Crypto Treasury Firms Go on $8B Buying Spree in Historic Week

Changpeng "CZ" Zhao has broken through into the top echelons of the world’s wealthiest individuals, with his net worth reaching an estimated $75 billion following BNB’s new all-time high of $857.18.
Binance Changpeng Zhao's family office, YZi Labs, is making a significant move by supporting an investment company to go public in the U.S.
Silk Road founder Ross Ulbricht has resurfaced as a polarising crypto figure, raising $1.8 million in Bitcoin by auctioning prison memorabilia. Days later, he received a surprise 300 BTC donation worth $31 million—reigniting debate over whether this support reflects alignment with his ideals or raises ethical concerns in today’s crypto culture.
The SEC dropped its lawsuit against Binance after nearly three years of legal action over alleged securities violations. The case was closed as the new SEC leadership began easing its stance on crypto regulation.
Bhutan has launched the world’s first national crypto tourism payment system, letting visitors pay for everything from flights to local goods using digital currencies like Bitcoin and BNB. The system, built with Binance Pay and DK Bank, helps local businesses—especially in remote areas—accept crypto payments easily.
USDC is now the default currency on Binance Pay, making it easier for users to send and receive money instantly with zero gas fees. This update simplifies payments for both individuals and businesses, offering fast, low-cost transactions using a stable digital dollar.delays or extra costs.
Crypto donations in 2025 are expected to hit $2.5 billion, fuelled by digital wealth and better regulations. Binance co-founder CZ’s 1,000 BNB donation to Myanmar and Thailand’s earthquake relief highlights crypto’s rising role in global aid.
CZ launched "Pay to Reach" on ReachMe.io, letting users pay in BNB to message him with a guaranteed reply. Due to overwhelming spam, he raised the price from 0.04 BNB to 1 BNB, aiming for only 10 messages per day.
Trump’s trade war spurred a market downturn, wiping out billions in a day. Bitcoin fell below $85,000, Ethereum dropped 11%, and crypto lost $500 billion, erasing gains from his US Crypto Reserve announcement. Is this a brief dip or a deeper decline?
Genesis pursues $689 million recovery in a legal clash with Gemini post-FTX collapse, sparking lawsuits and disputes over fund recovery and collateral use.
KyberSwap, a decentralised exchange spanning 15 blockchains, grapples with a significant $48 million security breach, prompting urgent user fund withdrawals and raising concerns about the vulnerability of liquidity providers across various DeFi platforms.
These long-awaited reimbursements will be financed through the sale of Mt. Gox's remaining assets, including 142,000 BTC, 143,000 BCH, and 69 billion yen (about $625 million)
North Korean hackers, posing as journalists, escalate cyber threats by targeting nearly 1,500 South Korean officials in a sophisticated phishing campaign, compromising crypto accounts, and deploying mining malware, prompting urgent calls for enhanced cybersecurity measures.
KuCoin, a leading cryptocurrency exchange, introduces KuCard, a Visa-powered crypto debit card that transforms digital assets into everyday spending power.
Netflix director Carl Erik Rinsch diverts $4 million from Conquest series budget to invest in Dogecoin, yielding a $27 million windfall, prompting a $14 million dispute with Netflix.
Binance admits guilt, settles $4.3 billion charges for neglecting illicit transactions, including child pornography, prompting CEO resignation and condemnation from US Treasury Secretary Yellen.
This incident follows a string of exploits related to Justin Sun, who just saw Poloniex suffer a $100 million hack this month.
Xapo Bank, under CEO Seamus Rocca's leadership, strategically navigates Latin America's evolving crypto landscape, capitalizing on grassroots adoption in countries like Argentina and Mexico by offering secure access to digital assets, addressing financial challenges, and revolutionizing remittances through stablecoins.
Kraken's co-founder, Jesse Powell, recently discussed the enduring struggles within the cryptocurrency industry amidst emerging threats to its reputation. He referenced Binance's historic $4.3 billion fine settlement with the U.S. Department of Justice and the U.S. Securities and Exchange Commission's (SEC) recent lawsuit against Kraken, illustrating the volatility faced by industry players.