In a filing with the US Securities and Exchange Commission on May 13, Cantor Equity Partners revealed that Tether bought 4,812 Bitcoin for a total of $458.7 million and an average price of $95,320 per BTC. The purchase was on behalf of Jack Mallers’ recently launched Bitcoin treasury company, Twenty One Capital. Twenty One Capital, […]
Trump-affiliated Bitcoin mining company, American Bitcoin, plans to go public through a merger with Gryphon Digital Mining, Inc. The deal, structured as a stock-for-stock transaction, will see Gryphon acquire the company and operate under the American Bitcoin brand once closed. Merger Details According to a May 12 press release, the newly combined entity will be […]
For the first time in more than three months, bitcoin (BTC) has reclaimed $100,000, rallying to a level just 3.6% shy of its all-time high (ATH). This surge comes as tariff tensions between China and the United States ease off, and macroeconomic conditions become positive again. According to a report from the crypto exchange Bitfinex, […]
Coinbase Global will become the first-ever crypto company to be included in the benchmark index next week. The San Francisco-based crypto exchange will replace Discover Financial Services in the S&P 500 on May 19, according to the release. “Thank you to everyone who made it possible for a crypto company to join the S&P 500 […]
The Mobius DeFi and real-world asset tokenization platform suffered a smart contract exploit on the BNB Chain on May 11, leading to the theft of $2.15 million in Mobius Tokens (MBU), reported blockchain security firm Cyvers. “Two minutes prior to the exploit, our system identified a deployment of a malicious smart contract that eventually targeted […]
Bitcoin (BTC) continues to flex its dominance as the top digital asset, attracting $867 million in inflows last week alone, according to a fresh CoinShares report published on May 12. This influx led the broader crypto investment products market, which collectively saw $882 million in inflows, marking the fourth consecutive week of gains and lifting […]
Japanese investment firm Metaplanet has added to its Bitcoin reserve with a fresh purchase worth $126.7 million on May 12. The latest move brings the company’s total Bitcoin holdings to 6,796 BTC. Details From The Latest Buy The development was shared by CEO Simon Gerovich on X. He revealed that the firm has bought 1,271 […]
Following a week of anticipation and building hype, the US and China delegates finally met in Geneva, Switzerland, to discuss a potential trade deal. Although the initial statements from both countries are positive in terms of reaching a mutual understanding, the crypto market has reacted with a minor retracement, while Santiment warned investors to exercise […]
A new report from Solidus Labs has exposed a huge amount of what it calls “fraudulent” activity on the Solana blockchain. The findings revealed that 98.6% of tokens launched on Pump.fun could be classified as either rug pulls or pump-and-dump schemes. Solana: A Hotbed for Meme Coin Scams? In its report, the crypto surveillance firm […]
In a research note out on Tuesday, the British banking giant’s head of digital, Geoff Kendrick, said: “BNB has traded almost exactly in line with an unweighted basket of bitcoin and ether since May 2021 in terms of both returns and volatility.” That’s good news for the Binance exchange and smart chain token. Bitcoin’s price […]