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Australian regulators say crypto is a debenture that requires regulation

Australian regulators say crypto is a debenture that requires regulation

The chairman of the Australian Securities and Investments Commission (ASIC) said his organization sees cryptocurrencies as debentures and therefore falls under the purview of regulators. The chairman of ASIC argued that many cryptocurrency investors are not aware of what...

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The Draft Foundation announced a 100 million token airdrop for Solana-based Dex users

The Draft Foundation announced a 100 million token airdrop for Solana-based Dex users

On April 16, 2024, the Drift Foundation, which backs Solana-based decentralized exchange (dex) platform Drift, revealed plans to distribute 100 million tokens to its users. The tokens will act as the governance coin of the platform, which will be...

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Liquid restaking protocol Puffer raises $18M led by Brevan Howard, Electric Capital

Liquid restaking protocol Puffer raises $18M led by Brevan Howard, Electric Capital

The round was led by Braven Howard Digital and Electric Capital, with investments from Coinbase Ventures, Kraken Ventures, Lemniscap, Franklin Templeton, Fidelity, Mechanism, Lightspeed Faction, Consensys, Animoca and GSR, the company said in a press release.

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The analyst estimates a $650K bitcoin price once ETF investors fully deploy the asset manager’s recommendations.

The analyst estimates a $650K bitcoin price once ETF investors fully deploy the asset manager’s recommendations.

Popular OnChain analyst Willy Wu predicts that the price of Bitcoin will rise to $650,000 at the peak of the bull market. His predictions rely on spot bitcoin exchange-traded fund (ETF) investors deploying their assets entirely based on asset...

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