MicroStrategy Inc., now known as Strategy, is facing a class action lawsuit filed by plaintiff Anas Hamza on May 16, alleging that the company misrepresented key aspects of its Bitcoin investment strategy to shareholders. The lawsuit names CEO Michael Saylor, President Phong Le, and CFO Andrew Kang as defendants for alleged violations of the Securities … Read more
New York City Mayor Eric Adams says he will create a digital advisory council to attract jobs and investment to the Big Apple and position it as the “crypto capital of the globe.” “This is not about chasing memes or trends,” Adams told the inaugural New York City Crypto Summit on May 20. “We want … Read more
Maple announced today the consolidation of its institutional and permissionless products under a single, unified brand — Maple. The combined platform now manages $1.6 billion in AUM and has surpassed $7 billion in loan originations. This strategic rebranding eliminates the separate identity of Syrup, bringing its core offering, syrupUSDC, under the Maple umbrella as a … Read more
DigiAsia’s $100M BTC plan nearly tripled its stock value. The growing BTC treasury trend could rally BTC to $500K by 2029. On the 19th of May, DigiAsia Corp stock (Nasdaq: FAAS) almost tripled from $0.2 to nearly $0.6, marking over 90% pump. The tech firm focused on digital financial services in Asia and beyond, recorded … Read more
Robert Kiyosaki warns the U.S. credit downgrade could ignite economic collapse, making bitcoin, gold, and silver essential shields against a failing financial system. Robert Kiyosaki Recommends ‘Saving Real Gold and Silver and Today Bitcoin’ Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, has weighed in on the recent downgrade of U.S. debt … Read more
Despite the latest correction, HBAR maintains a position above key technical levels, including the 200-day Exponential Moving Average (EMA), suggesting the continuation of a broader uptrend. HBAR Price Market Momentum and Outlook Data from BSC Trader highlights that HBAR has gained over 25% in the past month, indicating a shift in market sentiment toward accumulation. … Read more
The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors. The SEC said on May 20 that it charged Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former investment chief Alex … Read more
Today, New York City hosted its first ever Crypto Summit. The event took place at Gracie Mansion, the mayor’s residence, and was attended by prominent figures from the crypto industry, many of whom are based in New York. At the event, Mayor Adams made the case that he felt the attendees’ pain, stating that they’ve … Read more
If you’ve ever thought about running your own Ethereum node but got overwhelmed by the idea of downloading the entire blockchain, Vitalik Buterin feels your pain. The Ethereum co-founder has just proposed a new solution called “partially stateless nodes,” and it could make running a node far more realistic for everyday users, not just hardcore … Read more
Standard Chartered is holding firm on its bold Bitcoin forecast: $500,000 per coin by the end of this decade. The Standard Chartered Bitcoin prediction is not just a headline grabber, it’s backed by trends in ETFs, equities, and sovereign funds. It might sound far-fetched at first glance, but the bank says there’s a growing reason … Read more