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Hoskinson proposes $100M ADA swap to boost Cardano DeFi #Cardano co-founder Charles Hoskinson has suggested converting $100 million worth of $ADA from the project’s treasury into a mix of bitcoin and Cardano-based stablecoins such as USDM and USDA. The move aims to boost the network’s #DeFi ecosystem by increasing #stablecoin issuance and total value locked (TVL). Hoskinson argued the sale would not negatively affect ADA’s price and described critics of the idea as inexperienced.
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TOP 10 COINS BY LUNARCRUSH ALTRANK $PEPE #HYPE $KAITO $BCH #ICP #LTC #TIA #AERO $BMT $RVN
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Gemini and Coinbase near EU-wide access as licensing dispute emerges #Gemini and #Coinbase are close to receiving licenses that would allow them to operate across the European Union under the bloc’s new Markets in Crypto-Assets (MiCA) regulation, sources say. The move highlights internal disagreements among EU regulators, as some countries, like Malta and Luxembourg, approve applications faster than others.
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Degen announces an airdrop for Binance Alpha traders #Binance airdrops 13,862 $DEGEN (~$53) to eligible users with at least 245 Alpha Points. Users can claim airdrop until June 15th at 7:00 UTC; otherwise, the reward will become unavailable. Сlaiming an airdrop will consume 15 Alpha Points. #Degen is a cryptocurrency that focuses on providing access to the world of decentralized finance (DeFi). The coin is mainly used within the Degen community, where users can explore #DeFi solutions and benefit from various financial services.
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SharpLink Gaming becomes largest public ETH holder #SharpLinkGaming has acquired 176,271 $ETH for approximately $463 million, making it the largest publicly traded holder of #Ethereum . The company used proceeds from recent fundraising efforts, including a $79 million at-the-market share sale, to fund the purchase. Over 95% of the #ETH is currently deployed in staking or liquid staking strategies. SharpLink is the first #Nasdaq -listed firm to adopt ETH as its primary treasury reserve asset.
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