BlackRock’s IBIT becomes second-largest Bitcoin holder behind Satoshi Nakamoto
BlackRock’s iShares Bitcoin Trust (IBIT) has become the second-largest holder of Bitcoin as of May 20, surpassed only by the infamous wallet of Satoshi Nakamoto, the pseudonymous creator of the…
Milei shuts down LIBRA task force probing ties to his administration
Argentinian president Javier Milei has ordered the closure of the Task Force for Investigation (UTI) established earlier this year to examine his relationship with the LIBRA token, according to a…
Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves
Strive Asset Management Firm has partnered with 117 Castell Advisory Group to acquire distressed Bitcoin claims, including those linked to the long-defunct Mt. Gox exchange. According to a May 20…
Binance moves to quash FTX’s $1.8 billion lawsuit, dismisses allegations as speculative
Binance has asked a US court to dismiss FTX’s $1.76 billion lawsuit, arguing that the case lacks jurisdiction and relies on unsupported allegations. The motion follows FTX’s attempt to claw…
Eighty percent of Americans favor converting US gold reserves to Bitcoin, poll reveals
A growing number of Americans believe the US government should convert part of its gold reserves into Bitcoin. According to a recent poll by The Nakamoto Project, four out of…
Ripple CEO Brad Garlinghouse left puzzled after snub by pro-crypto Senator Cynthia Lummis
Ripple CEO Brad Garlinghouse has expressed frustration after a meeting with pro-crypto US Senator Cynthia Lummis, who chairs the Senate’s Digital Assets Subcommittee, was canceled. In a May 19 post…
India’s Supreme Court calls for clear crypto guidelines not outright ban
India’s Supreme Court has directed regulatory bodies to develop clear guidelines for governing crypto activities in the country, according to a May 20 report from local outlet Bar and Bench.…
SEC’s new interim watchdog Katherine Reilly to target crypto fraud as top priority
Katherine Reilly assumed the role of Acting Inspector General at the U.S. Securities and Exchange Commission (SEC) on May 20, succeeding Deborah Jeffrey, who retired after over two years in…
Bitcoin ETFs post strongest inflow since May 2 as investor demand returns
Spot Bitcoin ETFs saw $667.4 million in inflows on May 19, the second-largest single-day inflow this month, marking a four-day streak of net positive flows. The surge was led by…
Tron founder Justin Sun tops TRUMP memecoin holders, earns gala dinner invite this week
Tron founder Justin Sun has confirmed he will attend a May 22 gala dinner organized for top TRUMP memecoin holders and hosted by US President Donald Trump. In a May…