Month: April 2025

Binance Launches Fund Accounts, Enabling Fund Managers to Streamline Crypto Asset Management

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Binance has announced the launch of Fund Accounts, a solution designed for fund managers to pool investor assets based on trading strategies. This offering allows fund managers to consolidate externally-raised investor assets into one or multiple omnibus accounts, streamlining operations and enhancing trading efficiency. Fund Accounts enable simplified portfolio management, flexibility in strategy execution, and … Read more

Nexo Re-Enters US Market: ‘America Is Back,’ Says Co-Founder Antoni Trenchev

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Nexo, the digital wealth platform with $11 billion in assets under management, has announced its re-entry into the U.S. market, unveiling its product suite at an exclusive business event. The announcement featured keynote addresses from Donald Trump Jr., Executive Vice President of The Trump Organization; Gila Gamliel, Israel’s Minister of Innovation, Science, and Technology; and … Read more

Trump-backed World Liberty Financial partners with Pakistan Crypto Council

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The Donald Trump-backed World Liberty Financial has signed a Letter of Intent with the Pakistan Crypto Council to accelerate crypto adoption in the South Asian country and one of the industry’s fastest-growing markets. Under the partnership, World Liberty will help the Council launch regulatory sandboxes to test blockchain-based products, expand stablecoin applications for remittances and … Read more

China-based Huawei to test AI chip aiming to rival Nvidia: Report

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Chinese tech giant Huawei has reportedly developed a powerful artificial intelligence chip that could rival high-end processors from US chip maker Nvidia. The Shenzhen-based Huawei is poised to start testing a new AI chip called the Ascend 910D, and has approached local tech firms, which are slated to receive the first batch of sample chips … Read more

Coinshares: Bitcoin Hashpower Set to Hit One Zettahash by July

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A Coinshares report predicts Bitcoin’s network hashpower will likely reach 1 Zettahash per second (ZH/s) by July 2025. Reaching 1 ZH/s signifies enhanced network security and strong miner confidence. Bitcoin Hashrate at End of Q4 Ahead of Projection Bitcoin’s network hashpower is on track to reach the unprecedented milestone of 1 Zettahash per second (ZH/s) … Read more

Bitcoin acts like ‘store of value that it is’ amid Trump policy chaos: NYDIG

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Bitcoin is starting to act as a store of value during times of “US-risk-off” sentiment, marking a potential shift in its relationship with traditional assets, according to the New York Digital Investment Group. Bitcoin (BTC) felt “noticeably different” over the trading week ended April 25, NYDIG’s global head of research Greg Cipolaro said in an … Read more