Metaplanet is raising another $21M through bonds to buy more Bitcoin

Fresh off its most recent Bitcoin purchase, Japanese investment firm Metaplanet is raising more funds through another bond issue to expand its growing crypto treasury. Through a $21.25 million issue of “0% Ordinary Bonds,” the firm said in a May 9 statement that the “funds raised will be allocated to the purchase of Bitcoin.” Zero-coupon … Read more

Congress Urged to Close Dangerous Crypto Oversight Gap Now

An urgent plea from a top former regulator presses Congress to act now, warning that inaction on crypto oversight endangers millions amid rampant fraud and market disorder. Former CFTC Chair Urges Congress to Act Now as Crypto Regulation Void Endangers Millions Rostin Behnam, former chairman of the U.S. Commodity Futures Trading Commission (CFTC) and now … Read more

AI decentralized apps are coming for the Web3 throne: DappRadar

AI decentralized apps (DApps) have seen a spike in user activity and could soon challenge gaming and DeFi for the top spot in the DApp ecosystem, according to blockchain analytics platform DappRadar. Gaming and DeFi are both sitting on 21% dominance in April, judged by percentage of unique active wallets, while AI has climbed to … Read more

Apple makes progress toward its first pair of smart glasses: Report

Apple is reportedly working on its own microchips across multiple product categories, including smart glasses and artificial intelligence — a hint at what’s next for the massive Silicon Valley-based tech giant. A May 8 report from Bloomberg, citing people familiar with the matter, said the company is working on new processors to power its future … Read more

Coinbase Will Be $1 Trillion Company, Says Bitwise CIO

Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes crypto exchange Coinbase (Nasdaq: COIN) will be a $1 trillion company in the future, following its acquisition of Deribit. In a statement on X, Hougan signaled strong confidence in Coinbase’s strategic direction, stating: “This is an insanely great acquisition. Coinbase is going to be a … Read more

Bitcoin at $103K hurtles MARA stack toward $5B, holdings triple

Bitcoin mining firm MARA Holdings (MARA) nearly tripled its Bitcoin holdings over 12 months, according to its newly released Q1 results. However, its Bitcoin production fell, and total earnings slightly missed Wall Street estimates in Q1. MARA, formerly Marathon Digital, saw its Bitcoin (BTC) holdings increase to 47,531 BTC, up 175% from the 17,320 BTC … Read more

Rumble CEO confirms Tether-collab crypto wallet to launch in Q3

Rumble’s pro-crypto founder and CEO has confirmed that the firm will launch its Bitcoin and stablecoin wallet in the third quarter of this year, aimed at giving the Coinbase Wallet a run for its money.  The Rumble Wallet will be launched in partnership with stablecoin issuer Tether and compete directly with Coinbase, Chris Pavlovski said … Read more