Gm Degens, 

Wait what’s this…? A new name?

That’s right, the Degen Digest is now known as the 13th hour! It’s a clever play on some underground crypto lore about the potentially not-so-secret identity of Satoshi Nakamoto… Interested? You’ll have to do some research but here’s a hint to get you started: 

Right, now that our big reveal is out of the way, let’s get into today’s news! 

Today’s crypto vibes? Power moves, exclusivity, and a dash of unexpected stability.

The rich get richer, institutions double down, and even memecoins are finding real-world use. 

Whether it’s billion-dollar bets or Bitcoin miners playing 4D chess, one thing’s clear – crypto’s evolving.

Here’s a run-through of the last 24 hrs 👇

1️⃣ Russia opens a VIP-only crypto trading club, leaving average investors out. 🚫💰

2️⃣ Abu Dhabi’s MGX makes history with a $2B stake in Binance, fueling AI-powered blockchain growth. 🏦🔥

3️⃣ $PENGU holders can now shop with their tokens, bringing real-world utility to NFTs. 🛍️🐧

4️⃣ Circle launches yield-bearing USDY, pushing tokenized assets into mainstream finance. 💵📈

5️⃣ Public miners secure cheap energy and custom chips to dominate post-halving BTC mining. ⚡⛏️

6️⃣ Crypto investors flock to $4.2B in tokenized U.S. Treasuries as a safe-haven play. 🏛️📊

🔴 Breaking: Russia finally warms up to crypto… but only if you’re filthy rich! 

The Bank of Russia is launching a 3-year crypto pilot, but unless you’ve got $1.14M lying around or make $570K a year, don’t even think about getting in on the action.

⚡ This exclusive, members-only crypto club lets HNIs and institutions trade digital assets (but not use them for payments – because, you know, logic).

Meanwhile, the average Russian still can’t buy coffee with crypto.

💡 Supposedly, this will set industry standards, boost transparency, and expand investment opportunities for “experienced investors” (translation: the elite).

Oh, and did we mention Russia’s also pushing its digital Ruble to dodge Western sanctions? Coincidence? We think not.

🚀 Is this a strategic power move or just another VIP-only playground? 

Either way, crypto bros in Russia better start hustling because this club ain't for the broke. 🤷‍♂️

🚨 Crypto history just got rewritten!

MGX, the Abu Dhabi-based AI powerhouse, just made a record-smashing $2 billion investment in Binance—the biggest single investment in a crypto company and the largest ever paid in stablecoin.

Oh, and it’s also Binance’s first institutional investment. Probably nothing, right?

Image Source

🔥 This isn’t just about cash. MGX is making a power move into crypto, securing a minority stake in Binance as part of a bigger bet on AI-powered blockchain solutions. 

Binance, already the largest and most trusted crypto exchange, now gets a deep-pocketed partner in its mission to shape global finance.

💡 With over 260 million users and $100 trillion+ in trading volume, Binance dominates the crypto world. 

This investment cements its lead, while MGX backs DeFi, tokenization, and a secure digital economy. 

Regulation? Binance CEO Richard Teng (a former regulator himself) is doubling down on compliance, security, and transparency.

🚀 Crypto isn’t going anywhere. It's scaling up. 

MGX and Binance are setting the stage for the future of finance. Want in? 

Keep an eye on this power duo as they reshape blockchain, AI, and digital finance at a massive scale.

Guess what? Those chubby NFT penguins 🐧 just pulled off a major flex. 

Pudgy Penguins has teamed up with Shopify Pay. Meaning $PENGU holders can now actually spend their tokens instead of just hoarding them like digital treasure.

Thousands of Shopify stores now accept $PENGU for purchases. Yes, you read that right.

🔥 This isn’t just another crypto partnership. 

By integrating with Helio Pay and Shopify Pay, Pudgy Penguins is pushing $PENGU beyond pure speculation.

Now, instead of just being a memecoin in your wallet, $PENGU has real-world utility—something most tokens only dream of.

💡 Think about it: More merchants adopting $PENGU means higher demand and a stronger position in e-commerce.

Suddenly, this token isn’t just Web3 hype—it’s a legit payment method.

The more businesses jump on board, the more valuable it gets. Who said NFTs were just overpriced jpegs?

🚀 The takeaway? Pudgy Penguins isn’t just here for the vibes; they’re rewriting the playbook for NFTs and crypto utility. 

If you’ve got $PENGU, it might be time to go shopping. If you don’t? 

Well, maybe it's time to reconsider who’s really winning in the Web3 space. NFA  🛒💳

Circle is at it again. This time, they’re bringing their $900M Hashnote Tokenized Money Market Fund (TMMF) under Bermuda’s DABA license. 

Because, obviously, nothing says "trust us" like setting up shop in a tax-friendly regulatory haven.

Remember $USDC?

Well, meet $USDY, its new best friend. Except this one earns yield. 

Thanks to the Circle-Hashnote bromance, $USDY is now being fully integrated with $USDC, making it the “preferred form” of yield-bearing collateral for exchanges, custodians, and brokers.

Sounds fancy, right? Basically, DeFi just got a TradFi makeover.

Tokenized real-world assets (RWAs) are apparently a $30-trillion market—because if you slap "tokenized" on something, suddenly it's worth trillions. Tokenized U.S. 

Treasuries alone now have a $4.2B market cap, proving that crypto’s new favorite hobby is reinventing traditional finance... but on-chain.

Crypto markets may be correcting, but tokenized U.S. Treasuries? They’re booming.

🚀 Market cap just hit a record $4.2 billion, up $800 million since late January.

Who’s leading the charge?

Meanwhile, Hashnote's USYC? Ouch. -20%, thanks to a DeFi drama involving Usual’s USD0 stablecoin.

What’s driving this shift? A “flight to quality.”

Just like TradFi investors dump stocks for Treasuries during downturns, crypto investors are rotating into yield-bearing assets instead of panic-selling.

During the November–January bull run, stablecoins outpaced treasuries.

But in this bearish phase? Treasuries are the new king.

Apparently, CZ is out here lobbying Trump for a pardon—except, plot twist, it’s completely made up. 

A wild mix of wishful thinking and bad reporting because why let facts get in the way of a juicy headline?

CZ had to step in himself to shut this nonsense down.

But hey, in a world where SBF is actually trying his luck with a Trump pardon, maybe the fake news wasn’t that far-fetched.

Stay sharp, degens. Don’t let clickbait drain your IQ or your bags. Verify before you amplify.

Public Bitcoin miners aren’t just surviving—they’re thriving. According to JPMorgan analysts, these big players are eating up an even bigger slice of the BTC network hashrate pie.

How? Vertical integration.

Translation: cutting out the middleman and securing their own power sources.

Basically, they’re making sure rising energy costs and BTC price swings don’t wreck their profits.

Bitcoin halving? ✅ 

Rising hashrates? ✅ 

BTC price volatility? ✅ 

Public miners are dodging all these hurdles by securing cheap power and better mining rigs because selling BTC to stay afloat is so 2023.

And since equity financing cooled off along with BTC prices, they’re shifting to debt financing to keep mining without dumping their coins. Smart move.

If you thought only small-time miners were feeling the squeeze, think again. 

Big public miners are locking in dominance

That’s a wrap, Degens! Uh I mean timekeepers! Still getting used to this… 

We are witnessing more players enter the arena, more institutions , more regulations and clarity but with it some more control and censorship.

Will everything turn out good? We don’t know what we will see.

But the rules are being rewritten. 

Whether you're here to build, trade, or just watch the chaos unfold, one thing’s clear—crypto isn’t slowing down. 

Stay informed, make smart moves and don’t be stressed

– Your head chronographer ⏰