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Genius Group resumes Bitcoin buying after US court ruling


Singapore-based artificial intelligence firm Genius Group has added more Bitcoin to its corporate treasury after being temporarily banned from doing so.In a May 22 announcement, Genius Group explained that it has resumed accumulating Bitcoin (BTC) following a favorable ruling by the US Court...

Genius Group resumes Bitcoin buying after US court ruling


Singapore-based artificial intelligence firm Genius Group has added more Bitcoin to its corporate treasury after being temporarily banned from doing so.In a May 22 announcement, Genius Group explained that it has resumed accumulating Bitcoin (BTC) following a favorable ruling by the US Court...

Bitcoin Ghost Wallets Awaken: $33M in BTC Moves After 12-Year Slumber


On Wednesday, as bitcoin notched a new all-time high of $111,888 per coin, a cluster of 12 long-dormant wallets—each created over 12 years ago—collectively moved 300 BTC, valued at approximately $33.3 million. Long-Dormant Bitcoins Reappear as Price Hits $111K—$7K Stash Now Worth $33M According...

Whale buys back ETH holdings after losing $2.6M by selling early


A crypto trader spent $3.8 million to buy Ether at a significantly higher price after selling the asset for almost the same amount about a month ago. On May 22, blockchain analytics firm Lookonchain reported that a crypto wallet spent $3.8 million to purchase 1,425 Ether (ETH) at $2,670...

Coinbase hacker trolls ZachXBT onchain after $42.5M THORChain swap


The hacker behind the data breach targeting Coinbase users has mocked blockchain investigator ZachXBT with an onchain message following a major crypto swap.On May 21, the hacker who previously stole data from at least 69,400 Coinbase users used Ethereum transaction input data to write “L...

Synthetix scuttles $27M Derive deal after community concerns


Decentralized finance platform Synthetix has axed its $27 million plan to acquire crypto options platform Derive after negative community feedback.A Synthetix spokesperson told Cointelegraph on May 22 that its acquisition proposal, pitched to its community and to Derive’s, “did...

Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO


Crypto influencer Anthony Pompliano’s fintech-focused blank-check company, ProCap Acquisition Corp (PCAPU), rose 7% on its debut Nasdaq listing after a last-minute upsizing of its initial public offering.ProCap had boosted its IPO from $200 million to $220 million on May 20, a day before...

Bitcoin hits new all-time high of $109K as trade war tensions ease


Bitcoin surged to a new all-time high after a temporary trade agreement between the United States and China eased macroeconomic fears and boosted investor confidence. Bitcoin (BTC) set a new high of $109,400 on May 21, rising more than 26% in the past month, according to data from TradingView. This...

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