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Crofam News
CROFAM
Apr 24, 2025
In CROFAM SOCIAL NETWORK
U.S. stock markets experienced a significant rally following President Trump's comments on trade negotiations with China and assurances regarding Federal Reserve leadership. Major indices posted notable gains.
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Crofam News
CROFAM
Apr 23, 2025
In CROFAM SOCIAL NETWORK
The 14th global Blockchain Forum has begun in Moscow, attracting over 15,000 participants from 100 countries. The event focuses on Web3, cryptocurrencies, and mining, offering insights from industry leaders.
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Crofam News
CROFAM
Apr 23, 2025
In CROFAM SOCIAL NETWORK
Texas is conducting a hearing on establishing a strategic Bitcoin reserve, reflecting the state's pro-crypto stance. The move aligns with broader national discussions on incorporating cryptocurrencies into state and federal reserves.
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Crofam News
CROFAM
Apr 23, 2025
In CROFAM SOCIAL NETWORK
Bitcoin's price has risen above $94,000, marking a 9.75% increase over two days. The rally is attributed to easing trade war fears following President Trump's downplaying of tensions with China.
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Crofam News
CROFAM
Apr 23, 2025
In CROFAM SOCIAL NETWORK
Coinbase is expanding its operations by hiring over 130 employees in Charlotte, tapping into the city's fintech talent pool. This move is part of a broader plan to hire about 1,000 U.S. employees, aligning with the crypto-supportive stance of the current federal administration.
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Crofam News
CROFAM
Apr 23, 2025
In CROFAM SOCIAL NETWORK
Brandon Lutnick, chairman of Cantor Fitzgerald, is collaborating with SoftBank, Tether, and Bitfinex to launch a $3 billion bitcoin investment firm named 21 Capital. The venture includes $1.5 billion in bitcoin from Tether, $900 million from SoftBank, and $600 million from Bitfinex.
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Crofam News
CROFAM
Apr 22, 2025
In CROFAM SOCIAL NETWORK
Metaplex, a Solana-based NFT platform, is under scrutiny for transferring unclaimed SOL funds from NFT minters to its DAO treasury without adequate notice, raising concerns about transparency and user rights
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Crofam News
CROFAM
Apr 22, 2025
In CROFAM SOCIAL NETWORK
Circle has introduced a new stablecoin payment network designed to facilitate seamless integration between stablecoins and traditional financial institutions, aiming to enhance the utility and adoption of digital currencies.
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Crofam News
CROFAM
Apr 21, 2025
In CROFAM SOCIAL NETWORK
The Trump administration has announced over 275,000 federal civil service layoffs, aiming to reduce government expenditures and regulatory functions. Agencies affected include the Environmental Protection Agency and the Federal Aviation Administration, prompting protests and legal challenges.
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Crofam News
CROFAM
Apr 21, 2025
In CROFAM SOCIAL NETWORK
President Donald Trump escalated his attacks on Federal Reserve Chair Jerome Powell, urging immediate interest rate cuts to prevent an economic slowdown. Trump's remarks led to a 1,000-point drop in the Dow Jones and a near 3% decline in the S&P 500. The administration is reportedly considering Powell's removal, raising concerns about the Fed's independence.
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Crofam News
CROFAM
Apr 21, 2025
In CROFAM SOCIAL NETWORK
Klaus Schwab, founder of the World Economic Forum (WEF), has resigned as Chair and Board Trustee after more than five decades. Schwab, who established the WEF in 1971, transformed the annual Davos meeting into a significant global event. His departure comes amid criticisms of the forum's elitism and internal culture.
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Crofam News
CROFAM
Apr 19, 2025
In CROFAM SOCIAL NETWORK
President Trump announced that the U.S. is engaged in trade negotiations with China, aiming to resolve ongoing tariff disputes. While details remain scarce, the discussions follow the imposition of significant tariffs by both nations, which have strained economic relations and impacted global markets.
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Crofam News
CROFAM
Apr 19, 2025
In CROFAM SOCIAL NETWORK
In April, the U.S. power system is projected to generate over 51% of its electricity from clean sources, including wind and solar. This marks a significant milestone in the nation's transition to renewable energy, driven by increased solar capacity and favorable weather conditions. Experts view this as a positive step toward reducing carbon emissions and combating climate change.
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Crofam News
CROFAM
Apr 17, 2025
In CROFAM SOCIAL NETWORK
A new documentary titled "Vitalik: An Ethereum Story" follows Ethereum founder Vitalik Buterin over two years as he champions the transformative potential of crypto and blockchain beyond mere financial speculation. A pivotal but deleted scene from the film, released exclusively by TIME, features Buterin in war-torn Kyiv playing chess with Ukraine’s Minister of Digital Transformation, Mykhailo Fedorov. The exchange highlights how crypto supported the country following Russia’s 2022 invasion, facilitating nearly $100 million in relief efforts.
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Crofam News
CROFAM
Apr 17, 2025
In CROFAM SOCIAL NETWORK
EigenLayer, an Ethereum-based restaking protocol, has activated its Slashing Upgrade, introducing a mechanism to penalize validators who act maliciously or fail to meet performance standards. This move aims to enhance the protocol’s security and reliability, potentially attracting more institutional interest in restaking.
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Crofam News
CROFAM
Apr 17, 2025
In CROFAM SOCIAL NETWORK
Jupiter, a Solana-based decentralized exchange aggregator, has launched Jupiter Mobile V2, aiming to enhance user experience with a more intuitive interface, faster transaction processing, and seamless access to liquidity aggregation tools. The upgrade is expected to boost trading volume and ecosystem engagement, positioning Jupiter as a key player in Solana’s DeFi landscape.
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Crofam News
CROFAM
Apr 17, 2025
In CROFAM SOCIAL NETWORK
China is grappling with how to manage a growing cache of cryptocurrencies seized from criminal activities, amid a national ban on crypto trading. Currently, seized digital assets are inconsistently handled by local governments, often sold through private companies to generate revenue despite legal ambiguities. Legal experts, judges, and officials are calling for clearer regulations and centralized management to ensure transparency and curb potential corruption. Discussions suggest allowing judicial recognition of cryptocurrencies as assets and introducing standardized procedures for disposal. The issue has gained urgency amid a surge in crypto-related crimes—reaching 430.7 billion yuan ($59 billion) in 2023—and as local governments increasingly rely on proceeds from sold crypto to bolster finances. Several seminars have explored solutions, including creating central oversight by the People’s Bank of China or forming a national crypto reserve, similar to U.S. President Donald Trump’s proposed bitcoin reserve. With China holding approximately 15,000 bitcoins, stakeholders suggest that a centralized system, possibly via a sovereign fund in Hong Kong, could maximize asset value. Calls are also growing to regulate third-party companies involved in crypto sales to ensure asset safety and compliance with financial rules.
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Crofam News
CROFAM
Apr 17, 2025
In CROFAM SOCIAL NETWORK
James Gunn's upcoming Superman film, slated for release on July 11, 2025, stars David Corenswet as Superman, Rachel Brosnahan as Lois Lane, and Nicholas Hoult as Lex Luthor. The film explores Superman's dual identity and moral convictions, focusing on his reconciliation of Kryptonian heritage with his Kansas upbringing. Inspired by the comic run All-Star Superman, the movie aims to blend old-school sci-fi elements with grounded character relationships.
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Crofam News
CROFAM
Apr 17, 2025
In CROFAM SOCIAL NETWORK
Johnny Depp is making a significant return to mainstream Hollywood with the thriller Day Drinker, directed by Marc Webb. This marks Depp's first major studio role since his legal battles with ex-wife Amber Heard. The film, shot in Spain, features Depp as a mysterious yacht guest entangled with a bartender, played by Madelyn Cline, alongside Penélope Cruz.
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Crofam News
CROFAM
Apr 17, 2025
In CROFAM SOCIAL NETWORK
The live-action adaptation of the popular video game, A Minecraft Movie, has become the highest-grossing film of 2025. After a record-breaking $162.7 million opening weekend, it earned an additional $80 million in its second weekend, bringing its domestic total to $281 million and global earnings to $550 million. The film stars Jason Momoa, Jack Black, and Jennifer Coolidge, and follows four misfits transported to a blocky world where they embark on a magical quest with the help of Steve, portrayed by Jack Black.
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