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Bitcoin

Pakistan Plans to Launch Bitcoin Strategic Reserve Using Seized Assets

Pakistan is charting a new course in its crypto policy, announcing an ambitious plan to establish a national Bitcoin strategic reserve without tapping into public funds. The initiative, spearheaded by the country’s newly formed crypto council, marks a significant departure from Pakistan’s earlier stance, which included a blanket

Hack

BitoPro Exchange Hacked for $11.5 Million in Ethereum, Solana, and Other Cryptos

On May 8, 2025, Taiwan based cryptocurrency exchange BitoPro suffered a significant security breach, resulting in the loss of approximately $11.5 million, according to blockchain investigator ZachXBT. The incident, which involved unauthorized outflows from the exchange’s hot wallets across multiple networks, including Ethereum, Solana, Polygon, and Tron, has

Bitcoin

Elon Musk Draws Inspiration from Bitcoin for XChat Messaging Launch

On June 1, 2025, Elon Musk unveiled XChat, a new messaging feature for the X platform, while also showcasing his continued fascination with Bitcoin and its technology. As a prominent advocate for cryptocurrency, Musk has often highlighted Bitcoin's innovative approach to security, and this influence is evident in

Ross Ulbricht

Ross Ulbricht Auctions Prison Artifacts for Bitcoin, Receives $31 Million Donation

Ross Ulbricht, the founder of the Silk Road marketplace, recently made headlines by auctioning a collection of personal and prison era belongings for 12.31 Bitcoin, equivalent to approximately $1.3 million at current market rates. Hosted by Scarce City, a Bitcoin focused marketplace, the Ross Ulbricht auction featured a

Ethereum

SharpLink Targets $1 Billion Investment for Ethereum Treasury

On May 30, 2025, SharpLink, a sports betting and iGaming platform, made headlines by filing an S-3 ASR form with the U.S. Securities and Exchange Commission, outlining plans to raise $1 billion through a securities offering. The company intends to allocate the majority of these funds to purchasing Ethereum,

Regulations

SEC Declares Crypto Staking Exempt from Securities Rules in Pivotal Guidance

On May 29, 2025, the U.S. Securities and Exchange Commission issued a significant statement that will reshape the regulatory landscape for crypto staking. The SEC announced that protocol staking activities on proof-of-stake networks do not qualify as securities offerings under federal securities laws, eliminating the need for registration. This

FTX

FTX Begins $5 Billion Payout to Claim Holders in Bankruptcy Recovery

FTX, a once prominent but now defunct crypto exchange, has launched a second distribution of over $5 billion to creditors, an important step in its bankruptcy proceedings. Announced on May 30, 2025, this distribution targets holders of allowed claims in the Convenience and Non-Convenience Classes who have met pre-distribution requirements,

Markets

Bitcoin and Crypto Prices Drop Amid Trump and China Tariff Dispute Escalation

Markets experienced a notable decline on Friday, with Bitcoin falling nearly 2% from $107,000 to $105,000, Ethereum dropping 2% from $2,671 to $2,600, and Solana sliding 5% from $170 to $161. Other major cryptocurrencies followed a similar trend, with declines ranging from 3% to 5%. The

Ross Ulbricht

Ross Ulbricht Speaks About Freedom, Decentralization, and Unity at Bitcoin Conference 2025

Ross Ulbricht, the founder of the Silk Road, delivered a heartfelt and inspiring speech at the Bitcoin conference 2025, marking his first major public appearance since his release from prison. Addressing a captivated audience, Ulbricht expressed deep gratitude to the Bitcoin community for their relentless support in securing his freedom.

FTX

Netflix Series The Altruists To Explore FTX and the Sam Bankman-Fried Saga

Netflix has announced a new drama series, The Altruists, set to dive into the dramatic rise and fall of the crypto exchange FTX and its key figures, Sam Bankman-Fried and Caroline Ellison. The series will explore how two young minds attempted to reshape the financial system through cryptocurrency, only to

Crime

Russian Couple Kidnapped in Argentina as Crypto Extortion Surges Globally

A chilling kidnapping in Buenos Aires has thrust crypto kidnappings into the spotlight yet again, with Argentine authorities issuing international arrest warrants for two Russian suspects. The incident, which unfolded in the Argentine upscale Palermo neighborhood, saw a Russian couple held captive and extorted for a significant sum on a

Regulations

Mayor Adams Asks Crypto Industry to Return to New York at Bitcoin 2025 Conference

New York City Mayor Eric Adams delivered a compelling address at the Bitcoin 2025 conference on Wednesday, urging crypto enthusiasts and businesses to return to the city and advocate for regulatory reforms, including the elimination of the controversial BitLicense. Positioning New York as a hub for innovation, Adams proposed the

Michael Saylor

Arkham Intelligence Maps Strategy’s Bitcoin Holdings Despite Saylor’s Security Concerns

Strategy’s outspoken founder, Michael Saylor, has long resisted calls for onchain wallet transparency, most recently citing significant security risks at the Bitcoin conference 2025 in Las Vegas. However, onchain analytics firm Arkham Intelligence recently took matters into its own hands, revealing it has traced nearly 88% of Strategy’s

Libra

Circle Freezes $57 Million in USDC Connected to Javier Milei Libra Token Controversy

In a significant development in the ongoing Libra memecoin saga, Circle, a leading stablecoin issuer, has frozen approximately $57.65 million in USDC held in wallets linked to the controversial token. The freeze, executed on Tuesday, targets two Solana based wallets associated with the Libra token team and its deployer,

Bitcoin

JD Vance Rallies Crowd at Bitcoin 2025 Conference, Says "Bitcoin Is Here to Stay"

In a spirited address at the Bitcoin 2025 conference, Vice President J.D. Vance delivered a clear message to the crypto community, outlining the Trump administration’s commitment to fostering innovation through deregulation and supportive legislation. Speaking to an enthusiastic audience, Vance described the crypto industry as a vital movement,

Circle

BlackRock to Acquire 10% of Circle USDC Stablecoin IPO Shares

Circle Internet, the issuer of the widely used USDC stablecoin, has announced plans to go public in the United States, targeting a valuation of $6.71 billion. The company intends to raise $624 million by offering 24 million shares priced between $24 and $26 each. This strategic move comes at

El Salvador

IMF Seeks to Cap El Salvador’s Bitcoin Holdings Amid Bukele’s Push for Growth

The International Monetary Fund (IMF) has taken a firm stance on El Salvador’s Bitcoin reserves, announcing plans to ensure the nation’s government does not increase its crypto holdings. This position, revealed on Tuesday, directly challenges President Nayib Bukele’s ongoing efforts to expand the country’s Bitcoin portfolio.

Bitcoin

GameStop Buys 4,710 Bitcoin Valued at $513 Million

GameStop, the prominent U.S. retailer known for video games and consumer electronics, has made a significant move into the crypto market by acquiring 4,710 BTC, as announced on its official X account on May 28, 2025. This marks the company’s first confirmed investment in Bitcoin, a step

Politics

David Sacks Accuses Senator Warren of Shaping Biden’s Anti-Crypto Stance

In a striking claim, David Sacks, the appointed White House AI and Crypto Czar under the Trump administration, accused Senator Elizabeth Warren of wielding significant influence over the Biden administration’s cryptocurrency policies. Speaking on Fox News, Sacks suggested Warren effectively controlled the “autopen,” implying she was the driving force

Ross Ulbricht

Lyn Ulbricht Launches Mothers Against Cruel Sentencing at Bitcoin 2025

At the Bitcoin 2025 conference in Las Vegas, Lyn Ulbricht, mother of Silk Road founder Ross Ulbricht, introduced a new nonprofit organization, Mothers Against Cruel Sentencing (MACS), aimed at reforming criminal justice practices. The announcement, made during the Women of Bitcoin Brunch, marked a significant step in Ulbricht’s ongoing

Bitcoin

Trump Media Secures $2.5 Billion for Bitcoin Treasury in Major Financial Move

Trump Media, the operator of Truth Social and the emerging FinTech brand Truth.Fi, revealed on Tuesday a significant step in its financial strategy by securing subscription agreements with around 50 institutional investors. The private placement offering, totaling nearly $2.5 billion, will fund the establishment of a corporate Bitcoin

Memecoins

How Memecoins Are Driving Crypto Adoption Worldwide

The crypto landscape is evolving rapidly, with memecoins emerging as a surprising yet significant force in driving widespread adoption. According to the latest Global State of Crypto report from Gemini, a New York-based crypto exchange and custodian, these often-lighthearted digital assets are serving as an entry point for investors who

Solana

Solana Co-Founder Raj Gokal Personal ID and Details Leaked in KYC Data Breach

A significant data breach has exposed the personal information of Solana co-founder Raj Gokal, with the leak originating from the Instagram account of the American hip-hop group Migos. The account, boasting 13 million followers, was compromised late Monday, leading to the unauthorized release of sensitive details about Gokal, who also

Donald Trump

Trump Media Targets $3 Billion Fundraise to Buy Bitcoin and Other Cryptos

Trump Media and Technology Group, the force behind the Truth Social platform and a venture closely tied to the Trump family, is setting its sights on a significant financial move. The company plans to raise $3 billion to invest heavily in cryptocurrencies like Bitcoin, aligning with the Trump administration’s

Coinbase

Coinbase Sued in Class Action Lawsuit Over Stock Price Decline Due to Data Breach

Coinbase, a leading cryptocurrency exchange, is facing a class action lawsuit filed by shareholders who claim the company’s failure to disclose critical issues, including a significant data breach and a regulatory violation, led to a sharp decline in its stock price. The lawsuit, filed on Thursday in the U.