Crypto
JAPANMetaplanet’s executive stock pool sparks shareholder backlashJapanese Bitcoin treasury company Metaplanet’s executive stock pool continues to draw shareholder backlash over stock dilution concerns. Multiple shareholders objected across social media to Metaplanet’s 10th Series executive option pool,…
The Sui Foundation, the nonprofit organization behind the Sui Network, says it has made a “major upgrade” to address issues that caused three recent outages and left the blockchain down for more than 15 hours across two days.Sui experienced an…
Crypto liquidity provider and trading firm Wintermute says it is providing liquidity on prediction markets as the industry continues to expand.The firm, which handles $3.5 trillion in annual trading volume, said on Friday that it is extending its institutional trading…
A pseudonymous white hat hacker has helped recover $2 million worth of Ether locked in a faulty initial coin offering (ICO) smart contract for almost a decade.In a post to X on Sunday, the white hat, known as “0xflorent,” said…
US Federal Reserve governor Christopher Waller said Sunday that the growing use of dollar-backed stablecoins could bolster the global influence of US monetary policy.Waller told participants at the 32nd Dubrovnik Economics Conference that countries that increasingly rely on stablecoins backed…
Strategy chairman Michael Saylor on Sunday signaled the Bitcoin treasury company would be announcing fresh purchases of the cryptocurrency in the coming days.The social media post comes just days ahead of a proxy vote that depends in large part on…
Kraken said late Friday that it expects to launch CFTC-regulated perpetual futures contracts in the US in the next 30 days, hours after the US Commodity Futures Trading Commission approved the instruments.The exchange said when it gains approval, the contracts…
Bitcoin (BTC) circled $73,500 on Sunday as bulls stared down 3% BTC price losses for May.Key points:Bitcoin looks set to end May “in the red” as the monthly candle close nears.US labor-market data will form the key volatility catalyst for…
Bitcoin (BTC) is rebounding from a key on-chain support zone, putting the $78,000 level back in focus for bulls.Key takeaways:BTC is eyeing a rebound to $78,200, the realized price of BTC held for three to six months.A sustained move above…
Vietnam’s Ministry of Finance has proposed letting small and medium-sized enterprises use digital assets, virtual assets and intellectual property as collateral for bank loans.The proposal is part of a draft revised Law on Support for SMEs, which is open for…
Gravity Bridge, a decentralized blockchain facilitating cross-chain transfers between Ethereum and Cosmos, was reportedly drained of roughly $5.4 million, prompting validators to halt the bridge.Onchain analyst Specter first flagged the unusual outflows in a Saturday post on X, revealing that…
Bitcoin ETF selling overwhelmed markets again after last week’s $1.42 billion outflow followed the previous week’s $1.26 billion outflow. BTC’s subsequent fall to $72,500 raised concerns that the price would slip back into the $60,000 to $70,000 range that BTC was…
The feeling toward Bitcoin on social media has reached its most bullish level of the year, even as the overall crypto market is down, according to crypto sentiment platform Santiment.“Sentiment on Bitcoin has spiked to 2.23 bullish comments for every…
Bitcoin could fall toward its February yearly low if it fails to maintain support above the $70,000 level, according to a crypto analyst.“Bitcoin is at a pivotal level, and if it doesn’t hold, we’re buying at <$65K,” MN Trading Capital…
The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according to Wyoming Senator Cynthia Lummis.Passing a…
Stablecoin issuer Circle froze $12.6 million in USDC dollar-pegged tokens linked to privacy protocol Zama’s confidential USDC smart contract on Saturday, according to onchain sleuth ZachXBT.The smart contract is “publicly labeled” on block explorers and the privacy protocol’s technical documentation,…
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