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NYC’s Eric Adams Unveils Plan for Bitcoin Bonds at Vegas Conference


New York City Mayor Eric Adams unveiled plans to issue Bitcoin Bonds during his appearance at the Bitcoin 2025 conference in Las Vegas on May 28. The initiative, still light on structural details, aims to integrate bitcoin into municipal finance and advance Adams’ vision of New York as...

Report: Blackrock Eyes 10% Stake in Circle’s IPO


Blackrock Inc. intends to acquire roughly 10% of the shares offered in Circle Internet Group Inc.’s upcoming initial public offering (IPO). Bloomberg first reported the news, citing people familiar with the matter. The move positions the world’s largest asset manager at the center of a high-profile...

Bitstamp Launches Staking for Ethereum and Cardano for UK Customers


Cryptocurrency exchange Bitstamp has announced that UK customers can now stake ethereum ( ETH) and cardano ( ADA) on its platform, currently offering an annual percentage yield (APY) of 3.1% for ETH and 1% for ADA. The staking process is designed to be simple and secure, allowing users to earn...

Jack Dorsey’s Block to Roll out Bitcoin Lightning Payments on Square


Block, Inc. (NYSE: XYZ) announced that it will launch bitcoin payments on its Square platform. By utilizing the Lightning Network, Square’s Point of Sale app will enable merchants to accept bitcoin payments directly through their hardware, facilitating near-instantaneous and low-cost...

Former CFTC Chairman ‘Crypto Dad’ Joins Sygnum Bank


Former U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo, known as “Crypto Dad,” has joined Sygnum Bank as Senior Policy Advisor, as announced on May 27, 2025. Giancarlo, who was a strong advocate for open markets and balanced regulatory frameworks...

Sam Bankman-Fried Reportedly Could Be Released Four Years Early


Former FTX CEO Sam Bankman-Fried has been sentenced to 25 years in prison for his role in a fraud scheme involving the misappropriation of customer funds to his hedge fund, Alameda Research. According to a Business Insider report, the Bureau of Prisons (BOP) estimates that he could be released...

Speculation Grows Over Trump Media’s $3 Billion Crypto Ambition


Amid swirling speculation, Trump Media & Technology Group (TMTG), overseen by Donald Trump’s family, is reportedly exploring a $3 billion fundraising effort aimed at cryptocurrency investments, according to unnamed sources cited by the Financial Times. The plan allegedly includes $2 billion...

Elon Musk Confirms X Money Payment Service Will Launch in Limited Beta


Elon Musk has revealed plans for “X Money,” a forthcoming payment system enabling transactions on X, the platform formerly known as Twitter. The Tesla chief confirmed the service will first appear in a “very limited access beta,” stressing the importance of prudence when...

Hyperliquid Achieves $10.1 Billion Open Interest High as HYPE Token Surges


Hyperliquid has announced that it has achieved a new all-time high in open interest, reaching $10.1 billion. The decentralized exchange (DEX) also reported 24-hour fees of $5.6 million and a total value locked (TVL) in USDC of $3.5 billion. This DEX trading milestone reflects the growing activity...

New Initiative: Pakistan Allocates 2,000 MW for Bitcoin Mining and AI


Pakistan announced on May 25 a national initiative to allocate 2,000 megawatts (MW) in its initial phase to power bitcoin mining and artificial intelligence (AI) data centers. This strategic move by the finance ministry aims to leverage the nation’s excess generation capacity, a persistent...

Largest Bank in Guatemala Turns to Crypto for Remittances


Banco Industrial, the largest bank in Guatemala, has announced the integration of Sukupay, a crypto-based cross-border payment provider, to power its remittance services. Using Sukupay, Banco Industrial now offers its customers remittances at a flat fee of $0.99, allowing them to receive these...

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