🗞️ What Happened in Crypto Today – April 23, 2025

Stay updated with the latest developments in the crypto world:

1. 🏦 DeFi Development Corp Invests $11.5M in Solana

DeFi Development Corporation, formerly Janover, has added 88,164 SOL (worth $11.5 million) to its treasury, increasing its total Solana holdings to $34.4 million. This move follows its acquisition by former Kraken executives and a strategic pivot towards crypto. The company's shares (JNVR) rose by 12.83% on the news.

2. ⚖️ Oregon AG Sues Coinbase Over Unregistered Securities

Oregon Attorney General Dan Rayfield has filed a lawsuit against Coinbase, alleging that XRP and other digital assets are unregistered securities. This legal action aims to address what the state perceives as a regulatory gap left by federal agencies.

3. 🧑‍⚖️ Paul Atkins Sworn In as SEC Chair

Paul Atkins has been officially sworn in as the 34th chairman of the U.S. Securities and Exchange Commission (SEC). Nominated by former President Donald Trump, Atkins is expected to adopt a more crypto-friendly approach compared to his predecessor.

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