Hamster Kombat Rejects Venture Capital – 60% of HMSTR Tokens Benefit the Community
According to Crypto News Flash, Hamster Kombat has turned down offers from leading venture capital firms. The upcoming HMSTR token will be reserved for players, with 60% allocated specifically for them. Recently, Hamster Kombat (HMSTR) futures experienced a significant downturn, hitting an all-time low of $0.1645 on Sunday—a drop exceeding 45% from its peak earlier this month.
This decline has caused unease among investors and Tap-to-Earn game enthusiasts as the platform is expected to launch later this year. The uncertain future can be attributed to ambiguity surrounding the airdrop event in coming weeks; developers have revealed that only 60% of tokens will be distributed during this period.
KfW and Boerse Stuttgart Utilize Polygon for Tokenized Bond Issuance in ECB Test
Crypto News Flash reports that KfW and Boerse Stuttgart Digital are set to offer blockchain-based digital bonds using Polygon technology as part of a European Central Bank trial aimed at facilitating blockchain transactions with central bank money. Gaetano Panno, head of transaction management at KfW, emphasized their commitment to advancing digitization within issuance processes through these tests.
The collaboration between Germany's largest development bank (KfW) and Boerse Stuttgart Digital aims to introduce electronic securities under German law soon. This initiative follows previous efforts where Italian financial institutions issued similar blockchain-based bonds via the Polygon network (MATIC). As per CoinMarketCap data cited by Crypto News Flash, MATIC recently traded at $0.4198—showing slight increases over recent days.
LUNA-News: Three Arrows Capital Seeks $1.3 Billion Compensation from Terraform Labs
Three Arrows Capital (3AC) claims losses amounting up to $1 billion due primarily to manipulative practices allegedly conducted by Terraform Labs' leadership team, resulting in massive devaluation across TerraUSD and LUNA assets. According to the latest coverage provided exclusively by Crypto News Flash, a lawsuit filed against Terraform Labs accuses company officials of inflating asset valuations artificially, causing substantial damage—especially when considering how initial investments worth approximately $462 million dwindled drastically, reaching mere thousands.
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