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A crypto whale, James Wynn, has taken a bold stance on Bitcoin by opening a $830 million long position on Hyperliquid, the decentralized derivatives exchange.
On May 21, on-chain analyst EmberCN revealed that Wynn initiated a 40x leveraged long position totaling 7,764 BTC (valued at approximately $830 million) at an entry price of $105,033. His liquidation level is reportedly set just below $100,...
The U.S. Securities and Exchange Commission (SEC) accused cryptocurrency startup Unicoin and its top executives of orchestrating a massive fraud scheme.
The SEC alleges that they raised more than $100 million from thousands of investors using false promises about asset-backed tokens and inflated fundraising numbers.
A crypto dream built on illusions?
The SEC’s 77-page complaint, filed May 20 in...
If you hold significant Bitcoin—or aspire to—traditional banks can feel outdated and crypto exchanges too risky. Xapo Bank delivers a third way: a fully licensed private bank and Virtual Asset Service Provider (VASP) regulated by the Gibraltar Financial Services Commission, purpose-built for the Bitcoin era.
Inside a single app, you can safeguard BTC, earn daily interest, spend worldwide with a...
Texas is advancing plans to create a government-backed Bitcoin reserve after lawmakers approved Senate Bill 21 (SB 21) in its second House reading on May 20.
According to voting records on the Texas Senate website, the proposal passed with a commanding 105 to 23 vote, reflecting rare bipartisan support. It now heads to a third reading, where a final vote could send the bill to the Governor for...
DISCLAIMER: The below article is part of CryptoSlate’s initiative to align Bitcoin and crypto events with the front page of the Internet. Stories contain satirical elements and may contain fictitious names, events, tokens, or quotes for entertainment purposes. Any memecoin names related to this article are purely coincidental and have no affiliation with CryptoSlate or associated entities.
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Ethereum (ETH) co-founder Jeffrey Wilcke transferred approximately $262 million worth of ETH to a wallet labeled as a Kraken deposit address on May 20, according to on-chain data.
The transfer of 105,736 ETH emptied nearly all of Wilcke’s holdings, leaving just 268.73 ETH in his wallet. Subsequent withdrawals from the exchange suggest that this could be Wilcke dividing his holdings into...
Robinhood has submitted a detailed proposal to the US Securities and Exchange Commission (SEC), calling for the creation of a federal framework to regulate tokenized real-world assets (RWAs), which represent a potential $30 trillion market, Forbes reported on May 20.
The 42-page filing outlines a legal infrastructure that would allow digital tokens representing traditional financial instruments,...
Bitcoin’s (BTC) break above the $107,000 threshold shows that the recent rally is driven by robust buying amid a consolidation just below its all-time high, Glassnode said in a May 20 report.
Despite trading around 40% higher than six weeks ago and setting a new record with the latest weekly close at $106,500, Bitcoin was stuck between $102,000 and $105,000 for the past two weeks.
The report...
America’s efforts to become a global hub for Bitcoin (BTC) and the wider digital asset ecosystem could serve as a foundation for a new phase of domestic economic growth, according to a report published May 20 by River.
The “America Report 2025” asserted that the US is in a unique position to benefit from Bitcoin’s institutionalization across financial, energy, and technological sectors.
The...