Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Justin Sun has accused First Digital Trust (FDT) of stealing $456 million from client funds, claiming the money was moved to a Dubai company without consent or collateral. FDT denies the allegations, calling them malicious, while Sun calls for urgent regulatory action in Hong Kong to address the situation.
Justin Sun, the founder of TRON, has ignited discussions within the cryptocurrency community by proposing a reduction in TRX block rewards
The SEC, Tron Foundation, and Justin Sun have asked a federal court to pause the 2023 lawsuit to explore a resolution. The case involves allegations of unregistered TRX and BTT sales, market manipulation, and undisclosed celebrity endorsements.
Justin Sun, founder of the TRON blockchain, has increased his stake in World Liberty Financial to a total of $75 million by committing an additional $45 million into the project. Sun made the announcement on his X on Sunday, making him to the primary stakeholder of the cryptocurrency project associated with U.S President Donald Trump.
In a recent post on the X platform, Ethereum co-founder Vitalik Buterin praised the Celo blockchain for hitting a fresh milestone for stablecoin use on the platform.
A trader turned $1,200 into $10 million with Tron Bull (BULL) in three days, but the value soon fell by 60%, leaving them with $4.3 million. This dramatic rise and fall highlight the volatile nature of meme coins, as Tron-based tokens like BULL, SUNDOG, and SUNCAT show fluctuating prices and declining values.
Telegram founder Pavel Durov was arrested in France, exposing various legal problems existing in the Telegram platform. Binance’s listing of TON means that it has once again brought new legal risks to itself. Justin Sun and Binance’s first sister He Yi needs to find a new way out under the severe regulatory environment.
TRON DAO Reserve has moved support for USDD from Bitcoin to TRX with the transfer of 12,000 Bitcoin, raising questions about the stability of the stablecoin amid reliance on more volatile assets.
This follows an investigation stage initiated in October 2021, and a proposal outlined in June 2023.
Member states are expected to implement the rules by December 31, 2025
The decline in newcomer developers can be attributed to fewer new individuals venturing into crypto, which is likely a response to the bearish market conditions currently plaguing the crypto markets.
This revelation has sparked concern and caution among investors, primarily due to the ongoing challenges posed by inflation and market volatility. Despite these substantial unrealised losses, the bank still manages to maintain high-profit margins thanks to its attractive interest rates.
In an awe-inspiring feat of technology and gaming fusion, a skilled Pokémon Red player has leveraged the potent capabilities of Reinforcement Learning to teach artificial intelligence (AI) to conquer the captivating world of Pokémon. In a digital age marked by constant advancement, the convergence of AI and video games is a natural progression. AI has already showcased its creative talents in art and music, and now it embarks on the quest to become a gaming maestro.
The digital age has armed us with both the tools of deception and the tools of truth but the war against fake news is likely to be a continuous struggle.
US Lawmakers pressure the White House on cracking down the use of crypto for illicit purposes after Hamas attack.
Israeli authorities have taken strong measures to shut down cryptocurrency accounts and seize substantial digital assets to cut off financial ties between the crypto markets and Hamas, as a response to the group's attacks on Israel
The Shanghai Municipal Government has unveiled a comprehensive plan, titled the "Shanghai City Action Plan for Advancing New Infrastructure Construction (2023-2026)". This initiative seeks to revolutionise the city's infrastructure and services by harnessing the potential of emerging technologies such as artificial intelligence, blockchain, 5G, and digital twins.
In March, the investment company, which operates as an affiliate of Digital Wave Finance (DWF), entered the Orbs ecosystem through a token purchase of up to $10 million.