Month: May 2025

Metaplanet Issues $25M Bonds to Buy More Bitcoin

Tokyo-based Metaplanet (3350) has issued 3.6 billion yen (around $24.8 million) in bonds to fund additional purchases of bitcoin (BTC) after the Japanese hotel firm’s holdings surpassed 5,000 BTC. According to a notice from the company, the newly issued bonds were sold entirely to EVO FUND. The bonds carry...
Read More

Movement Labs suspends co-founder following MOVE market turmoil

Movement Labs confirmed the suspension of its co-founder, Rushi Manche, following controversies over a market maker deal that he brokered. Movement announced the suspension of Manche in a May 2 X post, explaining that the “decision was made in light of ongoing events.” The decision follows Coinbase’s recent decision...
Read More

Kraken Unveils ‘Embed’: A Game-Changing Crypto-as-a-Service (CaaS) Solution for Banks and FinTechs

On April 30, 2025, popular crypto exchange Kraken officially launched Kraken Embed, a market-ready digital asset solution designed to help financial institutions offer crypto services directly within their platforms. Targeting neobanks, FinTechs, and traditional finance platforms, Kraken Embed gives these companies immediate access to Kraken’s secure backend infrastructure, regulatory...
Read More

Could XRP ETF Approval Be Near? Ripple To Meet SEC Chair Paul Atkins On May 2

As positive shifts in cryptocurrency regulation unfold under President Donald Trump’s second administration, speculation is mounting regarding the potential approval of spot XRP ETF applications.  This anticipation is fueled by significant changes at the US Securities and Exchange Commission (SEC), particularly the appointment of Paul Atkins as the new...
Read More