Galaxy Digital has finally debuted on Nasdaq, starting the trading of its GLXY shares on Friday. The event of the financial services company also in digital assets by Mike Novogratz arrived in a general week of bull crypto, along with other important events from other industry companies: eToro and Coinbase. Galaxy Digital and the debut … Read more
Binance has filed a motion to dismiss a $1.76 billion lawsuit brought by the FTX estate, accusing the defunct crypto exchange of trying to deflect blame for its own failure. Filed on May 16 in the Delaware Bankruptcy Court, Binance’s legal team called the suit “legally deficient,” stating that FTX’s collapse was not triggered by … Read more
Key Notes DigiAsia aims to retain Bitcoin as a long-term digital reserve asset while pursuing yield-generating strategies like institutional lending or staking. DigiAsia joins a growing list of companies expanding their Bitcoin holdings, alongside players like Strategy and Metaplanet. Co-CEO Prashant Gokarn emphasized that the move solidifies DigiAsia’s leadership in institutional crypto adoption and fintech … Read more
This content is provided by a sponsor. PRESS RELEASE. AEON, the next-generation crypto payment framework, has announced support for KuCoin Pay, a Web3-native crypto payment channel designed to bridge traditional retail and the crypto economy. This support enables AEON users to seamlessly spend their crypto to purchase goods and services both online and in physical … Read more
Ben Allen has been named the third recipient of the Maelstrom Bitcoin Developer Grant, the family office of Arthur Hayes announced in a recent press release sent to Bitcoin Magazine. Over the next year, Allen will focus on enhancing the Payjoin Dev Kit project, a privacy-focused Bitcoin transaction tool designed to improve user anonymity and … Read more
“The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend … Read more
Ethereum has recently outpaced Bitcoin in growth, leading to a sharp rise in the ETH/BTC trading pair. This surge has sparked hopes of an upcoming altcoin season. However, a closer look at historical data suggests that these expectations may be premature. The Breakout That Imbued Hope The ETH/BTC pair has recorded its first breakout since … Read more
Bitcoin developer Ben Allen has received a $100,000 grant from investment firm Maelstrom to support the development of Payjoin, a privacy-focused tool aimed at improving Bitcoin’s scalability and privacy. According to a May 20 announcement shared with Cointelegraph, Maelstrom will finance Allen’s work on his Payjoin devkit alongside Dan Gould. The system allows Bitcoin (BTC) … Read more
Key Points: Main event: Lee Jae-myung proposes won-based stablecoin plan. Potentially reduces reliance on foreign stablecoins. Addresses significant capital outflows from South Korea. Lee Jae-myung, South Korea’s Democratic Party leader and presidential candidate, proposed a stablecoin pegged to the Korean won on May 20, 2025. The plan aims to reinforce South Korea’s financial sovereignty by … Read more
The founder of the Ugandan blockchain and crypto education institution Mitroplus Labs was abducted by armed criminals posing as law enforcement. The criminals demanded $500,000 and access to the founder’s cryptocurrency wallets. Crypto Abduction Threat Spreads to Africa On May 17, Festo Ivaibi, founder of the Ugandan blockchain and crypto education institution Mitroplus Labs, became … Read more