Ripple, the US-based crypto services firm behind the XRP Ledger, has committed $25 million in Ripple USD (RLUSD) to education nonprofits DonorsChoose and Teach For America. According to a May 5 announcement, the grant will be processed through the crypto charity intermediary service The Giving Block. DonorsChoose CEO Alix Guerrier said “teachers are going the … Read more
Key Points: Tokenization technology holds transformative potential for financial markets. SEC’s Crypto Task Force seeks public feedback for future regulations. Hester Peirce is known for her progressive stance on crypto regulation. SEC Commissioner Hester Peirce has emphasized the potential of tokenization technology to transform financial markets, advocating for innovation and clear regulations. The SEC’s Crypto … Read more
Semler Scientific, Inc. has acquired an additional 167 bitcoins for $16.2 million, bolstering its total holdings to 3,634 BTC and securing its position as the fourth-largest Bitcoin treasury company in the U.S., according to a May 5 regulatory filing. Semler Scientific’s Bitcoin Holdings Surge to 3,634 BTC with 22.2% YTD Yield The Delaware-based company purchased … Read more
$243M Bitcoin scam that led to kidnapping and chaos In one of the most bizarre crossovers between digital crime and real-world violence, a group of young cybercriminals stole almost $243 million in Bitcoin (BTC). Within weeks, the fallout spilled from the blockchain into a quiet Connecticut suburb, ending in a harrowing kidnapping plot. If this … Read more
Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per share, ending its nearly three-decade run as a public company, the retailer announced on Monday. The price 3G Capital agreed to pay represents a 30% premium to Skechers’ current valuation on the public markets, which is line with … Read more
If you’ve spent time spinning the reels, you’ve probably wondered why some slot games feel a bit more generous than others. That’s where RTP—short for Return to Player—comes into play. It’s a handy way to estimate how much you might get back from a game over time. And when you’re playing at a crypto-friendly site, … Read more
Fans of Pragmatic Play’s Gates of Olympus already know how thrilling it feels when Zeus drops those juicy multipliers. Now, crypto-friendly 500 Casino is giving players even more reason to spin with their Gates of Olympus Super Scatter Race. Not only can you win big in the game, but landing a high multiplier could also … Read more
According to a Monday SEC filing, Strategy purchased the bitcoin at an average price of $95,167 per coin between April 28 and May 4. The acquisition brings the company’s total holdings to 555,450 BTC, acquired for approximately $38.08 billion at an average price of $68,550 per bitcoin. The latest purchase was funded through a combination … Read more
US President Donald Trump will host a gala dinner for top holders of his Official Trump (TRUMP) memecoin despite bipartisan criticism and renewed calls for impeachment. In a May 5 Truth Social post, Trump announced that he will hold a gala dinner with major TRUMP holders on May 22. The announcement follows multiple US lawmakers … Read more
Key Points: SEC meeting on tokenization highlights institutional crypto interest. Wall Street giants join SEC roundtable discussion. Potential shifts in crypto market following SEC event. The U.S. Securities and Exchange Commission (SEC) will hold a roundtable meeting on May 12 at its headquarters to discuss the future of tokenization, featuring key industry leaders. This event … Read more