-
Bitcoin’s Long-Term Security at Risk as Low Transaction Fees Fail to Replace Diminishing Block Subsidy
Bitcoin’s security model has once again become a major topic of discussion among industry experts, as transaction fees remain too low to adequately replace the diminishing block subsidy. https://twitter.com/mindfrozentime/status/1928436327038480472 Ethereum Foundation researcher Justin Drake and Bitcoin Core developer James... -
Philippines Tech Company Sanctioned by US for Alleged Role in Crypto Scams
On May 29, the U.S. Treasury sanctioned a Philippine firm, Funnull Technology, and its alleged administrator, Liu Lizhi. U.S. officials stated that the company provides critical computer infrastructure, like servers and hosting services, to hundreds of thousands of websites used... -
NYC Mayor Adams Proposes ‘BitBond’ Security, Calls on NYDFS to End BitLicense
On May 28, New York City Mayor Eric Adams pitched “BitBond” - a Bitcoin-backed city bond at the Bitcoin 2025 Conference, doubling down on demands to shut down New York's expensive “BitLicense. He argued that Wall Street’s home must adopt... -
Stellantis Names Company Veteran Antonio Filosa as Its Next CEO
Auto giant Stellantis has appointed Antonio Filosa as its next CEO. Filosa is a company insider and was heading the company’s Americas business. His appointment comes months after former CEO Carlos Tavares abruptly stepped down in December 2024. However, Filosa... -
ASIC Sues Ex-Blockchain Global Executive Over $20 Million in Missing Customer Funds
On May 28, Australia’s financial regulator (ASIC) sued Liang Guo, a former director of Blockchain Global, for his role in the ACX Exchange collapse. The lawsuit alleges that he mishandled over $20 million in customer funds and failed to maintain... -
France’s Blockchain Group to Acquire 590 Bitcoin Following €63M Bond Sale
The Blockchain Group (TBG), a Paris-based company, has secured €63.3 million ($72 million) through convertible bonds. About 95% of the proceeds, roughly €60 million, will go toward purchasing 590 Bitcoin, pushing its total BTC holdings to 1,437. Most of the... -
Tom Lee Predicts Bitcoin Could Reach $1.5 Million, Positioning It as the Digital Gold of the Future
Bitcoin (BTC) has once again captured investor attention following a bold prediction by Tom Lee, co-founder of Fundstrat Global Advisors, during his recent appearance at the Consensus conference in Canada. Lee stated that BTC could reach a staggering $1 million... -
Trump Crypto Dinner Ethics Storm After Speaker Johnson Denies Knowing Foreign Guests
House Speaker Mike Johnson faced swift backlash Sunday after claiming ignorance about Donald Trump’s high-profile crypto fundraiser. This event included foreign investors and key backers of the controversial $TRUMP meme coin. The Trump Crypto dinner, held at Trump’s Virginia golf... -
BYD Hits Another Milestone as It Sold More BEVs Than Tesla in Europe Last Month
According to a report from JATO Dynamics, in April BYD surpassed Tesla in battery electric vehicle (BEV) registrations in Europe for the first time. It is yet another milestone for the Chinese giant after having dwarfed Tesla’s global deliveries in... -
Big U.S Banks Eye Collaboration on a Joint Stablecoin Initiative
Four major banks are in talks to launch a shared dollar-pegged stablecoin, aiming to dominate money flow as crypto gains traction. According to a May 22 Wall Street Journal report, JPMorgan, Bank of America, Citigroup, and Wells Fargo are teaming...
