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Brazilian company Méliuz shares traded 7% lower at R$8.20 on May 30 amid the company’s announcement of a primary share sale that could raise roughly $26 million to expand its Bitcoin (BTC) treasury. The cashback and financial services firm filed to issue 17,006,803 new ordinary shares through Brazil’s fast-track “automatic” registration channel for professional investors.  In addition to the $26...
Czech Justice Minister Pavel Blažek resigned on May 30 after his ministry sold roughly $45 million in Bitcoin (BTC) that a man convicted of drug trafficking had donated. According to local media reports, a state wallet received more than 480 BTC. Officials immediately liquidated the amount for almost one billion Czech koruna, worth over $45 million, earmarking the proceeds for victim-compensation...
Coinbase Institutional is expanding its derivatives offering with the launch of 24/7 trading for XRP and Solana futures, starting June 13. According to a May 29 statement, the move aims to provide real-time access for US institutional investors, aligning with the non-stop nature of global crypto markets. Derivatives push The new offering allows investors to trade XRP and Solana futures alongside...
A crypto trader has quietly earned over $17 million by consistently betting against one of Hyperliquid’s most-watched figures, James Wynn, whose high-risk strategy backfired with nearly $100 million losses. On May 30, blockchain analysis platform Lookonchain reported that a trader using the wallet address 0x2258 has been tracking Wynn’s activity and executing reverse trades. This means the...
Netflix has green-lit an eight-episode limited series titled The Altruists, a dramatization of the eight-billion-dollar collapse of crypto exchange FTX and the downfall of its co-founder, Sam Bankman-Fried. The show, produced under Barack and Michelle Obama’s Higher Ground banner, will star Julia Garner (3x Emmy winner) as former Alameda Research chief executive Caroline Ellison and Anthony Boyle...
A Chainlink price feed’s alleged malfunction led to more than $500,000 in liquidations on May 29, sparking fresh debate over the reliability of oracles in DeFi. According to reports, Chainlink’s price oracle for the deUSD stablecoin inaccurately reported its value at $1.03. The incorrect data triggered liquidations for users holding deUSD-denominated debt on Avalanche’s Euler Finance lending...
Donald Trump said on Truth Social that China has “totally violated” its trade deal, ending what he called a phase of “stabilization” for Beijing. The post, published at 8:09 A.M. ET Friday, warned that the United States is “no longer Mr. Nice Guy”. Minutes later, equity futures turned lower. At 8:13 A.M. ET, the Dow Jones Industrial Average contract fell 0.6 % to 41,961, the S...
Bitcoin-native lending platform Liquidium has unveiled a new cross-chain product that enables users to lend and borrow assets across Bitcoin, Ethereum, and Solana networks, according to a statement shared with CryptoSlate. The new solution is called Liquidium Cross-Chain Loans and was announced at the Bitcoin 2025 conference. Liquidium’s Cross-Chain Loans According to the company, the product...
The US Securities and Exchange Commission (SEC) has issued new guidance clarifying that common forms of crypto staking do not fall under securities laws. On May 29, the SEC’s Division of Corporation Finance confirmed that those participating in staking activities, including self-staking, delegated staking, custodial, and non-custodial forms, are not required to register these actions with the...