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- 04:03Senator Lummis: US Bitcoin Reserve Fund "Ready to Launch at Any Time"Jinse Finance reported that pro-cryptocurrency U.S. Senator Cynthia Lummis has confirmed that, despite legislative red tape hindering the funding of the U.S. Strategic Bitcoin Reserve (SBR), it can now “begin at any time.” In a post on X on Monday, Lummis stated that although legislative progress remains “difficult,” thanks to “President Trump, funding for the SBR can begin at any time.” It is still unclear how the SBR will be specifically financed. According to the government’s official fact sheet, the reserve will initially be “capitalized with bitcoin held by the Treasury,” which are bitcoins seized through civil or criminal proceedings. It then notes that additional BTC can be obtained through budget-neutral means that “will not impose incremental costs on U.S. taxpayers.”
- 03:41Elon Musk appoints former Morgan Stanley banker as new CFO of xAIJinse Finance reported, according to the Financial Times: Elon Musk has appointed former Morgan Stanley banker Anthony Armstrong as the new Chief Financial Officer of xAI.
- 03:29After DefiLlama delisted Aster, HyperLiquid returned to the top spot in 24-hour Prep DEX trading volume rankingsJinse Finance reported that after DefiLlama announced the delisting of Aster, HyperLiquid's 24-hour perpetual contract trading volume reached $9.975 billions, surpassing Lighter to become the number one in perpetual contract trading volume. Notably, Aster is still retained in the protocol fee ranking on the DefiLlama platform, with a current 24-hour fee income of approximately $2.81 millions, ranking eighth, slightly higher than Pump but lower than HyperLiquid.