The Block
Quick Take Crypto billionaire Justin Sun will advise the Trump-connected World Liberty Financial project. The TRON founder invested $30 million into the project on Monday.
MicroStrategy, with a market cap of around $85 billion, currently holds 331,200 bitcoin worth about $30 billion.The stock’s 440% year-to-date surge has baffled some financial pundits, while others have cheered its corporate strategy.
Quick Take Maelstrom CIO Arthur Hayes shares his thoughts on the U.S. election, quantitative easing, memecoins and Bitcoin ETFs.
Quick Take Outlier Ventures’ Web 3 Accelerator Francesca Conti and BitcoinOS co-founder Edan Yago discuss the Bitcoin DeFi ecocystem and its future potential
Quick Take Uniswap Labs announced it will award a bug bounty worth up to $15.5 million to anyone who finds a critical vulnerability in v4 core contracts. The firm is calling it the “largest bug bounty in history.”
Quick Take Bitcoin’s price has declined by over 3% in the past 24 hours. According to Standard Chartered’s Geoff Kendrick, bitcoin’s price decline from its recent all-time high can be attributed to shifts in U.S. Treasury markets, which could temporarily weaken its appeal as a hedge.
Quick Take Zodia Custody partners with Securitize to offer compliant custody solutions for tokenized assets like BlackRock’s BUIDL. The partnership aims to support institutional adoption of tokenized assets, according to the Zodia Custody CEO.
Quick Take Ethereum and Bitcoin options traders are showing caution ahead of the release of FOMC minutes and Wednesday’s U.S. PCE data, analysts say. Traders will be closely monitoring this week’s economic data releases for signals on inflation progress and the likelihood of another rate cut in December.
Quick Take Talus Network has raised $6 million in a strategic funding round led by Polychain Capital at a $150 million valuation. The funding will help further develop the Talus ecosystem, including Protochain, the Nexus framework and an “AI dating experience” application.
