Category: crypto

President Trump admitted to not knowing Binance founder Changpeng Zhao before pardoning him. Trump believed Zhao was unfairly targeted by the Biden administration’s anti-crypto stance. The pardon sparked mixed reactions, with speculation on Zhao’s return to Binance and criticism from U.S. Senate Democrats over possible financial conflicts of interest.

HIVE Digital Technologies has expanded its Bitcoin mining operations to 23 EH/s, with significant growth in 2021. The company is building new data centers in Canada and retrofitting facilities in Sweden to support high-performance computing and AI applications. HIVE aims to operate over 36,000 GPUs globally by 2026.

Animoca Brands, a blockchain investment firm, plans to debut on Nasdaq through a reverse merger with Currenc Group, a fintech company. Shareholders of Animoca will own 95% of the merged entity, forming a diversified digital assets conglomerate. The deal is expected to close in 2026 pending regulatory approval.

Binance will donate 50% of GIGGLE memecoin trading fees to charity. Despite confusion over its connection to CZ’s Giggle Academy, Binance clarified the memecoin is unofficial. Following the announcement, GIGGLE’s price briefly spiked to $110 before dropping. The market has stabilized, indicating a cooling of speculative hype.

TIME Magazine has recognized “Crypto and Blockchain” as one of the 300 Best Inventions of 2025, marking a shift from niche to mainstream recognition. The industry is gaining global recognition, with growing government involvement and institutional participation. The list highlights innovations shaping modern society and acknowledges the industry’s role in reshaping financial systems and creative…

Ripple has launched a digital asset spot prime brokerage in the U.S., offering over-the-counter spot transactions for institutional clients, including XRP and Ripple USD. This expansion comes after acquiring Hidden Road and aims to provide a comprehensive offering for trading strategies. Ripple continues to expand its solutions in the blockchain ecosystem.

Lolli has acquired Slice to expand its role in the BitcoinFi ecosystem, connecting passive earners to the Thesis ecosystem, including Mezo. The integration allows users to earn Bitcoin through online shopping and browsing, strengthening Thesis’s goal of building a sustainable financial stack on Bitcoin. This move comes as the BitcoinFi ecosystem exceeds $10 billion in…

Strategy Inc. continued to accumulate Bitcoin, adding 397 BTC to their holdings despite market volatility. They funded the $45.6 million purchase with $69.5 million raised through stock sales. With a total of 641,205 BTC, Strategy remains the largest corporate Bitcoin holder, surpassing Marathon Digital Holdings. Other companies, like Coinbase, are also increasing their Bitcoin holdings.

OpenAI signed a $38 billion deal with Amazon Web Services to access computing power for its AI models. OpenAI will use Nvidia GPUs on AWS UltraServers. The deal raises concerns about an AI bubble due to the increasing valuation of AI firms and their capital expenditure not aligning with profitability.

After Binance founder Changpeng Zhao threatened Senator Elizabeth Warren with a defamation lawsuit, her legal team responded by pointing out that CZ pleaded guilty to facilitating money laundering. Warren’s lawyers dismissed the defamation claim, stating that her post was based on public records and could not be defamatory. Trump claimed he did not know Zhao,…