Ethereum’s Pectra upgrade has successfully launched on the mainnet at epoch 364032. This update introduces new smart account wallet features, boosting user experience. It also doubles the Layer 2 blob data capacity, improving scalability. Additionally, validator user experience sees important enhancements. The Ethereum community will keep a close watch on the network over the next …
Movement Labs has parted ways with co-founder Rushi Manche and is now under new leadership. The project has rebranded as Move Industries, with two early employees stepping in as the new founders. At the same time, Binance has delayed the next round of HODLer airdrops for MOVE holders. The shake-up marks a fresh chapter for …
Arizona’s second Bitcoin reserve bill, SB 1373, has cleared its final reading with Senate approval. The bill now moves to Governor Hobbs, who recently vetoed the first Bitcoin Reserve Bill, SB 1025. This represents a key step in the state’s ongoing efforts to establish a Bitcoin reserve, despite the previous rejection. The final decision now …
On May 7, 2025, Metaplanet Inc. acquired an additional 555 Bitcoins, utilizing $25 million raised through zero-coupon bonds issued to EVO FUND. The entire raised capital was directed towards purchasing Bitcoin, totaling approximately $53.4 million at an average price of $96,134 per coin. This acquisition has resulted in a 136.7% year-to-date BTC yield for the …
Bhutan has partnered with Binance Pay and local digital bank DK Bank to launch the world’s first national cryptocurrency-based tourism payment system. This new system lets travelers using Binance Pay pay for almost every part of their trip, from hotels to restaurants, using crypto. It’s a bold move that positions Bhutan as a leader in …
Emma Reynolds from the UK Treasury announced that the UK will not adopt the U.S. strategy of holding Bitcoin in reserves. Instead, the country will regulate digital assets within its existing financial framework, avoiding the adoption of the EU’s MiCA regulations. This decision highlights the UK’s preference for maintaining a traditional regulatory approach while managing …
A Kenyan court has ordered Sam Altman’s crypto project, World (formerly Worldcoin), to erase all biometric data gathered in the country. The High Court in Nairobi ruled that the data was collected without valid consent from the Office of the Data Protection Commissioner (ODPC) and through the use of cryptocurrency rewards, violating informed consent principles. …
Florida’s proposed Bitcoin Reserve Bills, HB 487 and SB 550, have officially failed. The state legislature ended its 2025 session on May 2 without taking a vote on either measure. As a result, both bills were indefinitely postponed and withdrawn from further consideration. The proposals aimed to establish a Bitcoin reserve for the state, but …
Semler Scientific has acquired 167 Bitcoins for $16.2 million, bringing its total holdings to 3,634 BTC. This acquisition places Semler as the fourth-largest Bitcoin treasury holder in the United States, demonstrating its growing commitment to the cryptocurrency market. The company’s Bitcoin holdings are now valued at over $240 million, highlighting its strategic use of digital …
Strategy has acquired 1,895 Bitcoin for $180.3 million at an average price of $95,167 per BTC. This purchase brings the company’s total holdings to 555,450 BTC, acquired for approximately $38.08 billion at an average cost of $68,550 per coin. As of May 4, 2025, Strategy reports a year-to-date Bitcoin yield of 14.0%, underscoring its continued …
VanEck, a major U.S. asset management firm, has filed an S-1 document with the U.S. SEC to launch a BNB exchange-traded fund (ETF). If approved, the ETF would allow the BNB held in the trust to be used for staking, potentially generating additional BNB or other rewards. This move highlights growing institutional interest in crypto …
Binance founder Changpeng Zhao (CZ) has suggested using BNB and Bitcoin as foundational assets for Kyrgyzstan’s planned national cryptocurrency reserve. This follows his recent announcement of joining the country’s National Crypto Committee at the invitation of President Sadyr Japarov. CZ’s involvement signals growing cooperation between Kyrgyzstan and major global crypto leaders, as the country explores …
OKX CEO Star Xu announced the relaunch of the platform’s decentralized exchange (DEX) today, now featuring a real-time abuse detection and blocking system. The DEX had been temporarily suspended on March 17 to address security concerns, specifically to prevent exploitation by the Lazarus group, a notorious hacker collective. With these new security measures in place, …
Tether CEO Paolo Ardoino has announced the launch of Tether AI, featuring its core product, “Personal Infinite Intelligence.” This open-source AI runtime is designed to work on any hardware or device without requiring API keys or having a central point of failure. Fully modular and composable, it integrates with Tether’s developer kit (WDK) to support …
Kyrgyzstan is set to launch a new gold-backed stablecoin called the “Gold Dollar” (USDKG) in the third quarter of 2025. Pegged to the U.S. dollar, the stablecoin will be supported by $500 million worth of gold from the country’s Ministry of Finance. The government also plans to increase the gold reserves behind USDKG to $2 …
Governor Katie Hobbs of Arizona has vetoed the state’s Strategic Bitcoin Reserve legislation, despite its approval by both the House and Senate. She expressed concerns about Bitcoin being an “untested investment,” which led to her decision to block the bill. This move halts efforts to create a state-backed Bitcoin reserve, emphasizing the uncertainty around the …
On May 2, 2025, at 9:25 AM PST, the TRON DAO X account was compromised following a social engineering attack on a team member. The attacker posted a contract address, sent direct messages, and followed various accounts. This breach emphasizes the dangers of social engineering, as it allowed the unauthorized party to manipulate the account. …
Ethereum co-founder Vitalik Buterin has proposed a five-year plan to simplify Ethereum’s base layer. Titled “Simplifying the L1,” the proposal aims to reduce complexity, lower development costs, and improve security. Inspired by Bitcoin’s clean and minimal design, Buterin suggests setting a cap on the number of code lines in Ethereum’s core protocol. This would help …
Seth Wilks and Raj Mukherjee, two key cryptocurrency policy leaders at the U.S. Internal Revenue Service (IRS), have resigned after accepting government-offered “DOGE Deferred Exit Deals.” Both joined the IRS in 2024 from the crypto industry, playing vital roles in shaping the agency’s crypto tax policies and developing the new 1099-DA tax form. Their departure …
The European Union is rolling out strict new Anti-Money Laundering rules that will ban privacy coins and anonymous crypto accounts starting in 2027. Under the AML Regulation (AMLR), banks, financial firms, and crypto service providers will no longer be allowed to offer or support anonymous accounts or privacy-focused cryptocurrencies like Monero and Zcash. The move …
Tether is set to launch a U.S.-based stablecoin by the end of this year, with CEO Paolo Ardoino strengthening relationships with Washington. This move comes as the political landscape shifts under Trump’s influence, paving the way for more crypto-friendly regulations. The launch of Tether’s stablecoin marks a significant step in expanding its offerings and solidifying …
South Korea’s top five crypto exchanges will suspend WEMIX trading on June 2, causing the token to plunge over 60% to $0.2757 before recovering to around $0.36. This is the second time WEMIX has faced a group delisting. The DAXA exchange alliance said the decision was made due to WEMIX’s failure to meet listing standards. …
Movement Labs has suspended co-founder Rushi Manche following a controversial token incident involving 66 million MOVE tokens being dumped on the open market. The decision comes as the company faces backlash over a market-making deal with Rentech, a shell company linked to Web3Port, which misrepresented its role. A third-party review by Groom Lake is underway …
Charles Schwab, one of the world’s largest asset managers with $7.13 trillion under management, is preparing to launch spot crypto trading within the next 12 months. This move signals growing mainstream adoption of digital assets by traditional financial institutions. By entering the crypto space, Schwab aims to meet rising investor demand for easier access to …
A new statue of Bitcoin creator Satoshi Nakamoto has been unveiled in Fornelli, Italy. The statue celebrates the mysterious figure behind the world’s first cryptocurrency, Bitcoin. Located in the town’s public square, the monument serves as a tribute to Nakamoto’s revolutionary impact on the global financial system. With Bitcoin’s growing influence worldwide, this artwork marks …
Morgan Stanley, a $1.3 trillion asset management firm, has announced plans to offer cryptocurrency trading services to ETRADE clients. This move aims to expand Morgan Stanley’s presence in the growing digital asset space and provide retail investors with access to crypto trading. By integrating crypto into ETRADE’s platform, Morgan Stanley seeks to make digital assets …
At Token2049 in Dubai, Eric Trump announced that the Trump family’s World Liberty Financial USD stablecoin (USD1) has been selected as the official stablecoin for MGX’s $2 billion investment in Binance. Earlier this year, Abu Dhabi-based MGX revealed its plans to acquire a $2 billion stake in Binance. Trump also shared that the USD1 stablecoin …
Ethena has partnered with the TON Foundation to launch its synthetic stablecoins, USDe and sUSDe, within the Telegram ecosystem. As part of the collaboration, Ethena’s products will also be integrated into Telegram’s native wallet, expanding access to stable digital assets for millions of users. Additionally, support will extend to TON-compatible wallets like Tonkeeper and TONHub, …
Tether announced plans to launch a new stablecoin product in the United States as early as the end of 2025 or early 2026. The timeline depends on how quickly the U.S. Congress moves forward with stablecoin legislation. Tether emphasized that regulatory clarity will be key to the rollout. CEO Paolo Ardoino also highlighted that USDT, …
World (formerly Worldcoin), backed by Sam Altman, is launching in six U.S. cities, including Los Angeles and Miami. Users can earn WLD tokens by verifying their identity through the platform. The project is also introducing a Visa card linked to the World App, making it easy to spend crypto in everyday life. In addition, World …