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

Changpeng Zhao, founder and former CEO of Binance, has urged companies adopting Bitcoin as a treasury asset to fully understand the risks involved with the top crypto. In a June 3 post on X, Zhao acknowledged that risk is an unavoidable part of doing business, but emphasized the importance of assessing and managing it properly. According to him: “Every company takes risks. Risks are not binary...
US-listed spot Bitcoin exchange-traded funds (ETFs) have entered a third consecutive day of outflows, shedding more than $1 billion. This trend reflects a shift in institutional sentiment as Bitcoin’s price continues to hover around the $105,000 mark without a clear breakout. US Bitcoin ETFs outflow Data from SoSoValue shows that the 12 US-listed spot Bitcoin ETFs experienced $268 million in net...
The XRP Ledger (XRPL) recorded a drop in transaction volume in May 2025, even as institutional adoption of the blockchain network continues to rise. According to data from XPMarket, XRPL processed over 50.1 million transactions last month, down from 54.8 million in April. Despite the decline, active wallets rose to 278,362, up from 252,000 in the previous month. XRP Ledger (XRPL) Network Activity...
Dubai is cementing its role as a leading crypto-friendly hub through strategic collaborations with major blockchain firms. On June 3, financial authorities in the region announced different initiatives with Solana and Ripple to build on earlier efforts to integrate digital assets into its economy. These moves further position Dubai as a global center for blockchain innovation and align with the...
Strategy (formerly MicroStrategy) expects to book $15.8 billion this quarter when it marks its Bitcoin treasury to market under Accounting Standards Update 2023-08. Per KPMG, the rule forces companies to carry crypto at fair value and run the change through net income, creating a one-off retained earnings lift for early adopters. Using Strategy’s 553,555 BTC holdings as of April 28, 2025, the...
After a 12-month wait, the all-cash deal’s completion adds 50-plus licences, four million customers, and an institutional revenue line to Robinhood’s arsenal. Robinhood has closed its year-long, $200 million takeover of Bitstamp, one of the world’s oldest crypto exchanges, catapulting the California fintech from a largely U.S. player into a regulator-blessed global heavyweight overnight. “...
Secret knowledge, sudden split: the crypto exchange faces mounting legal and regulatory heat for a four-month silence over a breach affecting at least 69,000 customers. Coinbase was alerted as early as January 2025 that hackers had siphoned tens of thousands of customer records from one of its overseas support vendors, but the exchange waited until 14 May to notify regulators and users, according...
Bitcoin (BTC) dropped nearly 8% from its May 22 all-time high, near $112,000, ending a 50% climb over 45 days that began on April 7, when BTC reached its yearly low at $74,441.20. According to the June 2 “Bitfinex Alpha” report, a Court of Appeal decision reinstating disputed US import tariffs pushed 30-year Treasury yields above 5% for the first time since 2009 and triggered broad risk-off moves...
The Ethereum Foundation (EF) merged its protocol research and development units under a single banner, called Protocol, on June 2. The new initiative focuses resources on three technical priorities: scaling the base layer, expanding blob capacity for layer-2 networks, and enhancing the user experience. The three-track plan Protocol will steer code writers, researchers, and project coordinators...
Geneva, Switzerland, June 2, 2025 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), participated in Bitcoin 2025, which took place May 27-29 in Las Vegas. TRON DAO kicked off the week as a top tier sponsor for Code + Country’s America 250 VIP Reception on May 27 at AYU...