Crypto Mumbles

*ROBINHOOD TO USE LIGHTER PROTOCOL FOR PERPETUAL FUTURES

$LIT

· XYZ:HOOD ($107.76)
· HYNA:LIGHTER ($1.8433)
· LIT ($1.8404)

APEWIRENEWS
https://t.me/apewirenews/1203

Robinhood Chain Docs

Robinhood Chain is a permissionless, Ethereum-compatible L2 focused on bringing RWAs on-chain, with the goal of enabling global, programmable, and self-custodied financial infrastructure

https://docs.robinhood.com/chain

Summary:

- USD Reserve policy: they are now committing to having at least 1y worth of dividends in it. They are also promising that it won't be used for anything other than div payments.

- STRC dividend: basically there is no clear guidance anymore, they are not guaranteeing a dividend increase even if it trades below par.

- STRC + other prefs buyback program: they are announcing that they might do it, but haven't done anything yet => Signal that they could buy these back if their price goes low enough

- MSTR buyback program: they are announcing that they might do it, but haven't don't anything yet. => Signal that MSTR mNAV *could* be defended below some threshold

- They remind everyone that they could be selling BTC for all sort of purposes, but still only sold MSTR and not BTC last week even at depressed mNAV

- They sold $1.1bn worth of MSTR shares to replenish the USD reserve, which now covers almost 1.5 year worth of dividends

https://x.com/saylor/status/2071565162377568377

Collector Crypt's $62M revenue is the same money, going in circles

Collector Crypt’s reported $62M revenue was almost entirely ($58M) recycled external deposits looped through automated buyback bots, not organic demand - evidenced by 93% volume from top wallets and metronome-like bots making identical $250 buys 20 hours/day

The vault holds real graded cards worth $18.6M and recycling was disclosed, but revenue equals the float with near-zero net value creation

https://x.com/johna2an/status/2071106458695901425?s=20

Hyperliquid has been added to the MAS's Investor Alert List (IAL). IAL listing does not constitute a ban, an enforcement action, or a finding of wrongdoing. The IAL provides a list of entities that, based on information available to MAS, may be wrongly perceived as being licensed or in any other way authorised or regulated by MAS. Many large exchanges and defi protocols have been included on the IAL.

Hyperliquid is permissionless infrastructure. It is not, and has never claimed to be, licensed or authorised by MAS, and no one should regard it as such. Nothing about the network has changed. As on other permissionless blockchains, users maintain self-custody at all times, and transactions settle transparently and fully onchain.

The Hyperliquid ecosystem remains committed to engaging collaboratively and constructively with regulators and institutions globally and to supporting clear, well-designed frameworks for onchain finance.

$jto performing as intended

STRATEGY'S STRC PREFERRED STOCK DROPS TO RECORD LOW $75

STRATEGY DROPS BELOW $90: INFINITYHEDGE