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News Bytes – Page 88 – DIGIT INFO

Report: Blackrock Eyes 10% Stake in Circle’s IPO

Blackrock Inc. intends to acquire roughly 10% of the shares offered in Circle Internet Group Inc.’s upcoming initial public offering (IPO). Bloomberg first reported the news, citing people familiar with the matter. The move positions the world’s largest asset manager at the center of a high-profile public debut linking Wall Street with digital assets. The … Read more

Metaplanet Announces Issuance of $50 Million in Ordinary Bonds for More Bitcoin Acquisition

Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), a publicly listed bitcoin treasury company based in Japan, has announced the issuance of its 16th Series of Ordinary Bonds, totaling $50 million, as approved by its Board of Directors on May 28, 2025. The bonds, which will be allocated entirely to EVO FUND, have a … Read more

Bitstamp Launches Staking for Ethereum and Cardano for UK Customers

Cryptocurrency exchange Bitstamp has announced that UK customers can now stake ethereum ( ETH) and cardano ( ADA) on its platform, currently offering an annual percentage yield (APY) of 3.1% for ETH and 1% for ADA. The staking process is designed to be simple and secure, allowing users to earn rewards by delegating their crypto … Read more

Jack Dorsey’s Block to Roll out Bitcoin Lightning Payments on Square

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

India’s Crypto Sector Rallies for Tax Change as Trump Spurs Market Optimism

Amid evolving global dynamics, India’s cryptocurrency sector is intensifying pressure on the government for tax relief, capitalizing on what industry leaders see as softening attitudes linked to Donald Trump’s White House return. Executives report regular engagements with Indian policymakers—now occurring monthly or weekly—compared to biannual discussions in the past. The industry seeks to replace the … Read more

Former CFTC Chairman ‘Crypto Dad’ Joins Sygnum Bank

Former U.S. Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo, known as “Crypto Dad,” has joined Sygnum Bank as Senior Policy Advisor, as announced on May 27, 2025. Giancarlo, who was a strong advocate for open markets and balanced regulatory frameworks during his tenure at the CFTC, will leverage his experience in regulatory matters … Read more

Partnership Signed to Enhance Blockchain-Powered Trade Between Malaysia and Singapore

MYEG, a Malaysian e-government and digital services provider, has signed a Memorandum of Understanding (MoU) with Sgtradex, Singapore’s national digital infrastructure for trade data exchange, to facilitate seamless blockchain-powered trade between Malaysia and Singapore. The agreement, signed at the ASEAN-GCC-China CEO Roundtable, aims to enhance digital connectivity in the ASEAN region by enabling interoperable, cross-border … Read more

Speculation Grows Over Trump Media’s $3 Billion Crypto Ambition

Amid swirling speculation, Trump Media & Technology Group (TMTG), overseen by Donald Trump’s family, is reportedly exploring a $3 billion fundraising effort aimed at cryptocurrency investments, according to unnamed sources cited by the Financial Times. The plan allegedly includes $2 billion in equity and $1 billion via convertible bonds, though TMTG dismissed the claims, stating: … Read more

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