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

Justin Sun has accused First Digital Trust (FDT) of stealing $456 million from client funds, claiming the money was moved to a Dubai company without consent or collateral. FDT denies the allegations, calling them malicious, while Sun calls for urgent regulatory action in Hong Kong to address the situation.
Justin Sun, the dynamic founder of TRON, just landed on the cover of Forbes, but that might not be a good thing..
Justin Sun, the founder of TRON, has ignited discussions within the cryptocurrency community by proposing a reduction in TRX block rewards
The SEC, Tron Foundation, and Justin Sun have asked a federal court to pause the 2023 lawsuit to explore a resolution. The case involves allegations of unregistered TRX and BTT sales, market manipulation, and undisclosed celebrity endorsements.
In a recent post on the X platform, Ethereum co-founder Vitalik Buterin praised the Celo blockchain for hitting a fresh milestone for stablecoin use on the platform.
A trader turned $1,200 into $10 million with Tron Bull (BULL) in three days, but the value soon fell by 60%, leaving them with $4.3 million. This dramatic rise and fall highlight the volatile nature of meme coins, as Tron-based tokens like BULL, SUNDOG, and SUNCAT show fluctuating prices and declining values.
Telegram founder Pavel Durov was arrested in France, exposing various legal problems existing in the Telegram platform. Binance’s listing of TON means that it has once again brought new legal risks to itself. Justin Sun and Binance’s first sister He Yi needs to find a new way out under the severe regulatory environment.
TRON DAO Reserve has moved support for USDD from Bitcoin to TRX with the transfer of 12,000 Bitcoin, raising questions about the stability of the stablecoin amid reliance on more volatile assets.
Scam Sniffer warned of Telegram malware scams last December. Since then, cybercriminals have adapted, using more sophisticated tactics to target more victims.
Thai Prime Minister Paetongtarn Shinawatra nearly fell victim to a scam where fraudsters used AI to impersonate a foreign leader and solicit a donation. After recognising the suspicious bank details and missed call, she alerted authorities, who have since launched an investigation into the scam.
A survey by CryptoQuant found that young, educated, and predominantly male individuals are the main drivers of cryptocurrency investment. The majority of crypto investors are between 25-44 years old, with most investing less than $10,000 annually and preferring popular platforms like Binance.
Elon Musk’s delayed Twitter stock disclosure allegedly cost investors $150 million, raising questions about how Trump’s administration will handle the case. With a new SEC chair incoming, will Trump intervene for his close ally or let the process play out?
Coinbase has relaunched Bitcoin-backed loans via Morpho on its Ethereum layer-2 network, Base. With a $100,000 USDC cap and a 133% collateral requirement, the offering ensures lender protection while supporting borrowers.
The value of ROSS memecoin surged after speculation that President-elect Trump might pardon Ross Ulbricht, the Silk Road creator. The coin’s rise reflects growing support for Ulbricht's release, with traders betting on a potential presidential commutation.
Donald Trump and JD Vance, have revealed their official inauguration portraits. Reactions are mixed, with some mocking the image and others seeing it as a warning for the coming years. Trump's portrait notably resembles his 2023 mugshot—coincidence, or a sign of turbulent times ahead?
LinkedIn launched two AI-powered tools to help job seekers and employers: the Job Match tool assists candidates in evaluating their fit for job roles, while a new recruitment AI agent helps small businesses simplify hiring. These tools aim to improve job search efficiency and streamline the recruitment process.
The latest explosion of SpaceX’s Starship test flight 7 marks an unexpected setback, following progress made in advancing the vehicle's capabilities. This comes after a similar failure in March last year, when a Starship upper stage exploded during re-entry over the Indian Ocean. What caused this mishap, and how will it affect SpaceX’s plans moving forward?
Many young Chinese graduates are turning to cryptocurrency trading due to limited job opportunities and high unemployment. As China’s economy struggles, some are moving to places like Hong Kong and Tokyo, where crypto markets are more accessible.