Uniswap Protocol Revenue Nearly Triples After v4 Fee Switch as UNI Tops $4
Uniswap protocol revenue nearly tripled after enabling the v4 fee switch, with approximately $325,000 daily flowing toward UNI token burns. The token gained 16% over the week as liquidity providers and competing DEX founders reported reduced earnings from the fee change.
Read full story →Tether's Former CIO Heathcote Plans to Sell Equity Stake
Richard Heathcote, Tether's former chief investment officer, plans to sell part of his equity stake in the stablecoin issuer through investment bank PJT Partners. Heathcote held the CIO position until earlier this year before beginning the sale process.
Bitcoin Miner IREN Stock Surges 30% After CEO Says Demand Outstrips Supply
IREN stock increased 30% following the CEO's statement that demand for its AI computing capacity exceeds available supply. Daniel Roberts attributed the surge to customers wanting more computational resources than the company can currently provide.
NYSE-Listed AI Company Taps Lightning Network to Pay Employees In Bitcoin
An NYSE-listed AI company implemented the Lightning Network to pay employees their salaries in Bitcoin. The company enabled this capability after some employees requested Bitcoin compensation and found the process simpler than anticipated.