Justin Sun is now a Forbes-listed billionaire, joining fifteen other crypto moguls with a combined net worth exceeding $164 billion. According to the Forbes World’s Billionaires List 2025, Sun’s $8.5 billion net worth places him at number 353, despite Arkham Intelligence’s $1.4 billion estimate in January 2024. Changpeng “CZ” Zhao, former Binance CEO, remains the … Read more
WhiteBIT Nova has processed over 1 million transactions, suggesting crypto cards are making digital assets practical for everyday spending. These cards bridge the gap between cryptocurrency and conventional payment methods, offering benefits like enhanced privacy and crypto rewards. The global crypto credit card market, valued at USD 1.3 billion in 2024, is projected to reach … Read more
Republicans Jimmy Patronis and Randy Fine, both backed by the crypto industry, have won special elections in Florida for the 1st and 6th Congressional Districts of the US House. Fairshake, a crypto-backed PAC supported by Coinbase, Ripple, and Andreessen Horowitz, contributed roughly $1.5 million to the campaigns of Patronis and Fine. Jimmy Patronis secured the … Read more
Kentucky is the latest state to back away from its legal fight with Coinbase over the exchange’s staking rewards program. The Kentucky Department of Financial Institutions dismissed its lawsuit on April 1, joining Vermont and South Carolina in dropping similar actions. Kentucky was one of 10 states that initially sued Coinbase in June 2023, the … Read more
Bitfarms is betting big on data centers, securing a $300 million loan from Macquarie Equipment Capital to get there. The Canadian Bitcoin mining firm finalized an agreement on April 2 for the private debt to boost its Panther Creek data center project in Pennsylvania. Bitfarms will initially receive $50 million, with the remaining funds released … Read more
Kristin Smith, CEO of the Blockchain Association, is stepping down next month to lead Solana’s Policy Institute as its president, effective May 19. Her departure from the Blockchain Association, where she helped influence the election of a pro-crypto president, is set for May 16. The Blockchain Association’s Board of Directors, according to communications lead Curtis … Read more
South Korea’s 7-Eleven stores are now accepting central bank digital currency (CBDC) payments as part of the country’s CBDC project test phase, running from April 1 to June 30. The convenience store chain will reportedly offer a 10% discount on all products purchased with CBDC during this trial period, according to Moon Dae-woo, head of … Read more
BitMEX co-founder Arthur Hayes is betting big: He predicts Bitcoin could skyrocket to $250,000 by 2025 if the U.S. Federal Reserve pivots to quantitative easing. Hayes believes a Federal Reserve pivot to quantitative easing (QE), involving bond purchases and injecting money into the economy, could fuel Bitcoin’s 2025 rally. QE aims to lower interest rates … Read more
Pi Network’s token, PI, is dangerously close to its all-time low as a substantial number of tokens are about to enter circulation. With over 126.6 million PI tokens scheduled to unlock this month, representing nearly 1.87% of the current supply, the price is feeling the pressure, currently hovering around $0.6722—not far from February’s record low … Read more
Kraken is doubling down on Canada as other crypto players retreat, securing a restricted dealer registration just months after rival exchange Gemini pulled out of the country. Announced on April 2nd, the registration underscores Kraken’s commitment to Canadian investors and comes as the exchange holds over $2 billion Canadian dollars—$1.4 billion USD—in custodied assets for … Read more