🗞 Catch up on the news over the last 24 hours!
🇺🇸 Nvidia and AMD will pay 15% of China chip sale revenues to US government as part of the arrangement to secure export licenses from Trump administration for semiconductor sales, per FT.
🚨 $ETH hits its highest weekly close since Dec. 2021.
🚨 The LayerZero Foundation proposes $110M acquisition of Stargate (STG) token, offering STG holders ability to swap for ZRO at 1:0.08634 ratio to integrate the bridge protocol deeper into LayerZero ecosystem.
🔥 Nasdaq-listed CEA Industries bought 200,000 $BNB worth $160M, becoming the largest corporate BNB holder globally
⚡️ Ethereum developer Fede's Intern reportedly detained in Turkey over allegations of assisting in "misuse" of Ethereum network.
⚡️Samson Mow says Ethereum investors are rotating their Bitcoin to pump ETH on new narratives like Ethereum Treasury companies, then dump ETH at highs to rotate gains back into BTC, warning "No one wants ETH in the long run."
⚡️ Rumble to acquire AI firm Northern Data, in a ~$1.17B all-stock deal with Tether backing.
🔥 Strategy bought 155 $BTC for ~$18M.
⚡️ Chainlink and Intercontinental Exchange launch real-time FX and precious metals data onchain.
🔥 Trump Media filed an amended S-1 for the Truth Social Bitcoin ETF, holding BTC directly with Crypto com as custodian.
🔥 ALT5 Sigma raises $1.5B to launch $WLFI Treasury Strategy, acquiring ~7.5% of total supply.
🇺🇸 Paxos has applied for a U.S. national trust bank license, joining Circle and Ripple.
🇺🇸 President Trump has signed an executive order extending the China tariff deadline by 90 days.
⚡️ Safety Shot has formed a strategic alliance with BONK’s founding contributors, receiving $25M in $BONK tokens as part of a new treasury strategy.
🚨 Bloomberg reports that Terraform Labs co-founder Do Kwon may plead guilty in a U.S. fraud case over the 2022 $40 billion TerraUSD collapse, with a change-of-plea hearing set for Tuesday.
🚨 SharpLink Gaming to raise $400M through registered direct offering, bringing total $ETH holdings expected to hit over $3B.
⚡️Jack Dorsey's Block plans to offer a full-stack Bitcoin banking suite for small businesses.
Read more: ct.com
