Ethena Labs Restructures ENA Tokenomics Model Ethena Labs recently announced a significant restructuring of its tokenomics model for the ENA token. This restructuring includes the implementation of mandatory vesting conditions aimed at promoting long-term holding among token recipients. The new changes will impact all users receiving ENA, especially those participating in initiatives like the Shard…
Welcome to the Monday Market Update A note from Citi: A Shift in Outlook Well folks, it looks like Citi has thrown a bit of a curveball in the world of finance today. In a surprising move, the global bank downgraded its outlook on European equities from ‘overweight’ to ‘neutral’. On the flip side, they’ve…
The Rise of BlockDAG in the Cryptocurrency Market Litecoin and Monero: Two Promising Digital Assets In the current expansion phase of the cryptocurrency market, Litecoin and Monero are two digital assets anticipated to perform well. These cryptocurrencies have shown promising forecasts without significant risks, making them attractive investment options for many traders and investors. The…
The Impact of Governor’s Pardon on Low-Level Marijuana Convictions Addressing Inequities in Maryland’s Drug Policies The governor of Maryland made a significant move on Monday by pardoning more than 175,000 low-level marijuana convictions. This executive action is a step towards addressing the disproportionate impact that the state’s drug policies have had on people of color….
SEC head of crypto asset enforcement David Hirsch exits agency Goodbye to a Crypto Enforcement Chief SEC crypto asset enforcement chief David Hirsch announced his departure from the agency on June 17. Hirsch said he served at the agency for almost nine years before his exit. He said he was “proud of the historic work…
Remembering Yip Wai-hong: A Musical Legacy A Father’s Day to Remember On a sunny Father’s Day afternoon, the world of music education lost a true legend. Yip Wai-hong, a devoted father and founder of two orchestras and the world’s largest children’s choir, passed away surrounded by his loved ones. Among them was his daughter, Yip…
Welcome to the Political Circus! A Bipartisan Act of Comedy By: Your Favorite Blogger Despite all their political differences, pro-Donald Trump House Oversight Committee Chairman James Comer (R-KY) and liberal Rep. Katie Porter (D-CA) joined forces in May for a bipartisan White House ethics bill. But the bill, according to The Hill’s Rebecca Beitsch, “fell…
Rising Ethereum Futures Open Interest Highlights Impact of SEC’s ETF Approval Onchain Highlights DEFINITION: The total amount of funds allocated in open futures contracts. Ethereum futures open interest has shown substantial volatility throughout 2024, significantly influenced by recent regulatory developments. Following the approval of spot Ethereum ETFs by the US Securities and Exchange Commission (SEC),…
