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.
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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...
Sberbank, Russia’s largest lender, has introduced a new structured bond product offering exposure to Bitcoin (BTC), marking a significant step in integrating cryptocurrency-linked instruments into the country’s regulated financial ecosystem.
The product, currently available on the over-the-counter market to a limited pool of qualified investors, allows returns based on the performance of Bitcoin’...
Strategy revealed on June 2 that it will offer 2.5 million shares of its 10% Series A Perpetual Stride Preferred Stock, branded “STRD,” to acquire more Bitcoin (BTC).
The STRD security carries a $100 initial liquidation preference and pays non-cumulative cash dividends at 10% a year when Strategy’s board declares them.
Strategy intends to use net proceeds for general corporate activities,...
Tether and Bitfinex transferred 21,000 Bitcoins (BTC) to designated wallets on June 2, completing their agreed contributions to Twenty One Capital.
Tether CEO Paolo Ardoino wrote that Bitfinex sent 7,000 BTC, while Tether Group moved 14,000 BTC.
Furthermore, Tether moved 4,812.22 BTC as prefunding for Twenty One’s convertible-equity raise.
The holdings matched a May 13 8-K filing that disclosed...
World Liberty Financial’s stablecoin USD1 surpassed $10 billion in transfer volume just 10 days following its listing on Binance, according to data from Artemis.
From May 22 to June 1, the stablecoin traded $10.7 billion in volume, surpassing the total transfers from its inception until May 21. The stablecoin is native to World Liberty Finance, a decentralized application backed by President...