In a strategic move to accelerate its Bitcoin acquisition goals, Japan-based Metaplanet issued $21 million in interest-free bonds to the Evo Fund on May 29, following a separate $50 million raise the previous day. These zero-coupon bonds, known as the 17th series, come with a $525,000 face value and are set to mature on November...Read More
On May 29, the SEC’s Division of Corporation Finance provided its views on staking on networks that use proof-of-stake as a consensus mechanism. The Division concluded that protocol staking activities do not constitute securities offerings under federal securities laws and no registration is required. “Accordingly, it is the Division’s view that participants in Protocol Staking...Read More
French football giant Paris Saint-Germain (PSG) has scored a historic first: It has become the inaugural major sports club in the world to allocate Bitcoin (BTC) to its treasury reserves. The move, announced by Pär Helgosson, Head of PSG Labs and Web3, at the Bitcoin 2025 conference in Las Vegas on May 29, signals a...Read More
With Bitcoin trading below $106,000, some participants are opting to cash out partial holdings, looking to lock in profits amid the crypto asset’s impressive price performance in the past month or so. While this raises concerns of early signs of a trend reversal, new data revealed the sustainability of the rally. NRPL Signals Continued Optimism...Read More
[PRESS RELEASE – George Town, Grand Cayman, May 30th, 2025] Zircuit, the chain where innovation meets security, announced the launch of non-custodial wallet top-ups for Crypto.com Visa Cards. This new integration enables users to seamlessly fund their cards via Zircuit. Now live in the Crypto.com App, this feature allows users to connect a non-custodial wallet...Read More
The digital asset infrastructure provider Ripple is gradually actualizing its vision of becoming a powerhouse for institutional liquidity flows. The firm’s recently acquired prime brokerage platform, Hidden Road, has launched a crypto over-the-counter (OTC) service for institutions in the U.S. According to an official release from Hidden Road, the brokerage will enable U.S. institutional clients...Read More
While the collective crypto market has witnessed significant recovery this month, there is a growing disconnect in risk appetite among market participants. Investors are correctly positioned for Bitcoin’s rally, but similar optimism in the altcoin space has resulted in heavy losses, shows a recent report. Trader Missteps in Altcoins Since the approval of spot Bitcoin...Read More
The Lazarus Group is a prominent hacking group associated with the North Korean government with a long history of targeting companies and individuals within the cryptocurrency space. They have been linked to the breaches of Phemex, WazirX, Bybit, Stake, among others. Our security team frequently responds to attempts to attack us, many of which use...Read More
[PRESS RELEASE – Texas, United States, May 30th, 2025] Threshold’s tBTC Achieves Unprecedented Integration as Gas, Collateral, Infrastructure on Mezo’s $151M TVL Platform. Mezo launched on Mainnet this week with a total value locked of $151 million, alongside 22,983 active users from their testnet. The platform has integrated tBTC across two critical layers—gas payments and...Read More
The pseudonymous cryptocurrency trader, James Wynn, who bet more than $1 billion on bitcoin (BTC) about a week ago, is currently suffering losses after being wrecked for more than $118 million. This liquidation was triggered by bitcoin’s dip below $105,000 early Friday. According to data from Arkham Intelligence, Wynn has been liquidated on four positions...Read More
The U.S. Securities and Exchange Commission (SEC) has officially dismissed its lawsuit against crypto exchange Binance. This puts an end to one of its most high-profile enforcement actions in the crypto space. Joint Dismissal Motion “Huge win for crypto today. The SEC’s case against us is dismissed,” Binance revealed in a May 30 X post....Read More
Around 92,500 Bitcoin options contracts will expire on Friday, May 30, and they have a notional value of roughly $10 billion. This week’s event is larger than usual as it’s the end of the month, which could induce more volatility into markets that have been in retreat for the past several days. Crypto Options Expiry...Read More
Russia’s Central Bank has approved the trading of financial instruments tied to crypto prices for qualified individuals. However, these instruments must be non-deliverable, meaning investors won’t be able to hold the digital assets; instead, they will only receive payouts based on price movements. Strict Risk Controls In a May 28 press release, the central bank...Read More
