CryptoSlate

Found 409 news

  • Jamie Dimon casts doubt on US dollar as global reserve currency
    CryptoSlate - 13:13 Jun 01, 2025
    At the Reagan National Economic Forum in California on May 29–30, JPMorgan Chase CEO Jamie Dimon cast a warning about the future of the U.S. dollar’s dominance as the world’s reserve currency. While acknowledging China as a potential threat, Dimon stressed that the real danger comes from within the United States. “China is a potential […] The post Jamie Dimon casts doubt on US dollar as global reserve currency appeared first on CryptoSlate.
  • Conor McGregor doubles down on an Irish strategic Bitcoin reserve, tags Nayib Bukele ‘let’s chat’
    CryptoSlate - 20:29 May 31, 2025
    Former UFC champion and Irish presidential hopeful Conor McGregor is doubling down on his vision for an Irish strategic Bitcoin reserve. On May 30, he took to X to pledge a “decentralised blueprint for sovereignty,” stating that Germany had “dropped the ball,” and promising that “Ireland will not.” He also tagged El Salvador’s president Nayib […] The post Conor McGregor doubles down on an Irish strategic Bitcoin reserve, tags Nayib Bukele ‘let’s chat’ appeared first on CryptoSlate.
  • Making web3 feel human: How smart EOAs are redefining the wallet experience
    CryptoSlate - 15:00 May 31, 2025
    The following is a guest post and analysis from Nanfeng Jie, Lead Product Manager at Trust Wallet. Over the past few years, we’ve seen a clear shift in how people interact with digital assets. More users are choosing self-custody as a deliberate move toward greater control and accountability. This trend is reflected in the rapid […] The post Making web3 feel human: How smart EOAs are redefining the wallet experience appeared first on CryptoSlate.
  • AI can’t scale without trust. Trust starts with the data layer
    CryptoSlate - 10:08 May 31, 2025
    The following article is a guest post and opinion of Johanna Rose Cabildo, Founder and CEO of Data Guardians Network (D-GN). The Illusion of Infinite Data AI runs on data. But that data is increasingly unreliable, unethical and tied with legal ramifications. Generative AI’s growth isn’t just accelerating. It’s devouring everything in its path. OpenAI […] The post AI can’t scale without trust. Trust starts with the data layer appeared first on CryptoSlate.
    Tags: Trust
  • Sui community approves release of $162M in tokens frozen during Cetus hack
    CryptoSlate - 23:15 May 30, 2025
    Validators representing nearly 91% of Sui stake approved an on-chain proposal to release about $162 million seized during last week’s Cetus exploit, allowing the DEX to reimburse users and restore full operations. Cetus said in a social media post that the 48-hour referendum closed on May 29 when more than two-thirds of the network endorsed […] The post Sui community approves release of $162M in tokens frozen during Cetus hack appeared first on CryptoSlate.
    Tags: Cetus
  • Coinbase says FTX repayments could become a $5B market injection
    CryptoSlate - 22:30 May 30, 2025
    Coinbase analysts believe that the $5 billion repayment round initiated by the FTX Recovery Trust could function as a significant injection of liquidity into digital asset markets, potentially influencing trading behavior and asset flows as funds reach affected creditors this week. The FTX Recovery Trust began distributing more than $5 billion in stablecoins on May […] The post Coinbase says FTX repayments could become a $5B market injection appeared first on CryptoSlate.
    Tags: Coinbase
  • Meta shareholders reject Bitcoin treasury bid in landslide vote
    CryptoSlate - 21:45 May 30, 2025
    Meta Platforms shareholders rejected a measure that urged the company to add Bitcoin (BTC) to its $72 billion cash pile, voting 4.98 billion shares against and 3.92 million for at the May 30 annual meeting, as reports surfaced. Abstentions totaled 8.86 million shares, while brokers withheld votes on 204.77 million shares. With fewer than 0.1% […] The post Meta shareholders reject Bitcoin treasury bid in landslide vote appeared first on CryptoSlate.
  • REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance
    CryptoSlate - 21:10 May 30, 2025
    REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stake Ethereum (ETH) and Solana (SOL), according to a May 30 filing. Bloomberg ETF analyst James Seyffart highlighted in a social media post that the ETFs introduce a C-corporation structure rarely used in the ETF industry to sidestep […] The post REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance appeared first on CryptoSlate.
  • Ethereum’s Pectra update meets expectations, edges closer to Fusaka
    CryptoSlate - 20:30 May 30, 2025
    Ethereum Pectra hard fork’s blob capacity enhancement is operating within the thresholds analysts forecast, ethPandaOps said in a May 30 report.  The update, which was initiated via the Ethereum Improvement Proposal 7691 (EIP-7691) on May 7, doubled the default blob count from three to six and lifted the ceiling from six to nine. Blobs are […] The post Ethereum’s Pectra update meets expectations, edges closer to Fusaka appeared first on CryptoSlate.
  • US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree
    CryptoSlate - 20:00 May 30, 2025
    The US Treasury Department imposed sanctions on Funnull Technology Inc., a Philippines-based tech firm accused of facilitating hundreds of thousands of online crypto investment scams known as “pig butchering,” which defrauded American victims of over $200 million. The Office of Foreign Assets Control (OFAC) also designated Liu Lizhi, a Chinese national and administrator of Funnull, […] The post US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree appeared first on CryptoSlate.
  • Brazilian Méliuz announces $26M share sale to grow Bitcoin treasury, shares drop 7%
    CryptoSlate - 19:30 May 30, 2025
    Brazilian company Méliuz shares traded 7% lower at R$8.20 on May 30 amid the company’s announcement of a primary share sale that could raise roughly $26 million to expand its Bitcoin (BTC) treasury. The cashback and financial services firm filed to issue 17,006,803 new ordinary shares through Brazil’s fast-track “automatic” registration channel for professional investors.  […] The post Brazilian Méliuz announces $26M share sale to grow Bitcoin treasury, shares drop 7% appeared first on CryptoSlate.
  • Czech Justice Minister resigns after selling $45M Bitcoin gift from convict
    CryptoSlate - 18:45 May 30, 2025
    Czech Justice Minister Pavel Blažek resigned on May 30 after his ministry sold roughly $45 million in Bitcoin (BTC) that a man convicted of drug trafficking had donated. According to local media reports, a state wallet received more than 480 BTC. Officials immediately liquidated the amount for almost one billion Czech koruna, worth over $45 […] The post Czech Justice Minister resigns after selling $45M Bitcoin gift from convict appeared first on CryptoSlate.
  • Coinbase adds 24/7 trading for XRP and Solana futures amid derivatives expansion
    CryptoSlate - 18:00 May 30, 2025
    Coinbase Institutional is expanding its derivatives offering with the launch of 24/7 trading for XRP and Solana futures, starting June 13. According to a May 29 statement, the move aims to provide real-time access for US institutional investors, aligning with the non-stop nature of global crypto markets. Derivatives push The new offering allows investors to […] The post Coinbase adds 24/7 trading for XRP and Solana futures amid derivatives expansion appeared first on CryptoSlate.
  • Trump Media aims for top Bitcoin holder status after closing $2.44 billion investment
    CryptoSlate - 17:16 May 30, 2025
    Trump Media & Technology Group confirmed the close of a $2.44 billion private placement on May 29 to fund a sweeping Bitcoin (BTC) treasury strategy. The deal, involving approximately 50 institutional investors, includes the sale of 55.9 million shares of common stock at $25.72 per share and $1 billion in 0% convertible senior secured notes […] The post Trump Media aims for top Bitcoin holder status after closing $2.44 billion investment appeared first on CryptoSlate.
  • Banco Santander eyeing crypto expansion with fiat-backed stablecoin
    CryptoSlate - 00:00 May 30, 2025
    Banco Santander is exploring the development of a fiat-backed stablecoin and expanding its crypto offerings to retail clients, marking a potential new chapter in the bank’s digital asset strategy. According to a May 29 Bloomberg News report, the initiative, still in its early stages, may include both US dollar and euro-pegged tokens. Santander joins a […] The post Banco Santander eyeing crypto expansion with fiat-backed stablecoin appeared first on CryptoSlate.
  • Bitcoin low volatility fuels BlackRock’s IBIT 31-day inflow run and $72B asset surge
    CryptoSlate - 23:15 May 29, 2025
    BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent capital for over a month, signaling sustained institutional interest in the top crypto. According to data from SoSoValue, IBIT has recorded 31 consecutive trading days without net outflows since April 14. The only exception was May 13, when flows remained flat. Despite that pause, the ETF has […] The post Bitcoin low volatility fuels BlackRock’s IBIT 31-day inflow run and $72B asset surge appeared first on CryptoSlate.
  • Champions League finalist PSG confirms Bitcoin treasury, looks for Web3 builders
    CryptoSlate - 22:30 May 29, 2025
    Paris Saint-Germain announced on May 29 that the club holds Bitcoin (BTC) on its balance sheet and plans to expand PSG Labs to support companies building on the network. During the 2025 Bitcoin Conference in Las Vegas, a spokesperson revealed that the club shifted part of its cash reserve into Bitcoin in 2024 and still holds […] The post Champions League finalist PSG confirms Bitcoin treasury, looks for Web3 builders appeared first on CryptoSlate.
  • SEC files dismissal on Binance lawsuit files after two-year securities showdown
    CryptoSlate - 21:51 May 29, 2025
    The US Securities and Exchange Commission (SEC) asked a federal judge on May 29 to dismiss its civil complaint against Binance and its founder, Changpeng ‘CZ’ Zhao, according to a four-page filing in the District Court docket. Judge Amy Berman Jackson placed the case on a 60-day pause in February after both sides told the […] The post SEC files dismissal on Binance lawsuit files after two-year securities showdown appeared first on CryptoSlate.
    Tags: Binance
  • Bitcoin hit its new ATH without fresh supply, forcing buyers to chase dormant coins
    CryptoSlate - 21:30 May 29, 2025
    Bitcoin didn’t reach its new ATH with widespread coin movement or a surge in recycled supply. The rally came as large portions of Bitcoin’s UTXO set continued to age, locking up liquidity instead of distributing it. Between Feb. 28 and May 28, the share of the UTXO set classified as long-term (outputs older than 6 […] The post Bitcoin hit its new ATH without fresh supply, forcing buyers to chase dormant coins appeared first on CryptoSlate.
    Tags: Bitcoin
  • Webus International reveals $300M XRP treasury bid to power borderless payments
    CryptoSlate - 21:00 May 29, 2025
    Webus International revealed a plan on May 29 to raise up to $300 million through non-equity financing and deploy the capital into an XRP reserve that will support the company’s global chauffeur services payments network. The Chinese AI-powered mobility firm stated that it may utilize existing cash, commercial bank loans, shareholder guarantees, and institutional credit […] The post Webus International reveals $300M XRP treasury bid to power borderless payments appeared first on CryptoSlate.

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