Welcome to our new series called Spicy Projects! In this series, we’ll highlight the spiciest and most interesting projects in the Web3 space. Each article will introduce you to a unique project, explain what it’s all about, and share insights directly from the creators. If you're curious about what’s happening in Web3, this is your place to find out.

Our first feature? A creative memecoin project called Department Of Government Inefficiency - D.O.G.I.N..

DoginHood: A Memecoin with Real-World

China's High Court has clarified its stance on cryptocurrencies, acknowledging their "property attributes" under Chinese law. This means cryptoassets can be treated as commodities but are not recognized as currency or business instruments. While this recognition offers limited legal protections, the court emphasized that raising funds through token issuance or circulation remains illegal.

The ruling came during a case involving two businesses embroiled in a fraud dispute over a failed token lau

The $SUI blockchain has faced a significant disruption, remaining inactive for 51 minutes with no blocks produced during this time. This unexpected downtime has raised concerns within the crypto community, as block production is vital for processing transactions and maintaining the network's functionality. The prolonged pause has left users questioning the reliability of the blockchain and eagerly awaiting updates from the development team about the cause of the issue and the steps being taken t

Bitwise Asset Management has filed for a Delaware trust as part of its plans to launch a Solana ETF (exchange-traded fund). This move signals the company’s strategy to expand its crypto offerings, capitalizing on the growing popularity of blockchain assets like Solana. The filing is a step toward submitting the ETF for approval to the SEC, though challenges remain.

The proposed Solana ETF aims to track the price of Solana (SOL) and is part of Bitwise’s broader expansion efforts. This year, the

President-elect Donald Trump is reportedly planning to create a new role in the White House: a permanent crypto advisor. This position would act as a link between Congress, regulators, and the White House to shape and oversee cryptocurrency policies. While no official candidates have been named, rumors suggest Brian Brooks, a former Binance.US and Coinbase executive, is being considered.

The responsibilities of this role remain unclear, but some speculate that the advisor could play a significa

The SEC has distributed $4.6 million to investors affected by the failed BitClave ICO in 2017. The payout includes principal amounts and interest for those eligible, marking a major step in compensating participants impacted by the collapse of the blockchain startup. BitClave, which raised $25.5 million through its Consumer Activity Token (CAT) ICO, faced a lawsuit from the SEC in 2020 for violating federal securities laws.

The funds for the distribution came from the BitClave Fair Fund, establ

MicroStrategy has climbed into the top 100 public companies in the United States, driven by a 915% surge in its stock price. The company, led by CEO Michael Saylor, adopted a bold Bitcoin-focused strategy that has propelled its market value to over $110 billion. This milestone follows a series of massive Bitcoin purchases, including $4.6 billion worth of BTC acquired through funds raised from convertible senior notes. The company’s recent success puts it ahead of notable firms like Intel and Del

The cryptocurrency world is buzzing with discussions about a potential "Crypto-Czar" role in the White House. President-elect Donald Trump is reportedly considering creating this position to guide US policy on blockchain and digital assets, signaling an effort to modernize crypto regulations. Among the names suggested, Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, has proposed Brian Armstrong, the CEO of Coinbase, for the role.

Hoskinson believes Armstrong’s expertise ma

The campaign to adopt Bitcoin (BTC) as a strategic reserve asset is gaining momentum in the United States, with new endorsements from influential figures and organizations. VanEck, a major asset management firm, has openly backed the idea, calling for Bitcoin to be integrated into state and national reserve strategies. VanEck’s support highlights growing institutional interest in Bitcoin’s potential as a modern reserve asset.

Michael Saylor and prominent politicians like Senator Cynthia Lummis

Michael Saylor, Chairman of MicroStrategy and a prominent advocate for Bitcoin, is set to deliver a brief pitch to Microsoft's board of directors, urging them to consider investing in Bitcoin. Saylor revealed that he has been granted just three minutes to make his case, during which he will outline how adding Bitcoin to Microsoft's portfolio could make the company’s stock more stable and less risky.

Set a reminder for this post-US election bombshell discussion with @SenLummis, @saylor, @matthew

President-elect Donald Trump is continuing to embrace cryptocurrency, making it a prominent focus of his agenda. Trump Media & Technology is reportedly close to acquiring Bakkt, a cryptocurrency trading and brokerage firm. The deal, which is said to be in advanced stages, highlights Trump's increasing involvement in the digital asset world. While the financial details remain unclear, the potential acquisition aligns with Trump's broader crypto strategy, which includes building a bitcoin reserve

Howard Lutnick, CEO of Cantor Fitzgerald, has been nominated by President-elect Donald Trump as the next Secretary of Commerce. If confirmed, Lutnick will oversee a broad department responsible for managing trade, economic data, technology funding, and even weather monitoring. His close connections to top business leaders make him a strategic choice for this role.

Lutnick, a co-chair of Trump’s transition team, has been part of Trump’s inner circle and once appeared on The Apprentice. This nomi

The probability of Bitcoin (BTC) reaching $100,000 by the end of this year has surged to 72% on Polymarket, a popular platform for predicting future events. This marks a significant rise in optimism around the world’s largest cryptocurrency, driven by several factors influencing its recent rally.

Bitcoin’s price has been on an upward trend, supported by growing interest from institutional investors and increasing speculation about regulatory clarity in key markets. Analysts point to improving m

In this guide, we’ll take a close look at what makes NOW Wallet such a standout option as well as possible drawbacks. We’ll also cover what you need to know to get started with NOW Wallet in 2024-2025. Let’s get right into it.

Pros and Cons of NOW Wallet

NOW Wallet is a non-custodial crypto wallet. It has been around since 2021 and is an offering of the team behind ChangeNOW, an instant crypto exchange service. The wallet is handy and combines cross-platform access with select, advanced functi

Investor Scott Bessent is being considered a frontrunner for the role of Treasury Secretary in Donald Trump’s administration. Over the past few weeks, Bessent has made several visits to Mar-a-Lago, Trump’s private estate in Florida, sparking speculation about his chances of securing the position. Known for his successful career in finance, Bessent previously served as the chief investment officer for Soros Fund Management before starting his own firm, Key Square Group. His deep understanding of

Nepal's blanket ban on cryptocurrency trading is making it more difficult for victims of fraud to report their cases to authorities, according to a new report by the country's Financial Intelligence Unit (FIU). The FIU, which operates under Nepal Rastra Bank, highlighted the challenges faced by victims of crypto-related scams in its Strategic Analysis Report for 2024.

The report states that fraudsters are using sophisticated techniques, such as "smurfing," where large transactions are split int

MicroStrategy has announced plans to offer $1.75 billion in zero-coupon convertible notes, maturing in 2029, to finance the purchase of even more Bitcoin (BTC). The move comes on the same day the company acquired over $4.6 billion worth of Bitcoin, following a $2 billion purchase made the previous week. This bold strategy reinforces MicroStrategy's commitment to Bitcoin, making it the largest holder of the cryptocurrency in the world.

The convertible notes will not pay any interest but will mat

Donald Trump’s media company, Trump Media, is in discussions to acquire Bakkt, a crypto exchange, leading to a sharp rise in the company’s stock price. Meanwhile, Trump is also engaging in talks with Coinbase CEO Brian Armstrong regarding key pro-crypto appointments for his upcoming administration.

Trump’s potential acquisition of Bakkt has attracted attention, especially since the exchange’s stock has surged following these discussions. Although Bakkt once held a prominent position in the cryp

Tudor Investment Corp, led by hedge fund manager Paul Tudor Jones, has significantly increased its investment in Bitcoin. According to a recent filing with the Securities and Exchange Commission (SEC), the firm now holds over 4.4 million shares in BlackRock’s iShares Bitcoin Trust ETF, a large increase from the 869,565 shares it owned in June 2024. This increase highlights Tudor’s growing confidence in Bitcoin as the price of the cryptocurrency continues to rise.

As of the end of September 2024

US lawmakers are urging the U.S. Treasury Department to focus more on crypto mixers, particularly Tornado Cash, which has been involved in laundering large sums of illicit funds. Tornado Cash, a decentralized platform, has faced legal issues after its co-founders were accused of facilitating billions in money laundering.

Rep. Sean Casten from Illinois, along with five other Democratic lawmakers, sent a letter to the Treasury Department last week calling for more investigation into the platform.