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As reported by CNF, Charles Hoskinson has faced allegations from Masato Alexander, who claims that Hoskinson misappropriated 318 million ADA during the 2021 Allegra hard fork comic play casino. In his defence, Charles stated that a Move Instantaneous Rewards (MIR) transaction was used to quietly redirect unclaimed ADA from early investors into Cardano’s treasury without clear communication or consent.
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Cryptocurrency news predictions
He makes this assumption based on history, where diamonds’ value tumbled after scientists achieved lab-grown diamonds. If the same happens for gold over time and its scarcity value diminishes, investors may shift to Bitcoin as a store of value.
Among the 10 largest cryptocurrencies by market capitalization, XRP (XRP) was the best July performer with a 26.9% gain. Toncoin (TON) was the worst performer of the month but remains up 21.5% overall in the past three months.
In April, the JPMorgan analysts warned bitcoin’s burgeoning reputation as “digital gold” was under pressure as the bitcoin price failed to hold up in the face extreme market volatility triggered by Trump’s global trade war.
With bitcoin’s market capitalization “back above $2 trillion and gold trading north of $3,200/oz, the two now stand side-by-side—as hedges against geopolitical turmoil and, increasingly, as high-conviction stores of value for the future,” Gadi Chait, head of investment at bitcoin and crypto custody company Xapo Bank, said in emailed comments.
Those “crypto-specific catalysts” include the passage of pro-crypto laws and regulations in the U.S. as well as Trump’s support of the technology. Elsewhere, Wall Street and tech giants are quietly gearing up to blow up the crypto market.
Cryptocurrency news april 28 2025
The law’s definition of “computational power” can be broadly interpreted to mean AI, scientific research, blockchain activities and cloud computing. It effectively protects home crypto miners from local and municipal zoning laws and bans.
Although tariffs and trade conflict dominated market attention, institutional investment in the crypto industry continued at a healthy pace, supported by increasing regulatory clarity (for more details, see March 2025: Institutional Chain Reaction). There are now two distinct trends: (1) traditional financial services firms investing in crypto, and (2) crypto-native firms starting to offer traditional financial services. Examples from the last month include reporting that Dutch bank ING is working on a stablecoin, moves by Mastercard to bring stablecoins into its payments network, an announcement from crypto exchange Kraken that it will offer equity and ETF trading, news that BitGo and others are working to get U.S. bank licenses, and the introduction of a new payments platform by stablecoin issuer Circle.
The tokenization of real-world assets (RWAs) has been one of the rising use cases for blockchain technology in April. Ethereum is leading the way, with the value of the RWA tokenization on the network increasing to $6.2 billion. This marks a 20% increase over the month of April.
Witkoff emphasized that “the future belongs to the builders, not the bystanders,” highlighting that the initiative is just beginning. The discussion also aimed at exploring ways to push the crypto sector into its next growth phase.