#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
Synthetix: The sUSD staking requirement for debt forgiveness participants has been increased to 20% to drive the sUSD back to its peg.
PANews reported on May 30 that Synthetix announced on platform X that the SCCP-409 proposal has been approved, providing additional support for the peg of sUSD. The sUSD staking requirement for jubilee participants has increased from 10% to 20%. Currently, it is still possible to purchase the required sUSD at a price below 1 USD. This change aims to drive sUSD back to 1.00 USD. It will be implemented alongside the following measures: treasury buybacks, liquidity incentives, and Infinex activities. If users are participating in the jubilee, they must now stake 20% of the original debt in sUSD to continue reducing their debt; otherwise, their debt forgiveness will be indefinitely suspended until this requirement is met.