Author: James Wilson
Riot moved about 500 BTC in what analysts say is fresh selling, adding to a wave that’s seen listed miners dump over 15,000 BTC even as treasury firms like Metaplanet keep accumulating. Summary Riot Platforms moved about 500 BTC from a company wallet this week, in what on-chain analysts say likely reflects fresh selling, according to Cointelegraph. MARA Holdings recently sold roughly $1.1 billion in bitcoin (about 15,133 BTC) to buy back convertible bonds, and listed miners have reportedly unloaded over 15,000 BTC in recent weeks. Bitcoin treasury firms such as Metaplanet continue to accumulate, underscoring a split between miners…
Summary The Central Bank of Nigeria has launched a supervisory pilot for virtual asset providers, selecting KuCoin alongside five local fintech and crypto firms. The program focuses on AML, CFT and CPF compliance in line with FATF standards, requiring detailed reporting and upgrades to governance, monitoring and Travel Rule controls. KuCoin’s inclusion underscores its push to align with national regulatory frameworks in major emerging markets, rather than operating purely offshore.news. The Central Bank of Nigeria has launched a pilot supervisory program for Virtual Asset Service Providers and selected a first cohort of six entities, with KuCoin standing out as the…
Summary Fundrise’s Innovation Fund VCX will be tokenized into a new asset called VCXx in partnership with Kraken’s xStocks platform. VCXx will provide onchain exposure to late-stage private tech companies such as SpaceX, OpenAI, Anthropic, and Databricks through a single token. Eligible investors will be able to buy VCXx using USDG or U.S. dollars, with tokens designed to integrate into broader onchain trading, collateral, and DeFi strategies. Technology investment platform Fundrise is partnering with crypto exchange Kraken to tokenize shares of its Fundrise Innovation Fund VCX, according to reporting from Crowdfund Insider. The deal will see the publicly listed VCX…
Summary YZi Labs has made a strategic follow-up investment in prediction market protocol Predict.fun after its EASY Residency accelerator. The round includes participation from Susquehanna Crypto, the digital asset arm of quantitative trading giant Susquehanna International Group. Since graduation, Predict.fun has processed over 4 million orders and more than $1.8 billion in trading volume on BNB Chain. YZi Labs has announced a strategic additional investment in prediction market platform Predict.fun following the second season of its EASY Residency program, according to an official update from the firm. The follow‑on round brings in Susquehanna Crypto, the digital asset trading arm of…
Nasdaq-listed Eightco Holdings has disclosed a $326 million position in 277 million Worldcoin tokens, plus ETH, cash, and an indirect OpenAI stake, effectively transforming the stock into a high-beta proxy on Sam Altman’s identity project and AI ecosystem. Summary Eightco Holdings now holds 277 million WLD tokens worth about $326 million, making it the largest public company holder of Worldcoin. The Nasdaq-listed firm’s portfolio also includes a $90 million indirect stake in OpenAI, $25 million in Beast Industries, and over $100 million in cash and stablecoins. Eightco is positioning itself as a leveraged play on Sam Altman’s Worldcoin identity project…
SoFi’s new Big Business Banking platform lets institutions manage fiat, SoFiUSD, and crypto in one Solana-powered, chartered bank stack, targeting wholesale stablecoin settlement flows. Summary SoFi launches “Big Business Banking,” a 24/7 enterprise platform for fiat and crypto asset management under its U.S. national bank charter. The system supports API-based payments in USD, SoFiUSD stablecoin, and select cryptocurrencies, with on‑platform minting and burning of SoFiUSD. Initial partners include Cumberland, Bullish, BitGo, B2C2, Fireblocks, Wintermute, Galaxy, and Jupiter, with core infrastructure built on Solana and other blockchains.youtubefinance. SoFi has launched an enterprise banking platform dubbed “Big Business Banking,” allowing institutions to…
Drift Protocol, a major Solana-based DeFi exchange, has suffered a $285 million social engineering-driven exploit that weaponized a compromised administrator key rather than any code flaw. Summary Drift Protocol suffered a $285 million exploit on April 1, making it one of the largest DeFi hacks in Solana’s history, triggered by a compromised administrator key rather than a smart contract flaw. Solana Foundation Chair Lily Liu and CPO Vibhu Norby both confirmed via X that the attack vector was social engineering and operational security failures, not code-level vulnerabilities. SOL dropped 9% to an intraday low of $78.60 following the breach, with…
United States President Donald Trump has vowed to continue military operations as the country’s Middle East war with Iran enters the third week of intensified hostilities. Summary Trump says U.S. will intensify strikes on Iran’s critical infrastructure over the next two to three weeks as military operations expand. Iran warns of “crushing” retaliation and rejects ceasefire talks, claiming US and Israeli strikes have hit only limited targets so far. Major cryptocurrencies have fallen in response to the recent escalation. “We are going to hit them extremely hard over the next two to three weeks. We’re going to bring them back…
AI-powered Genius Group has sold off its remaining Bitcoin holdings in the first quarter to pay down debt. Summary Genius Group sold its remaining Bitcoin in Q1 to repay debt, stepping back from its earlier commitment to hold the majority of reserves in BTC. The company reported a turnaround in performance, with revenue reaching $3.3 million and net profit at $2.7 million after a loss a year earlier. According to an April 1 press release, the company said it will “recommence building its Bitcoin Treasury when it believes market conditions are more favorable,” outlining that the exit is tied to…
Chainlink price fell 6% to $8.55 on Thursday as crypto investors remained concerned over a potential escalation in the U.S.–Iran war. Summary Chainlink price fell around 6% to near $8.5 as broader crypto markets declined amid escalating U.S.–Iran tensions. Whale accumulation intensified, with large holders withdrawing up to 26,000 LINK daily, reducing exchange supply and signaling long-term confidence. Technical indicators point to a potential rebound toward $10, though short-term downside risk to $8 remains amid macro uncertainty. According to data from crypto.news, Chainlink (LINK) price fell 6% to $8.50 on Thursday as the crypto market fell, reacting to news of…