Crypto

Speaking at the Bitcoin 2025 conference, US Vice President JD Vance called crypto enthusiasts to remain politically active. United States Vice President JD Vance took the stage to deliver a keynote address at the Bitcoin 2025 conference in Las Vegas, Nevada, encouraging Bitcoiners to deepen their involvement in politics. Vance highlighted the strategic and geopolitical importance of Bitcoin, emphasizing that the US should maintain leadership in the crypto industry to remain competitive in the age of digital finance. Vance told the audience: “Don’t ignore politics because I guarantee you, my friends, politics is not going to ignore this community, not now, and not in the future,” the vice president continued. Read more

BlackRock and Circle IPO: BlackRock has moved to buy roughly 10 % of Circle’s planned $624 million offering, deepening ties with the USDC reserve fund it manages. Interest from Ark Invest and oversubscribed orders suggest renewed confidence in crypto-linked listings ahead of pricing on June 4. The post BlackRock to Buy Stake in Circle Internet Ahead of IPO: Bloomberg Report appeared first on Cryptonews.

BlackRock plans to acquire approximately 10% of the shares offered in Circle’s initial public offering (IPO), Bloomberg News reported on May 28. People familiar with the matter said Circle and its shareholders, including co-founder and CEO Jeremy Allaire, are seeking to raise $624 million through the offering.  Orders for the offering have reportedly exceeded the […] The post BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO appeared first on CryptoSlate.

The Norway-based brokerage and research services firm said it believes Bitcoin will become part of the global financial system.

The U.S. Vice President said the administration has a “once in a generation opportunity to unleash innovation” by creating regulations for the crypto industry.

The US Department of Labor (DOL) formally rescinded a 2022 compliance release that discouraged fiduciaries from offering crypto investment options in 401(k) retirement plans, according to a May 28 announcement. The decision withdraws “Compliance Assistance Release No. 2022-01,” which directed fiduciaries to exercise “extreme care” before including digital assets in retirement plan investment menus. Neutrality restored  […] The post US Labor Department dials back crypto warning for retirement plans appeared first on CryptoSlate.

JD Vance followed in President Trump's footsteps Wednesday, giving a keynote speech at the annual Bitcoin conference in Las Vegas.

Backed by rising use cases and institutional interest, stablecoin companies are attracting investors in 2025. Conduit, a cross-border payments company based in Boston, has raised $36 million in a Series A funding round led by Dragonfly and Altos Ventures. The capital will go to scale its payment system and expand currency offerings across fiat and stablecoins. Conduit markets its payment system as an alternative to the messaging network SWIFT, or Society for Worldwide Interbank Financial Telecommunications. Banks have relied on the SWIFT protocol to process wire transfers since the 1970s. Conduit claims its platform offers a modern alternative, enabling near real-time cross-border settlements by combining stablecoins with local fiat currencies through crypto infrastructure. Read more

Telegram bond sale has secured backing from BlackRock, Citadel and Abu Dhabi’s Mubadala for a $1.5 billion 9 percent convertible bond to repurchase 2021 notes. Investors continue to fund hybrid messaging-crypto models even as CEO Pavel Durov is restricted in France during a legal probe. The post Telegram Bond Sale Lures BlackRock, Citadel Into $1.5B High-Yield Bet – Despite CEO Probe appeared first on Cryptonews.

Circle filed for an initial public offering on Tuesday.

Galxe has unveiled the Starboard platform to reward Web3 community members whose actions drive growth. By analysing social engagement and on-chain metrics, it lets teams allocate incentives fairly. Over 20 projects, led by Plume, Dango and 0G Labs, have committed more than $5 million. The post Galxe Unveils Starboard – $5M Rewards Pool Targets Real Web3 Impact appeared first on Cryptonews.

Ngo Thi Theu was allegedly a key figure in a network that involved 35 officials and over 1,000 employees working across 44 call centres in Vietnam.

The International Monetary Fund (IMF) has again called on El Salvador to keep its Bitcoin holdings unchanged. In a statement released on May 27, the IMF said government-owned wallets must not increase their BTC reserves and also urged the country to fully exit its role in the Chivo wallet by the end of July. According […] The post El Salvador continues to resists IMF pressure to halt Bitcoin accumulation appeared first on CryptoSlate.

Asset managers BlackRock and ARK Invest have indicated interest in acquiring over $150 million in Circle’s shares BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO). According to a May 28 Bloomberg report citing anonymous sources, BlackRock is looking to purchase roughly 10% of the offering. Circle, the issuer of the USDC stablecoin, is aiming to raise $624 million in its initial public offering Cathie Wood’s Ark Investment Management is also interested in buying $150 million worth of shares in the offering, the report said.  Read more

Also: Solana On MetaMask, FIFA Taps Avalanche, Square Pilots Real-Time Bitcoin Payments

Ripple has donated the controversial “Skull of Satoshi” sculpture to the Bitcoin community in a symbolic move to foster cross-chain unity. The donation was made during the Bitcoin Conference on May 28, marking an unexpected collaboration moment between two long-standing crypto industry rivals. Ripple CEO Brad Garlinghouse described the move as a symbolic gesture to […] The post Ripple donates ‘Skull of Satoshi’ sculpture to foster unity with Bitcoin community appeared first on CryptoSlate.

The Telegram-linked altcoin surged after The Wall Street Journal reported Telegram is courting investors such as BlackRock as the company looks to raise $1.5 billion.

BTC conference begins, Fed minutes & Nvidia today FOMO HOUR EP 366 BTC: 108.8k (-1%), ETH: 2635 (0%), SOL: 173 (-1%). Top Gainers: QNT, TKX, SUI, INJ, UNI. BTC ETFs: +$385mn, ETH ETFs: +$39mn. BTC stable, ETFs monthly inflows highest since Nov. Crypto market cap only 6% below Dec 2024 peak. US could buy more BTC: Sacks. Trump Media to raise $2.5bn to buy BTC. Gamestop buys $512m BTC. Strive raises $750m to buy BTC. Metaplanet issues $50m debt to buy BTC. El Salvador defies IMF, buys more BTC. Bitcoin Act to hit Congress next week: Lummis. BTC reserve is geopolitical advantage: Lummis. Texas removes staking from BTC bill ahead of vote. Cantor Fitzgerald to propose $2bn BTC lending. Block to launch BTC payments on Square. Sharplink raises $425m to buy ETH. SOL now live on Metamask. SOL to underperform ETH over 3 years: StanChart. Echo to launch ICO style platform. Cetus announces 100% recovery from hack. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and ma...

Insuring validator yields opens doors to financial products once deemed too risky, writes CoinFund’s Christopher Perkins and market infrastructure expert Finbarr Hutcheson.

JD Vance, speaking live at Bitcoin 2025, said that crypto is "ground-up" innovation that is already helping millions of people.