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🔺 L1 DEEPDIVE:
TRON
DAO $TRX - @justinsuntron's layer-1 network @trondao is an ecosystem worth knowing about... ⬇️ https://bsc.news/post/tron-trx
#DAO
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🚨UPDATE: CETUS PROTOCOL OFFERS HACKER $6M BOUNTY TO RETURN $56M $ETH AFTER $223M EXPLOIT
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🚨JUST IN: CYBERCRIMINALS TARGET MACOS USERS WITH FAKE LEDGER LIVE APPS TO STEAL CRYPTO, MOONLOCK WARNS
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🚨 $BLUM'S TGE ANNOUNCEMENT: @blumcrypto has finally given its community insight into its developing TGE and listing plans... Catch up now 👇 https://bsc.news/post/blum-tge
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SEC ACKNOWLEDGES FIRST STAKED TRON ETF — IS MAINSTREAM STAKING FINALLY HERE? - The U.S. Securities and Exchange Commission (SEC) officially acknowledged Canary Capital’s filing for a staked $TRX ETF. - This acknowledgment, published as a notice by the SEC, brings the proposal closer to approval. - Canary Capital’s filing was submitted in April and is now under review on the Cboe BZX Exchange platform. - The fund, custodied by BitGo, offers investors exposure to TRX staking rewards—within a regulated, traditional finance structure. - TRX, launched by Justin Sun in 2017, currently ranks as the tenth-largest cryptocurrency by market capitalization, valued at around $26 billion. - This ETF would mark an important milestone for crypto ETFs focused on staking tokens, expanding investor options beyond typical spot or futures products. SEC Remains Cautious: - While it has opened the door to public comments on this filing, delays and extended review periods are common. - Recent reports show the commission has pushed back deadlines on other crypto ETFs, including those for XRP and Litecoin. - Market watchers expect any early approvals to be unlikely before late June or early July, with a higher chance of decisions coming in the fourth quarter.
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🤔$2.1B IN PREFERRED STOCK?! Strategy (formerly MicroStrategy) filed to raise billions—again—for more Bitcoin. But how sustainable is this aggressive model? Details you should know ⬇️ https://bsc.news/post/micro-strategy-to-raise-2-b-for-bitcoin
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