Plume Vaults Expand to Monad and Robinhood Chain Plume has launched its Real-World Asset (RWA) vaults on Monad and Robinhood Chain, with plans for further expansions. Users can now invest in vaults such as nOPAL, which boasts $115.4 million in assets, primarily composed of FX-hedged Brazilian credit card receivables. Additionally, the FACTOR vault, with $8.2 million, supports invoice financing for businesses. This expansion comes as Monad attracts $47 million in net RWA inflows, contrasting with Ethereum's outflow of $618 million. Plume currently manages approximately $188 million across its

DWF Labs affiliates, DWF Maas and Falcon Digital, have filed a lawsuit against BitGo in London's High Court, seeking $141 million. The plaintiffs allege that BitGo purchased Falcon Finance and ESPORTS tokens at a discounted rate through OTC deals, later selling them before agreed lock-up periods expired. This alleged premature selling reportedly led to a significant drop in token prices, including a 90% crash of ESPORTS in May. While no direct link has been established between the crash and BitGo's actions, the case highlights ongoing tensions in the crypto market related to token sales and pr

A recent report from Bank of America reveals that ten AI companies now account for approximately 41% of the entire US stock market, paralleling historical peaks seen during the Nifty Fifty and dot-com bubble eras. This concentration includes major players such as the Magnificent Seven, Broadcom, AMD, and Micron. With inflation concerns pushing bond yields higher and oil prices nearing $100, the potential for a market correction looms. The report warns that if these AI giants falter, the broader market could struggle, as many S&P 500 stocks are already trading below their 50-day averages. 😎202🤡