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Ugandan law enforcement has arrested Phineous Biira, a suspect in the abduction of crypto educator Festo Ivaibi on May 17. Suspect Has Criminal Record Ugandan law enforcement has arrested one of the suspects involved in the abduction crypto trader and educator Festo Ivaibi on May 17. The arrest occurred after forensic experts traced the stolen … Read more
Block, Inc. (NYSE: XYZ) announced that it will launch bitcoin payments on its Square platform. By utilizing the Lightning Network, Square’s Point of Sale app will enable merchants to accept bitcoin payments directly through their hardware, facilitating near-instantaneous and low-cost transactions. The rollout is expected to begin in the second half of 2025 and reach … Read more
Sui-based decentralized exchange Cetus may be one step closer to recovering the funds lost in a recent exploit, pending the outcome of a community governance vote scheduled to end June 3. Cetus was exploited for over $220 million worth of digital assets on May 22. Shortly after the incident, Cetus managed to freeze $162 million … Read more
This content is provided by a sponsor. PRESS RELEASE. Singapore, May 28, 2025 – HTX Research, the research arm of HTX, has just released a crucial new report: “The New Macroeconomic Landscape and Bitcoin Outlook: An Analysis of Liquidity, Risk Appetite, Policy Dynamics, and Investment Strategy.“ This comprehensive analysis comes at a pivotal time, as … Read more
Japanese investment firm Metaplanet is raising $50 million through a private placement of zero-interest bonds as part of its ongoing strategy to increase its Bitcoin exposure. In a May 28 announcement, the company that it was raising $50 million through bonds. The bonds are issued in $1.25 million denominations and carry no interest. Investors will … Read more
Bitlayer has formed partnerships with three bitcoin mining pools—Antpool, F2pool, and Spiderpool—to enhance the implementation of the Bitcoin Virtual Machine (BitVM) and the BitVM Bridge. Aligning Mining Operations With Bitcoin’s Evolution Bitlayer, a Bitcoin layer two (L2) solution, has announced key partnerships with three major bitcoin mining pools to advance the real-world implementation of the … Read more
The sector of Layer 2 (L2), which was once regarded as the next frontier of blockchain scalability and investor fervor, is experiencing a revaluation that can only be viewed as sobering. Many of the most heavily funded L2 projects now trade at market capitalizations that are appreciably below the amounts they raised during their early-stage … Read more
DeFi seems to be entering a new growth phase, with new capital flowing into major protocols and investor sentiment turning very bullish. This soft trend is nowhere more evident than on Sonic, an emergent DeFi network where the top protocols control almost $1.6 billion in total value locked (TVL)—about 80% of the network’s TVL. And … Read more
The decentralized finance (DeFi) protocol landscape is awash with projects, many of which do indeed generate revenue (sometimes quite a bit of it). But few manage to accomplish both: bringing in a lot of profit while maintaining a somewhat reasonable valuation in the market. Enter Aerodrome, a DeFi protocol that lives on the Base blockchain … Read more
Australia’s markets regulator has filed civil proceedings against Liang “Allan” Guo, the former director of Blockchain Global. Guo will face the court on “allegations relating to multiple breaches of his directors’ duties,” the Australian Securities and Investments Commission said in a May 28 press release. ASIC alleged Guo made multiple breaches of directors’ duties relating … Read more
