Witt, executive director of the President’s Council of Advisors for Digital Assets, said his team has cracked the legal skeleton of the reserve and intends to act before fresh legislation lands on Capitol Hill.
The arrangement offers two doors: one where the assets linger under Standard Chartered’s watchful eye, a bastion of “bank-grade” custody for those who fear direct exposure to the chaotic pulse of a crypto exchange; the other where BUIDL sits on OKX itself, a yield-bearing margin for traders who crave the speed of execution. The old fear-FTX’s shadow-still sticks to the wall like a dried ink stain, but fear now wears a suit and speaks softly about “agnostic custody.”
Key Takeaways:
Block (XYZ), in an announcement that can only be described as glancing at their vault and saying, “Ooh, look at all that!” noted that it added 114 bitcoin in the first quarter. This brings its corporate stash to just shy of 9,000 BTC-worth about $691 million, assuming the price of magic internet money holds up and doesn’t go plummeting like a lead balloon.
Chiliz is turning its Fan Token circus into a cross-chain Broadway show, partnering with LayerZero so tokens can hop, skip, and waltz across blockchains like Solana and Base-and maybe a few behind-the-scenes punchlines you never saw coming. Wider liquidity? Global access? A grand entrance that would make a chorus line blush. Fans can engage more … Read more
So, after Musk called Altman “Scam Altman” on X (because nothing says “I’m serious” like a tweet), ZachXBT decided it was his moment to shine. He’s calling Worldcoin’s token structure “predatory”-basically, the crypto equivalent of a timeshare scam. And he’s not stopping there; he’s comparing them to Sam Bankman-Fried and FTX. Ouch. That’s like being compared to a pumpkin spice latte-everyone hates it, but somehow it keeps coming back.
Key Takeaways (For Those Who Skipped to the End):
Pinto’s worried that once the next administration rolls around, they’ll come back with a whole new set of “reputation risk” shenanigans. “Reputation risk is only as neutral as the administration wieldin’ it,” he warns, which is just a fancy way of sayin’ the Fed’s as fickle as a weather vane in a hurricane. “We need a stable standard,” he says, “not a game of musical chairs where the music stops at the worst possible time.”
Compound DAO, ever the gracious host, has proposed a modest donation of 1,900-3,000 ETH to DeFi United’s liquidity salvation project. At $2,300 per ETH, that’s roughly the price of a yacht… or a lifetime supply of existential dread for rsETH. The gesture arrives as protocols scramble to contain the fallout from a recent event that left DeFi’s liquidity pool looking more like a puddle.
The Office of Foreign Assets Control (OFAC), that paragon of fiscal diplomacy, has updated its sanctions designation of the Central Bank of Iran (CBI), adding new cryptocurrency wallet addresses to its list of Specially Designated Nationals (SDN). A list so exclusive, it’s rumored to require a passport and a PhD in bureaucracy to join.
