Wisconsin Investment Board sold off its Bitcoin ETF stash

The State of Wisconsin Investment Board (SWIB), which oversees the state’s retirement funds, unloaded its shares in BlackRock’s iShares Bitcoin Trust ETF (IBIT) during the first quarter, filings show. The Wisconsin Investment Board reported no spot Bitcoin ETF positions in its 13F filing to the US Securities and Exchange Commission on May 15, liquidating all … Read more

Top Memecoin Rug Pulls in Two Years

Cryptocurrency has emerged as one of the most disruptive technologies of the 21st century. With blockchain providing decentralization, transparency, and security, a tidal wave of retail investors have entered the crypto space, looking to catch the next bull cycle or discover the next high profile token.  But not all that glitters is gold. While crypto … Read more

Former Rep. McHenry: Gensler’s Anti-Crypto Stance Tied to Senate Politics

Patrick McHenry, who served as chairman of the House Financial Services Committee from 2023 to 2025, explained that the private opinion of former SEC Chair Gary Gensler on cryptocurrency differed from his public actions. He attributed Gensler’s anti-crypto stance to progressive ideology and Senate politics. Former Representative Patrick McHenry: Gensler Opposed Crypto Due to Senate … Read more

Lyft Taps Solana-Powered Hivemapper for Decentralized Mapping Data

In brief Lyft has confirmed it is sourcing street-level mapping data from Bee Maps, a decentralized mapping platform built on the Solana-powered Hivemapper network. The partnership began in 2024 and supports Lyft’s navigation and autonomous vehicle initiatives. Decrypt understands the deal involves licensing data only, with no contribution from Lyft drivers or their vehicles. Lyft … Read more

Abu Dhabi’s Sovereign Wealth Fund Reveals $408 Million Investment In BlackRock’s Bitcoin ETF

Mubadala, Abu Dhabi’s sovereign wealth fund, disclosed a $408.5 million stake in the iShares Bitcoin Trust (IBIT), according to a 13F filing released today. The fund reported holding 8,726,972 shares as of March 31, 2025, an increase from 8,235,533 shares reported at the end of 2024.  In a 13F filed today, Mubadala, the Abu Dhabi … Read more

Solana’s dApp Revenue Opportunity: Resilience in a Volatile Market

This content is provided by a sponsor. As of April 2025, Solana’s decentralized application (dApp) ecosystem has seen significant swings in revenue and activity. Here’s a look at the latest trends—and the emerging opportunities they reveal: Recent Revenue Trends In March 2025, Solana’s dApp ecosystem generated $146 million in total revenue, capturing 46% of all … Read more

Coinbase hit by revived SEC probe as stock sheds monthly gains in single-day drop

A New York Times report has disclosed that the US Securities and Exchange Commission (SEC) is investigating Coinbase. The report published on May 15 stated that the SEC is investigating whether claims of having over 100 million users are misrepresentations. According to the report, the investigation started under the Joe Biden administration when Gary Gensler … Read more

Federal Reserve Revamps Policy Framework for Economic Changes by 2025

Key Points: Fed Chair Jerome Powell leads policy framework review amid changing economic dynamics. Results may announce around August or September 2025. Aims to address future inflation volatility, impacting financial markets. Federal Reserve Revamps Policy Framework for Economic Changes by 2025 Federal Reserve Chairman Jerome Powell announced on May 15, 2025, that the central bank … Read more