Friday🌑Web3 Highlights: Cardano’s Expansion, FBI’s $10M Bounty, Trump’s Crypto Picks, and Texas’ Bitcoin Move
1. Cardano’s Big Move: Driving blockchain adoption in Brazil’s public sector.
2. $10M FBI Bounty: Ex-Olympian accused of laundering drug money with Tether.
3. Trump’s Crypto Picks: The top coins that made — and missed — the cut.
4. Texas Backs Bitcoin: State Senate passes a strategic Bitcoin reserve bill.
🔍 Stay tuned for more insights!
The Web3 world is buzzing with major developments, and today’s headlines are packed with excitement. From Cardano’s push to bring blockchain to Brazil’s public sector to the FBI’s $10 million bounty on an ex-Olympian accused of laundering drug money with Tether, there’s no shortage of big moves. Trump’s evolving U.S. crypto reserve strategy is making waves, while Texas takes a bold step by passing a Bitcoin strategic reserve bill. As Web3 continues to reshape finance and governance, these stories show just how fast the landscape is evolving. Let’s dive into the details and explore what’s next in this digital revolution!
1. Cardano’s Big Move: Driving blockchain adoption in Brazil’s public sector.
The Cardano Foundation has partnered with Brazil’s state-owned IT giant SERPRO to modernize the country’s public sector through blockchain adoption and digital literacy. SERPRO, which supports 90% of Brazil’s federal government systems and handles 33 billion transactions annually, will collaborate with Cardano Academy to train employees in blockchain technology through masterclasses, workshops, and certification courses. This initiative aims to enhance transparency, efficiency, and innovation in government operations. As Cardano strengthens its global presence, its native token ADA recently surged after being named in Trump’s crypto reserve — though it later dipped amid Bitcoin’s market movements.
Kamina Bashir
2. $10M FBI Bounty: Ex-Olympian accused of laundering drug money with Tether.
Former Canadian Olympic snowboarder Ryan Wedding is now one of the FBI’s Ten Most Wanted Fugitives, accused of running a massive transnational drug syndicate that used Tether (USDT) to launder money. U.S. authorities claim Wedding smuggled large amounts of cocaine and fentanyl into North America and allegedly orchestrated multiple murders to protect his operation. Believed to be hiding in Mexico under the Sinaloa cartel’s protection, he faces life in federal prison if convicted. The U.S. government has offered a $10 million reward for information leading to his capture, underscoring the growing use of cryptocurrency in global crime networks.
Vismaya V
3. Trump’s Crypto Picks: The top coins that made — and missed — the cut.
Former President Donald Trump’s newly signed executive order has sent shockwaves through the crypto market by naming Bitcoin as the sole cryptocurrency in the U.S. Strategic Reserve. This surprising move excludes XRP, Ethereum, Solana, and Cardano, despite their earlier mention in a broader reserve plan. The order safeguards around 200,000 BTC owned by the federal government, treating it as a digital store of value akin to “digital gold.” This policy shift has sparked market volatility and disappointment among altcoin investors, who were hopeful for broader inclusion. As Bitcoin gains official recognition, other major cryptocurrencies face an uncertain future.
Vladimir Popescu
4. Texas Backs Bitcoin: State Senate passes a strategic Bitcoin reserve bill.
Texas is making waves in the crypto world as its Senate passed the Bitcoin reserve bill SB-21 with a 25-5 vote. The bill, introduced by Senator Charles Schwertner, aims to strengthen the state’s balance sheet by investing in Bitcoin, a valuable and scarce digital asset. Pro-Bitcoin lawmakers compared BTC to gold, calling it a hedge against inflation and not a competitor to the US dollar. If signed into law, Texas will become the first US state with a digital asset strategic reserve, leading the charge toward state-level Bitcoin adoption ahead of federal initiatives.
Vince Quill
Web3 is evolving at lightning speed, and these stories highlight how blockchain and crypto are reshaping global finance, politics, and governance. As Cardano drives adoption in Brazil and Texas backs Bitcoin reserves, the world is paying attention. With the FBI’s $10M bounty and Trump’s crypto strategy making waves, it’s clear that digital assets are more influential than ever. Stay tuned as we continue following these groundbreaking developments — the Web3 revolution is just getting started!
