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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
A Financial Times report has revealed that a small group of traders profited approximately $99.6 million by purchasing the Melania Trump memecoin, MELANIA, just minutes before its public announcement on January 19. In the two and a half minutes leading up to the launch, around two dozen digital wallets acquired $2.6 million worth of tokens, … Read more
KULR Technology Group, Inc. (NYSE: KULR), a Houston-based energy management firm, has announced the acquisition of 42 bitcoin ( BTC) for approximately $4 million, at an average price of about $94,403 per bitcoin. The company reported a year-to-date bitcoin yield of 197.5%. As of May 6, 2025, KULR holds a total of 716.2 BTC, which … Read more
Chainlink has announced the launch of Chainlink Rewards, a new community engagement program aimed at incentivizing participation. In collaboration with Space and Time, a member of the Chainlink Build program, the initiative will make 4% of Space and Time’s total SXT token supply, amounting to 200 million SXT, available to eligible LINK Stakers. The first … Read more
Uniswap is now live on Soneium, Sony’s entertainment-focused Layer 2 platform, allowing users to swap, provide liquidity, and bridge across networks. This integration supports seamless value exchange for various digital assets, including collectibles and tokenized intellectual property. Launched in January 2025, Soneium aims to protect intellectual property and onboard new users to onchain experiences, with … Read more
Etoro Group Ltd has officially launched the roadshow for its initial public offering (IPO) of 10,000,000 Class A common shares, with 5,000,000 shares being offered by the company and 5,000,000 shares by certain existing stockholders. The company anticipates granting underwriters a 30-day option to purchase an additional 1,500,000 common shares to cover over-allotments, if necessary. … Read more
OKX DEX restarted operations on May 5, 2025, introducing a real-time abuse detection system, as announced by OKX founder and CEO Star Xu in an X post. This restart comes following a March 17 suspension due to misuse by the North Korean Lazarus Group, which laundered $100 million in ether after a $1.4 billion Bybit … Read more
Bitcoin pioneer Charlie Shrem announced plans to relaunch a bitcoin faucet on May 4, 2025, aiming to distribute free bitcoin like the original faucet created by Gavin Andresen in 2010, which gave away five bitcoin per claim to promote adoption, according to his X post. Shrem, who served two years in prison in 2014 for … Read more
Binance has signed a Memorandum of Understanding (MoU) with the National Agency for Investments under the President of Kyrgyzstan to foster collaboration in advancing the digital-asset sector in the country. The signing took place during the inaugural meeting of the Council for the Development of Digital Assets, attended by President Sadyr Japarov. The MoU aims … Read more
Deribit, the world’s largest cryptocurrency options exchange with $1.3 trillion in trades last year, is considering entering the U.S. market, encouraged by President Donald Trump’s promise to make the country the global hub for digital assets like bitcoin, the FT reported. The Dubai-based company joins firms like OKX and Nexo in targeting the US after … Read more