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.
Intel's Gaudi3: A Bold Step in AI Chip Competition, but with Challenges Ahead
One million addresses can now claim NFTs on Scroll's second layer, highlighting the growing interest and potential in Layer 2 networks.
NERC identifies cryptocurrency mining as a key stressor on the North American power grid, with Texas at the forefront, highlighting the need for policy reevaluation.
US Copyright Office rejects AI-generated artwork, challenging notions of authorship and creativity.
Arbitrum's network faced significant downtime due to sequencer and feed issues amidst increased traffic, affecting the ARB token's value.
The BONK token giveaway by Solana's Saga mobile phone has astonishingly surpassed the phone's sale price, igniting a surge in demand and market valuation, showcasing the volatile crypto-technology synergy.
The Scroll Origins NFT, a soulbound token exclusive to users engaged in the Scroll mainnet, marks a shift towards personalized, identity-centric digital assets in the blockchain realm.
Coinbase's legal clash with the SEC underscores the complexity in cryptocurrency regulation's evolving landscape.
Amidst conflicts, Mimic Shhans witnessed a decline, followed by the costly and decentralised deployment of MMSS, sparking questions about its growth in the competitive world of BRC-20 tokens.
The multifaceted ecosystem of MMSS unveils a decentralised community intertwining art, culture, and technology, poised for significant growth and cultural impact within the blockchain realm.