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Dystopian Ways Government Can Fund Wars in a Crypto Utopia
The post explores five dystopian ways governments could exploit cryptocurrency to fund wars. These include confiscating funds via custodial platforms, using fractional-reserve “paper crypto,” front-running market moves before war announcements, monetizing war prediction markets, and even selling tokenized access to war footage.
While crypto has potential for good, the author highlights how its financial innovations could be twisted into tools for profiteering and manipulation by the military-industrial complex. A chilling “what-if” scenario.
Metaplanet remains active with its Bitcoin Treasury Plan, adding another $107 million in BTC | Investors reflect enthusiasm while industry observers express concerns
Japanese firm Metaplanet has acquired 1,005 more BTC, raising its total holdings to 13,350 BTC (worth $1.427 billion). Its strategy—using zero-coupon bonds and stock acquisition rights—has yielded a 348.8% return this year. However, concerns are rising over liquidity, refinancing risks, and Japan’s tax on unrealized gains.
While Metaplanet’s bold Bitcoin treasury plan signals confidence in BTC, analysts warn that market downturns or tax burdens could trigger serious financial strain.
3 for Web3: Will Stablecoin Regulation Lead to a Private Money Revolution
Three major updates are shaping crypto's future: the U.S. Senate passed the GENIUS Act, advancing stablecoin regulation with corporate giants preparing to issue their own; Blockworks introduced a Token Transparency Framework, sparking debate over self-regulation risks; and a new blockchain valuation model treats blockchains as economies using velocity metrics.
Together, these shifts signal a move toward institutional adoption and a possible future dominated by private, corporate-issued digital money over traditional fiat.
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Hacked Iranian crypto exchange Nobitex slowly restores services
Iran’s largest crypto exchange, Nobitex, is gradually restoring services after a $90–100 million politically motivated hack by a pro-Israel group. The attackers burned the stolen assets, making them unrecoverable. Nobitex is prioritizing verified users and has migrated to a new wallet system. Iranian regulators have since restricted exchange operating hours.
The incident underscores growing geopolitical cyber threats in crypto and the urgent need for stronger security and regulatory frameworks.