Feed Items
Meta Platforms shareholders rejected a measure that urged the company to add Bitcoin (BTC) to its $72 billion cash pile, voting 4.98 billion shares against and 3.92 million for at the May 30 annual meeting, as reports surfaced.
Abstentions totaled 8.86 million shares, while brokers withheld votes on 204.77 million shares. With fewer than 0.1% of votes cast in favor, the initiative fell well short...
REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stake Ethereum (ETH) and Solana (SOL), according to a May 30 filing.
Bloomberg ETF analyst James Seyffart highlighted in a social media post that the ETFs introduce a C-corporation structure rarely used in the ETF industry to sidestep the customary 19b-4 review.
REX did not disclose...
Ethereum Pectra hard fork’s blob capacity enhancement is operating within the thresholds analysts forecast, ethPandaOps said in a May 30 report.
The update, which was initiated via the Ethereum Improvement Proposal 7691 (EIP-7691) on May 7, doubled the default blob count from three to six and lifted the ceiling from six to nine. Blobs are data pieces included in Ethereum blocks.
The report...
The US Treasury Department imposed sanctions on Funnull Technology Inc., a Philippines-based tech firm accused of facilitating hundreds of thousands of online crypto investment scams known as “pig butchering,” which defrauded American victims of over $200 million.
The Office of Foreign Assets Control (OFAC) also designated Liu Lizhi, a Chinese national and administrator of Funnull, for his role...
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...
Trump Media...
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...