Adoption
Binance founder CZ warns of Bitcoin treasury risks amid growing adoption
CZ urged companies to assess risks wisely amid the rising trend of Bitcoin adoption for treasuries.
Oluwapelumi Adejumo 3 min read
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Crime
Coinbase delayed revealing data breach that may cost up to $400M, drops third-party vendor
Legal battles loom for Coinbase over delayed breach disclosure and insider hacks.
Analysis
Bitcoin’s 8% correction flushed leverage but set stage for short term turbulence
Despite the much needed cooling off, rampant profit-taking action can create high volatility in the following days.
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Culture
Ethereum Foundation unites protocol teams to fast-track scaling, blobs and UX overhaul
Protocol groups the teams under one roof and intends to shorten the path from research papers to production code and to create tighter feedback loops.
Adoption
Russian giant Sberbank launches Bitcoin bonds to expand Russian exposure to crypto
Sberbank launches Bitcoin-linked bonds, paving the way for compliant crypto participation within Russia's regulated financial system.
Crypto
Strategy unveils ‘Stride’ stock to fuel fixed-income expansion, boost Bitcoin holdings
According to Metaplanet's Dylan LeClair, the offer suggests that Michael Saylor "is coming for the entire fixed income market."
Investments
Tether, Bitfinex complete Bitcoin funding leg for Twenty One Capital with $2B transfer
In addition to the 21,000 BTC transferred, Tether also sent 4,812.22 BTC related to Twenty One Capital's acquisition on May 13.
Stablecoins
WLFI’s stablecoin USD1 surpasses $10B in transfers within 10 days of Binance listing
The stablecoin also reached a new all-time high in weekly trading volume at nearly $7 billion.
Technology
VanEck warns of brief but critical ‘uncertainty window’ for Bitcoin to adapt to quantum threat
Matt Sigel said quantum computing also threats banks and tech platforms, but their centralization make adapting quicker.
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Adoption
Hong Kong-based Reitar Logtech poised for $1.5B Bitcoin plunge to boost logistics expansion
Stablecoins
Circle boosts IPO amid strong investor interest, eyes $7.2B valuation
Adoption
Bitcoin hits NYE 2000 on internet adoption timeline, but Snapchat has more users
Macro