Solana Labs co-founder says DeFi will be cheaper than CEX

[Osero Completes $13.5 Million Financing] According to The Block, stablecoin yield infrastructure project Osero announced the completion of $13.5 million financing, led by Sky Ecosystem, co-led by Plasma, with participation from RedStone, Maple co-founder Joe Flanagan, USDT0 co-founder Lorenzo Romagnoli, and others. The financing was conducted in the form of SAFT, and the round was finalized in March this year.

According to a $30 million settlement agreement reached between the US Department of Justice and PayPal (PYPL. O).

Polish House Speaker W ł odzimierz Czarzasty announced that the parliament has begun reviewing four cryptocurrency regulation bills, involving proposals from the government, presidential office, Poland 2050 party, and Confederation party. The second reading vote is expected to take place on Thursday. The core disagreements include the scope of account freezing authority and the upper limit of fines for the Polish Financial Supervisory Authority (KNF). The presidential draft sets a maximum fine of 20 million zlotys (approximately 5.5 million US dollars), while the Ministry of Finance version raises it to 25 million zlotys (approximately 6.9 million US dollars). The opposition party PiS has submitted a bill to comprehensively ban cryptocurrency activities, which will be dealt with after the main bill is reviewed. Czarzasty also questioned the connection between funds in the cryptocurrency industry and political activities.

Delphi Digital has released a report titled 'How Far Can Saylor Stretch It', analyzing Strategy's Bitcoin funding expansion mechanism. The report points out that STRC has become the core financing tool for Strategy's continuous purchase of Bitcoin, but the BTC/share thickening effect of the common stock issuance is close to breakeven. The accumulated principal of convertible bonds is about 8.2 billion US dollars, and they will face centralized repayment pressure after 2027. STRC provides an annualized monthly dividend of approximately 11.5%, supporting BTC purchases but also increasing the dividend burden. If BTC prices remain flat and MSTR premiums cannot be recovered, financing gains may be diluted and dividend obligations offset. Although the company's $2.25 billion cash reserves can cover the $1 billion redemption pressure in 2027, the debt and dividend issues in 2028 still need to be resolved. The current authorized issuance limit of $28.3 billion may restrict the ability to purchase new BTC.

[Main password: Multi platform BTC main hanging wall appears, with a cumulative amount of nearly 68 million US dollars] The main large order is displayed on the K line in the form of a horizontal line, the thicker the line means the larger the pending order amount, and the longer the line represents the longer the pending order time