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@thaitu

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@thaitu
The Jakarta-based firm revealed that its board has approved the creation of a Bitcoin treasury reserve. DigiAsia says it intends to allocate up to 50% of its net profits toward acquiring Bitcoin, signaling a shift in how it plans to manage its capital amid growing corporate interest in digital assets. Notably, public companies continue to increase their exposure to Bitcoin, with Michael Saylor’s firm, Strategy, leading the charge.
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Public Companies Ramp Up Bitcoin Exposure Public companies continue to increase their exposure to Bitcoin, with Michael Saylor’s firm, Strategy, leading the charge. The Virginia-based company recently announced it would double its capital-raising efforts to $84 billion in order to acquire more Bitcoin.
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Moreover, Fold claims it has grown fast since its inception and has onboarded “hundreds of thousands” of users. These users earn rewards through everyday purchases, debit card use, and merchant integrations. Since the 2019 launch, users have stacked nearly $67.8 million, Fold says.
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Some have suggested introducing criminal liability for companies that fail to comply with the new law. But the FTS has urged leniency and suggested that some firms still need time to adjust to the new system. MIO firms typically provide space, equipment, and other facilities for mining crypto in custom-made data processing centers.
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A New Kind of Scam: Deepfakes, Romance, and Crypto Deception Today’s fraudsters are utilizing cutting-edge technologies, such as generative AI, to create audio and video deepfakes that convincingly impersonate family members or trusted contacts.
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@thaitu
Synthetix’s latest changes stem from SIP-420, a proposal that shifts debt risk from individual stakers to the protocol itself. Stablecoin Depegs Remain a Recurring Challenge Depegs in the stablecoin space are not uncommon. USDC briefly lost its peg in March 2023 after Circle revealed $3.3 billion in reserves were stuck with the collapsed Silicon Valley Bank.
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She added that U.S. economic strength depends on the perception of independence among key institutions like the Fed. “If interest rates in the United States are subject to a president who just wants to wave his magic wand, this doesn’t distinguish us from any other two-bit dictatorship,” Warren said.
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Sanctions by the U.S., most recently targeting the International Bank of Yemen on April 17, have further restricted access to financial services for the general population.
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The current Trade War has caused volatility across the board, and we can clearly see the remarkable difference between the likes of Bitcoin, which is down 30% from the peak, to some of the more risky cryptos that have been completely pulverized,” Quantum Economics founder and analyst Mati Greenspan told CryptoNews.
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Ripple said it plans to invest capital to expand Hidden Road’s services and strengthen its prime brokerage offering.
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The executive order signed by Trump imposes a 10% baseline tariff on all imported goods and introduces reciprocal tariffs aimed at leveling trade imbalances. Trump said the move targets the disproportionate tariffs imposed on U.S. exports by other countries.
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