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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
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
Bitcoin ( BTC) has reclaimed the $94,000 price level, rising 6.2% in the last 24 hours and 12.9% over the past week. This increase reflects a positive shift in market sentiment as the top cryptocurrency continues to attract attention from investors as digital gold. The recent price movement underscores bitcoin’s appeal amid fluctuations in other … Read more
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
In a recent social media post, renowned author and statistician Nassim Taleb, known for his book “Black Swan,” declared gold as the new reserve currency, highlighting its 35% appreciation against the dollar. Taleb criticized U.S. President Donald Trump’s economic policies, suggesting they have led to a significant flight from American assets. He expressed a strong … Read more
Mike Novogratz’s Galaxy Digital has reportedly executed a significant swap, transferring approximately $100 million worth of ethereum for solana. According to a post from Wu Blockchain, onchain data from Lookonchain reveals that Galaxy Digital transferred 65,600 ETH, valued at around $105 million, to Binance over the past two weeks. Concurrently, the firm withdrew 752,240 SOL, … Read more
Astra Fintech has announced the launch of a $100 million fund aimed at accelerating innovation within the solana ecosystem. This initiative seeks to identify and support high-potential builders and startups, building on Astra’s successful track record with projects like Mulex, DEPE, and Mone, and its sponsorship of the Seoulana event. In addition to funding, Astra … Read more
Ben Zhou, co-founder and CEO of Bybit, has released an executive summary detailing the status of hacked funds totaling approximately $1.4 billion, or around 500,000 ETH. According to Zhou, 68.57% of these funds remain traceable, while 27.59% have gone dark, and 3.84% have been frozen. The untraceable funds primarily flowed into mixers before being transferred … Read more
N1, a layer 1 blockchain backed by Founders Fund, has announced the launch of its first testnet, inviting developers to request access via direct message. Designed to support applications and horizontal scalability, N1 aims to streamline performance by avoiding consensus in most cases, allowing for unordered and asynchronous transactions by default. This approach enhances scalability … Read more
Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company in Japan, has announced the acquisition of an additional 330 BTC as part of its ongoing Bitcoin Treasury Operations. The latest purchase was made at an average price of 12,181,570 yen per bitcoin, totaling approximately 4.020 billion yen. With this … Read more