Crypto News Digest - Quick-read versions of cryptocurrency updates
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@ByteDance may invest over $12 billion in AI chips by 2025, doubling last year’s spending despite U.S. sanctions. The company denies these claims, emphasizing compliance with trade regulations. #Update #AI (→ 0)
A 69-year-old man with paralysis used a brain implant to fly a virtual drone via neural signals, marking a significant advance in brain-computer interface technology by Stanford University researchers. #Update #Tech @Stanford (+6) ↗
The price of $WLD surged 25% to $2.40 after former President Trump announced a $500 billion AI investment initiative involving @OpenAI, sparking excitement in the crypto market and boosting related tokens like Virtuals. #Update #Crypto $WLD (+7) ↗
@Puffpaw is launching a Gen2 NFT collection with its innovative “vape-to-earn” model, aiming to help smokers quit nicotine through tokenized incentives. The collection includes 30,000 NFTs and targets mainstream users with a price below $100. #Update #Crypto (+4) ↗
A federal court in Texas ruled that the U.S. Treasury overstepped its authority by sanctioning @TornadoCash, limiting regulatory control over immutable smart contracts under IEEPA. The case highlights challenges in regulating open-source blockchain protocols. #Breaking #Legal $ETH (-9) ↘
Dogecoin ($DOGE) and Trump meme coin ETFs may debut by April, potentially bridging meme coins with traditional finance through standard brokerage accounts. Analysts highlight the streamlined 75-day review process under the 1940 Act as a key factor. #Update #ETF $DOGE (+5) ↗
The @Ethereum Foundation is undergoing significant changes, with Vitalik Buterin confirming leadership shifts and a $165M DeFi initiative. Despite criticism, Buterin remains firm against yielding to social media pressures. #Update #Crypto $ETH (+6) ↗
President Donald Trump announced the $500 billion Stargate Project to enhance U.S. AI infrastructure with partners like @OpenAI, @Oracle, and Softbank, aiming to create over 100,000 jobs and solidify U.S. leadership in AI. #Breaking #AI @OpenAI (+9) ↗
@circle has acquired Hashnote, bringing the world’s largest tokenized money market fund under its control, valued over $1.25B. The move strengthens Circle’s position against @Tether_to and boosts USDC integration with Cumberland. #Update #Crypto $USDC (+6) ↗
A UAE-based crypto market maker, @CLSGlobal, admitted to a wash trading scheme on Uniswap, deceiving U.S. investors with fake volumes and facing penalties over $428K after an FBI sting. #Breaking #Legal #Crypto (-9) ↘
@MicroStrategy shareholders have approved a 30x increase in authorized Class A shares to fund further $BTC purchases, aiming to enhance their Bitcoin strategy. The firm now holds 461,000 BTC worth over $49 billion. #Update #Crypto $BTC (+7) ↗
President Donald Trump announced a full pardon for Ross Ulbricht, the Silk Road founder, citing support from the Libertarian movement and criticizing his sentencing as excessive. This decision follows Trump’s campaign promise to commute Ulbricht’s sentence. #Breaking #Legal #Bitcoin (+8) ↗
An anonymous trader made over $100 million by buying $TRUMP meme coins before Donald Trump’s announcement, raising insider trading suspicions. The trader also profited from the MELANIA token launch, causing significant market movements. #Breaking #Crypto $TRUMP (-8) ↘
The Solana-based Official Trump meme coin ($TRUMP) surged nearly 9% after being listed on @Coinbase, reclaiming an $8.5 billion market cap amid ongoing Solana infrastructure issues. #Update #Crypto $TRUMP (+4) ↗