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Safety Shot Stock Plunges 50% After $25M Bonk Memecoin Treasury Bet
Safety Shot Stock Plunges 50% After $25M Bonk Memecoin Treasury Bet

Shares of Nasdaq-listed beverage maker Safety Shot (SHOT) tumbled more than 50% on Monday after the company unveiled plans to allocate $25 million to Bonk (BONK), a Solana-based memecoin, as the centerpiece of its new corporate treasury strategy.

DeFi Planet·2025/08/12 13:30
MARA Expands Beyond Bitcoin Mining with Strategic AI Infrastructure Acquisition
MARA Expands Beyond Bitcoin Mining with Strategic AI Infrastructure Acquisition

MARA Holdings Inc. is embarking on a strategic transformation by moving beyond cryptocurrency mining into artificial intelligence (AI) infrastructure.

DeFi Planet·2025/08/12 13:30
Terraform Labs Cofounder Do Kwon Set to Change Plea in $40 Billion UST Collapse Case
Terraform Labs Cofounder Do Kwon Set to Change Plea in $40 Billion UST Collapse Case

Do Kwon, co-founder of Terraform Labs, is preparing to change his plea in the high-profile U.S. criminal case related to the 2022 collapse of the TerraUSD (UST) stablecoin that wiped out approximately $40 billion in investor value.

DeFi Planet·2025/08/12 13:30
Blue Origin Embraces Cryptocurrency: Pay for Spaceflights with Bitcoin, Ethereum, and Solana
Blue Origin Embraces Cryptocurrency: Pay for Spaceflights with Bitcoin, Ethereum, and Solana

Jeff Bezos’s aerospace company, Blue Origin, has announced that customers can now pay for spaceflights using cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), as well as stablecoins USDT and USDC.

DeFi Planet·2025/08/12 13:30
Flash
05:15
Movement integrates NEAR Intents to enable cross-chain yield
Foresight News reported that Movement will integrate with NEAR Intents, allowing users to deposit assets from more than 20 chains, including Tron, Ethereum, and Polygon, to earn stablecoin yields on Movement without manually bridging or managing Gas fee tokens. NEAR Intents automatically finds the optimal cross-chain route through its intent-solving network; users only need to state their objective, and the backend solver will handle routing and settlement. Builders can quickly access this yield infrastructure via a single API.
05:10
Loose monetary policy combined with high yields positions India's bond market as a "safe haven" among emerging markets.
(1) Since India announced on June 5 the removal of bond investment taxes for foreign investors and relaxed ownership restrictions, while also launching a series of measures to help stabilize the rupee exchange rate, global capital has been pouring into Indian government bonds. Following the reform, the overseas inflow into bonds meeting index inclusion criteria increased by 322.8 billion rupees (approximately $3.4 billion). However, part of this growth is also due to the addition of more bonds in this category. (2) Institutions such as Pictet Asset Management and Neuberger Berman are seeking to increase their exposure, and M&G Investments has also turned more optimistic after these measures were introduced. The head of Asian fixed income at M&G in Singapore stated that the differentiation between India and other emerging bond markets has become more evident; the latter's policy flexibility and credibility are more constrained. (3) Deloitte India stated that the tax incentives could boost foreign investor returns by 15%–20%. The Reserve Bank of India provides hedging cost subsidies for non-resident deposits and corporate external borrowings; these measures have helped the rupee rebound 2.5% from its historic low. Some investors said that while the medium and long-term outlook is positive, tensions in the Middle East currently remain an obstacle, though buying opportunities may arise in the coming months.
05:07
Hawkish remarks by Waller spark rate hike expectations, causing copper prices to fall more than 1%
Golden Ten Data reported on June 18 that remarks made by Federal Reserve Chair Walsh at his first press conference sparked market speculation about interest rate hikes. Subsequently, LME copper prices fell by more than 1%, erasing the gains from the previous week. Walsh repeatedly emphasized the Federal Reserve’s firm commitment to fighting inflation, leading futures traders to increase their bets on a possible rate hike as early as next month. For the metals market, this shift suppressed the earlier bullish sentiment seen this week—previously, the agreement between the United States and Iran to sign a temporary peace deal had boosted market risk appetite. The market believes that if the Federal Reserve adopts a more hawkish stance, it could dampen global economic growth and metals demand.
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