Why Is IREN Stock Spiking Overnight?

Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more

The National Bank of Ukraine (NBU), after inspecting the activities of Trustee Global, said that the latter provides payment services in Ukraine without proper authorization. The regulator pointed to the transfer of funds without opening a bank account and execution of payment transactions with clients’ funds through the application. The company is obliged to stop […] Сообщение “Negative Precedent for the Entire Crypto Market”: NBU Partially Suspends Trustee in Ukraine появились сначала на INCRYPTED.

Democratic senators are seeking an investigation into potential ethics violations involving Trump administration officials in relation to significant cryptocurrency deals and national security.  The inquiry follows a New York Times report that highlighted two multibillion-dollar transactions with the United Arab Emirates (UAE), which raised alarms over the US decision to allow the Emirates to import […]