Méliuz becomes Brazil’s first publicly listed firm to adopt Bitcoin treasury model
Brazilian fintech company Méliuz has become the first publicly traded firm in Brazil and Latin America to adopt Bitcoin as a treasury asset following shareholder approval. In a statement issued on May 15, the cashback-focused firm, which serves over 30…...
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Michael Saylor Says Strategy Inc. Shareholders Could ‘Suffer’ If Bitcoin Plunges 90% For Half A Decade, But Reveals A Winning Endgame
Strategy Inc. (NASDAQ:MSTR) executive chairman, Michael Saylor, says the company, formerly known as MicroStrategy, could survive a brutal crypto winter, but its shareholders wouldn’t be too happy about it. What Happened: In a new Financial Times film and subsequent interviews, Saylor warned that if Bitcoin (CRYPTO: BTC) “fell 90...
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Ethereum Goes Heavy On Defense With Trillion-Dollar Security Initiative
Ethereum’s nonprofit arm rolled out a major security drive on May 14. It aims to shore up wallets, smart contracts, and the network itself. The move comes as more money flows onto the blockchain, with a plan big enough to protect “trillions” in digital assets. Initiative Scope And Goals...
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Coinbase Hacked: Up to $400M at Risk After Insider Scam
Coinbase, one of the biggest names in crypto, is dealing with a serious mess. A recent cyber attack targeted the company’s internal systems through a mix of deception and insider manipulation. The Coinbase hack wasn’t just another phishing attempt. It involved insiders, stolen data, and a potential $400 million...
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Abu Dhabi’s Mubadala Quietly Bets $408M on Bitcoin via BlackRock
While most of the crypto world was busy watching charts and memecoins, one of the biggest sovereign wealth funds on the planet made a serious move. We’re not talking about small players here. The Abu Dhabi Bitcoin investment is coming from a $300 billion fund, that’s a serious signal....
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Will Markets Continue to Fall When $3B Crypto Options Expire Today?
Around 26,500 Bitcoin options contracts will expire on Friday, May 16, and they have a notional value of roughly $2.7 billion. This week’s event is very similar to last week’s, as derivatives crypto trading has yet to pick up. Spot markets have seen solid growth with Bitcoin reclaiming six...
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Important Ripple v. SEC Lawsuit Update: XRP Price Slips 5% in Response
TL;DR Just as the XRP Army celebrated the official ending of the legal case against the SEC, Judge Analisa Torres has denied the joint motion for an indicative ruling on their settlement. XRP’s price reacted with an immediate price drop, but Ripple’s CLO said the company has nothing to...
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Bitcoin Seeing 309,000 New Addresses Per Day: How Do XRP & Ethereum Compare?
Data shows the Bitcoin network is currently observing a high amount of adoption. Here’s how other major assets like XRP and Ethereum stack up. Bitcoin Is Observing High Daily Average Wallet Creation Right Now In a new post on X, the on-chain analytics firm Santiment has discussed about how...
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Pi Network breaches support even as rebound catalysts emerge
Pi Network’s native token, PI, has dropped sharply in recent days, falling to around $0.86 on May 16 as many anticipate a price rebound amid growing catalysts. Pi Network (PI) has now dropped over 40% from its weekly peak of…...
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XRP dips as U.S. court rejects Ripple-SEC settlement bid over procedural misstep
Ripple’s attempt to finalize a settlement with the U.S. Securities and Exchange Commission has been halted after a federal judge dismissed their joint request as procedurally flawed. The decision, issued by Judge Analisa Torres of the U.S. District Court for…...
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