Beijing to invest in blockchain, integrate into infrastructure
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The Beijing city administration has announced a plan for local blockchain development and implementation over the next two years. According to an April 29 announcement, the plan was jointly developed by the Beijing Municipal Science and Technology Commission, the Zhongguancun Administrative Committee, the Cyberspace Administration Office, the Bureau of Government Services and Data, the Bureau […]

Interchain Foundation Invests in Stride’s Next Chapter: Stride Swap, The Cosmos Hub’s IBC DEX
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This content is provided by a sponsor. Zug, Switzerland, 29 April 2025 – The Interchain Foundation (ICF), a Swiss non-profit that advances interoperable, sustainable, and community-owned decentralized software in the Cosmos ecosystem, has invested in Stride, the liquid-staking protocol. The investment will enable the protocol to evolve into the first IBC Eureka-powered DeFi platform on […]

FTX Estate Sues NFT Stars and Kurosemi Over Unreturned Tokens
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The FTX Estate has initiated legal action against NFT Stars Limited and Kurosemi Inc., accusing them of failing to deliver contractually owed tokens. FTX Still Open to Engagement The entity overseeing the estate of the collapsed cryptocurrency exchange FTX announced on April 28 that it is commencing legal action against token issuers NFT Stars Limited […]

A16z leads $25M funding for Miden blockchain project
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A16z Crypto led a $25 million investment round into Miden, an independent blockchain project spun out of Polygon Labs. Miden closed its $25 million seed rounds led by a16z Crypto, 1kx, and Hack VC, with participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, MH Ventures, as well as from angel investors, including […]

Circle gets Abu Dhabi regulatory nod to expand in Middle East
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USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29. The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the […]

Circle gets Abu Dhabi regulatory nod to expand in Middle East
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USDC stablecoin issuer Circle has received in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), the company announced on April 29. The approval moves Circle closer to obtaining a full Financial Services Permission (FSP) license, allowing it to operate as a regulated money services provider in the […]

Bitcoin miner Phoenix Group adds 52 MW of mining capacity in Ethiopia
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Bitcoin mining firm Phoenix Group announced the addition of 52 megawatts (MW) worth of mining capacity to its capabilities in Ethiopia. According to an April 29 announcement, with this latest addition, Phoenix’s Bitcoin mining capacity in Ethiopia reaches 132 MW. The firm’s global capacity now reportedly exceeds 500 MW. Phoenix’s co-founder and CEO, Munaf Ali, […]

Latam’s Strategy Rises: Oranje Aims to Invest More Than $200 Million in Bitcoin
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Oranje, which is receiving advice from Itau BBA, Itau’s investment bank, aims to mimic the moves of Michael Saylor’s Strategy in Brazil and Latin America. The company was founded by crypto industry heavyweights Guilherme Gomes, formerly of Swan Bitcoin, and Guilherme Ferreira, president of Bahema. Oranje Prepared to Acquire Over $200 Million in BTC, Following […]

Will Trump’s 100-day speech end Bitcoin’s 'compressing' range?
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Key takeaways: Bitcoin’s price consolidates as the market awaits President Trump’s 100-day speech. Over $4.7 billion in BTC has been withdrawn from exchanges since April 22, reducing supply and boosting price sensitivity to demand. Trump’s crypto policy clarity could spark a BTC surge, but tariffs may cap gains. Traders say Bitcoin price must clear key […]

BlackRock Bitcoin ETF buys $970M in BTC as inflows surge, boost market
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BlackRock’s exchange-traded fund (ETF) bought nearly $1 billion worth of Bitcoin on behalf of its clients on April 28, with continued inflows providing “structural support” for Bitcoin’s price appreciation, according to market analysts. BlackRock’s iShares Bitcoin Trust (IBIT) ETF bought $970 million worth of Bitcoin (BTC) on April 28, its second-largest day of inflows on […]

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