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Month: May 2025

Sui community approves release of $162M in tokens frozen during Cetus hack

Sui community approves release of $162M in tokens frozen during Cetus hack

May 31, 2025

Validators representing nearly 91% of Sui stake approved an on-chain proposal to release about $162 million seized during last week’s Cetus exploit,…

Coinbase says FTX repayments could become a $5B market injection

Coinbase says FTX repayments could become a $5B market injection

May 31, 2025

Coinbase analysts believe that the $5 billion repayment round initiated by the FTX Recovery Trust could function as a significant injection of liquidity…

Binance’s CZ-Inspired TST Token Crashes after Whale Dumps Nearly $7 Million

Binance’s CZ-Inspired TST Token Crashes after Whale Dumps Nearly $7 Million

May 31, 2025

TST’s value plummeted over 40% almost instantly after an anonymous whale sold $6-7 million worth of the token. The asset’s…

Meta shareholders reject Bitcoin treasury bid in landslide vote

Meta shareholders reject Bitcoin treasury bid in landslide vote

May 31, 2025

Meta Platforms shareholders rejected a measure that urged the company to add Bitcoin (BTC) to its $72 billion cash pile, voting…

Brazilian Fintech Méliuz Launches Share Offering to Stack More Bitcoin

Brazilian Fintech Méliuz Launches Share Offering to Stack More Bitcoin

May 31, 2025

In brief Méliuz sent its shares tumbling over 8% Friday after the Brazilian fintech announced a primary share offering aimed at raising…

REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance

REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance

May 31, 2025

REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stake Ethereum (ETH)…

Solana to get first Kaito-like mindshare leaderboard

Solana to get first Kaito-like mindshare leaderboard

May 31, 2025

Anyone spending time on Crypto Twitter recently has been sure to run into users trying to farm positioning on some…

US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree

US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree

May 31, 2025

The US Treasury Department imposed sanctions on Funnull Technology Inc., a Philippines-based tech firm accused of facilitating hundreds of thousands of online…

Chinese AI Company To Invest $300 Million in XRP

Chinese AI Company To Invest $300 Million in XRP

May 30, 2025

Webus International, a Nasdaq-listed Chinese AI solutions company, announced today that it’s planning to invest up to $300 million in…

Banco Santander eyeing crypto expansion with fiat-backed stablecoin

Banco Santander eyeing crypto expansion with fiat-backed stablecoin

May 30, 2025

Banco Santander is exploring the development of a fiat-backed stablecoin and expanding its crypto offerings to retail clients, marking a…

Pi Network Weekly Losses Reach 15% – What’s Behind the Drop?

Pi Network Weekly Losses Reach 15% – What’s Behind the Drop?

May 30, 2025

Pi Network (PI) is showing mounting technical weakness, down nearly 15% over the past seven days and 4.4% in the…

Webus International reveals $300M XRP treasury bid to power borderless payments

Webus International reveals $300M XRP treasury bid to power borderless payments

May 30, 2025

Webus International revealed a plan on May 29 to raise up to $300 million through non-equity financing and deploy the capital into…

GameStop Stock Price Continues Sinking After $512 Million Bitcoin Buy

GameStop Stock Price Continues Sinking After $512 Million Bitcoin Buy

May 30, 2025

In brief The stock price of prominent video game retailer GameStop fell for the second straight day after the company…

Top Win unveils strategic investments in Asian Bitcoin sector following Sora merger

Top Win unveils strategic investments in Asian Bitcoin sector following Sora merger

May 30, 2025

Top Win International Limited, now trading under the Nasdaq ticker SORA, announced two major strategic investments this week as it…

BlackRock Bitcoin ETF Investments Have Already Hit a Record Monthly High

BlackRock Bitcoin ETF Investments Have Already Hit a Record Monthly High

May 30, 2025

In brief The iShares Bitcoin Trust (IBIT) exchange-traded fund has already amassed $6.22 billion in May, the largest monthly inflow…

Circle Freezes $58 Million Worth of USDC in Solana Wallets Tied to Libra Scandal

Circle Freezes $58 Million Worth of USDC in Solana Wallets Tied to Libra Scandal

May 29, 2025

In brief The Libra meme coin scandal, which rocked the cryptocurrency market and global politics earlier this year because of its…

Adam Back Presents Blockstream’s Bitcoin-First Infrastructure Vision at Bitcoin 2025 

Adam Back Presents Blockstream’s Bitcoin-First Infrastructure Vision at Bitcoin 2025 

May 29, 2025

Adam Back, Co-founder and CEO of Blockstream, took the stage at the Bitcoin 2025 Conference with a clear message: Bitcoin is becoming the foundation of global…

Pakistan to Launch Strategic Bitcoin Reserve, Says Crypto Minister

Pakistan to Launch Strategic Bitcoin Reserve, Says Crypto Minister

May 29, 2025

In brief A crypto advisor to the Pakistani government announced Wednesday that the country will launch a strategic Bitcoin reserve. Speaking at…

Bitcoin eyes $120,000 price zone as exchange flows, leverage surge

Bitcoin eyes $120,000 price zone as exchange flows, leverage surge

May 29, 2025

Bitcoin’s (BTC) on-chain activity has intensified as the asset consolidates near $108,000, with $120,000 emerging as the next major price…

Block Announces Bitcoin Business Stack, Makes Historic Lightning Payments Push at Bitcoin 2025 

Block Announces Bitcoin Business Stack, Makes Historic Lightning Payments Push at Bitcoin 2025 

May 29, 2025

Bitcoin isn’t just something to hold anymore—it’s something to live on. That was the core message delivered by Miles Suter, Bitcoin…

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