Author: CryptoHoppers
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Key Takeaways World Liberty Financial and Pakistan Crypto Council are partnering to advance blockchain innovation in Pakistan. The collaboration aims to launch regulatory sandboxes and explore asset tokenization and stablecoin applications. Share this article World Liberty Financial (WLFI), the DeFi project endorsed by the Trump family, has entered into a Letter of Intent (LOI) with the Pakistan Crypto Council to advance blockchain innovation and DeFi integration across the country, according to a new report from TechJuice.The agreement was signed on April 26 during a meeting between World Liberty’s co-founders, including Zak Folkman, Zach Witkoff, and Chase Herro, and Pakistan’s Prime…
Key Takeaways:By May 2025, Gitcoin will formally close down its Grants Lab business unit and Grants Stack technology.Financial constraints and a necessity to give Gitcoin’s main Grants Program top priority have led to this choice.Gitcoin is still dedicated to improving the Grants Program going ahead and promoting public goods funding.By May 2025, Gitcoin said it will retire its Grants Lab business unit and Grants Stack technology. This tough choice comes after months of internal examination; its main aim is to preserve Gitcoin’s long-term viability and focuses on its established core: Gitcoin Grants Program.Gitcoin’s Decision to Wind Down Grants LabFor Gitcoin,…
The crypto market sentiment improved this week, with several large cryptocurrencies recording double-digit gains. Bitcoin’s rally past the $95,000 resistance is the highlight, with altcoins like Official Trump and Sui outperforming most others. Bitcoin’s decoupling from stock, the comeback of the digital Gold narrative, and Trump’s softening stance on tariffs supported this week’s gains. Bitcoin, altcoin weekly performance Bitcoin (BTC) is currently hovering under $95,000, a key level for the most prominent cryptocurrency. At last check Saturday, BTC was down 0.45%, trading at around $94,358.49. Observers noted that it recovered from its most recent flash crash, where the asset slipped…
Key Takeaways Brazil has introduced the first-ever XRP spot ETF, debuting on the B3 stock exchange. The ETF, managed by Hashdex, is set to track XRP’s price using the Nasdaq XRP Reference Price Index. Share this article The world’s first ETF that tracks the spot price of XRP, Ripple’s native crypto asset, officially debuted on Brazil’s main stock exchange B3 on April 25, according to a press release from Valor Econômico.The fund, dubbed Hashdex Nasdaq XRP Fundo de Índice, or Hashdex Nasdaq XRP FI, is managed by Hashdex and administered by Genial Investments Securities Brokerage SA. Genial Bank SA is…
Trade frictions between Washington and Beijing are reviving sales of Intel’s older personal-computer and server chips as customers look for cheaper parts before threatened tariffs raise costs. According to a Reuters report, Intel, whose biggest market is China, warned investors that the June quarter will be weak. Yet, it beat Wall Street’s first-quarter revenue forecasts because buyers have been stockpiling processors ahead of possible levies. “In client, we are seeing strong demand on older-gen parts and in data center as well,” Michelle Johnston Holthaus, head of Intel’s product unit, told analysts after the results. “Macroeconomic concerns and tariffs have everybody hedging…
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Key Takeaways Lazarus Group set up fake US companies to target crypto industry developers with malware. The operation represents an evolution in North Korea’s efforts to target the crypto sector for funding. Share this article North Korea’s Lazarus Group, through its subunit, spun up fake US-registered companies as part of a campaign to phish crypto developers and steal their wallets, according to a new report from Reuters.The companies, Blocknovas LLC and Softglide LLC, were registered in New Mexico and New York using fake personas and addresses. Another entity, Angeloper Agency, is reportedly connected to the operation, but it is not…
Key NotesFormer CEO of Celsius, Alex Mashinsky, is expected to be sentenced on May 8.The sentencing was delayed by one month following a request from the defense to present additional evidence.Mashinsky pleaded guilty to securities and commodities fraud related to Celsius’s token, CEL. Alex Mashinsky, the former CEO of Celsius, is set to be sentenced by a US court on May 8, 2025, after pleading guilty to two criminal counts. Two years ago, he faced accusations of wire fraud, securities fraud, commodities fraud, and multiple counts of market manipulation. A New York district court filing released on 23 April 2025…
Sui is partnering with xMoney and xPortal to launch a virtual Mastercard for European users, allowing them to spend crypto like cash. Sui is expanding into everyday payments through a new partnership with financial platform xMoney and crypto super-app xPortal. Together, they are launching a virtual Mastercard that allows European users to spend crypto like cash. The partnership introduces a full-stack payment solution: a custom Sui (SUI) wallet experience integrated into xPortal’s app, already used by 2.5 million people. Sui is going full lifestyle chain 🌊We’ve partnered with @xPortalApp + @xMoney_com to bring you:💳 A virtual Sui Mastercard, with Tap…