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Brazil’s Méliuz Allocates $28M to Bitcoin Treasury as Shares Climb 116%
On May 15, Brazilian fintech Méliuz (CASH3.SA) acquired 274.52 Bitcoin at an average price of $103,604, costing the firm $28.4 million. The May 15 purchase, approved during an extraordinary shareholders’ meeting, formally established Méliuz as the first publicly listed company...
European Police Arrest 17 in €21M ‘Mafia Crypto Bank’ Tied to China and Middle East
Europol and Spanish police took down a massive "mafia crypto bank" on May 14. The criminal network laundered over €21 million ($23.5 million) in cryptocurrency. Chinese and Middle Eastern crime groups used their services. Seizure of €421,000 from 77 Bank...
Xpeng Motors Partners with Plugsurfing for EV Charging in Europe
Chinese electric vehicle (EV) company Xpeng Motors has partnered with Plugsurfing for charging infrastructure in Europe. The company has been looking to expand its sales in the continent, which has among the highest EV penetration rates globally, and the partnership...
$3B in Dubai Real Estate Goes On-Chain as $MBG Token Set to Launch
MultiBank Group is taking a bold step into the future of digital finance with the tokenization of $3 billion worth of premium UAE real estate. Partnering with MAG, a top-tier developer, and Mavryk, a blockchain infrastructure firm, MultiBank is turning...
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He who controls the money supply of a nation controls the nation.
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The moment that government appears at market, the principles of the market will be subverted.
