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Strategy's $21B Bitcoin Bet, MOVE Token Suspended, Worldcoin's Eye-Scanner, and DOGE's $4.7T FRAUD
In this episode of Protocol Pulse, we delve into the latest seismic shifts in the crypto and financial world:
Strategy's Bold Move: Despite reporting a $4.2 billion Q1 loss, Strategy (formerly MicroStrategy) plans to raise $21 billion through a stock offering to purchase more Bitcoin, reinforcing its position as the largest corporate holder of the cryptocurrency. (Saylor's Strategy reports fifth consecutive quarterly loss, announces $21 billion equity offering)
MOVE Token Suspension: Coinbase announces the suspension of trading for the MOVE token effective May 15, 2025, following concerns over market manipulation linked to Movement Labs' agreements with market-making firms.
Worldcoin's U.S. Launch: Sam Altman's Worldcoin project, now rebranded as World, launches in the U.S., introducing its eye-scanning Orb device across major cities to verify user identities and distribute WLD tokens. (Sam Altman's eye-scanning project launches cryptocurrency in the US)
DOGE's Treasury Findings: The Department of Government Efficiency (DOGE) uncovers $4.7 trillion in Treasury payments lacking proper tracking codes, raising serious concerns about federal financial transparency. (DOGE Uncovers $4.7 Trillion in Untraceable Treasury Payments)
Stay informed with Protocol Pulse as we navigate the intersections of technology, finance, and governance.
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