Texas lawmakers passed a bill on Wednesday that allows for the creation of a strategic Bitcoin reserve.Supporter of the bill, Texas Blockchain Council’s founder and President Lee Bratcher, told The Block he expects Governor Greg Abbott will sign the bill.Bratcher estimates the state will initially invest tens of millions of dollars in Bitcoin.

World, formerly knowns as Worldcoin, raised $135 million through a WLD token sale. Participants in the fundraise include Andreessen Horowitz and Bain Capital Crypto. World plans to bolster its United States expansion as well as grow the World Network through the token sale. 

The previous all-time high for Bitcoin was $109,358, set back in January as President Donald Trump assumed office.Analysts recently declared a “hold in May and stay” mantra for the market, saying 2025 will differ from prior summer lulls.

As centralized exchanges and On-chain Trading edge closer to integration, global crypto trading platform BYDFi has officially launched MoonX, a powerful new on-chain trading engine. Positioned as a “t

Circles v2, launching on Wednesday, might just be the culmination of Gnosis co-founder Martin Köppelmann’s life’s work.The community-focused money experiment incorporates a number of projects incubated by Gnosis, including Safe, CoW Swap, and Gnosis Pay. 

Assassin’s Creed developer Ubisoft partnered with blockchain-gaming studio Immutable to release a new mobile title based on the popular “Might and Magic” IP.Ubisoft launched its first blockchain game last October.

The Scroll team describes Euclid as “the most substantial protocol transformation” since its mainnet launch, promising improvements to network throughput and security and support for upcoming upgrades like EIP-7702 and RIP-7212.Euclid will make the network “Stage-1 ready,” a term used to describe a sufficient amount of decentralization around technical systems like L2 provers and sequencers.

Symbiotic has raised $29 million to expand from restaking into a broader “universal staking” platform.Its new framework aims to help any network secure itself using any asset — without rebuilding from scratch.  

Gate.io said it will provide full compensation to users affected by an emergency system upgrade involving its futures services.The crypto exchange said its spot and other services were not affected, and deposits and withdrawals are being processed as normal.

The SEC has accused PGI Global founder Ramil Palafox of orchestrating a fraudulent crypto scheme that raised approximately $198 million.The agency’s complaint charges Palafox with violating anti-fraud and registration provisions of federal securities laws.

South African users may be subject to more thorough Know-Your-Customer practices when sending and receiving crypto.Binance plans to implement the changes from April 30.

U.S. spot bitcoin ETFs saw $936 million in net inflows, which is the largest since Jan. 17.Analysts said institutional capital is flowing back into bitcoin as its role as a potential “safe haven” asset grows stronger.

Paul Atkins said during his swearing-in ceremony on Tuesday that the SEC will work to provide a firm framework for digital assets through a “rational, coherent and principled approach.”Atkins’ remark reflects a shift from previous Chair Gary Gensler’s approach.

Rep. Nydia M. Velázquez, D-N.Y., introduced the Fair Taxation of Digital Assets in Puerto Rico Act on Tuesday.The bill would make income from cryptocurrency staking, mining or trading in Puerto Rico subject to federal taxation.It would amend current law that allows individuals to exempt crypto-based income if they have lived on the island for at least six months.

The parallel drop in both active and new addresses strongly suggests that the rise in user activity during the August 2024 to February 2025 period was heavily driven by newly created addresses that lacked long-term retention.The following is an excerpt from The Block’s Data and Insights newsletter.