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 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.
Justin Sun, founder of the TRON blockchain, has increased his stake in World Liberty Financial to a total of $75 million by committing an additional $45 million into the project. Sun made the announcement on his X on Sunday, making him to the primary stakeholder of the cryptocurrency project associated with U.S President Donald Trump.
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.
Elon Musk reportedly asked crypto influencer Tiffany Fong to have his child, despite never meeting her, but she declined the offer. Afterward, Musk unfollowed her on X and cut her earnings from the platform, leading to controversy over privacy and ethics.
A viral trend turning people into AI-generated action figures is capturing attention—but also raising alarms. Artists warn the tech threatens creative work, while explicit deepfakes continue to disrupt schools, politics, and public figures.
Family offices are investing more in Ethereum than Bitcoin through crypto ETPs, showing stronger interest in Ethereum among smaller investors. Larger institutions still dominate Bitcoin ETPs, but Ethereum is attracting a broader and more diverse range of players.
Google teamed up with K-pop group Le Sserafim to launch a global campaign showing how its AI tool Gemini can help with everyday tasks. The music video-style ad blends pop culture and tech, featuring real-life uses of Gemini on Android phones.
Brazilian police dismantled a crime ring run from prisons that extorted small business owners and laundered money using cryptocurrency. The operation, named "Timeo," led to the seizure of $45,000 in cryptoassets and millions in bank accounts linked to the racket.
Three deaf K-pop artists from South Korea formed a group called Big Ocean and use AI to help them sing and perform. They debuted in 2024, gained fans worldwide, and show that hearing loss doesn’t stop people from making music.
Hackers stole 500,000 ETH (about $1.4 billion) from Bybit using malware and laundered most of it through mixers, bridges, and decentralised platforms. Nearly 70% of the funds are still traceable, but a third has disappeared, with few signs of recovery so far.
A casual question on X about how politeness in AI interactions impacts electricity use revealed that OpenAI's politeness costs could run into tens of millions of dollars. Despite these costs, OpenAI remains focused on improving model efficiency and expects substantial revenue growth in the coming years.
Paul Atkins has been sworn in as the new Chair of the SEC, promising clearer rules for crypto and market oversight. He supports innovation and is expected to speed up decisions on crypto ETFs and regulations.
South Koreans are holding $73.4 billion in crypto, a significant increase driven by political shifts and growing market interest. The country’s crypto holdings surged after Trump’s election, with regulatory changes and stablecoin concerns shaping future developments.