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FIFA moves towards its own blockchain, leaving Algorand behind

FIFA moves towards its own blockchain, leaving Algorand behind

FIFA, the international football governing body, is taking a significant step in its Web3 journey by announcing a new blockchain network compatible with the Ethereum Virtual Machine (EVM). The update, published on April 30 via the FIFA Collect FAQ, outlines plans to migrate the football body’s NFT collection platform, FIFA Collect, from the Algorand network […]

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Ton Foundation launches 0M Telegram RWA bond fund with Libre

Ton Foundation launches $500M Telegram RWA bond fund with Libre

The Open Network (TON) Foundation has partnered with Libre, a decentralized infrastructure firm specializing in real-world assets (RWAs), to introduce a $500 million tokenized bond fund tied to Telegram. An April 30 statement stated that the Telegram Bond Fund (TBF) will offer blockchain-based access to institutional-grade yield opportunities. The TBF signals TON’s official entry into

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Kazakhstan Eyes Crypto Banks Offering Exchange, Storage: Report

Kazakhstan Eyes Crypto Banks Offering Exchange, Storage: Report

Kazakhstan is exploring the launch of crypto banks as part of its broader push to build a sustainable and regulated digital asset ecosystem, according to a statement by Prime Minister Olzhas Bektenov on April 25. The remarks came in response to a formal inquiry by members of the Mazhilis, the lower house of Parliament, according

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US Commerce Secretary Howard Lutnick reiterates Bitcoin is a commodity, should be treated like gold

US Commerce Secretary Howard Lutnick reiterates Bitcoin is a commodity, should be treated like gold

Secretary of Commerce Howard Lutnick said the US is embracing Bitcoin (BTC) businesses, signaling a sharp policy shift from the Biden administration’s more adversarial stance. In a recent interview with Bitcoin Magazine at the White House, Lutnick laid out a vision that includes regulatory clarity, energy autonomy for miners, and official recognition of Bitcoin in

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Trump-backed stablecoin USD1 hits over  billion market cap on BNB

Trump-backed stablecoin USD1 hits over $1 billion market cap on BNB

World Liberty Financial’s (WLFI) USD1 stablecoin has officially surpassed $1 billion in market capitalization on BNB Chain following a series of high-volume mints executed within a single hour. The surge solidifies USD1’s standing as one of the fastest-growing decentralized stablecoins in the crypto ecosystem and marks a major milestone for the Trump family-backed protocol. On-chain

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Nasdaq files to list 21Shares Dogecoin ETF, signaling mainstream crypto acceptance

Nasdaq files to list 21Shares Dogecoin ETF, signaling mainstream crypto acceptance

Nasdaq has filed a 19b-4 form with the US Securities and Exchange Commission (SEC) to support the listing of a new 21Shares Spot Dogecoin (DOGE) Exchange-Traded Fund (ETF), according to an April 29 filing. The proposed fund would offer investors passive exposure to Dogecoin’s price without engaging in speculative trading activities like leverage, derivatives, or

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Coinbase Launches Bitcoin Yield Fund for Institutions

Coinbase Launches Bitcoin Yield Fund for Institutions

Coinbase Asset Management is launching a new investment product for institutional investors to earn passive income on their bitcoin. The Coinbase Bitcoin Yield Fund (CBYF) goes live on May 1, 2025 and will pay 4% to 8% annual net returns in bitcoin. This product is available to non-U.S. institutional investors only. Investors will subscribe and

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Coinbase unveils Bitcoin yield fund for global institutional investors

Coinbase unveils Bitcoin yield fund for global institutional investors

Coinbase Asset Management is preparing to introduce the Coinbase Bitcoin Yield Fund (CBYF) on May 1. According to an April 28 statement, Coinbase described CBYF as a conservative investment strategy that seeks to generate annual net returns between 4% and 8% over a typical market cycle. The fund is designed to offer international institutional investors

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Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets

Tether’s tokenized gold hits record 7.7 ton backing amid global demand for safe-haven assets

Tether’s tokenized gold product, XAUT, has released its first official attestation, showing that its total backing amounts to 246,523.33 ounces, equivalent to more than 7.7 tons of gold. According to an April 28 statement, XAUT is priced at $3,123.57 per token and has a total market capitalization of $770 million. The token reached an all-time

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Binance founder meets with Donald Trump’s World Liberty Financial team amid global push

Binance founder meets with Donald Trump’s World Liberty Financial team amid global push

World Liberty Financial (WLFI), the crypto project backed by the Donald Trump family, is accelerating its international expansion plans amid meetings with industry expert Changpeng Zhao, the founder and former CEO of Binance. On April 27, WLFI founders Zach Witkoff, Zak Folkman, and Chase Hero held a high-profile meeting with Zhao in Abu Dhabi. According

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