Leading bitcoin treasury company Strategy (MSTR) has proposed shifting the dividend payment schedule on its perpetual preferred equity, Stretch (STRC), from monthly to semi-monthly. The amendment, outlined in Strategy’s investor presentation, would keep the 11.5% annualized dividend rate and total annual obligations unchanged (currently $1.2… Read More
A cross-chain bridge holding nearly a fifth of a restaked ether token’s circulating supply just got drained, and the fallout is moving through DeFi faster than Kelp DAO can pause contracts. An attacker drained 116,500 rsETH (restaked ether) from Kelp DAO’s LayerZero-powered bridge at 17:35… Read More
Binance and Bitget, two major cryptocurrency exchanges, have opened investigations into trading activity surrounding RaveDAO’s RAVE token, after onchain sleuth ZachXBT alleged insiders engineered a large short squeeze that drove the token’s rapid rise. Crypto exchange Bitget’s CEO Gracy Chen said the exchange had “started… Read More
XRP is starting to outperform in a way that gets attention. The token is up about 8% on the week and around 3% on the day, pushing ahead of bitcoin and ether, but the move still looks controlled rather than explosive. That keeps the focus… Read More
World, the Sam Altman-backed digital identity project, has unveiled on Friday what it calls its most significant upgrade yet to World ID, positioning the system as “full-stack proof of human” infrastructure aimed at consumers, enterprises and AI agents. The overhaul, announced at an event in… Read More
Leading bitcoin treasury company Strategy (MSTR) has filed a proxy that, if approved, would allow for semi-monthly dividends on its STRC “Stretch” series of preferred stock. The move would have no effect on STRC’s annual dividend obligations or dividend rate (currently 11.5%), noted Executive Chairman… Read More
