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Storj files Chapter 11 and dangles equity at token holders
Storj Labs has filed for Chapter 11 bankruptcy in West Virginia, citing legacy obligations, while proposing equity stakes for $STORJ token holders and pledging to keep its decentralized storage network running.
Strategy starts buying its own preferred below par
Strategy repurchased 288,930 shares of its STRC preferred stock for $25 million at an average of $86.52, marking the first move under a $1 billion buyback program. The company's USD Reserve climbed to an all-time high of $3.75 billion.
Ondo drops the chain
Ondo Finance has rebranded its Layer 1 blockchain project as the Ondo Network, replacing a traditional replicated ledger with secure hardware enclaves. The pivot draws on technology acquired from Enclave Markets and is already powering $ONDO perpetuals trading.
SHIB holds its weekend gain as whales move at the top
Shiba Inu holds a 17% weekly gain as Santiment flags 52 large whale transactions and South Korean traders on Upbit account for over a tenth of global SHIB volume with no clear catalyst behind the move.
Mento Protocol Partners With Polygon Labs To Launch Institutional FX Infrastructure
Mento Protocol and Polygon Labs are teaming up to deploy an on-chain foreign exchange layer, starting with a USDm/EURm liquidity pool and targeting the $2 trillion daily Euro-Dollar market.
Coinbase Just Opened The Door To Solana And Base Memecoins
Coinbase has introduced a new Launches tab with real-time DEX trading for Solana and Base tokens, giving millions of users instant access to newly deployed on-chain assets and memecoins without waiting for traditional listings.
BNB Chain Records $6.7B in bStocks Volume
BNB Chain's bStocks tokenized securities platform has surpassed $6.7 billion in cumulative trading volume, accelerating rapidly from the $2 billion milestone just days earlier as demand for on-chain equities grows.
South Korea's Trading Giant Selects Injective for Blockchain Pilot...
POSCO International and LG CNS have selected the Injective blockchain to tokenize live trade receivables in a landmark proof-of-concept targeting the $5 trillion global trade finance market.
MoonPay & Tempo are powering stablecoin payments
MoonPay has partnered with Tempo to deploy USDC.e and PathUSD within its Ramp and Virtual Account systems, making MoonPay the official on-ramp for the Tempo blockchain ecosystem.
Massive Bitcoin Exodus From Binance...
On-chain tracker Lookonchain flagged two newly created institutional-scale wallets withdrawing 6,765 Bitcoin worth $441.34 million from Binance, signaling a major shift of spot liquidity into private cold storage.
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