Russian banks debut crypto products for qualified investors

The Bank of Russia has officially permitted financial institutions to offer certain cryptocurrency-based financial instruments to accredited investors. Russian banks are now free to provide qualified investors with a range of crypto products, including crypto derivatives, securities and other digital financial assets tied to crypto prices, the central bank announced on May 28. A key … Read more

Stellantis appoints North America boss Antonio Filosa as new CEO

Auto giant Stellantis on Wednesday appointed North American Chief Operating Officer Antonio Filosa as its new chief executive, ending a monthslong campaign to fill the firm’s leadership void. The multinational conglomerate, which owns household names including Jeep, Dodge, Fiat, Chrysler and Peugeot, said it would hold an extraordinary shareholder meeting in the coming days for … Read more

Arkham says it uncovered $54.5B in BTC wallets linked to MicroStrategy

Blockchain analysis company Arham Intelligence claims to have uncovered previously undisclosed wallet addresses tied to Strategy (formerly MicroStrategy), potentially exposing billions in Bitcoin holdings.  In a post referencing Strategy co-founder and executive chairman Michael Saylor’s commitment to privacy, Arkham claimed that it had identified an additional 70,816 BTC linked to the company. At current prices, … Read more

Polygon-backed Katana launches private mainnet with upcoming 15% KAT airdrop to POL stakers

Polygon-backed Katana Network has launched its private mainnet, with 15% of its upcoming KAT token supply set to be airdropped to POL stakers on Ethereum. On May 28, Polygon-backed Katana Network launched its private mainnet Katana aimed at unlocking deep liquidity and sustainable yield across the AggLayer ecosystem. As part of its launch plans, the … Read more

Bank of Russia Legalizes Crypto Investment for “Qualified Investors”

According to a 28 May 2025 filing by the Bank of Russia, financial institutions can offer “qualified investors” financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices. Notably, this is a three-year-long experiment.  In a press release, the Bank of Russia said that the key condition is that such instruments … Read more

Larsen said Ripple did not fund the Bitcoin “Change the Code” campaign

Chris Larsen, co-founder of Ripple, has clarified that the company was not behind the funding of the controversial “Change the Code” campaign. The initiative, in partnership with Greenpeace, set out to pressure the Bitcoin community into dumping its energy-intensive proof of work (PoW) consensus model. Larsen added that he supported the campaign personally rather than … Read more

Etoro Expands US Crypto Offerings With Addition of a Dozen New Tokens

Social trading network Etoro has announced the addition of a dozen new cryptoassets to its platform for U.S. users, expanding its offerings beyond bitcoin, bitcoin cash, and ethereum. The newly available assets include aave, cardano, chainlink, compound, dogecoin, ethereum classic, litecoin, XRP, stellar, shiba inu, uniswap, and yearn finance. Andrew McCormick, Head of Etoro US, … Read more