Recent developments highlight MetaPlanet, The Blockchain Group, and Semler Scientific for their intensified Bitcoin collection. They are leveraging a new metric, the “Time to Parity”, enabling them to be assessed more comprehensively. This metric calculates the duration required for these companies to equate their market values with their current Bitcoin acquisition rates. Firms exhibiting a … Read more
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 not resonate,” and both projects agreed to “step back from the proposed acquisition.” Synthetix said … Read more
El Salvador’s Bitcoin holdings have reached an unrealized profit exceeding $350 million, reflecting a 124% gain on their investment as Bitcoin’s price climbs to $110,000 El Salvador’s Bitcoin holdings have reached an unrealized profit exceeding $350 million, reflecting a 124% gain on their investment as Bitcoin’s price climbs to $110,000. The country’s Bitcoin treasury has … Read more
DeLorean Motor Company, the cult-classic automaker made famous by the Back to the Future franchise, is leaping into the future once more—this time through blockchain. The company announced the launch of its on-chain vehicle reservation and marketplace system for its long-awaited Alpha5 electric vehicle (EV), built on the Sui blockchain. In a high-profile endorsement, legendary … Read more
Bitcoin Suisse receives FSRA approval, marking UAE expansion into crypto services. In-principle license puts Bitcoin Suisse closer to full ADGM crypto authorization. ADGM’s regulated framework attracts Bitcoin Suisse to grow digital finance reach. Bitcoin Suisse, a leading Swiss crypto financial service company, has recently made a notable move toward expanding its operations in the United … Read more
Safemoon’s explosive rise was fueled by a massive fraud scheme, as its CEO was convicted for looting investor funds, lying about locked liquidity, and laundering millions. Safemoon CEO Faces 45 Years as Liquidity Pool Lies Lead to Federal Conviction The U.S. Department of Justice (DOJ) announced on May 21 that Braden John Karony, chief executive … Read more
On May 22, 2010, programmer Laszlo Hanyecz made the first real-world Bitcoin transaction by purchasing two pizzas for 10,000 BTC, which was worth approximately $41 at the time On May 22, 2010, programmer Laszlo Hanyecz made the first real-world Bitcoin transaction by purchasing two pizzas for 10,000 BTC, which was worth approximately $41 at the … Read more
In brief Braden Karony, CEO of SafeMoon, was convicted in a U.S. federal court of conspiracy to commit securities fraud, wire fraud, and money laundering. Prosecutors said Karony misled investors about access to the token’s liquidity pool and used millions in diverted funds for real estate and luxury cars. The SafeMoon token once reached a … Read more
Top 20 Crypto to Buy in May 2025Texas is making headlines again, and this time it’s not about energy or barbecue. The state’s lawmakers have voted to create a strategic Bitcoin reserve, setting the stage for Texas to become the first in the U.S. to officially hold Bitcoin as part of its financial strategy. The … Read more
Strive Asset Management, the investment firm co-founded by former U.S. presidential candidate Vivek Ramaswamy, is going after a massive Bitcoin stash, not by mining or buying it outright, but by picking up claims from one of crypto’s most infamous disasters: Mt. Gox. If all goes according to plan, Strive could walk away with access to … Read more