Crypto Champion

Crypto Champion

Cryptocurrency-related contents that explains the status, need, or redundancy of new and old cryptocurrencies.


California Passes Bill to Seize Dormant Crypto Assets

5 Jun 2025 1 minute read 4 comments Yugocean $0.13

     The California Assembly has unanimously passed Bill AB-1052, allowing the state to take custody of cryptocurrency assets that have been inactive on exchanges for more than three years. Passed by a 78-0 vote, the bill classifies such assets as “u...

Pro-crypto Karol Nawrocki is Polish President

3 Jun 2025 1 minute read 0 comments Yugocean $0.06

Polish conservative and pro-crypto leader Karol Nawrocki has won Poland’s presidential election with 50.89% of the vote. While it remains uncertain whether Nawrocki personally holds any cryptocurrency, he has expressed support for the cryptoverse and...

Stablecoin Market Cap is $250 billion

2 Jun 2025 1 minute read 1 comment Yugocean $0.19

     The total market capitalization of stablecoins has surpassed $250 billion, reaching a new all-time high. This growth underscores the increasing demand for stablecoins, which I think is due to providing a hedge against market volatility.   The Do...

Cetus will compensate the victims of hacking

28 May 2025 1 minute read 0 comments Yugocean $0.20

     The Cetus protocol, a decentralized exchange (DEX) on the SUI blockchain, was the victim of a major hacking due to a smart contract vulnerability. Now Cetus plans to compensate the affected users.   The Hack      Five days ago, Cetus suffered a...

Will TMTG raise $3B?

27 May 2025 1 minute read 4 comments Yugocean $0.12

     The Financial Times has reported that the Trump Media & Technology Group (TMTG) is allegedly planning to raise 3 billion —2 billion through a stock offering and $1 billion via convertible bonds — with the intention of investing in cryptocurrenci...

BTC's historic surge on Bitcoin Pizza Day

23 May 2025 1 minute read 0 comments Yugocean $0.10

     On May 22, 2025, as the crypto community celebrated the 15th Bitcoin Pizza Day, the value of Bitcoin reached a new ATH of $111093.58. The value of BTC is still above 110k while altcoins are struggling.   On this day in 2010      Laszlo Hanyecz...

Bitcoin nation El Salvador will tax 30% on foreign funds

22 May 2025 1 minute read 2 comments Yugocean $0.06

     El Salvador has imposed a 30% tax on foreign donations to NGOs. NGOs around the world are spreading chaos by smuggling funds. Bukele has taken steps to control this problem.      I even think that El Salvador's NGOs also get funds from the IMF,...

Vivek Ramaswamy's Strive Asset Management Eyes Bitcoin Reserve via Mt. Gox Purchase

21 May 2025 1 minute read 2 comments Yugocean $0.17

     Strive Asset Management, under the leadership of Vivek Ramaswamy, has unveiled plans to build a strategic Bitcoin reserve. As part of this initiative, the firm is aiming to acquire 75k Bitcoins from the collapsed Mt. Gox exchange at a discounted...

Blum co-founder Vladimir Smerkis arrested in Moscow for frau

19 May 2025 1 minute read 3 comments Yugocean $0.19

Vladimir Smerkis, co-founder and former Chief Marketing Officer (CMO) of Blum, has been arrested in Moscow. While the specific details of the charges against Smerkis have not been disclosed, they are believed to involve large-scale fraud using BLUM....

E-Commerce Firm DDC Enterprise Adopts Bitcoin

16 May 2025 1 minute read 2 comments Yugocean $0.11

  DDC Enterprise, a consumer brand and e-commerce company operating in China and the United States, has announced to adopt Bitcoin as a strategic reserve asset. The company has initiated this strategy by purchasing 100 BTC and aims to accumulate a to...