May, 2025

May, 2025

US Senate could vote on revised stablecoin bill by Memorial Day, senators predict
Sen. Cynthia Lummis said it's a 'fair target' to have the senate vote on the stablecoin bill, dubbed GENIUS Act, by Memorial Day....

Smart wallet adoption surges with over 11,000 EIP-7702 authorizations on Ethereum within a week of Pectra upgrade
Over 11,000 EIP-7702 authorizations occurred within a week of Pectra's launch, indicating healthy uptake by wallets and dapps....

World’s largest illicit online marketplace Haowang shuts down after Telegram intervention
Blockchain analytics firm Elliptic said Haowang processed over $27 billion in USDT transactions that facilitated illegal cyber activities....

Mubadala Invests $408.5 Million in Bitcoin Via BlackRock's $IBIT ETF
The Abu Dhabi sovereign wealth fund, Mubadala, has disclosed a significant investment in Bitcoin through BlackRock's spot Bitcoin ETF, holding 8,726,972 shares valued at approximately $408...

Metamask CEO Confirms Native Solana $SOL Support Launching in May 2025, Expanding Beyond EVM Chains with dApp Interaction
Metamask, a leading cryptocurrency wallet provider, will introduce native support for Solana's $SOL token in May 2025, according to confirmations from the company's CEO and co-founder...

Arthur Hayes Predicts Bitcoin to $1 Million by 2028, Citing Trump's Policies and Declining US Treasury Confidence
Arthur Hayes, co-founder of BitMEX, predicts that Bitcoin will reach $1 million by 2028, driven by changes in foreign asset ownership and a decline in confidence in US Treasury bonds...

Saudi Arabia Central Bank Acquires 25,656 Shares of MicroStrategy, Gaining Bitcoin Exposure
The Saudi Arabia Central Bank has disclosed in a recent SEC 13F filing that it holds 25,656 shares of MicroStrategy Inc...

State of Wisconsin Investment Board Exits Bitcoin ETF Position Entered Last May, SEC Filing Shows
The State of Wisconsin Investment Board has fully exited its position in a Bitcoin exchange-traded fund (ETF), according to a recent Securities and Exchange Commission (SEC) filing...

FTX Recovery Trust to Distribute More Than $5 Billion to Creditors on May 30
FTX Recovery Trust, the entity overseeing the bankruptcy estate of the collapsed crypto exchange FTX Trading Ltd...

Crypto Market Dips as Fed Remarks Spark Volatility
Bitcoin consolidates above $103,000 while Ethereum, Solana, and XRP retreat....

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