Libra1989

Tom Lee's Plan for Bitmine to Launch a Strategically Styled Stock Offering Bitmine (@BitMNR), in partnership with Tom Lee (@fundstrat), has filed to launch a public offering of perpetual preferred shares as it aims to expand its Ethereum treasury strategy. The company intends to issue 3 million shares with an annual dividend rate of 9.5%. Proceeds may be used to purchase additional $ETH and expand staking operations despite billions of dollars in unrealized losses.

$FET executing the plan (despite BTC s-show) 👇

This financial giant is directly praising Chainlink... A new report from @Citi, which claims that the tokenisation sector could grow to a crazy $8.2 trillion by 2030, also directly mentions @Chainlink. It highlights $LINK's Cross-Chain Interoperability Protocol (CCIP) as the 'standard' when it comes to financial connectivity and interoperability. Even the TradFi giants recognize Chainlink's potential...

NEAR Intents surpasses $20 billion in cross-chain transaction volume, doubling since February NEAR (@NEARProtocol) Intents has surpassed $20 billion in all-time total cross-chain transaction volume, with about half of that occurring since February. Independent data from Dune tracks this growth, with $10 billion in January, $18 billion by mid-May, so the growth rate is real. Using Chain Signatures, a NEAR account can trigger native transactions on Bitcoin, Ethereum, and over 35 chains without bridges. This has attracted Ledger, Brave, and applications like the Zcash Zashi wallet, while supporting NEAR's message as a payment system for the agent economy.

Starknet is turning privacy into its entire identity. @Starknet has gathered its privacy tools under a single banner, Shieldnet: shielded balances, private transfers, anonymous lending, and swaps. The highlight is strkBTC, a shielded wrapped Bitcoin, pegged 1:1 to native bitcoin. View keys allow users to disclose to auditors or tax authorities when they want. Privacy with a compliance switch.

Europe's biggest crypto ETP manager is moving its funds onchain. CoinShares (@CoinSharesCo), with around $10B under management, is taking fund settlement, NAV, and compliance onto Railnet (@railnet_org), a blockchain protocol, for a new hybrid strategy. It blends three yield sources in one regulated wrapper: DeFi lending, tokenized real-world assets, and basis arbitrage. CoinShares says it's the first regulated European manager to pull all three under one roof, operating under MiCA, MiFID, and AIFMD.

Europe has just set a strict deadline. No extensions. On July 1st, the MiCA grace period will end across the EU. Any exchange serving EU customers without a license will be breaking the law, facing fines up to €5 million or 5% of revenue. Estimates show that 41% of cryptocurrency app downloads in Europe over the past year were for exchanges not on the approved list. Millions of users and platforms may have to withdraw. One month left.

The House of Commons is calling on the Bank of England to withdraw from stablecoins. A cross-party committee of the House of Commons believes the BoE's proposed regulations are too heavy-handed and risk leaving the UK behind the US and EU. Their goal: to limit holdings to £20,000 per person and mandate that 40% of reserves be held in the central bank. The committee's argument is straightforward. The market for pound-backed stablecoins is still small and new. Don't stifle it with limits designed for risks that haven't yet emerged. With 98% of stablecoins pegged to the dollar, the UK has been playing catch-up.

Crypto has just launched a PAC to protect developers from the battle over the CLARITY Act. Defend Developers (@defenddevspac), led by Gavin Zavatone (@glzavatone), the policy lead at the DeFi Education Fund (@fund_defi), is organizing political fundraising around one provision: protecting developers who write decentralized software from legal liability for how others use it, or from being classified as money transmitters when they do not hold users' funds. Some law enforcement groups argue that this could hinder investigations into illicit finance. Supporters say that writing open-source code is not running a money business.

Bessent wants the CLARITY Act to be passed this summer. Treasury Secretary (@SecScottBessent) told a Senate Finance Committee hearing today to "support" the bill, a federal cryptocurrency regulatory framework as the key to making the U.S. the "innovation capital of the world." The clock is ticking: budget battles and the November midterm elections are about to consume the schedule. He also said that the bitcoin:native reserve strategy is "progressing," but at a "cautious pace." That is a notable dodge. A White House advisor promised to unveil a large reserve "within weeks" in April. Now it is June, and Bessent is calling the process complex.