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Professor Of Information - BTC_CRYPTO
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Lugano authorities recover Satoshi Nakamoto statue that was thrown in lake Authorities in Lugano, Switzerland, recovered a statue honoring Bitcoin creator Satoshi Nakamoto after vandals forcibly pulled it off its podium and threw it into a nearby lake. Satoshigallery, which has also installed copies of the statue in El Salvador and Japan, with plans for eighteen more, had offered a 0.1 BTC reward for its return, but confirmed no one will receive it since police retrieved the statue. Italian artist Valentina Picozzi designed the statue to honor Satoshi's pseudonymity with a transparent, see-through structure. A Change.org petition backed by Tether CEO Paolo Ardoino is urging the city to support restoring the statue, with costs covered by the artist and Satoshigallery.
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Metaplanet buys $54 million worth of bitcoin to maintain 7th place globally Japanese-listed bitcoin treasury firm Metaplanet disclosed it has bought another 463 BTC for $53.7 million, bringing its total holdings to 17,595 BTC â worth around $2 billion. The latest acquisition maintains Metaplanet's spot as the seventh-largest public bitcoin treasury company globally, sandwiched between Trump Media & Technology Group and Galaxy Digital. The purchase follows Metaplanet's Friday filing to raise up to $3.7 billion through issuing new perpetual preferred shares to further support its bitcoin buying strategy. Despite the news, Metaplanet's stock fell 7.2% in Tokyo on Monday, with its approximate $5 billion market cap currently trading at a 2.5x multiple to bitcoin net asset value.
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Lido lays off 15% of workforce for 'long-term sustainability' Ethereum liquid staking protocol Lido cut 15% of its workforce across Lido Labs, Lido Ecosystem, and Lido Alliance to reduce costs and ensure "long-term sustainability." Co-founder Vasiliy Shapovalov emphasized that the layoffs were cost-driven, not performance-related, despite the current DeFi resurgence. "This is a difficult decision, but one rooted in long-term resilience," Shapovalov said. "While it may seem counterintuitive amid a market upswing, the move reflects a deliberate commitment to sustainable growth, operational focus, and alignment with the priorities of LDO tokenholders." Lido remains a key player in the liquid staking niche with $31 billion locked, even as its LDO token slid 21.6% over the past week.
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đ Big August Launches at Pi Network! đĽ Pioneers, get ready for liftoff! Here's what's coming this August at the Pi Network đ đ ď¸ Pi App Utility Update đ˛ Enhancing the Pi app experience with more powerful tools for utility and real-world use! đ Mainnet Migration Boost đ¤ Seamless migration for more Pioneers to the Mainnet â faster, smoother, and more scalable than ever! đł PiPay V2 Onchain Integration đ Say hello to real onchain power with PiPay V2 â unlocking secure, decentralized payments across the Pi ecosystem! đŻ August is packed with progress â are you ready to ride the rocket? #PiNetwork #PiApp #MainnetMigration #PiPayV2 #CryptoUtility #Web3 #PiCoreTeam #BlockchainFuture
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đ¨ NEW SECURITY FEATURE IN PI! đ Now secure your Pi account in just 1 tap with PASSKEY! Pi Network is bringing next-level security for all Pioneers. Have you got this feature yet? đ Share your experience! #PiNetwork #Passkey #Security
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