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Revolut to Enhance Bitcoin Lightning Infrastructure in Europe via Lightspark


Lightspark has announced a new partnership with Revolut to enhance payment infrastructure using the bitcoin network in the UK and select European countries. This collaboration aims to eliminate delays and high network fees associated with traditional payment systems, enabling seamless transactions...

OKX DEX Relaunches With Enhanced Security Features


OKX DEX restarted operations on May 5, 2025, introducing a real-time abuse detection system, as announced by OKX founder and CEO Star Xu in an X post. This restart comes following a March 17 suspension due to misuse by the North Korean Lazarus Group, which laundered $100 million in ether after...

Charlie Shrem Wants to Bring Back the Bitcoin Faucet


Bitcoin pioneer Charlie Shrem announced plans to relaunch a bitcoin faucet on May 4, 2025, aiming to distribute free bitcoin like the original faucet created by Gavin Andresen in 2010, which gave away five bitcoin per claim to promote adoption, according to his X post. Shrem, who served two years...

Deribit Targets US Expansion Amid Trump’s Crypto-Friendly Policies


Deribit, the world’s largest cryptocurrency options exchange with $1.3 trillion in trades last year, is considering entering the U.S. market, encouraged by President Donald Trump’s promise to make the country the global hub for digital assets like bitcoin, the FT reported. The Dubai-based company...

Vitalik Buterin Wants to Make Ethereum as “Beautifully Simple” as Bitcoin


Ethereum co-founder Vitalik Buterin announced on May 3, 2025, a five-year plan to simplify Ethereum’s protocol, calling the Bitcoin network “beautifully simple” in his blog post “Simplifying the L1,” as he aims to make Ethereum easier to understand and more secure for users holding bitcoin...

Tesla Board Denies WSJ Report on CEO Search, Musk Slams Article as False


The Wall Street Journal reported that Tesla’s board had initiated a search for a new CEO to replace Elon Musk, citing sources familiar with discussions that began in March due to Musk’s focus on his role in the Trump administration’s Department of Government Efficiency (DOGE) and Tesla’s declining...

UK Treasury Unveils Draft Cryptoasset Regulations, Seeks Feedback by May 2025


On April 29, 2025, the UK Treasury announced the release of a draft Statutory Instrument (SI) and a Policy Note detailing the UK’s upcoming financial services regulatory framework for cryptoassets, including stablecoins. Following proposals outlined in October 2023 and reaffirmed in November 2024...

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