$8.8 Billion Blockchain Hub: A Game-Changer for Maldives’ Economy?

MBS Global Investments, based in Dubai, plans to invest $8.8 billion over five years to establish a blockchain and digital asset hub in the Maldives. This initiative aims to diversify the country’s economy, which currently relies heavily on fishing and tourism. Diversifying the Maldives’ Economy The Dubai-based MBS Global Investments is reportedly set to pour … Read more

AI and Blockchain Explorers: Arkham and Blockchair Reshape Onchain Visibility

In recent years, blockchain explorers have advanced significantly, and with the rise of generative artificial intelligence (AI), their capabilities have expanded further. Below, we examine two leading blockchain explorers incorporating AI, designed to translate transaction data into human-readable formats. From Forensics to Fast Facts: How AI Is Transforming Blockchain Exploration Generative AI has revolutionized numerous … Read more

Coinbase Quietly Holds 2.7  Million Bitcoin Under Management, Worth About $261  Billion

Coinbase quietly guards a digital war chest of 2.7 million bitcoin, with Wall Street giants, tech titans, and mining firms all locking their crypto fortunes behind its walls. Digital Fort Knox Onchain data from timechainindex.com shows that San Francisco–based Coinbase (Nasdaq: COIN) currently safeguards 13.7% of the bitcoin ( BTC) in circulation. Beyond running a … Read more

Spam Fight Heats Up: Bitcoin Knots Node Count Rises 49% in April

Lately, Bitcoin developers have found themselves entrenched in a fervent dispute over a proposal to eliminate the long-standing 80-byte constraint imposed on the OP_RETURN function. As this technical standoff intensifies, the alternative Bitcoin client known as Bitcoin Knots witnessed a notable climb in node adoption. OP_RETURN Controversy Drives Surge in Bitcoin Knots Adoption The proposal, … Read more

Apple’s Revised US App Store Guidelines Ease Crypto App Payment and NFT Barriers

Apple has updated its U.S. App Store guidelines to allow apps to link to external payment systems, a shift welcomed by the crypto community for enabling NFTs, wallets, and decentralized finance (DeFi) platforms to bypass Apple’s fees. Apple’s App Store Rule Change Opens Door for Crypto Transactions via External Links The changes, effective May 2, … Read more

Royal Bitcoin Drain: Bhutan Quietly Dumps 2,584 BTC in 40 Days 

Roughly 40 days ago, Bitcoin.com News disclosed that the Royal Government of Bhutan, via Druk Holding and Investments (DHI), had moved 600 BTC, and at the time, held a balance of 10,070 BTC. Since that report, Bhutanese officials have evidently parted ways with 2,584 BTC—shedding approximately $248 million in digital assets. Bhutan’s Bitcoin Hoard Shrinks … Read more

Blackrock’s Bitcoin Fund Now Commands 607,685 BTC — Worth $58.5B

U.S. spot bitcoin and ether exchange‑traded funds amassed nearly $700  million during Friday’s trading session, closing the week on a vigorous note. Blackrock’s Bitcoin ETF Devours $675M in a Day While Rivals Stand Still Crypto ETFs finished in positive territory, with spot bitcoin products drawing $674.91  million and ethereum‑linked counterparts bringing in $20.10  million, according … Read more

Kevin O’Leary: Institutions Won’t Touch Ethereum—Bitcoin Is Their Only Play

In a recent interview, Shark Tank personality Kevin O’Leary, known as “Mr. Wonderful,” remarked that when substantial capital flows into the crypto sector, it inevitably gravitates toward the flagship digital asset, bitcoin. O’Leary Says Only Bitcoin Will Unlock Institutional Capital Kevin O’Leary offered a candid and strategic take on bitcoin ( BTC) during his latest … Read more

Crypto VC Firm Dao5 Closes $222M Fund to Focus on Institutional Adoption Projects

Tekin Salimi, founder of Dao5, reported that the VC company’s second fund was concentrated in 15 limited partners, including family offices and notable individuals. He assessed that the previous fund’s success influenced the level of participation in this one. Crypto Firm Dao5 Swims Against the Current: Closes $222M Fund Even with the reported problems that … Read more

How Kraken Outsmarted North Korean Hacker Posing as Job Applicant

Kraken’s security team thwarted a sophisticated infiltration attempt by a North Korean hacker posing as a job applicant. By carefully advancing the candidate through its recruitment process, Kraken identified a larger network of fake identities tied to state-sponsored cyberattacks. Fake IDs, VPNs, and Github: Inside Kraken’s Hunt for a State-Sponsored Hacker In a striking example … Read more