Bitcoin
Binance co-founder Changpeng "CZ" Zhao has recommended Bitcoin and BNB as the foundation for Kyrgyzstan's planned National Crypto Reserve. On May 5, Zhao shared this advice on social media following his appointment to the country's National Crypto Committee by President Sadyr Japarov . The proposal
Bitcoin
Florida has officially withdrawn two bills aimed at establishing a state-level strategic Bitcoin reserve, dealing a blow to cryptocurrency advocates in the state. According to CoinDesk, Florida's House Bill 487 and Senate Bill 550 have been "indefinitely postponed and withdrawn from consideration" on May 3. The
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The Global Bitcoin Policy Index (GBPI) provides the first comprehensive assessment of national regulatory frameworks for Bitcoin across 35 countries worldwide. Our analysis reveals a stark policy divide: high-performing nations like Switzerland, Singapore, and El Salvador have developed balanced frameworks that address risks while enabling innovation, while restrictive or unclear
Bitcoin
OKX founder and CEO Star Xu publicly defended the cryptocurrency exchange against accusations from Tron founder Justin Sun regarding the handling of a law enforcement request. According to Cointelegraph, Sun claimed OKX failed to respond to a "freeze notice" sent to its official email from a "relevant
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Governor Katie Hobbs of Arizona has vetoed a bill that would have allowed the state to invest in Bitcoin using seized funds, effectively ending the state's bid to become the first in the nation to adopt cryptocurrency in its official reserves. The legislation, Senate Bill 1025, proposed creating
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CANNES EMBRACES CRYPTOCURRENCY PAYMENTS Merchants in Cannes, France, home of the renowned Cannes Film Festival, will begin accepting cryptocurrency payments by summer 2025, with municipal officials targeting a 90% adoption rate among local businesses. According to Cointelegraph, the initiative aims to attract high-net-worth visitors by modernizing the city's
Bitcoin
Ethereum co-founder Vitalik Buterin announced a plan to simplify Ethereum's base protocol, drawing inspiration from Bitcoin's minimalist design approach. In a blog post titled "Simplifying the L1" published on May 3, 2025, Buterin outlined his vision to restructure Ethereum's architecture across consensus,
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According to BeInCrypto, a cryptocurrency investigator ZachXBT announced the freezing of approximately $7 million in Bitcoin stolen during a recent $330 million theft. The recovery effort involved collaboration with several partners including Cryptoforensic Investigators, security expert tanuki42_, and Binance's security team. This case represents one of the largest
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US SEC-registered investment advisory firm Two Prime has ended support for Ether and adopted a Bitcoin-only strategy. The announcement came on May 1, after the firm provided $1.5 billion in loans across both Bitcoin and Ether over the past 15 months. Two Prime cited ETH's 45% value
Bitcoin
Bitcoin miner Riot Platforms reported record quarterly revenue of $161.4 million in Q1 2025, exceeding Wall Street estimates of $159.79 million by 1%. Despite this milestone, the company posted a net loss of $296,367, a stark contrast to the $211,777 net income reported in the same
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The Arizona House of Representatives has approved two bills that would allow the state to establish a cryptocurrency reserve. On April 28, lawmakers passed Senate Bill 1025 (SB1025) with 31 votes in favor and 25 against. This bill aims to amend Arizona statutes to create a strategic Bitcoin reserve. A
Bitcoin
Billionaire investor Ray Dalio has warned that the world is "on the brink" of a breakdown in the global monetary order. The former CEO of hedge fund Bridgewater Associates shared these concerns in an April 28 post on social media platform X. According to Dalio, the Trump administration&
Bitcoin
Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East through a new partnership with the Abu Dhabi Global Market (ADGM). The collaboration was announced on April 28 and aims to promote institutional Bitcoin adoption in the Middle East and Asia
Bitcoin
Coinbase plans to launch its Bitcoin Yield Fund on May 1, targeting institutional investors outside the US seeking passive income from their Bitcoin holdings. The world's third-largest cryptocurrency exchange by volume announced the fund will aim for annual net returns between 4% and 8%. According to the April
Bitcoin
Michael Saylor, co-founder of Strategy, hinted at another Bitcoin investment on April 27, just one week after the firm purchased $555 million worth of Bitcoin at an average price of $84,785 per coin. His social media post "Stay Humble. Stack Sats" fueled speculation about the size of
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El Salvador has acquired 7 Bitcoin worth over $650,000 in the week leading up to April 27, according to blockchain data from the country's Bitcoin Office. This acquisition comes despite an agreement with the International Monetary Fund (IMF) that appeared to restrict such purchases. During an April