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Shares of Nasdaq-listed beverage maker Safety Shot (SHOT) tumbled more than 50% on Monday after the company unveiled plans to allocate $25 million to Bonk (BONK), a Solana-based memecoin, as the centerpiece of its new corporate treasury strategy.
MARA Holdings Inc. is embarking on a strategic transformation by moving beyond cryptocurrency mining into artificial intelligence (AI) infrastructure.
Do Kwon, co-founder of Terraform Labs, is preparing to change his plea in the high-profile U.S. criminal case related to the 2022 collapse of the TerraUSD (UST) stablecoin that wiped out approximately $40 billion in investor value.
Jeff Bezos’s aerospace company, Blue Origin, has announced that customers can now pay for spaceflights using cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), as well as stablecoins USDT and USDC.
- 18:57Poland's first Bitcoin ETF listed on the Warsaw Stock Exchange, boosting cryptocurrency adoptionChainCatcher news, according to Golden Ten Data, the Warsaw Stock Exchange has launched Poland's first bitcoin ETF, marking a significant step forward for Eastern Europe in adopting cryptocurrencies. This ETF allows Polish investors to gain exposure to bitcoin through standard securities brokerage accounts. In a press release on its official website, the Warsaw Stock Exchange stated that the ETF provides investors with an opportunity to access the cryptocurrency market through trading on a regulated securities exchange.
- 18:54Nasdaq-listed SunCar plans to spend $10 million to purchase cryptocurrencies.BlockBeats News, on September 18, Nasdaq-listed company SunCar announced that its board of directors has authorized the use of $10 million to purchase a selection of major cryptocurrencies, which are expected to benefit from the rapid growth of risk-weighted asset (RWA) tokenization. From a strategic perspective, SunCar believes that blockchain integration and risk-weighted asset (RWA) tokenization represent the natural evolution of its AI-based cloud technology in the fields of digital auto insurance and automotive services. (Businesswire)
- 18:53Plasma: 25 million XPL will be allocated to some early users, and stablecoins worth $2 billion will be put into use on the first day of launch.BlockBeats News, September 18, according to the official announcement from Plasma, after the launch of the mainnet Beta version, the Plasma team will additionally distribute 25 million XPL tokens to reward users who complete Sonar verification and participate in the public sale with small deposits. The official announcement also states that 2.5 million XPL tokens have been reserved for existing and future members of the Stablecoin Alliance. In addition, on the first day of Plasma's launch, stablecoins worth $2 billion will be put into use. The funds will be deployed across more than 100 DeFi partner platforms, including Aave, Ethena, Fluid, Euler, and others. The goal is to achieve instant utility: value-preserving savings, a deep USD market, and the industry's lowest USD lending rates.