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NEW YORK, NEW YORK, April 21st, 2025, Chainwire GSR, a leading crypto trading and investment firm, today announced it has anchored a $100 million private investment in public equity (PIPE) into Upexi, Inc. (NASDAQ:UPXI), a brand owner specializing in the development, manufacturing, and distribution of consumer products. The investment follows Upexi’s announcement of a strategic shift toward a cryptocurrency-based treasury strategy aimed at generating long-term appreciation and yield for shareholders. Upexi has committed to the establishment of a Solana treasury strategy that includes the accumulation and staking of Solana. The investment underscores GSR’s confidence in Solana as a leading high-performance…

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Binance Alpha recently announced its 42nd batch of Spotlight Projects, featuring a mix of promising tokens, including Zora (ZORA), SPX, MOG, POPCAT, and CULT. Alongside this, Binance is rolling out an airdrop of 4,276 ZORA tokens for eligible users, sparking buzz in the community. Let’s dive into the details of this major update.Binance Adds ZORA to Spotlight Projects on Binance Alpha Alongside Other NamesBinance Alpha, known for spotlighting early-stage crypto projects, is bringing Zora (ZORA) into the mix with its 42nd batch of listings. ZORA, a token tied to a platform empowering creators to mint and monetize digital content, will…

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Homepage > News > Business > OKX, DWF Labs coming to US as regulatory oversight vanishes The OKX digital asset exchange and a questionable ‘crypto’ market maker are coming to America, drawn by the newfound regulatory free-for-all in the U.S. of A. On April 15, the Seychelles-based OKX announced its return to American shores via the launch of the OKX US exchange, the stateside launch of OKX Wallet, and a new ‘regional headquarters’ in San Jose, California. OKX also introduced a new CEO, former Barclays and crypto prime brokerage Hidden Road exec Roshan Robert, who claims to be looking forward…

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Crypto casinos generated more than $81 billion in revenue in 2024, even as regulators in key jurisdictions continued to block access to the platforms, according to a new report.Citing data from the anti-online-crime platform Yield Sec, the Financial Times reported that wagers paid in crypto in 2024 generated $81.4 billion in gross gaming revenue (GGR). This metric refers to the difference between bets taken and winnings paid out.  Yield Sec data also showed that the annual revenue for crypto casinos has increased five times since 2022, despite gambling sites being blocked in the United States, China, the United Kingdom and the…

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On April 20, Dogecoin holders celebrated the annual DogeDay, the event that first gained traction in 2021. But there’s another cause for celebration as an analyst is heralding a 500% surge for the memecoin, based on a historical pattern that preceded a major rally in the previous cycle. At press time, Dogecoin (DOGE) is trading at $0.16132, hovering at a major horizontal support level. It has been moving sideways in the $0.14–$0.16 range since late March, indicating an accumulation phase following a prolonged downtrend. The price action is currently testing the 20-day Exponential Moving Average at $0.16067 and appears to…

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. When OpenAI’s image generator debuted the ability to mimic Studio Ghibli’s iconic animation style, fans were stunned. But the real shock wasn’t just the eerily accurate results—it was the revelation that Ghibli’s work, like countless others, had likely been scraped to train the model without permission or compensation. The beloved studio’s legacy, built over decades, was ingested by machines and spit back out for fun. This is not an isolated case. The world’s most powerful AI models—from…

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The recent death of Pope Francis has propelled the meme coin inspired by the Vatican’s mascot, LUCE, above 130%. Not only that, more meme coins inspired by the Pope has also popped up on the market. According to data from meme coin tracking platform GMGN.Ai, the Solana (SOL)-based meme coin called LUCE has gone up as high as 134%. In the past 24 hours, the token reached a daily high of $0.02517. At press time, the meme coin is currently trading hands at around $0.015. Named after the official mascot of the Holy Year of 2025, LUCE is an unofficial…

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Homepage > News > Business > The limits of smart contracts in real-world transactions Scalable blockchains, tokenization, and smart contracts are all in the headlines these days. With financial giants like Larry Fink loudly promoting the virtues of tokenization and organizations like the Bank for International Settlements (BIS) experimenting with digital ledger technology, it seems the world’s movers and shakers have woken up to blockchain’s utility. While this can only be a good thing, it’s essential to recognize the possibilities and limitations of these interlinked technologies. For all their promise, smart contracts have one inescapable limitation: they do not, and…

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STX formed a God candle today, rallying as high as 19.5% after it broke out of a bullish pattern as the broader market recovered. Stacks (STX) rose to an intraday high of $0.717 on April 21, Asian time, before settling at $0.714 as of press time. Its market cap was set at nearly $1.1 billion while its daily trading volume was up over 200% at $153 million, indicating a surge in trading activity. Being a Bitcoin-based protocol, STX’s gains today can be largely attributed to it mirroring the uptrend in Bitcoin (BTC), which has risen nearly 3.4% over the past…

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ai16z has been confirmed as the native token of the newly launched Auto.fun AI agent platform. This could mark a turning point for ai16z price, which is showing early signs of recovery after weeks of stagnation. Shaw, founder of Elizalabs and the open-source elizaOS, confirmed that ai16z will serve as the native token of the Auto.fun launchpad, which officially launched on April 18. This milestone marks the successful execution of a key deliverable from the project’s Q1 roadmap. Designed as a development ground for no-code AI automation, Auto.fun allows for development and deployment of autonomous AI agents that can interact…

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