World Liberty Financial (WLFI), the DeFi project partly owned by the Donald Trump family, has opened a community vote to decide whether to proceed with an airdrop of its new stablecoin, USD1. As of press time, 99.98% of voters backed the proposal, representing roughly 4 billion WLFI tokens. Only a small fraction, equating to 0.02% …
Monthly archives: May 2025
Movement Labs rebrands as MOVE token faces dramatic plunge and potential Binance delisting
Movement Labs has removed co-founder Rushi Manche and restructured under a new name, Move Industries. The company announced Manche’s termination on May 7, saying: “Movement Labs has terminated Rushi Manche. Movement will continue under different leadership. Details on leadership changes and a revamped governance structure will be coming soon.” The decision follows a high-profile investigation …
Bitcoin ETFs break May inflow streak as investors withdraw $85.7 million on May 6
Available exclusively via Tariffs, Bitcoin and rule reversals: Inside Trump’s first 100 days in office Andjela Radmilac · 1 day ago CryptoSlate’s latest market report dives deep into Trump’s first 100-day sprint that recast the SEC, scrapped key crypto rules, and fueled fresh inflation worries. Go to Source
Etherscan Unveils EIP-7702 Tracking as Ethereum’s Pectra Upgrade Goes Live
Etherscan has launched monitoring tools for EIP-7702 authorizations following Ethereum’s Pectra upgrade, which introduced 11 improvement proposals to bolster scalability, security, and user experience. Ethereum Users Gain Smart Contract Flexibility With EIP-7702 Post-Pectra Ethereum’s Pectra upgrade, combining the Prague and Electra updates, went live on May 7, 2025, activating 11 Ethereum Improvement Proposals (EIPs), including …
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Altcoins Outpace Majors in Daily Market Moves
The global cryptocurrency market surged 2.79% over the past 24 hours, climbing to a total valuation of $3.01 trillion, driven by standout performances from altcoins and steady gains from bitcoin and ethereum. Crypto Market Hits $3.01 Trillion, Up 2.79% in 24 Hours Bitcoin (BTC), which maintains a dominant 64.4% share of the crypto market today, …
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Visa Backs BVNK in Strategic Move to Boost Stablecoin Payment Networks
Visa’s venture arm has invested in BVNK, a stablecoin infrastructure firm, to accelerate the development of global payment networks using blockchain-based currencies. Stablecoin Infrastructure Firm BVNK Secures Visa Investment The strategic investment, announced this week by BVNK CEO Jesse Hemson Struthers, follows BVNK’s $50 million Series B funding round in December 2024 led by Haun …
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Bridging Bitcoin to DeFi: Insights from MacLane Wilkison, CEO of tLabs and Co-founder of Threshold
In a recent podcast episode, MacLane Wilkison, CEO of tLabs and co-founder of Threshold Network, shared a compelling vision for Bitcoin’s future in decentralized finance (DeFi). At the center of the discussion was tBTC, a permissionless Bitcoin bridge designed to expand Bitcoin’s utility across DeFi ecosystems, while maintaining security and user control. A Journey Through …
Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility
This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a newly operational 20 MW facility in Texas. Phoenix Group Targets Top 5 Bitcoin Mining Spot by 2026 Phoenix Group, an Abu Dhabi-based cryptocurrency mining firm, announced consolidated Q1 revenue of …
Crypto.com Expands US Presence With New DC Office Amid Trump’s Regulatory Shifts
Crypto.com announced plans Wednesday to establish a North America regional office in Washington, D.C., signaling a strategic push to deepen engagement with U.S. policymakers. New Crypto.com Office Near White House Signals Industry’s Regulatory Focus The new office, located near the White House, will focus on public and government affairs for the company’s U.S. operations. Matt …
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Strike Launches Bitcoin-Backed Loans, Allowing Users to Borrow Against Their Bitcoin Holdings
Strike CEO Jack Mallers announced the launch of bitcoin-backed loans, allowing eligible customers to borrow against their bitcoin holdings without the need to sell. This new feature enables users to access cash using their bitcoin as collateral, with loan amounts ranging from $75,000 to $2 million at a starting annual percentage rate (APR) of 12% …
BlackRock Buys $2,500,000,000 Worth of Bitcoin As BTC Price Holds Steady: Arkham
New data from market intelligence firm Arkham reveals that asset management titan BlackRock purchased billions of dollars worth of Bitcoin (BTC) as the flagship crypto asset closes in on $100,000. In a new thread on the social media platform X, Arkham says that BlackRock, which has over $11 trillion in assets under management, bought $2.5 …
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Peter Thiel-Backed Stock To Surge 290%, Emerge As Generational Tech Stock, Says Investor Dan Ives
The global head of technology research at Wedbush Securities, Dan Ives, is leaning bullish on analytics software firm Palantir Technologies (PLTR). In a new CNBC interview, Ives says the market cap of Palantir Technologies could skyrocket by around 290% from the current level in a few years. “I believe this is going to $1 trillion …
Bitcoin-backed loans ‘obvious’ next step — Xapo Bank CEO
With Bitcoin hovering around $95,000 to $97,000, Xapo Bank CEO Seamus Rocca sees growing investor confidence to borrow using BTC as collateral. Bitcoin holders are becoming more comfortable borrowing against their crypto as market confidence grows, according to Seamus Rocca, CEO of the Gibraltar-based private bank, Xapo Bank. In an interview at the Token2049 event …
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Bitcoiner Adam Back on Blockstream conspiracy theories and Satoshi question
Bitcoin OG Adam Back is used to being asked if he’s Satoshi… and has to laugh at some of the crazy conspiracy theories about Blockstream. For a man who many believe could actually be Satoshi, Blockstream CEO Adam Back is surprisingly understanding on the question of normies buying so-called paper Bitcoin via the ETFs. You …
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Bitcoin miner Hive taps Paraguay for low-cost energy partnership
Hive Digital Technologies president and CEO Aydin Kilic said Hive is not engaging in short-term regional arbitrage but sees Paraguay as a long-term clean energy partner. Several crypto-focused organizations — including Bitcoin (BTC) mining companies — are eyeing a US return, primarily driven by uncertain geopolitical tensions. Still, BTC miner Hive Digital Technologies is doubling …
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