Michael Saylor, executive chairman of Strategy, has stirred up the Bitcoin community with his recent comments on proof-of-reserves, calling it a “bad idea” that puts institutional security at risk. Speaking at a side event at the Bitcoin 2025 conference in Las Vegas, Saylor expressed strong concerns about the security implications of on-chain proof of reserves…
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…
At present, UFC legend Conor McGregor is showing interest in XRP; he is looking at more than just Bitcoin because the U.S. is thinking about using different kinds of digital money. McGregor, who supports the idea of a Bitcoin reserve, is now learning about how XRP, Cardano, and Solana work without central control, which is…
Bitcoin’s price remains range-bound between $107,000 and $110,000 as traders anticipate potential market-moving announcements from the Bitcoin 2025 Conference in Las Vegas. Elevated short-term volatility suggests caution, with historical precedents prompting defensive positioning. Traders Brace for Impact Ahead of Bitcoin’s Largest Annual Gathering Bitcoin‘s price action has been notably restrained, trading within a tight range…
Crypto exchange giant OKX introduced the OKX Wallet standalone application, a noncustodial wallet with a built-in decentralized exchange (DEX) as its key feature. According to the firm, the launch is part of its efforts to improve user access to decentralized finance (DeFi) tools and services. Previously, OKX Wallet was available only as a feature within…
A string of violent abduction attempts targeting crypto elites has rocked France, sparking national security concerns and urgent industry warnings. France Charges 24 in Multi-Million Euro Crypto Kidnapping Conspiracy French authorities disclosed Tuesday that 24 individuals have been arrested this week in connection with a series of attempted kidnappings targeting high-profile figures in the cryptocurrency…
During the Bitcoin Pizza Day Meetup on May 22, 2025 in Bonifacio Global City, Taguig, GCash Vice President and GCrypto Head Luis Buenaventura discussed the evolving financial strategies involving cryptocurrencies, especially $BTC. He particularly highlighted the “Buy, Borrow, Die” strategy, typically employed by the ultra-wealthy, but applied it in the context of Bitcoin. “Buy, borrow,…
Strive Asset Management and Asset Entities Inc. (Nasdaq: ASST) announced a $750 million private investment to fund their first wave of bitcoin acquisitions, aiming to establish Strive as a leading bitcoin treasury company focused on long-term outperformance. Strive Eyes Bitcoin Dominance With No-Debt $750M Funding Round The financing for Strive Asset Management and Asset Entities…
Cryptocurrency exchange Bitget launched BGUSD, a stable asset certificate offering a 4% annual yield, backed by tokenized real-world assets (RWAs) including money market funds and U.S. Treasuries. New Bitget Stablecoin BGUSD Generates Yield from Tokenized Assets The product, announced on May 27, 2025, is redeemable for USDC at a 1:1 ratio and can be purchased…
Lyn Ulbricht, mother of Silk Road founder Ross Ulbricht, unveiled a nonprofit called Mothers Against Cruel Sentencing (MACS) during the Bitcoin 2025 conference in Las Vegas—an initiative centered on criminal justice reform. MACS Founder Lyn Ulbricht Seeks Justice for Nonviolent Offenders The organization targets the issue of excessively punitive prison terms, especially for individuals convicted…
