Lido Token Bounces Back From All-Time Low Amid $20 Million Buyback Plan

Polymarket faced criticism for promoting bets on dildo-throwing incidents at WNBA games, with bettors trading nearly $500,000 on the controversial wagers. Critics argue that such promotions could encourage more disrespectful copycat incidents at the games.

Marex, in partnership with Brevan Howard Digital, is the first clearing firm to utilize JPMorgan's Kinexys blockchain platform for client settlements, enabling instant payments and reducing settlement risk, time, and cost.

Bitcoin's on-chain metrics suggest a potential stabilization as profit-taking activity decreases amid global market uncertainty. Glassnode's report notes an "air gap" in supply between $110,000 and $117,000. The decline in realized profits and profit-taking rate indicate a balanced market position.

A group of Republican senators has requested the U.S. Commerce Department to investigate potential national security threats associated with DeepSeek's open-source AI model, R1. Concerns include data leakage, support for China's military, and risks of misuse due to the model's design.

MetaMask is set to launch a stablecoin called mmUSD in partnership with Stripe, aiming to become the primary trading pair for its ecosystem. The proposal was leaked after a governance post for Aave mentioned integrating mmUSD, which is expected to enhance the MetaMask experience.

The Delhi High Court has ordered Zettai Pte Ltd, the owner of WazirX, to disclose its acquisition agreement with Binance and restructuring scheme details following a $235 million hack. The court intervention reflects growing scrutiny over WazirX's ownership structure and recovery efforts post-cyberattack.

Meta has removed over 6.8 million WhatsApp accounts tied to "pig butchering" scams in Southeast Asia this year, part of efforts to combat crypto theft by organized crime syndicates. The company proactively detects and shuts down accounts linked to scam networks in countries like Cambodia, Myanmar, and Thailand.

Bitcoin ETFs have experienced outflows for four consecutive days, totaling $1.4 billion in losses. Institutional investors are withdrawing funds after recent all-time highs, with sell-offs across U.S. funds tracking Bitcoin's spot price. Meanwhile, Ethereum ETFs saw inflows of $73.3 million on Tuesday, breaking a two-day losing streak.

AI is already integrated into American students' learning routines, with 36% using it in class and at home. Despite benefits like instant feedback, there are concerns about potential negative impacts on critical thinking skills.

The State of Michigan Retirement System has increased its Bitcoin exposure by tripling its shares of the ARK 21Shares Bitcoin ETF to 300,000, valued at $11.4 million in the second quarter. The pension fund, managing $19.3 billion in assets, also holds a significant position in Ethereum-linked investment products.