Breaking: FTX founder Sam Bankman-Fried formally applies for a pardon from President Trump
If Sam Bankman-Fried did nothing illegal, he might have been the best VC in historyWhat SBF bought vs. what it's worth today:• Cursor: ~$200K → ~$3B (+1,499,900%)• Anthropic: ~$499M → $82.3B (+16,400%)• SpaceX: ~$200M → ~$15B (+7,400%)• Solana: ~$189M → $5.1B (+2,600%)• Robinhood: $612.5M → $4.9B (+700%)• Genesis Digital: $1.17B → $3.5B (+200%)Had he done nothing wrong, he'd have an estimated worth of $114,000,000,000 today
Solana
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- M
$BitMine Immersion Tech(BMNR.US)’s holding ETH and Ethereum network usage hit an all-time high with record-low fees. A white-hat developer unlocked 1,003 ETH (~$2 million) from a 2016 ICO bug, allowing nearly 50 investors to reclaim funds. Ethereum holds $179.2 billion in stablecoins (58% of the $308.6 billion supply across 40 chains), remaining the dominant stablecoin chain.
It leads crypto liquidity flow to BTC, with BSC and Solana as notable rails. The validator entry queue exceeds 3 million ETH with a 60-day wait. BTC and ETH ETFs saw over $2 billion in May outflows, while Ethereum stayed near $2,000.
Daily active users reached 650K, trailing BNB Chain (4.1M) and Solana (1.8M). Fourteen consecutive days of ETF outflows peaked at $17.91 million in a single day. The futures trading ratio is 93.93%, indicating leverage-driven volatility risk. Post-quantum EVM solutions remain undeveloped, leaving the network vulnerable to quantum attacks.
@Bridge Buzz SG
Trade Showcase: Trade, Show & Earn Rewards! - T
Is that a giant cup and handle on solana:Dz9mQ9NzkBcCsuGPFJ3r1bS4wgqKMHBPiVuniW8Mbonk ??
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$DeFi Development(DFDV.US)
The initiative involves acquiring a publicly listed Korean company, with management from Fragmetric leading the new entity.
The partnership includes a fee arrangement for services like asset management and technology support, with DFDV receiving an equity stake in DFDV Korea. The strategic move aims to provide institutional access to Solana in Korea's active trading market while expanding DFDV's global Treasury Accelerator program.
https://www.stocktitan.net/news/DFDV/de-fi-development-corp-and-frametric-labs-to-launch-korea-s-first-z8fhoeaq1ctr.html
First-Ever Korean Solana Digital Asset Treasury: DeFi Development Corp's Strategic Market Entry Plan Revealed
NASDAQ-listed DeFi Development Corp partners with Frametric Labs to establish Korea's first Solana DAT through public company acquisition. Deal includes management services and equity stake.
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