Brazilian fintech giant Méliuz has made history by becoming the first publicly traded company in Brazil and Latin America to adopt Bitcoin as a treasury asset. The decision, which marks a major shift in the company’s financial strategy, was approved overwhelmingly by shareholders during an extraordinary general meeting on May 15, 2025. The cashback-focused firm,…
Al Abraaj Group has become the first publicly listed company in the Middle East to adopt Bitcoin as a treasury asset, starting with an initial purchase of 5 BTC. The Bahrain-based conglomerate announced its decision on Thursday, stating that the move is part of a broader long-term strategy to maximize shareholder value. Pioneering Bitcoin Adoption…
Pi Network is making a bold move to expand its ecosystem with the launch of Pi Network Ventures, a $100 million venture fund aimed at fueling startup growth. Announced on May 14, the initiative seeks to drive real-world adoption and utility for Pi Network’s native cryptocurrency by investing in innovative projects across various sectors. Targeting…
FalconX, the California-based crypto prime broker, has announced a strategic partnership with global banking giant Standard Chartered to expand its reach into institutional crypto markets. This collaboration marks FalconX’s first partnership with a major traditional bank and highlights the increasing demand for regulated digital asset infrastructure among large investors. Details of the Partnership: According to…
Pump.fun, the largest memecoin launchpad on Solana (SOL), has unveiled a groundbreaking revenue-sharing model designed to support token creators and reduce token dumping. In an announcement made on May 12, the platform declared that it will now distribute 50% of all trading fees generated by memecoins directly to their creators. How the Revenue-Sharing Model Works…
Uniswap, the pioneering decentralized exchange (DEX), has reached a historic milestone by surpassing $3 trillion in total trading volume. Founder Hayden Adams shared the achievement on May 12 in a post on X, thanking the community for its ongoing support and hinting at even bigger goals in the future. The announcement included an infographic from…
Bitcoin (BTC) has surged past the $105,000 mark following a significant breakthrough in trade negotiations between the United States and China. According to a joint statement released on Monday, the two global superpowers have agreed to dramatically reduce tariffs on each other’s goods for a period of 90 days, signaling a potential de-escalation of economic…
Cryptocurrency custodian BitGo has officially secured a Markets in Crypto-Assets Regulation (MiCA) license from Germany’s Federal Financial Supervisory Authority (BaFin). This milestone enables BitGo to offer regulated crypto services across the European Union, marking a significant expansion of its operational footprint in Europe. The announcement, shared in a blog post on Monday, confirms that the…
The Bank of Korea (BOK) has called for legal authority over the approval of won-based stablecoins, warning that such digital currencies could disrupt the country’s monetary policy if they are treated like legal tender. In a statement reported by BusinessKorea, a senior official from the central bank emphasized that monetary authorities must be involved from…
Strategy, formerly known as MicroStrategy, has announced the purchase of an additional 13,390 Bitcoin for approximately $1.34 billion, as detailed in a May 12 SEC filing. This acquisition brings the company’s total Bitcoin holdings to 568,840 BTC, valued at over $59 billion at current market prices. Executive Chairman Michael Saylor shared the news on X,…