Transaction URL: https://blockchain.com/btc/tx/3efc906533f71b1bec8d0e09d316e3a145d99ec0aa7276695eb2cf17e85295f4
- Crunch
- Global
This is a segment from the Empire newsletter. To read full editions, subscribe.
$1.9 to $2.64 billion.
That’s the amount of potential revenue that Dragonfly thinks US users have missed out on thanks to geoblocking.
Okay, really, it’s more because of the regulatory environment — or should I say former environment.
“As of 2024, we estimate that 22-24% of all active crypto addresses worldwide belonged to US residents. Our sample of 11 projects generated a total value of approximately $7.16 billion to date, during which approximately 1.9 million claimers participated worldwide with an average median claim value of around $4.6 thousand per eligible address,”…
Read more on Blockworks

California State Senator Ben Allen has endorsed bitcoin nonprofit founder Dom Bei in his campaign for a seat on the board of the California Public Employees’ Retirement System (CalPERS).
CalPERS oversees a massive $500 billion pension fund serving over 2 million public sector retirees. If elected, Bei would be the first openly pro-bitcoin voice on the 13-member board.
Bei is a 16-year veteran firefighter who founded Proof of Workforce, a nonprofit providing bitcoin education to workers, unions and pension funds. He previously served on Santa Monica’s pension advisory board and played a key role in the city’s firefighters union, becoming one of the first to hold bitcoin.
I’ve…
Read more on BitcoinMagazine

Founder: Max Kei (CEO)
Date Founded: March 2024
Location of Headquarters: Lugano, Switzerland
Website:
Public or Private? Private
Max Kei is a builder in the Bitcoin P2P space as well as a seasoned banker, which makes him uniquely qualified to create Debifi, a noncustodial, bitcoin-backed P2P lending platform that primarily serves institutions.
Kei’s work in the Bitcoin space began in 2017, when he first contributing to Hodl Hodl, which quickly became a widely used noncustodial P2P trading platform.
In 2020, he helped the exchange launch Lend at Hodl Hodl, the first noncustodial P2P borrowing and lending product in the Bitcoin space.
The…
Read more on BitcoinMagazine

21Shares AG one of the leading issuers of cryptocurrency exchange traded products announces a significant reduction in fees for its Bitcoin Ethereum Core ETP (ABBA) now listed on the Xetra exchange. Starting 12 March 2025 the management fee will be just 0.49% marking a new era of cost-effective crypto investment opportunities
The ABBA ETP provides efficient exposure to both Bitcoin and Ethereum and is fully backed by these cryptocurrencies. The fee cut to 0.49% positions ABBA as a compelling choice for investors seeking access to major digital assets through a regulated secure avenue
With its new listing on Xetra 21Shares ensures greater liquidity and transparency making ABBA more accessible to European investors. Mandy Chiu Head of Financial Product Development at 21Shares highlights this initiative as a step forward in democratizing Bitcoin and Ethereum investments through trusted cost-effective solutions.
