FOMO HOUR: A Daily Crypto & Web3 News Show
Crypto majors are mixed this morning; BTC even at $64.3k; ETH +1% at $1,750; SOL -1% at $73.60; HYPE -1% at $67.50. DEXE (+17%), VVV (+7%) and LIT (+7%) led top movers. Oil +1% at $77; Gold -0.5% at $4,225. Stock futures are flat and unchanged since Thursday. Franklin Templeton filed for ETFs that reinvest US stock dividends into Bitcoin, a novel structure that funnels the dividend income from equity holdings into Bitcoin accumulation instead of paying it out in cash. Strategy’s STRC fell to an all-time low of $83 on Thursday before rebounding to $88. The Federal Reserve proposed customer identification rules for stablecoin issuers, moving to require issuers to verify who their customers are as the federal framework for dollar-backed tokens takes shape. Jaredfromsubway.eth, Ethereum's most notorious MEV sandwich bot, was drained of more than $7.5 million after an attacker spent weeks luring it into approving fake trading routes built from spoofed tokens and pools, then used those approvals to siphon out its WETH, USDC, and USDT and wash some through Tornado Cash. Powered by https://myriad.markets/markets