Revolut says no direct contact after $3 million public ransom demand
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Stablecoin publicly traded company Streamex has received approval for a $20 million share buyback program.
According to Mars Finance, the board of directors of Nasdaq-listed RWA and stablecoin service provider Streamex has formally approved a share buyback program. The total buyback amount is capped at $20 million, and the company may repurchase up to 10 million shares of common stock within the next 12 months at a maximum price of $2 per share.
Revolut Hackers Demand $3M Monero Ransom, Threaten to Sell Customer Data: Report
The group says it chose whom to target by scanning the blockchain for Revolut accounts holding significant crypto.
Ondo Perps' public beta launch saw $100 million in trading volume within 24 hours.
Odaily Odaily that Ondo Perps achieved a trading volume of $100 million within 24 hours of its public beta launch, with thousands of traders participating since then. Built on Ondo Finance technology, Ondo Perps is a platform that allows users to directly use tokenized stocks and ETF holdings as margin for perpetual contracts, offering non-US investors up to 20x leverage and covering popular assets such as Tesla (TSLA), Nvidia (NVDA), and Apple (AAPL), as well as commodities like gold and silver.
Huawei's "genius youth" Li Bojie responds to Du Jun's accusations: Investment funds not fully received, resignation approved by the board of directors.
According to Odaily Odaily, Du Jun, co-founder of Web3 venture capital firm ABCDE, previously publicly accused Li Bojie of lacking a sense of contract and sued Li Bojie and his partner Zhuang Siyuan for refusing to fulfill their contractual obligations to synchronize financial and business progress after receiving investment from ABCDE during the founding of Metagent in 2024, and subsequently disappearing without a trace. In response, Li Bojie stated, "The investment agreement stipulated that ABCDE Capital would invest $1.5 million, but only $500,000 was actually received, with the remaining $1 million still outstanding. The company's cap table still records the institution's equity based on a $1.5 million share. Due to the delayed investment, he and his co-founders voluntarily reduced their salaries, and the company faced difficulties in recruitment and R&D. In October 2024, due to personal family reasons preventing him from leaving mainland China, and because Web3 projects were non-compliant, he resigned from Metagent, with board approval. He stated that until his departure, as CTO and co-founder, he had consistently fulfilled his responsibilities by disclosing the cap table and business status on time, and in accordance with the non-compete clause in the agreement, his subsequent entrepreneurial projects intentionally avoided areas such as Web3, AI infrastructure, and image generation."
Revolut, OpenReserve get preliminary US bank approval with crypto plans
Revolut and OpenReserve received preliminary OCC approval to form US national banks, with both planning cryptocurrency and stablecoin-related services.
Solana Treasury DeFi Development Corp Eyes $20 Million Raise to Buy More SOL
The publicly traded company recently bought 19,000 SOL, bringing its treasury to more than 2.33 million SOL and SOL equivalents.