Lifi Protocol has announced its support for Ondo’s tokenized stocks and ETFs on the Solana blockchain. This integration allows these financial products to be accessible across more than 1,000 apps and wallets. Such a move could significantly enhance the utility and adoption of Solana within the financial sector, as noted by the CryptoTwitter commentator @SolanaFloor.
Postquant Labs has launched a single programming layer that runs across competing quantum and classical hardware, which it calls the Quip Virtual Machine (QVM). It charges for computation with a gas model that is borrowed from Ethereum. The company stated that QVM is now live on its Aglais testnet at aglais.quip.network, with free compute credits
Strategy’s discretionary USD Cash fell to $447.3 million as the company spent another $193.1 million on STRC buybacks and raised its preferred-stock repurchase authorization to $3 billion. The Michael Saylor-led company disclosed on Oct. 19 that it bought Bitcoin for $22.1 million at an average price of $82,900 over the previous week. The acquisitions increased
Stablecoin Development Corp (SDEV), a company that’s designed to essentially hold and stake governance token SKY, has seen its stock price rocket nearly 1,000% — and subsequently plummet 92% — in a matter of weeks. Why it pumped and dumped so quickly isn’t clear. Protos previously reported on SDEV and it’s subsequent almost tenfold increase
While Protos has repeatedly covered the bizarre entity that is Justin Sun’s TRON Inc., including its string of merchandise for children, the stock price has continued to tumble. Now, it’s hovering minimally above the $1 threshold necessary to stay listed on Nasdaq. So what’s going wrong and is there any chance TRON can fend off
Ten Opt-Outs Claimed Against a Notice Listing Nine Figure co-founder Mike Cagney says 10 companies had opted out of tokenized stock issuance on OKXICE as of last week, a count that exceeds the nine objecting issuers named in the venue’s own October 15 notice. In his October 19 post, Cagney argued that companies should benefit
ALT5 Sigma, the $WLFI digital asset treasury firm where Eric Trump was a board observer, fell 96% after its deal with $WLFI was announced on Friday. Specifically, the firm, which is operated by AI Financial Corporation, saw its stock price fall from $8.97 before the deal was announced to $0.35. Trump’s role at this firm
Multicoin Capital, a leading investment firm in the cryptocurrency sector, announced that it will continue to focus on digital assets at a time when its competitors are shifting towards the artificial intelligence (AI) sector. It was revealed that the largest position in the company’s hedge fund is in Hyperliquid’s native token, $HYPE. According to Bloomberg,
In brief Bitcoin trades at $82,164, just above the a key support line, after touching $83,040 today and giving back part of the gain. Oil near $108, 3.7% inflation, and a 10-year yield above 5% keep rate-hike fears alive, while spot Bitcoin ETFs lost about $910 million in two weeks. Technical indicators on the charts