Floki on Course for Europe ETP as DAO Floats Proposal to Provide Early Liquidity
A Floki exchange-traded product is set to go live in Europe in early 2025, a project developer told CoinDesk.
Coinbase CEO, Other Crypto Insiders Billions Richer After Seeking to Steer Elections
Brian Armstrong, the Coinbase boss, already cleared an extra $129 million in personal stock sales over the pre-election price, and his stake in the company is up over $2 billion.
ESG-Focused Blockchain Trrue Secures $10M Investment Commitment From GEM Digital
GEM will receive tokens in exchange, while Trrue looks to develop blockchain technology with a focus on sustainability and regulatory compliance.
North Korea Blamed for May’s $305M Hack on Japanese Crypto Exchange DMM
Japanese police and U.S. agencies said the attack was “affiliated” with TraderTraitor, which is characterized by social engineering.
SOL’s Evolving Throwback Pattern Makes It Enticing for Breakout Traders: Godbole
The pattern has its roots in the behavioral aspects of trading and often sets the stage for bigger bull runs.
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions, Citing Energy Use: Tass
Temporary bans may be imposed in other regions during peak energy demand, Tass reported
Record $14B Bitcoin Options Expiry Looms as Market Looks Highly Levered-Up
Options expiry looks to stir things up in a market that appears highly leveraged to the upside, Deribit said.
Bitcoin Lull Could Spur Altcoin Rally, With $90K Considered ‘Attractive’ Buying Area
High volatility can be good for option buyers because it increases the chance that the option will be “in-the-money” (profitable) at some point before expiry — creating profit for buyers.
The Protocol: Trump Makes More Pro-Crypto Appointments
Also in this issue: Aptos Labs’ leadership shift and Sonic’s airdrop to TikTok users.
Solana Layer 2 Sonic to Airdrop SONIC Token to TikTok Users
Sonic built its game SonicX natively inside TikTok, attempting to replicate the success of TON blockchain küçük apps that were built inside Telegram.