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blockonomi.com Reddit Stock Gains 12% as AI Advertising Fuels Earnings Beat

TLDR Reddit stock jumped about 12% in premarket trading after the company reported strong first-quarter earnings. The company posted adjusted earnings of $1.01 per share, which exceeded analyst expectations of $0.57 per share. Revenue reached $663 million and came in above estimates of $608 million, according to FactSet data. Advertising revenue increased 74% year over [...] The post Reddit Stock Gains 12% as AI Advertising Fuels Earnings Beat appeared first on Blockonomi.

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blockonomi.com Pension Funds, PayPal, and Policy: How 2026 Is Redrawing the Crypto Market Map

TLDR: Colombia’s Porvenir pension fund offers Bitcoin exposure via BlackRock’s IBIT starting at just 25 US dollars. PayPal creates a standalone crypto division housing PYUSD, Braintree, and small business payment processing tools. Canada targets nearly 4,000 crypto ATMs with a proposed ban, flagging them as top fraud and laundering channels. Web3 gaming funding crashed 99%, [...] The post Pension Funds, PayPal, and Policy: How 2026 Is Redrawing the Crypto Market Map appeared first on Blockonomi.

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cryptobriefing.com World Liberty Financial sinks to record low on news of undisclosed 5.9 billion token sales to private investors

The undisclosed token sales and governance issues could undermine trust in DeFi projects, highlighting risks of centralized control. The post World Liberty Financial sinks to record low on news of undisclosed 5.9 billion token sales to private investors appeared first on Crypto Briefing.

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blockonomi.com Brazil Bans Virtual Assets in eFX International Payment Channels

TLDR Brazil’s central bank has prohibited crypto use in regulated cross-border payment channels under the eFX framework. The new rule requires all settlements between eFX providers and foreign partners to use foreign exchange transactions. The regulation also allows settlement through non-resident Brazilian real accounts instead of virtual assets. Transitional eFX providers must apply for authorization [...] The post Brazil Bans Virtual Assets in eFX International Payment Channels appeared first on Blockonomi.

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news.bitcoin.com Brazil Bans Crypto in Cross-Border Payments

The Central Bank of Brazil published Resolution No. 561, which imposed a blanket ban on the use of cryptocurrency assets, such as bitcoin and stablecoins, for entities providing international payment and transfer services, limiting them to traditional payment rails. Central Bank of Brazil Issues Ban on Crypto Utilization As Part of Regulated Cross-Border Settlement System […]

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bitcoinist.com Are Satoshi’s 600,000 BTC At Risk? Unveiling The Hard Fork That Targets Bitcoin

On-chain sleuth Tyler has drawn attention to a Bitcoin hard fork proposal amid the quantum threat to the Bitcoin network. This has raised concerns about what could happen to Satoshi Nakamoto’s BTC holdings, although the developer behind the proposal has assured that Satoshi’s coins will remain safe.  Proposed Bitcoin Hard Fork Raises Concerns About Satoshi’s […]

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blockonomi.com Occidental Petroleum (OXY) Leadership Transition: Vicki Hollub to Retire, Richard Jackson Named Successor

Occidental Petroleum (OXY) announces CEO Vicki Hollub's retirement. Richard Jackson to lead, $0.26 dividend declared, and new Gulf oil discovery reported. The post Occidental Petroleum (OXY) Leadership Transition: Vicki Hollub to Retire, Richard Jackson Named Successor appeared first on Blockonomi.

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forklog.media Analysts Warn of Potential Cascade Liquidations in Ethereum Positions

Analysts from CryptoQuant and Arkham have observed unusual metrics in derivatives of the second-largest cryptocurrency by market capitalization. An expert known as Arab Chain noted a decline in open interest for Ethereum on the Binance exchange. The figure dropped to $4.99 billion, compared to an average of $5.31 billion. Source: Arab Chain/CryptoQuant. The negative MVRV Z-Score (-0.91) confirms a liquidity outflow. According to the analyst, traders are hesitant to open new positions as the market lacks confidence in a swift rise. A specialist under the pseudonym Darkfost highlighted signs of a potential short squeeze. Since the local low on February 6, Ethereum's price has increased by more than 30%. At the peak of the decline, the asset lost about 65% of its value, and the altcoin market capitalization was halved. A Dangerous Game Despite the recovery, investors continue to open short positions. Funding rates on Binance have remained negative for a record duration: the last occurrence was in November 2022, following the collapse of FTX. The average funding rate for the month was -0.0018, indicating that market participants do not believe in continued growth and expect a downward movement. Darkfost described this strategy as risky. He noted that the volume of short position liquidations is already increasing. Forced closure of shorts could trigger a "cascade" effect, pushing Ethereum's price even higher. The expert emphasized that the market rarely rewards the consensus of the majority. Meanwhile, major players continue to accumulate coins. Arkham reported that Fundstrat founder Tom Lee has staked 217,350 ETH, valued at approximately $508.4 million, in staking protocols. Tom Lee just staked $508.4M ETHBitmine has now staked over 4 MILLION ETH (worth $9.3B) — that’s 10.5% of the total staked ETH supply.Tom Lee is buying and staking ETH. pic.twitter.com/NofM7r0YRG— Arkham (@arkham) May 1, 2026 The BitMine platform has increased its own locked assets to 4 million ETH, which is $9.3 billion at the current rate. The company controls 10.5% of the total Ethereum supply in staking. Back on April 10, the daily number of transactions on the leading altcoin's blockchain approached 1.3 million. 

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forklog.media Humanoid Robots to Handle Luggage and Cleaning at Tokyo Airport

Japan Airlines, in collaboration with GMO AI & Robotics, has initiated trials of humanoid robots for ground operations at Tokyo's Haneda Airport. The companies have begun testing robots for baggage handling and aircraft cabin cleaning. The trials will last for two years. The project was launched amid a surge in tourism to Japan and a labour shortage due to an ageing population. In a demonstration video, an android from the Chinese company Unitree moves cargo along a conveyor, waves, and greets those around it. Unitree is one of China's leading robot developers. In February, the company unveiled its flagship model H1 at a gala celebrating the Chinese Spring Festival, where the robot performed kung fu moves. It is unknown whether Unitree is participating in the tests at Haneda Airport. Demographic Factor Ageing populations and declining birth rates are common issues in major cities, including Tokyo. These trends drive demand for humanoid robotics. "These trends provide bots with opportunities to perform important and often unattractive functions in manufacturing, logistics, agriculture, healthcare, and hospitality," noted analysts at Barclays. According to forecasts by the OECD, Japan's working-age population will shrink by 31% from 2023 to 2060. Mark Einstein, Director of Research at Counter Research, believes that humanoid robots will play an increasingly prominent role in Japan's labour market. Significant Boost In recent years, humanoid robots have significantly expanded their capabilities, largely due to advancements in joint mechanics and artificial intelligence. They can now perform tasks that were unattainable just a few years ago. Barclays considers physical robotics to be the "next frontier" in AI development. The bank estimates that the market could grow to $1.4 trillion by 2035, up from the current $2–3 billion. Back in April, a humanoid robot from Honor ran a half marathon in 50 minutes and 26 seconds—six minutes faster than the men's world record.

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blockonomi.com Michael Saylor Unveils Digital Credit Roadmap as STRC Hits $8.5B AUM at Bitcoin 2026

TLDR: STRC reached $8.5 billion in AUM within nine months, becoming the world’s most liquid preferred stock. Saylor proposed shifting STRC dividends from monthly to semi-monthly, pending a shareholder vote closing in June. The STRC tokenization ecosystem grew from zero to $200 million, with a projected $1 billion target within weeks. BlackRock and VanEck both [...] The post Michael Saylor Unveils Digital Credit Roadmap as STRC Hits $8.5B AUM at Bitcoin 2026 appeared first on Blockonomi.

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blockonomi.com Starknet Phase 4 Is Here: Shinobi Upgrade Brings Native Privacy and Bitcoin Support to Mainnet

TLDR: Starknet’s Shinobi upgrade is live on Mainnet, enabling protocol-level native privacy for the first time. strkBTC brings Bitcoin into Starknet with privacy support, backed by two governance votes closing May 7. Eight new projects launched on Starknet Mainnet, including Privily, the first privacy-focused L3 neobank. Loot Survivor hit 100 million onchain transactions, ranking ninth [...] The post Starknet Phase 4 Is Here: Shinobi Upgrade Brings Native Privacy and Bitcoin Support to Mainnet appeared first on Blockonomi.

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news.bitcoin.com Trader Opens $1.96M MEGA Long at 1x Leverage, Already Down $402K

An onchain trader has opened a $1.96 million leveraged long on 11.96 million MEGA tokens and is already sitting on $402,000 in unrealized losses, a harsh reminder that altcoin risks do not disappear even when leverage is minimal. Key Takeaways: Trader 0xcc15 opened a $1.96 million leveraged long on 11.96M MEGA tokens and is already […]

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blockmanity.com Coinbase Ventures: Crypto So Embedded in 5 Years We’ll Stop Talking About It

Coinbase Ventures: We’ll Stop Talking About It Imagine a world where cryptocurrency is not a buzzword or a risky bet, but a normal part of everyday business. According to Hoolie Tejwani, global head of Coinbase Ventures, that’s our future. In […] The post Coinbase Ventures: Crypto So Embedded in 5 Years We’ll Stop Talking About It appeared first on Blockmanity.

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bitcoinist.com Bitcoin Gives US Leverage Against China, Defense Secretary Hegseth Says

Defense Secretary Pete Hegseth told Congress that Bitcoin can serve as a tool of US strategic leverage, linking the asset to classified Pentagon efforts and a broader competition with China. The comments mark one of the clearest public signals yet that parts of the US defense establishment now view BTC not only as a financial […]

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blockonomi.com Tether Posts $1.04B Q1 2026 Profit as Reserve Buffer Hits Record $8.23B High

TLDR: Tether posted $1.04B in net profit for Q1 2026 despite highly volatile global market conditions. Excess reserves climbed to a record $8.23B, ranking third among all stablecoins on a standalone basis. Tether holds $141B in U.S. Treasury bills, making it the 17th largest Treasury holder worldwide. USD₮ circulation grew by over 5B tokens into [...] The post Tether Posts $1.04B Q1 2026 Profit as Reserve Buffer Hits Record $8.23B High appeared first on Blockonomi.

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forklog.media When intelligence isn’t enough

The artificial-intelligence industry has hit a barrier that money or new generations of chips cannot clear. A global grid crunch, component shortages and community resistance have turned the construction of data centres into one of tech’s hardest logistical and political problems. How AI data centres differ from classical facilities, why the industry has grown more dependent on China, and how residents are voting out local officials to shield themselves from noise and environmental risks — all in ForkLog’s new report. An architectural shift Traditional data centres that powered the internet economy over the past two decades are fundamentally different from the architecture required for large language models. The classic data centre is built around the CPU and draws on average 5–10 kW per rack, whereas GPU-first AI racks consume roughly ten times more. Machine-learning racks with accelerators such as Nvidia’s H100 or B200 require 40–120 kW each. The power-density gap changes the underlying physics of these sites. A cluster of tens of thousands of GPUs under peak load consumes as much electricity as a small industrial city. The snag is that distribution networks and substations are rarely designed for such abrupt, localised surges in demand. The appetites of AI’s leaders have drained stocks of critical power-delivery gear: high‑voltage transformers, generators and batteries for uninterruptible power supplies. Manufacturing capacity in the US and Europe cannot keep up. As a result, lead times for industrial transformers, mostly sourced from China, have stretched from one–two years to three–five. America’s growing reliance on Chinese components runs counter to its political rhetoric. Source: Bloomberg. Another challenge is heat rejection. Air cooling cannot cope with AI-server density. The industry is being pushed toward liquid systems such as Direct-to-Chip and immersion baths. They require millions of litres of treated water and threaten regions, especially in arid climates. According to data cited by Dutch researcher Alex de Vries-Gao, AI systems worldwide used about 765bn litres of water in 2025. To conserve resources, developers are refining designs. Instead of traditional cooling towers, where water evaporates into the atmosphere, new data centres are increasingly equipped with closed‑loop systems. In them, water circulates through pipes, absorbs heat, is cooled in radiators and returns to servers with virtually no loss in volume. Adoption, however, is lagging far behind the pace of new builds. Almost at the Stargate An unprecedented budget, top-level political backing and the mantle of the decade’s defining AI alliance. At launch, Stargate seemed to have it all — at least on paper. Stargate is a $500bn initiative that US president Donald Trump announced in January 2025 as part of a national push to retain technological dominance. The OpenAI–SoftBank–Oracle joint venture was meant to drive a rapid build‑out of AI data‑centre infrastructure. A year on from the White House fanfare, the JV still lacked a full team and had not signed a single major construction deal in its own name. Markets turned skittish, too. JPMorgan Chase, slated to arrange $38bn of Stargate debt, ran into investor doubts about the project’s returns. OpenAI’s Sam Altman and SoftBank founder Masayoshi Son disagreed on fundamentals: where to build and who would be in control. From September to October 2025, Stargate’s top brass shuttled to Tokyo for tough talks with Son but failed to settle who would own the platform for the flagship campus in Abilene, Texas. A flagship site in Abilene spanning eight pads with a planned capacity of 2.1 GW. Source: Bloomberg. OpenAI weighed going it alone, but lenders refused to provide funds without a clear path to profitability. Stargate scaled back its aims and vacated a 900‑MW pad, keeping core Texas capacity with an eye to 1.2 GW later on. Partners shifted focus: in April 2026, developer Related Digital and Oracle raised $16bn in debt and equity to build a new mega‑data‑centre in Michigan for OpenAI’s needs. Rivals seized the opening. In late March 2026 Microsoft snapped up the vacant 900 MW, becoming Crusoe Energy’s new partner to expand the Abilene campus. The upgrade should lift the site’s total capacity to 2.1 GW by mid‑2027, using Nvidia GPUs. People push back Data centres are no longer viewed as unambiguous economic engines — they create few jobs once built, yet strain grids, consume water and generate constant noise. In April 2026 residents of Festus, Missouri, protested a $6bn data‑centre proposal. Locals secured the removal of four of eight city‑council members and launched a petition to oust the rest, including the mayor. On April 9 residents sued the city, alleging it failed to give the public enough time to review the proposal before voting and made illegal zoning changes for the project. The suit also claims the city held private meetings about the plan instead of public ones. The approved scheme for an unnamed developer would cover 360 acres. Similar episodes have unfolded across America in recent months: in February 2026 the New Brunswick (New Jersey) city council, under public pressure, rejected a data‑centre deal and opted instead to use 27,000 square feet for a public park; that same month, a proposal to annex land into Foristell (Missouri) met resistance over fears it would host a data centre. The decision was revised and the area kept its agricultural zoning; in September 2025 Prince George’s County (Maryland) paused data‑centre projects after local protests and set up a task force to study risks; in St. Charles (Missouri), less than an hour from Festus, officials are moving to ban data centres permanently after imposing a moratorium in August 2025. A data center in New Brunswick was canceled tonight when hundreds of residents showed up. When fight big tech and private equity we win. pic.twitter.com/doZ63Pdwue— Ben Dziobek (@BenDziobek) February 19, 2026 The growing backlash has increased demand for transparency and real‑time data. The team behind the “US Data‑Center Moratorium Tracker” is trying to unmask companies behind unnamed deal participants and is mapping all jurisdictions that have formally imposed temporary bans on new builds. According to the dashboard, as of April 14, 2026, there are 58 moratoria in force in the US. Source: “US Data‑Center Moratorium Tracker”. Fine, then: to space Energy shortages, delayed components and public protests have stalled the sector. Per Bloomberg, construction of about half of all planned US data centres has been postponed indefinitely or scrapped. Less than a third of projected capacity is actively being built. Expected delivery timelines for data centres as of March 9, 2026. Source: Bloomberg. Tech giants and independents are searching for alternatives — from the seabed to orbit. Between 2014 and 2024 Microsoft explored submerging sealed server capsules. The last large test of Project Natick took place off Scotland’s Orkney Islands from 2018 to 2020. A capsule housing two racks with 864 servers was lowered to about 35 metres. Only six compute units failed over two years underwater. By contrast, the on‑land control group saw eight times more failures. Researchers attributed this to inert nitrogen inside the capsule, the lack of temperature swings and the absence of the human factor — a frequent cause of breakdowns. A server capsule off the Orkney Islands, Scotland. Source: Microsoft. The ocean provided a free, effectively limitless heat sink and, contrary to fears, the data centre “did not harm the ecosystem”. An artificial reef even formed around the capsule, attracting fish. Despite the success, the project was shelved as ill‑suited to AI and hampered by logistics. Any physical intervention required ships, lifting the multi‑tonne capsule from the seabed and then resealing it. How might space fare? In late 2025, researchers at the 33FG group estimated that by 2030 AI compute in orbit would be cheaper than on Earth. In February SpaceX filed a request with America’s Federal Communications Commission to launch a constellation of 1m satellites for data centres — a network of orbital facilities linked by laser backhaul. The logic of space data centres rests on two factors: access to round‑the‑clock solar power and low temperatures for near‑ideal passive cooling. But the concept faces tough commercial and physical constraints. SpaceX’s leadership has warned of the risk that such projects are not viable at this stage. Main hurdles: launch costs. Even as the price per kilogram falls, sending heavy racks with tungsten radiation shielding remains extremely expensive; latency. Real‑time inference needs milliseconds. Shipping massive datasets to and from orbit adds delays that make the setup unsuitable for many tasks. Such facilities may fit only asynchronous model training; servicing. You cannot swap a failed GPU in space. Equipment lifetimes are strictly bounded by radiation tolerance. Others are joining the orbital push: Google said it aims to build a low‑Earth‑orbit satellite system to harvest solar power for data centres, while Nvidia has announced a compute platform for space‑based facilities. In 2026 California startup Aetherflux plans to launch orbital solar mini‑farms in satellite form to beam energy down to Earth with lasers. On April 27, 2026, Meta agreed to procure 1 GW of space‑derived power for its data centres from another startup. According to orbital power‑station developer Overview Energy, the first in‑orbit demo is due in 2028, with commercial deliveries in 2030. The build‑out of AI infrastructure has run into physical and administrative limits. The voracious power draw of new GPU clusters, their need for cooling water and the strain on local grids have changed how residents and municipalities view data centres. Scaling terrestrial compute has become not a matter of capital alone but a knotty logistical and social challenge. Orbital data‑centre ventures, despite today’s high costs and maintenance barriers, are emerging as a pragmatic response to the ground‑level crunch. In the coming years, firms’ ability to solve the placement problem will determine the pace of progress in computing.

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forklog.media MARA to Invest $1.5 Billion in Energy Company Transformation

Bitcoin miner MARA Holdings has entered into an agreement to purchase the Long Ridge Energy & Power gas power plant from FTAI Infrastructure for $1.5 billion. MARA expands its AI infrastructure pipeline by entering into an agreement to acquire Long Ridge Energy & Power, which owns, among other assets, a highly efficient 505 MW nameplate CCGT power plant and over 1,600 contiguous acres in one of the world’s largest AI and data center… pic.twitter.com/YUF9WlfQzP— MARA (@MARA) April 30, 2026 The deal includes Long Ridge's debt of $785 million. The remainder will be covered by cash and a loan from Barclays Bank. According to MARA, the asset is expected to generate approximately $144 million in annual adjusted EBITDA based on the second half of 2025 figures. The company plans to build an integrated digital infrastructure campus with a capacity of over 1 GW on the site. MARA's CEO Fred Thiel described Long Ridge as a "highly efficient contracted energy platform" that combines generation, fuel supply, grid connection, land, water, and fiber optics in one location. He believes the site will become a flagship campus for AI, with the company already receiving inquiries from potential tenants in the artificial intelligence and IT sectors. In February, MARA announced its shift towards data centers, reporting a $1.7 billion loss for the fourth quarter of 2025. MARA aims to transform from a pure bitcoin miner into an energy and digital infrastructure entity. In late March, the firm sold 15,133 BTC for $1.1 billion to repurchase its own bonds. On April 30, MARA's shares closed up nearly 12% at around $12. Over the past six months, the company's stock has risen by 54%. Source: Yahoo Finance. MARA is the second-largest public miner by operational hash rate (61.7 EH/s), trailing only Bitdeer (69.5 EH/s). According to BitcoinMiningStock, the rate increased by 5.83% over the month. In terms of bitcoin production, the company remains the industry leader. In April, the firm mined 736 BTC, a 4.39% increase for the month. Riot's First AI Revenue Riot Platforms has for the first time separated its data centers into a distinct business segment. By the end of the first quarter, the division generated $33.2 million for the company. Source: Riot. The firm's total profit for the reporting period was $167.2 million, with bitcoin mining contributing $111.9 million. The shift to AI accounted for about 20% of Riot's quarterly revenues. A key factor was a long-term agreement with AMD: the chip manufacturer exercised an option to expand and doubled its contracted capacity from 25 MW to 50 MW, with the potential to increase it to 200 MW. Riot continues to expand its site in Rockdale, Texas, where AMD's infrastructure is deployed. The firm is also constructing a campus in Corsicana. According to management, it will be able to accommodate either a single large tenant or multiple clients in AI, data centers, and hyperscaling. In the first quarter, Riot sold 3,778 BTC but retained 15,679 BTC on its balance sheet, valued at approximately $1.2 billion. This makes the company the seventh-largest public holder of bitcoin. Source: BitcoinTreasuries. The company's shares traded at $17.2 at the end of the latest trading session, gaining 7.8% for the day, according to Yahoo Finance. In the first quarter, public miners sold a record 32,000 BTC—more than in all of 2025.

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blockonomi.com WLFI Governance Vote: How a Coercive Ballot Captured 99.5% Approval From 18,000 Token Holders

TLDR: WLFI ballot gave holders no exit — accept vesting or face indefinite asset freezes with no appeal process. Four wallets controlled 40% of the vote, and one address alone exceeded the quorum threshold single-handedly. Founders retained 40.7 billion tokens worth $3.2B after burning only 4.5 billion — a 1:9 sacrifice-to-retention ratio. Simultaneous token unlocks [...] The post WLFI Governance Vote: How a Coercive Ballot Captured 99.5% Approval From 18,000 Token Holders appeared first on Blockonomi.

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blockonomi.com China Makes AI-Driven Layoffs Illegal as Global Job Cuts Hit 61,000 in 2026

TLDR: China courts ruled AI adoption is a voluntary business decision, not grounds for legal termination of workers. Over 61,000 workers lost jobs to AI-related cuts globally in just the first four months of 2026 alone. Amazon, Block, and Meta are among firms cutting headcount to redirect savings toward AI infrastructure spending. Economists warn of [...] The post China Makes AI-Driven Layoffs Illegal as Global Job Cuts Hit 61,000 in 2026 appeared first on Blockonomi.

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forklog.media AI Bot Based on Claude Outperforms S&P 500 by Mimicking Creator’s Style

Software engineer Jake Nesler developed a trading AI agent using Claude from Anthropic. The bot mimics the creator's trading style, analyzes risks, and independently determines position sizes, according to Bloomberg. During a month of testing, the agent achieved a 7% return, compared to 4.5% for the S&P; 500 over the same period. In the first week, the algorithm avoided buying Nvidia shares at their peak, saving the owner from a $10,000 loss. However, the strategy's volatility was high, with drawdowns reaching 22%. Nesler trained the model for two weeks using the Alpaca platform. Initially, Claude was overly conservative, selecting only blue-chip stocks. The developer had to manually adjust settings to encourage the AI to make riskier trades. The popularity of AI agents among retail traders continues to grow. Tools like OpenClaw allow users to manage bots via Telegram or WhatsApp. Major platforms such as OKX, Bybit, and Kraken have already implemented interfaces to simplify working with automated systems. Not So Straightforward Experts warn of the risks. According to Jay Malavia, co-founder of the Kairos terminal, profitable algorithms rarely become publicly available, and fake performance screenshots are often circulated on social media, typically to promote malicious software. Nesler himself is not yet ready to entrust the bot with real assets. In prediction market experiments, his agent quickly lost the entire deposit. He compared the state of AI trading to slot machines, where outcomes are largely determined by luck. In April, Anthropic introduced an experimental product, Claude Design, an AI-based design generation tool.

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blockonomi.com Bitmine Stakes $508M ETH in One Day, Now Controls 10.5% of Ethereum’s Total Staked Supply

TLDR: Bitmine staked $508.4M worth of ETH in a single day through six large transfers via Coinbase Prime. The firm now controls 10.5% of Ethereum’s total staked supply, totalling over 4 million ETH staked. Staking removes ETH from circulation, potentially creating long-term upward price pressure on Ethereum. No corporate entity has ever staked this proportion [...] The post Bitmine Stakes $508M ETH in One Day, Now Controls 10.5% of Ethereum’s Total Staked Supply appeared first on Blockonomi.

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bitcoinist.com Global Crypto Pig-Butchering Crackdown: US, UAE, And China Bust 9 Scam Centers

The US, the United Arab Emirates (UAE), and Chinese authorities have cracked down on multiple cryptocurrency pig-butchering scam centers that have taken millions of dollars from American victims. Related Reading: South Korea Ramps Up 2027 Crypto Tax Prep Amid Abolition Calls 276 Arrested, 6 Indicted In Global Crackdown On Wednesday, the US Department of Justice […]

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news.bitcoin.com Justin Sun: Why Crypto Cards Are the ‘Next Evolution’ for Stablecoin Distribution

Tron founder Justin Sun has declared that crypto cards are the next structural phase in how digital assets reach everyday users. This follows a seismic year where stablecoins processed $33 trillion, surpassing Visa’s $14 trillion volume. Key Takeaways: Justin Sun identifies crypto cards as the “next evolution,” capitalizing on a $310 billion stablecoin market that […]

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