The Business & Technology Network
Helping Business Interpret and Use Technology
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Feed Items

Spot Bitcoin ETFs recorded a sharp flow reversal between May 13 and May 14. On May 13, the ETFs posted a net outflow of $91.4 million, the largest daily withdrawal since April 30. The losses were entirely driven by Fidelity’s FBTC, which recorded $91.4 million in redemptions with no offsetting inflows across other issuers. However, the trend shifted on May 14 as spot Bitcoin ETFs brought in $319....
Geneva, Switzerland, May 15, 2025  – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has adopted Chainlink Data Feeds as the official data oracle solution for the TRON ecosystem. This upgrade follows TRON DAO joining the Chainlink Scale program in October 2024. The integration...
Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million in the same period a year earlier, due to reduced gains on derivatives and warrant revaluations.  Bitfarms said in its latest Management’s Discussion and Analysis of the first quarter performance that the lower financial income contributed to a wider net loss of $35.9 million,...
The Ethereum Foundation (EF) has unveiled the Trillion-Dollar Security (1TS) initiative, a long-term plan to raise Ethereum’s security standards in line with its growing importance in global finance. The Foundation said it aims to position Ethereum as a network capable of securely holding trillions of dollars in assets for individuals and institutions. According to the Foundation, Ethereum’s...
Bitwise Chief Investment Officer Matt Hougan said on May 14 that a “big unlock” is occurring across the financial advisory space regarding crypto investments. After attending a major advisory firm’s conference, Hougan shared his expectations that most major firms will enable crypto exchange-traded product (ETP) access by the end of 2025.  He added that interest in crypto exposure is intensifying...
Spanish law enforcement has dismantled a sprawling underground financial network that allegedly laundered more than €20 million through crypto transactions for organized crime groups based in China and the Arab world, local media reported on May 14. The criminal ring, which police described as one of the largest clandestine crypto-banking operations uncovered in Europe, operated a shadow...
Futures have become the leading price discovery vehicles in the crypto markets, and Solana’s YTD tape clearly supports this. After spending most of 2024 unloading risk, taker flows on Solana’s perpetual futures flipped directions in the second half of January. On Jan. 18, the 90‑day cumulative volume delta (CVD) reached a low of −261.75. Since then, buyers have added 445.5 to the CVD, pushing the...
JPMorgan has completed a groundbreaking pilot transaction that bridges traditional finance and blockchain in collaboration with Ondo Finance and Chainlink. According to a May 14 statement, the banking giant’s blockchain unit, Kinexys, successfully executed a cross-chain atomic settlement using Ondo Finance’s tokenized short-term US Treasury product, OUSG. This marks the first time Kinexys has...
Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger will depart the agency on May 30 to become the Blockchain Association’s new CEO, effective June 2, according to a May 14 announcement. The announcement states that Mersinger’s appointment comes at a critical legislative moment for digital assets in Washington, where the Blockchain Association is pushing for congressional...
The Pi Foundation has launched Pi Network Ventures, a $100 million fund to support startups integrating the Pi token into practical, real-world use cases. The initiative, announced on May 14, aims to boost adoption and drive long-term growth within the Pi ecosystem by targeting businesses beyond the traditional Web3 space. The Foundation stated that the venture would make “the majority of its...