Category: crypto

Ripple donated the controversial “Skull of Satoshi” sculpture to the Bitcoin community at the Bitcoin Conference on May 28 in a move to promote unity between the two crypto rivals. Ripple CEO Brad Garlinghouse described the gesture as a symbol of solidarity and hopes it will remind people of their common goals.

The IMF has urged El Salvador to keep its Bitcoin holdings unchanged, including not increasing government-owned wallets and fully exiting the Chivo wallet by July. A staff-level agreement could unlock $120 million, pending IMF executive board approval. Despite conditions to reduce state involvement in Bitcoin, El Salvador has aggressively acquired more BTC. President Bukele remains…

Blockchain investigator ZachXBT has accused high-risk trader James Wynn of deceptive trading practices. Wynn condemned scam tokens tied to his name, but ZachXBT alleged he engaged in similar pump-and-dump tactics. Wynn gained attention for high-stakes trades on Hyperliquid, generating $25 million in profit. Past allegations of requesting private allocations in tokens resurfaced, casting doubt on…

GameStop has purchased 4,710 Bitcoin, making it one of the top 13 public companies holding the cryptocurrency. The company’s stock rose by 3% following the news. GameStop’s move to invest in Bitcoin aligns with its plan to diversify its assets. The crypto community has advised the company to go beyond holding Bitcoin and run a…

Ripple has urged the SEC to establish clearer standards for determining when a digital asset is no longer considered a security. The company proposed a framework where tokens would only be classified as securities if certain material promises have not been fulfilled. Ripple also suggested using “network maturity” as a regulatory benchmark instead of decentralization.

Telegram has evolved from a privacy-focused chat app to a profitable platform with a $300 million collaboration with Elon Musk’s xAI and a $1.5 billion high-yield bond offering. Despite legal challenges, including Durov’s arrest in France, Telegram’s financial success and user growth are positioning it for potential IPO.

Steak ‘n Shake now accepts Bitcoin as a payment option at all global locations where regulations permit. The rollout began on May 16 using the Lightning Network for faster transactions. COO Dan Edwards announced the decision at the Bitcoin 2025 Conference in Las Vegas, where the company saw a high volume of Bitcoin transactions. This…

In May, futures desks dominated Bitcoin trading with 9 out of 10 trades, as spot activity decreased. This information was revealed in recent research conducted 4 hours ago.

Texas legislators are finalizing a Bitcoin reserve for the state, with Senate Bill 21 requiring digital assets to meet a $500 billion market cap for 24 consecutive months. The bill excludes a staking clause and allows the Comptroller to work with external providers for asset management. A five-member advisory committee will oversee the reserve. Governor…

An Italian tourist was kidnapped and tortured for 17 days in a luxury townhouse in SoHo to force access to his Bitcoin wallet. Two suspects have been charged, including a self-styled “crypto king” and his business partner. The case highlights the growing trend of “wrench attacks” in the crypto world, with similar plots recently uncovered…