BlackRock Inc. is considering acquiring roughly 10% of the shares offered in Circle’s upcoming initial public offering (IPO), Bloomberg reported Wednesday, citing people familiar with the matter. The IPO filing, made public on Tuesday, lays out plans to offer 24 million Class A shares — 9.6 million from Circle and 14.4 million from existing stakeholders. … Read more
Ngo Thi Theu, a 30-year old Vietnamese woman allegedly involved in a cryptocurrency scam that deceived 2,600 victims and resulted in losses totalling $300 million, has been arrested in Thailand, Asia News Network reported on Tuesday. Law enforcement agencies had put out an Interpol red notice to track the Vietnamese woman down. She was arrested … Read more
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: The Solana Network Is Now Live on MetaMask Privacy Crypto Dero Targeted With New Self-Spreading Malware FIFA Teams Up With Avalanche to Build Its Own … Read more
The crypto industry is on the precipice of mainstream adoption. But, like many exciting innovations from previous eras, this technology brings new risks. And these new risks must be mitigated before crypto can achieve its full potential. During the Industrial Revolution, steam power drove immense progress but carried deadly risks. Steam boilers exploded with alarming … Read more
DePIN: decentralized physical infrastructure networks While DePIN projects, in theory, attempt to provide real utility to crypto, there are few that truly solve real-life problems, have a sensible business model capable of disrupting existing companies and cannot be easily spoofed. Most are simply solutions in search of a problem. One notable exception is a flight-tracking … Read more
The U.S. Department of Labor is reversing its earlier caution about including crypto investments in people’s retirement savings, arguing that issuing warnings about the hazards of digital assets failed to maintain appropriate neutrality about what the agency tells investment officials. The new compliance directive issued on Wednesday clarified that the department has no business singling … Read more
Bitcoin MagazineGameStop CEO Ryan Cohen Announced Acquisition of Over $505 Million Bitcoin At the 2025 Bitcoin Conference in Las Vegas, in an interview with the CEO of Nakamoto David Bailey, the CEO of GameStop Ryan Cohen announced why the company bought over $505 million in Bitcoin. JUST IN: GameStop $GME CEO explains why the company … Read more
Blockchain venture studio Thesis, which is backed by Pantera Capital and Hack VC, has debuted its Bitcoin layer-2 network Mezo’s mainnet. Mezo is built to be Bitcoin finance platform that enables its users to unlock practical utility in BTC and thus become their own bank, according to an emailed announcement shared with CoinDesk. The project … Read more
Wednesday morning U.S. hours saw a modest acceleration in crypto’s pullback from the recent big move higher, with bitcoin BTC stumbling nearly 2% to just above the $107,000 level. Altcoins fared worse, with XRP XRP, solana SOL and dogecoin DOGE among those sporting declines in the 3%-5% range. Among crypto-related stocks, the bitcoin miners were … Read more
Bitcoin MagazineHuman Rights Foundation Donates 800 Million Satoshis To 22 Worldwide Bitcoin And Freedom Projects Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, according to a press release sent to Bitcoin Magazine. 800 million satoshis (8 BTC) currently worth over $874,000 at the time of writing, is … Read more
