North Dakota Takes First Steps Towards State Bitcoin Reserve

Millions of dollars in major tokens were purchased by crypto wallets connected to the Trump family-supported World Liberty Financial project, causing price surges. The project, with Donald Trump as chief advocate, bought significant amounts of ETH, AAVE, and LINK tokens, leading to bullish sentiment.

The Australian crypto industry faces uncertainty after ASIC's Digital Assets Lead compared Bitcoin to cigarettes in prison during a liaison meeting discussing the application of NCP legislation to digital assets. Industry leaders worry that applying financial regulations to tools like non-custodial wallets could stifle innovation.

The Vancouver City Council voted to explore making the city "Bitcoin-friendly," directing staff to investigate accepting taxes and fees in Bitcoin and converting part of the financial reserves into Bitcoin. Despite facing regulatory hurdles, Mayor Ken Sim remains committed to the initiative.

Treasure has launched its new Ethereum layer-2 scaling network, moving away from Arbitrum to focus on gaming-specific needs. The network, part of ZKsync’s Elastic Chain, will require migration of games, NFTs, and tokens from Arbitrum to the new platform.

The Pudgy Penguins NFT collection has surged in value, with the floor price exceeding $100,000, driven by anticipation for the upcoming PENGU token airdrop on Solana. The project has become the second most-expensive profile picture (PFP) project, surpassing the Bored Ape Yacht Club.

The Commodity Futures Trading Commission accused Francier Obando Pinillo of running a fraudulent scheme that took at least $5.9 million from investors by promising high returns through a fake platform. Pinillo allegedly targeted unsophisticated investors, including church members, and sent funds to private wallets in Colombia.

Fartcoin, a meme coin on the Solana blockchain, surged to a new all-time high above $0.52, with a market cap exceeding $520 million. The rise is part of a broader gain in the AI sector, particularly AI-related meme coins.

Peanut the Squirrel (PNUT), a Solana meme coin inspired by a social media-famous squirrel, surged 19% after news of Coinbase planning to list it. With a $1.27 billion market cap, PNUT is up 27% for the day, following the "Coinbase Effect."

Ubisoft has announced the launch date for its game Captain Laserhawk: The G.A.M.E. on Ethereum's Arbitrum network, featuring NFTs for player engagement. The Niji Warrior NFT collection will allow holders to influence game mechanics and storyline developments.

In late 2023, leaders of major crypto companies like Coinbase, Ripple, and Andreessen Horowitz decided to form a crypto super PAC to influence American politics. By donating millions, they aimed to protect the industry from regulatory threats and gain political support.