FOMO HOUR 181 – GIGA HITS $300M

Franklin Templeton, trillion-dollar asset managers, have become part of the blockchain scene with the release of their Bitcoin ETF and dedicated Web3 development team. The institution is expanding its reach, releasing a report on the benefits of DeFi Lending Protocols and how they compare to current TradFi investments. The report shows that DeFi networks like…

The crypto market has delivered its biggest success stories through meme coins. From lighthearted memes to global brands, Dogecoin, Shiba Inu, and Pepe Coin proved that even the smallest bets can snowball into millions. Yet, as powerful as their rallies were, the next millionaire-maker may not come from these old names. Instead, a new ETH-based…

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USDT issuer Tether has been dealt a blow in its multibillion-dollar lawsuit with Celsius after a US bankruptcy judge ruled that the lawsuit can proceed. The judge denied Tether’s attempt to dismiss claims that it “improperly” liquidated Celsius’s Bitcoin collateral during the crypto lender’s collapse in 2022. Per court documents filed in New York on…

Kraken Wallet now offers encrypted iCloud backups for your secret recovery phrase (SRP). This feature provides a simple and secure way to store your SRP and recover your wallet, helping ensure you always have access to your cryptoassets.  Self-custody with peace of mind Kraken Wallet users enjoy the freedom of self-custody, retaining full control over…