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

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

Solana Treasury Company Defi Development Corp Wants to Raise Up to $1 Billion

DeFi Development Corp. (formerly Janover Inc.), a publicly traded firm focused on optimizing its treasury strategy within the solana ecosystem, has filed a registration statement with the Securities and Exchange Commission (SEC) to raise up to $1 billion through various securities offerings. The filing, dated April 25, 2025, includes common stock, preferred stock, debt securities, … Read more

Stripe CEO Confirms Payments Company Is Developing New Stablecoin Product After a Decade of Interest

Stripe CEO Patrick Collison has announced that the payments company is actively developing a new stablecoin product, a project that they have wanted to pursue for nearly a decade. This announcement comes after Stripe’s acquisition of stablecoin platform Bridge in October 2024 for $1.1 billion. In a recent social media post, a member of the … Read more

Citrea Deploys Complete BitVM Bridge Design on Testnet, Furthering Bitcoin’s DeFi Applications

Citrea, the ZK rollup designed to enhance Bitcoin’s blockspace capabilities, has launched its Clementine Bridge, marking the first complete BitVM bridge design on the Bitcoin Testnet. This deployment represents an advancement in extending bitcoin’s utility to decentralized finance (DeFi) applications, addressing the longstanding challenge of creating a secure bridge between Bitcoin and secondary layers. The … Read more

Defi Development Corporation Adds $9.9M in Solana to Treasury, Taps Binance VP as CFO

The publicly traded firm formerly known as Janover, DeFi Development Corporation (Nasdaq: JNVR), has announced the appointment of Fei “John” Han as Chief Financial Officer and Dan Kang as Head of Investor Relations, enhancing its financial leadership team as it scales its crypto-focused treasury strategy. Han, who brings over 15 years of experience from notable … Read more

Coinbase Provides $100 Million Credit Facility to Bitcoin Mining Company Riot Platforms

Riot Platforms, Inc. (NASDAQ: RIOT) has announced a $100 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN). This multiple drawdown term loan facility will be available to Riot over a two-month period following the execution date. The company plans to utilize the proceeds for key strategic initiatives and … Read more

Defi Development Corporation Acquires $11.5M in Solana Tokens, Expanding Holdings to $34.4M

The publicly traded firm formerly known as Janover, DeFi Development Corporation (Nasdaq: JNVR), has announced the purchase of 88,164 solana ( SOL) tokens, valued at approximately $11.5 million, bringing its total holdings to 251,842 SOL, worth around $34.4 million, including staking rewards. As of April 22, 2025, the company reports a SOL per share (SPS) … Read more

IMF Cuts Global Growth Forecasts as US Tariffs Lead to Significant Economic Downgrade

The International Monetary Fund (IMF) has revised its global economic growth forecasts for 2025, projecting an increase of just 2.8%, down from a previous estimate of 3.3%. This downgrade is primarily attributed to rising tariffs and heightened uncertainty in international trade, which are expected to significantly slow economic activity. Among advanced economies, the United States … Read more

Report: Crypto Casino Industry Soars to $81.4 Billion in Revenue, Outpacing Traditional Gambling

A recent Financial Times report highlights the remarkable growth of the crypto casino industry, which has reached an impressive $81.4 billion in gross gaming revenue (GGR) in 2023, a fivefold increase from 2022. This surge is attributed to the accessibility of unregulated offshore platforms, with many users employing VPNs to engage in online gambling. Some … Read more