Crypto Briefing

President Donald Trump endorsed the $TRUMP token on Truth Social, resulting in a 10% price increase; the token, launched on the Solana blockchain, has experienced notable volatility.

Pakistan is exploring Bitcoin mining to utilize excess electricity and foster a regulated digital asset industry, with plans to create market-based electricity tariffs for crypto mining.

Ripple has urged the SEC to adhere to existing securities laws and allow Congress to create new legal frameworks for cryptocurrency, emphasizing that the SEC's authority should not be expanded beyond its current scope.

Bo Hines, head of the Presidential Council of Advisers for Digital Assets, is open to exchanging Fort Knox gold reserves for $BTC, provided it remains budget neutral.

Kraken has announced the listing of $NFT, a key token in the TRON ecosystem, offering NFT/USD and NFT/EUR trading pairs to enhance market accessibility.

The US Treasury's OFAC has removed Tornado Cash from its SDN List after a court ruled its smart contracts don't qualify as "property" under the International Emergency Economic Powers Act.

Strategy announced the pricing of 8.5 million shares of 10.00% Series A Perpetual Strife Preferred Stock at $85.00 per share, aiming to raise approximately $711 million.

The Trump administration's plan to integrate blockchain into USAID for aid distribution faces skepticism, while Elon Musk's Department of Government Efficiency explores blockchain for federal process improvements.

ChainAware.ai’s Web3 User Analytics Dashboard consolidates user metrics, tracks protocol interactions, and provides insights into user segmentation and security risk assessment to optimize engagement and enhance offerings.

TRON DAO is collaborating with pump.fun to launch PumpSwap, a new decentralized exchange integrated with pump.fun, enhancing liquidity access and cross-chain interoperability in the Web3 ecosystem.