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Quick Take The firm filed a registration statement with the agency on Friday for the 21Shares Polkadot Trust. The ETF would trade on the Cboe BZX Exchange and would track the performance of DOT, the native token for the Polkadot Network.
Quick Take Grayscale Investments has launched Dogecoin Trust. The company said DOGE “has transitioned from a memecoin of a Shiba Inu to a tool for global financial inclusion.”
Quick Take LayerZero Labs has settled with the FTX estate on the legal battle surrounding the deal it had with Alameda Research days prior to FTX’s collapse. In 2023, the FTX estate sued LayerZero to claw back shares Alameda sold in exchange for writing off a $45 million loan.
- 17:14Trump: If Canada becomes the 51st state of the United States, it will be "exempt from tariffs"U.S. President Trump posted on the "Truth Social" platform Sunday morning local time, stating that if Canada becomes the 51st state of the United States, it will be "exempt from tariffs!" The president wrote: Therefore, Canada should become our beloved 51st state. Canadian citizens will enjoy much lower taxes, receive much better military protection and - exempt from tariffs.
- 17:13SUI fell below 3.5 US dollarsThe market shows that SUI has fallen below 3.5 US dollars, currently quoted at 3.49 US dollars, with a 24-hour drop of 10.51%. The market fluctuation is significant, please manage your risk accordingly.
- 16:52Data: 100 million XRP unlocked from the custodial accountAccording to Whale Alert monitoring, at 22:20 Singapore time, 100 million XRP (worth $283.89 million) were unlocked from escrow. In 2017, Ripple Inc. locked up 55 billion XRP (representing 55% of the total supply) in an escrow account based on the XRP Ledger. These escrow accounts are controlled by smart contracts and automatically unlock one billion XRP each month (originally set at one billion per month before 2020, later adjusted to 450 million per month). Not all of the unlocked one billion XRP enter circulation each time; Ripple typically only uses a portion of the unlocked tokens (such as for market sales), with the remaining part being re-locked into escrow for future release. In 2020, Ripple extended its escrow contract from 55 months to 70 months to further slow down releases.