News
by BSCN
April 5, 2025
Stay updated with key crypto stories this week: BNB ETF plans, PayPal adds SOL & LINK, and MARA’s $2B Bitcoin strategy.
As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed
about the latest developments and trends. Our weekly recap provides a concise yet comprehensive overview of the most significant news and trends in the DeFi and crypto space, helping you stay informed and up-to-date with the latest happenings.
VanEck has filed to register a trust for a Binance Coin (BNB) ETF in Delaware, marking the first step toward launching a BNB-focused ETF in the U.S. The filing, dated March 31, is a key move ahead of a formal application to the SEC.
While BNB investment products exist in other markets, such as the 21Shares BNB ETP, no U.S.-based ETF currently tracks the fifth-largest cryptocurrency by market cap.
Learn more.
PayPal has added Solana (SOL) and Chainlink (LINK) to its list of supported cryptocurrencies for U.S. users. The platform now natively supports seven digital assets: BTC, ETH, LTC, BCH, PYUSD, SOL, and LINK. Users can buy, sell, and hold SOL and LINK directly via PayPal’s wallet, removing the need for third-party apps like MoonPay.
Read the full story.
BNB Chain has unveiled the first five projects chosen for its $100 million Liquidity Program, launched to boost liquidity for BNB-native tokens on major centralized exchanges. The selected projects will receive between $290,000 and $510,000 in funding.
The program, launched on March 24, offers BNB incentives to projects that secure listings on top CEXs, including Binance, Bybit, Bitget, KuCoin, and MEXC.
Find out the projects.
Bitcoin mining giant MARA Holdings has unveiled plans to raise $2 billion through a stock offering to expand its Bitcoin holdings. The sale, disclosed in a March 28 SEC filing, will be conducted via an at-the-market (ATM) program with Barclays, BMO Capital Markets, BTIG, and Cantor Fitzgerald.
MARA, which already holds 46,374 BTC, is the second-largest public holder of Bitcoin after MicroStrategy.
Read the full details.
President Bola Tinubu has signed the Investments and Securities Act (ISA) 2025 into law, officially recognizing cryptocurrencies as an asset class in Nigeria. The new legislation ends years of uncertainty and grants the Securities and Exchange Commission (SEC) full regulatory oversight of the crypto industry.
The law also targets fraud, criminalizing Ponzi schemes and introducing strict penalties for deceptive investment practices.
Find more information here.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCN. The information provided in this article is for educational and entertainment purposes only and should not be construed as investment advice, or advice of any kind. BSCN assumes no responsibility for any investment decisions made based on the information provided in this article. If you believe that the article should be amended, please reach out to the BSCN team by emailing [email protected].
Author
BSCN
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