US Government Owns $17.6 Billion Worth of Cryptocurrency
In total, the US government holds $17.6 billion worth of cryptocurrency, including 198,000 BTC ($17.28 billion), 61,000 ETH ($126 million), 40,100 BNB ($25.24 million) and 122 million USDT.
Fed Member Kugler: Interest Rates May Remain Stable for Longer
Fed member Kugler stated that interest rates may remain unchanged for an extended period of time depending on current economic data and uncertainties in trade policies.
Trump Family’s Crypto Project WLFI to Launch USD1 Stablecoin
The Trump family’s crypto project WLFI introduced the USD1 stablecoin, which will be minted on Ethereum and Binance Smart Chain. USD1 will be backed 100% by US dollars and short-term government bonds and its reserves will be stored.
KULR Technology Continues Bitcoin Purchases
KULR Technology bought 56.3 BTC (average price $88.824) for $5 million. Thus, the company’s total Bitcoin assets increased to 668 BTC.
Chronicle Raises $12 Million in Funding Led by Strobe
Ethereum-based on-chain oracle service Chronicle has raised $12 million in seed funding led by Strobe (formerly Block tower Venture Capital). Brevan Howard, 6th Man Ventures and other investors also participated in the financing round. The funds will be used to develop the data infrastructure for tokenized assets.
BlackRock Moves BUIDL Money Market Fund to Solana
BlackRock announced a partnership with Securitize to expand its blockchain-based money market fund BUIDL to Solana. The company had attracted $40 billion in funds with its Bitcoin ETF launched in January 2024.
Nillion Releases Open-Source Code After Alpha Mainnet
Nillion has announced that it is releasing its core technology as open source after the launch of its Alpha core network. The company encourages the community to contribute to create a more private and secure internet.
by Darkex Research – 1 min read
