Crypto

The move to repurpose its old oil production infrastructure comes after Russia slapped a Bitcoin mining ban on regions in the south.

Strategy (formerly MicroStrategy) has unveiled plans to raise $2.1 billion via sales of its Series A Perpetual Strife Preferred Stock (STRF). According to the May 22 statement, the stock will be issued under an at-the-market (ATM) program. This structure allows Strategy to sell shares gradually, based on favorable market conditions like trading volume and price. […] The post Strategy seeks to raise $2.1 billion from STRF stock offering to bolster its Bitcoin holdings appeared first on CryptoSlate.

OKX has launched xBTC, a fully collateralized 1:1 wrapped Bitcoin, on the Aptos blockchain. The token lets holders deploy BTC across Aptos-based DeFi trading, lending and Web3 applications without minting or redemption fees, supported by public proof-of-reserves for transparency. The post OKX Unleashes xBTC on Aptos – 1:1 Wrapped Bitcoin Flows Fee-Free Into DeFi appeared first on Cryptonews.

Information Finance (InfoFi) is an emerging category of applications that create tradable markets around exotic, non-price signals. Polymarket laid the groundwork with event-driven prediction markets, while newer applications like Noise, Ethos, and Narrative are pushing the boundaries with markets for mindshare, credibility, and quantitative metrics. Together, these projects highlight a shift from speculation as entertainment to speculation as a mechanism for real-time information discovery.

Tokenization is one of the principal use cases of blockchain technology attracting the attention and investment of the TradFi world

Bitcoin bull market momentum is in full force as US jobless claims fail to spark cold feet on risk assets — and a "bigger move" on BTC is expected. Key points: Mixed results for US jobless claims fail to dent risk-asset enthusiasm. Despite concerns over the bond market, Bitcoin and stocks enjoy stability at the start of the Wall Street trading session. Read more

The company may explore tokenized securities on other blockchains as well.

Sun, a Chinese-born crypto billionaire, is also involved with the Trump-linked ecosystem through a $75 million investment in World Liberty Financial.

Hollywood superstar Sir Patrick Stewart has joined hands with the DeLorean Motor Company (DMC) and DeLorean Labs as the brand prepares to launch its novel on-chain vehicle reservation system and Web3 marketplace. The post Sir Patrick Stewart and DeLorean Team Up to Reveal On-Chain Auto Reservation Marketplace appeared first on Cryptonews.

Ultimately, Glider’s goal is to lower the barrier to entry to the point where anybody can manage a crypto portfolio, founder Brian Huang said.

The device launches in four phases, with early access for existing Solana SBT holders receiving up to $70 in SOL rebates.

Low funding rates and the absence of overly euphoric investor sentiment accompanied Bitcoin’s rally to new all-time highs, suggesting that much higher prices are in store. Key takeaways: Bitcoin’s rally to new price highs happened as funding rates and trading sentiment remained unusually subdued. Rising stablecoin supply and global M2 growth indicate untapped liquidity and the potential for further price increases. Read more

DeLorean is launching an onchain reservation system and marketplace on Sui, giving users priority access to its upcoming electric vehicle. DeLorean launched an onchain reservation system and non-fungible token (NFT) marketplace for its upcoming electric vehicle launch, introducing a new blockchain-based approach for reserving and reselling cars. According to DeLorean, its Build Slot NFT collection grants holders priority access to purchase DeLorean’s upcoming electric car, Alpha 5 EV. The model is the carmaker’s first vehicle in over 40 years, inspired by the iconic flux capacitor from the movie Back to the Future. The company created an exclusive marketplace for its NFT holders, in which users can buy or trade the NFTs using the USDC (USDC) stablecoin on the Sui network and will be able to earn rewards. Read more

The tokens will be deployed on Solana and backed by real securities held by Kraken’s partner, Backed Finance.

The fund will invest at least 80% of its assets in XRP futures contracts and shares of other XRP-linked exchange-traded products.

Sonic Labs GSR collaboration has confirmed the trading firm as market maker for the S token. GSR has committed to injecting liquidity across Sonic’s DeFi stack, mentoring early projects, sponsoring Sonic Summit 2025, and supporting court-approved Multichain liquidation following the 2023 hack. The post Sonic Labs GSR Alliance to Turbocharge S Token – Will Liquidity Surge Next? appeared first on Cryptonews.

BTC hits ATH, InfoFi battle begins, Texas passes BTC bill FOMO HOUR EP363 BTC hits new ATH of $111k. BTC on track for first golden cross since Oct. Funding rates on majors remain very low. BTC OI on Deribit at record $42.5b. Hyperliquid whale increases BTC position to $1.1bn. Miners appeared dumped BTC right before ATH. HYPE leads rally in L1s, nears ATH. Cetus on SUI faces exploit. IBIT now top 5 in YTD inflows across all ETFs. VanEck to launch private digital asset fund in June. Binance to list WLFI USD1 stablecoin. SOL Mobile’s 2nd Gen Seeker to ship from Aug 4. WLD raises $135m from VCs for expansion. Synthetix drops $27m Derive deal. Hong Kong passes stablecoin bill. Coinbase leak likely happened in December. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to F...

XRP has risen by 3% in the past 24 hours, with market momentum and its chart pointing to the start of a cycle that could bring new record highs. The post XRP Price Prediction: After 50% Gains, Could This Be the Start of a Long-Awaited Supercycle? appeared first on Cryptonews.

Semiconductor exemptions from recent US tariffs are largely illusory. Most enter via finished products like servers, GPUs, laptops and phones. The supposed benefits of semiconductor exemptions are erased. Opinion by: Ahmad Shadid of O.xyz Semiconductors scored a rare exemption from US President Donald Trump’s aggressive reciprocal tariffs, but the relief is symbolic at best. Most semiconductors enter the US embedded in servers, GPUs, laptops, and smartphones.  The finished goods remain heavily tariffed, some with duties reaching up to 49%. The exemption looks good politically but delivers little practical benefit. Nvidia’s DGX systems, crucial for training advanced AI models, do not fall under the exempted HTS codes. Nvidia could pay effective tariffs nearing 40% on these vital components. Such costs threaten to stall critical AI infrastructure projects across the country.  Read more

How Black Mirror’s on-chain experiment is paving the way for the future of entertainment monetization.