Arbitrum DAO has approved a pilot merger and acquisition plan proposed by Areta's founding partner Bernard Schmid for a period of eight weeks. Areta is a company that provides investment banking services for cryptocurrency companies. This lays the foundation for Arbitrum DAO to learn from the strategies of large technology companies. The proposal states: "In addition to conducting in-depth strategic research on the potential increase in merger and acquisition value, the pilot phase should also serve as a data-based platform for in-depth discussions, rather than opinion-based." If the pilot is successful, Schmid plans to propose a more ambitious plan: to establish a merger and acquisition department with a fund pool of $100 million to $250 million and identify and acquire potential targets within two years. The report commented that although large technology companies have long used mergers and acquisitions to drive their rapid growth, this is relatively rare in the cryptocurrency field. The report also pointed out that Arbitrum DAO has a fund of $3 billion.
#芝商所拟推出比特币现货交易

BlackRock updated the official data of its Bitcoin exchange-traded fund on May 16th. As of that day, IBIT, the fund's subsidiary, held 276,190.0331 BTC, an increase of 1,434.8912 BTC from the previous trading day. The current market value has risen to $18,035,164,973.72, with a circulation of 482,480,000 shares.
#芝商所拟推出比特币现货交易

According to @ai_9684xtpa monitoring, after two weeks, the whale who lost over 4 million US dollars in leveraged ETH long position in April 2024 has once again gone long.10 minutes ago, the whale transferred 3400 ETH from Binance and deposited 7 million USDT into Compound for borrowing, and has now recharged into Binance for future purchases.
#芝商所拟推出比特币现货交易

20 minutes ago, investment firm Spartan Group withdrew 140,000 LINK (worth 2.31 million US dollars) from Aave and deposited it into Binance. These LINK tokens were previously withdrawn by Spartan Group from Binance at a price of 6.55 US dollars between July and September of last year. They are now being sold at a price of 16.5 US dollars, resulting in a profit of 1.39 million US dollars (+152%).
#芝商所拟推出比特币现货交易

Ethereum Layer 2 network Blast has announced that its airdrop activity will start on June 26th. In response, NFT aggregation service provider Blur on X platform stated that since it has been confirmed that Blast will support Blur Season 3, and the current airdrop schedule has been updated to June 26th, Blur Season 3 will also end on that day. In addition, Blur founder Pacman also noted that there is some confusion in the community about whether the airdrop distribution will increase and whether Gold will be added, and it is reported that the actual scale of the airdrop is increasing at a rate that adapts to the delay.
#芝商所拟推出比特币现货交易