Category: crypto

Strategy has resumed accumulating Bitcoin, buying 1,550 BTC after selling 32 BTC. This purchase raised its total holdings to 845,256 BTC and its dollar reserve to $1 billion. Despite Bitcoin trading below Strategy’s average cost of $75,680, the company still holds large unrealized losses. Strategy funded the purchase through share sales.

Bitmine Immersion Technologies has increased its Ethereum treasury to 5.54 million ETH, nearing its goal of owning 5% of the network’s supply. With more than 4.71 million ETH staked, the company projects annual revenue of about $230 million. Bitmine purchased 126,971 ETH, bringing its total holdings to 5.54 million tokens.

Ethereum researcher Luca Zanolini explains why the network separates block production from final settlement to ensure transactions continue during failures and disruptions. Automatic penalties reduce offline stake, while client diversity limits software failures. Ethereum aims to keep producing blocks with active validators to maintain finality and avoid network halt risks.

South Korean police searched Bithumb’s offices as part of an investigation into allegations that lawmaker Kim Byung-gi used his political influence to secure employment for his son at cryptocurrency companies. The investigation also involves Upbit operator Dunamu. Bithumb is already contesting a $24.6 million penalty for AML-related violations.

ZIGChain and Ondo Finance have integrated to bring tokenized stocks and ETFs to users on ZIGChain’s ecosystem. Ondo Finance has tokenized institutional-grade assets, making them programmable onchain. This partnership aims to make high-quality financial opportunities more accessible globally. The integration will roll out in phases starting at the end of May.

MetaMask has launched Agent Wallet, allowing AI agents to execute trades, swaps, and other transactions under user-defined controls. The wallet is designed for autonomous agents to carry out tasks without manual input. Security controls are central, with every transaction screened by Blockaid and requiring user approval for risky activity.

Despite facing a 25-year prison sentence, Sam Bankman-Fried has filed a presidential pardon application while challenging his conviction through the U.S. appeals process. Donald Trump has previously stated he does not plan to grant clemency, leaving Bankman-Fried’s legal and pardon requests as his main paths for relief.

Amazon has signed a multi-year agreement with Corning to secure optical fiber for its U.S. data center network, creating 1,000 jobs in North Carolina. Corning will supply fiber optic products for Amazon’s expanding cloud and AI infrastructure. The deal comes as demand for AI computing equipment increases, with Corning’s shares rising after the announcement.

The U.S. House is close to approving a $70 billion immigration funding package after Senate passage. The bill would fund ICE and CBP through the end of President Trump’s term. Republicans used budget reconciliation after talks stalled in Congress. The House could vote on the bill as early as Tuesday.

China’s Ministry of State Security warned developers about risks associated with using overseas AI relay services, which could expose user information and enable unauthorized cross-border data transfers. Despite domestic competition, Chinese developers still seek U.S. AI models for coding tasks. The ministry raised concerns about data security and urged developers to assess platform credentials.