News Heat Trend
Project Overview
Buck is a Bitcoin-backed yield-based USD savings DeFi protocol that is implemented by holding Strategy Inc.’s STRC, whose preferred shares are over-collateralized by Bitcoin.
Event-related news
Related news
Buck Protocol Announces Shutdown; Holders Can Fully Redeem Assets
According to an official X post by Buck (@BuckToken), the Buck Protocol and its token have announced a smooth shutdown to make way for the project’s next phase. The official statement emphasizes that all holders will receive a 100% capital refund; STRC and USDC reserves remain intact and fully over-collateralized. The redemption window is now open with no time limit and will remain open until all users complete their redemptions.
UAE Investors Buck the Trend, Increasing AI and Crypto Holdings Amid Gulf Tech Ambitions Undergoing Conflict Stress Tests
According to CoinTelegraph, eToro’s latest data shows that during the sharp decline in AI and tech stocks in Q1 2026, investors in the United Arab Emirates (UAE) bucked the trend by increasing their positions—particularly in AI infrastructure and software stocks such as ServiceNow (+125%), Super Micro Computer (+65%), Adobe (+54%), and Oracle (+38%). Regarding crypto-related equities, Strategy Inc. remained the eighth-largest holding, reflecting investors’ continued exposure to crypto assets. Deutsche Bank’s report dated April 13 noted that this conflict is more likely to strengthen—not weaken—Gulf-region demand for AI, cybersecurity, and sovereign digital infrastructure.