
A globe-spanning crypto romance scam that funneled $2.5 million through digital wallets has unraveled, exposing a mastermind now staring down 40 years behind bars. Feds Hunt Down Suspect in $2.5M Crypto Scam—Now He Faces 40 Years in Prison The U.S. Department of Justice (DOJ) announced on April 9 that a Nigerian man has been charged
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Corporate Bitcoin Holdings Hit 668K BTC In Q1 2025, Mass Adoption Incoming?

Bitcoin (BTC) institutional adoption is growing as more publicly traded companies add the asset to their balance sheets. Over the last three months, institutions have capitalized on price dips to establish good entry positions for the asset class. Notably, institutional demand is increasing at a fast pace following weeks of decline after prices hit lows not seen in months. Companies Holdings Surge 16% A new Bitwise report shows the Bitcoin held by publicly listed companies soared 16% in Q1 2025. In a recent post on X, it was revealed that the institutional grip on the market has grown over the last three months. The total asset holdings tapped 688,000 BTC at the end of the quarter, marking a whopping 3.2% of the total supply. Institutional investors holding this number spark positive sentiment across the market, especially from retail holders. The demand for these players is a major market mover, leading to price peaks. Last year, the influx of investors after the approval of spot Bitcoin ETFs in the United States drove the assets to new all-time highs. This boost led investors and issuers to launch multiple altcoin ETFs. The total value of these companies’ Bitcoin holdings topped $57 billion, representing a 2% increase over the last three months. Meanwhile, the number of companies reached 79, a 17% change, with 12 new companies holding the asset. New companies joining the pack show a bullish drive from large holdings after watching other firms accumulate the asset. Michael Saylor’s Strategy has remained vital to the influx of new holders. According to the report, Strategy tops the company list with 528,185 BTC, while Marathon Digital and Riot Platforms rank second with 47,531 BTC and 19,223 BTC. CleanSpark and Tesla conclude the top five with 11,869 BTC and 11,509 BTC, respectively. Q2 Off To A Shaky Start For most analysts, last quarter saw growth due to bullish projections for Q4 2024. The outcome of the US elections , coupled with price jumps, drew the attention of institutional players. This year, the asset has recorded a sharp 22% decline from its all-time high of $108k, affecting the wider market. Furthermore, Q2 2025 started with President Trump’s new tariffs causing a stir in US stocks and crypto prices. A drop in the market cap weakened trader sentiments. However, institutional traders and larger holders often enter the markets during price dips. Bitcoin.com

BNB Chain’s announces upgrade to $100m incentive program
BNBChain is upgrading its $100 million incentive program to feature direct token acquisition. According to an update , the change in approach follows ecosystem feedback that showed the initial liquidity program for memecoins, decentralized finance, artificial intelligence and gaming tokens among other projects on BNB Chain was not as effective as expected. BNB Chain initially announced the $100 million program aimed at incentivizing centralized exchanges to list native BNB Chain tokens in March 2024. The goal was to strengthen on-chain liquidity and to solidify market foundations, with projects earning rewards for listing on CEXs in a tiered approach. Top exchanges included Binance , Coinbase, Upbit, while tier two and three consisted of Kraken, Bybit, OKX and Bitget, MEXC, Gate.io, KuCoin, Crypto.com respectively. Rewards ranged from $10k to up to $500k. You might also like: Crypto exchange Kraken to add support for Binance-backed BNB token According to BNB Chain, feedback after a three-week pilot showed this model wasn’t working, which is what prompted the change. Rather than the incentives aimed at through listings, the BNB Chain now plans to support high-performing projects via direct investments. Projects with a market cap of over $1 million and average daily active traders exceeding 300 or total value locked of $20 million can enter a “qualified pool.” Other metrics, including security, will apply, with selected projects seeing BNB Chain Foundation purchase $100,000 worth of tokens. “BNB Chain Foundation also keeps the flexibility to decide when to purchase tokens and how to handle the purchased tokens,” the platform wrote. This initiative eyes tokens that qualify as being 100% BNB Chain native, with this tag extended to those that have successfully migrated from other chains. The blockchain has seen an influx of new projects as developer activity spikes across DeFi, AI, web3 gaming, and memes. Some of these new launches include infra project Quex Tech, payments solution Crypto Use, AI-powered web3 launchpad BNB4.AI and Market.Win, an oracle data-based prediction market. You might also like: Interview: BNB Chain on hosting Trump-affiliated USD1 stablecoin Bitcoin.com