Blockchain

Donald Trump is leveraging his meme coin's popularity, generating substantial revenue and offering access to exclusive events. Holders of the $TRUMP coin can attend a dinner and reception with the former president, driving up trading volume and fees for the coin's creators.

U.S. President Donald Trump is making a bold foray into the crypto space this May with two high-profile, crypto-focused fundraising events. The 'Crypto & AI Innovators Dinner' on May 5 and the $TRUMP token gala dinner on May 22 are two key events that Donald Trump is focusing on this month.

From regulatory clarity to ecosystem development and experimentation with real-world use cases, we dive deep into Dubai’s burgeoning blockchain space.

Digital real estate startup Alt DRX has raised Rs 23 crore in funding from institutions like Qatar Development Bank and angel investors including Harsha Bhogle. The funds will fuel customer acquisition and technology enhancement. Alt DRX aims to revolutionize residential real estate by enabling tokenised property ownership, leveraging blockchain for transparency and accessibility.

Elon Musk stirs intrigue with his latest X handle update to ‘Gorklon Rust’, referencing his AI chatbot and the Rust programming language. The playful update follows an AI-driven revamp of X’s recommendation algorithm. Musk’s quirky name changes, especially ones in reference to past memes, continue to capture attention and fuel online buzz.

India's burgeoning online video sector faces a significant threat from digital piracy, potentially leading to billions in losses and hindering growth. A recent report highlights the urgent need for effective anti-piracy measures to recover revenue, boost content creation, and generate jobs. Industry leaders are advocating for proactive strategies, technological tools, and stronger enforcement to combat this growing issue.

India is rapidly becoming a global creative powerhouse, fueled by its talent pool, cultural richness, and technological advancements. The country's media infrastructure is expanding, supporting global programming with cost-effective VFX and animation. Indian studios are increasingly adopting AI and virtual production, creating immersive content and earning international recognition through films and music.

Britain plans to ban credit card purchases of crypto and tighten access to crypto lending, aiming to protect retail investors as it brings the sector under formal regulation. The FCA warns of risks, proposing credit checks, investment tests, and clearer rules for staking and borrowing.

Seven of the eight biggest publicly traded miners that are based in the US are expected to post a loss when they report first-quarter results, according to analysts' estimates compiled by Bloomberg. The financial struggles come even after Bitcoin reached a record above $109,000 in January, and its price in the quarter averaged about 75% higher than it was in the first quarter of 2024.

Bitcoin is nearing $95,000, fueled by institutional interest and adoption, while Ethereum maintains its strength in DeFi. XRP demonstrates stability despite legal challenges, driven by its cross-border payment solutions. Other altcoins like BNB, Solana, Dogecoin, Sui, and Chainlink are also making significant strides, contributing to a dynamic and promising cryptocurrency market in 2025.

India aims to be an $8 trillion economy by 2035, facing challenges like income disparity and low formalization. Real estate tokenization offers a solution by converting property value into digital tokens, increasing liquidity and lowering investment barriers.

Matt Huang, co-founder of the $12 billion crypto firm Paradigm, says Gen Z employees often drive him to the brink — but their unmatched brilliance makes it worth it. Sharing stories of eccentric hires like 19-year-old MIT dropout Charlie Noyes and teenage prodigies discovered on Discord, Huang likens leading his team to running “X-Men Academy.” Despite the generational chaos, more leaders, including Will.i.am and Josh Kushner, are now backing Gen Z talent, betting big on their disruptive energy and transformative ideas.

Mark Carney's ascendance signals a potential shift in Canada's crypto landscape, prioritizing stability amid economic uncertainties. While skeptical of cryptocurrencies like Bitcoin, Carney aims to integrate the crypto industry into the mainstream financial system through stricter regulations and the development of Central Bank Digital Currencies. The industry awaits clarification on Canada's future approach, balancing innovation with financial stability.

Reversing four months of inflows, April saw a net ₹13,359 crore of outflow from the index-eligible fully accessible route (FAR) government securities, the highest monthly exit since India's inclusion in the JP Morgan EM index in July 2024, CCIL data showed. Passive investments often closely track the weightings on global gauges.

Ather Energy’s IPO was oversubscribed on the final day, driven by late interest from QIBs. This and more in today’s ETtech Top 5.

Trump-linked crypto firm World Liberty Financial signed a blockchain deal with Pakistan days after a deadly terror attack in India, raising security concerns. The firm’s deep Trump family ties and opaque investor links spark ethical worries, as Pakistan eyes crypto growth amid geopolitical tensions.

A cryptocurrency company, largely owned by the Trump family, has signed a letter of intent with Pakistan to boost blockchain adoption, just days after a terrorist attack escalated tensions with India. This venture raises concerns about conflicts of interest, as the company seeks currency swap deals and receives investments from controversial figures.

The UAE is set to launch AE Coin, a fully regulated, dirham-backed stablecoin under Central Bank oversight. Aimed at enhancing financial inclusion and digital payments, AE Coin supports the UAE's blockchain-driven economic goals, backed by key institutions to ensure transparency, security, and global investor confidence.

Pakistan Crypto Council and World Liberty Financial signed key agreements to boost crypto investment and innovation in Pakistan. Supported by top officials, the partnership aims to advance blockchain, stablecoins, and decentralised finance. The move positions Pakistan as a rising player in digital finance, ahead of expected crypto legalisation policies.

Atul Khekade and Ritesh Kakkad established XDC Network to address inefficiencies in global trade and finance. The platform uses a hybrid blockchain to balance transparency and confidentiality, benefiting SMEs by streamlining trade finance processes through asset tokenisation.