Safeheron introduces open-source Intel SGX TEE framework for Web3 security

Safeheron, a digital asset infrastructure provider based in Singapore, has introduced an open-source Trusted Execution Environment (TEE) framework. This solution could bolster security and privacy for Web3 in sectors like decentralized finance (DeFi), payment services, and decentralized autonomous organizations. The TEE framework is the first built upon the native Intel SGX SDK and developed using … Read more

Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility

This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a newly operational 20 MW facility in Texas. Phoenix Group Targets Top 5 Bitcoin Mining Spot by 2026 Phoenix Group, an Abu Dhabi-based cryptocurrency mining firm, announced consolidated Q1 revenue of … Read more

Crypto.com Expands US Presence With New DC Office Amid Trump’s Regulatory Shifts

Crypto.com announced plans Wednesday to establish a North America regional office in Washington, D.C., signaling a strategic push to deepen engagement with U.S. policymakers. New Crypto.com Office Near White House Signals Industry’s Regulatory Focus The new office, located near the White House, will focus on public and government affairs for the company’s U.S. operations. Matt … Read more

Visa invests in stablecoin payment platform BVNK amid pro-crypto push

Payments behemoth Visa has invested in BVNK, a London-based startup focused on stablecoin payment infrastructure, signaling continued interest in digital asset innovation. According to a May 7 BVNK announcement, the startup “secured a strategic investment from Visa through their Visa Ventures arm.” Furthermore, while the company does not explain fully what it entails, it refers … Read more

Strike Launches Bitcoin-Backed Loans, Allowing Users to Borrow Against Their Bitcoin Holdings

Strike CEO Jack Mallers announced the launch of bitcoin-backed loans, allowing eligible customers to borrow against their bitcoin holdings without the need to sell. This new feature enables users to access cash using their bitcoin as collateral, with loan amounts ranging from $75,000 to $2 million at a starting annual percentage rate (APR) of 12% … Read more

Blockchain ‘Baddies’ on how to bring more women into crypto

In an industry filled with complexity, jargon and mistrust, women in Web3 say that the way to attract more women into the crypto space starts with clarity, education and community.  At the Blockchain Baddies side event during Token2049 in Dubai, women shared personal experiences of entering the Web3 world and why they believe more female … Read more

Trump-backed USD1 is now the seventh-largest stablecoin worldwide

USD1, the US dollar stablecoin launched by the President Donald Trump-backed World Liberty Financial (WLFI), has become the seventh-largest stablecoin worldwide in just two months since its launch. WLFI’s snapshot vote for a USD1 airdrop proposal is underway, and USD1’s market capitalization has continued to climb. Launched in early March with a $3.5 million supply, … Read more

Bitcoin Price Watch: Traders Brace for Potential Double Top or Breakout

Bitcoin is trading at $97,030 with a market capitalization of $1.927 trillion, supported by a 24-hour trade volume of $28.862 billion. During this session, bitcoin saw a price range between $93,592 and $97,511, reflecting ongoing volatility within a consolidative structure near recent highs. Bitcoin Bitcoin’s multi-timeframe chart action continues to reflect bullish strength, particularly on … Read more

Bitcoin-backed loans ‘obvious’ next step — Xapo Bank CEO

Bitcoin holders are becoming more comfortable borrowing against their crypto as market confidence grows, according to Seamus Rocca, the CEO of the Gibraltar-based private bank Xapo Bank.  In an interview at the Token2049 event in Dubai, Rocca told Cointelegraph that with Bitcoin (BTC) hovering around $95,000 and institutional adoption starting to catch on, the executive … Read more