare technology company said in an April 25 statement. The company purchased 111 Bitcoin (BTC) for $10 million at an average price…