In a pivotal shift for Asia’s fourth-largest economy, South Korea has elected Lee Jae-myung as its new president—marking a potential turning point in both domestic policy and digital finance. Lee’s victory follows the impeachment of former President Yoon Suk-yeol, whose turbulent three-year term was marred by military missteps and growing public dissatisfaction. With a voter
Jesse B.
Jesse is an engineering graduate and former business owner with hands-on experience in the crypto space. After running her own business, she transitioned into researching and writing about blockchain technology, decentralization, and the future of digital economies. Having worked with various crypto projects, she offers valuable insights into the expanding Web3 ecosystem.
Ethereum Foundation Restructures to Enhance Decentralization and Operational Efficiency The Ethereum Foundation has announced a major internal restructuring aimed at improving decentralization and streamlining operations within its core research division. The Protocol Research & Development unit has been renamed simply “Protocol,” with a narrowed focus on three strategic priorities: scaling Ethereum’s base layer, enhancing Layer
Ethereum Foundation Restructures to Enhance Decentralization and Operational Efficiency
Paris-based Blockchain Group has expanded its Bitcoin holdings with a fresh purchase of 624 BTC, valued at approximately $68.7 million, strengthening its reputation as one of Europe’s boldest corporate adopters of cryptocurrency. The June 3 announcement brings the company’s total holdings to 1,471 BTC, now worth over $154 million. Blockchain Group—positioning itself as Europe’s first
European Blockchain Firm Bets $68M on Bitcoin as Institutional Momentum Builds
Australia’s financial watchdog has rolled out strict new rules targeting crypto ATM operations after a sharp rise in scams—particularly those affecting older citizens. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has imposed a AU$5,000 (approximately $3,250 USD) cap on both cash deposits and withdrawals at crypto ATMs. The new rules are part of a
Australia Tightens Crypto ATM Rules, Enforces $5,000 Transactions Limit
Bitcoin treasury giant Strategy—formerly MicroStrategy—has added another 705 BTC to its balance sheet, representing approximately $75.1 million in new purchases. According to a filing with the U.S. Securities and Exchange Commission, the acquisition took place between May 26 and June 1 at an average price of $106,495 per bitcoin. This latest addition brings Strategy’s total
Strategy Buys Another $75M in Bitcoin, Nears 3% of Total Supply
Japanese investment firm Metaplanet has ramped up its Bitcoin acquisition strategy, announcing the purchase of 1,088 BTC worth approximately $117.5 million. With this latest move, the Tokyo-listed company now holds 8,888 BTC—valued at more than $930 million at current market prices. The Bitcoin was acquired at an average price of 15.5 million yen (about $108,000)
Metaplanet Edges Toward 10K BTC Goal With Latest $117M Purchase
The Czech Republic’s Justice Minister, Pavel Blažek, has resigned following a political uproar over his ministry’s decision to accept—and later auction—nearly $45 million worth of Bitcoin donated by a convicted dark web operator. The Bitcoin, totaling nearly 500 BTC, was sold in a high-profile transaction announced on May 28. Proceeds from the sale, amounting to
Czech Minister Resigns After Bitcoin Donation Scandal
As market conditions become increasingly reactive to political developments, traders are shifting away from long-hold strategies and favoring short-term tactics to navigate heightened volatility. According to Arrash Yasavolian, founder and CEO of the AI-driven Web3 trading platform Taoshi, Donald Trump’s renewed push for aggressive U.S. tariffs has triggered a meaningful change in trading behavior. Speaking
Tariff Turmoil Spurs Traders to Adopt Short-Term Strategies
Pakistan’s decision to allocate 2,000 megawatts of electricity to Bitcoin mining and AI data centers has triggered scrutiny from the International Monetary Fund (IMF), raising tensions during ongoing fiscal negotiations. The initiative, intended to attract blockchain and AI firms to enhance the country’s tech infrastructure, was announced without prior consultation with the IMF. The Fund
IMF Flags Pakistan’s Bitcoin Mining Plan Amid Energy Crisis
The U.S. government has urged the Supreme Court to reject a petition from James Harper, a Coinbase user who alleges that the IRS violated his Fourth Amendment rights by accessing his crypto transaction data without a warrant. In a May 30 filing, Solicitor General D. John Sauer contended that Harper’s claim lacks merit, arguing that
U.S. Government Opposes Coinbase User’s Crypto Privacy Appeal
Trump Media & Technology Group (TMTG), the parent company of Truth Social, has completed a $2.44 billion private capital raise, positioning itself to create one of the largest corporate Bitcoin treasuries in the U.S. The funding package includes two parts: $1.44 billion from the sale of nearly 56 million DJT shares at $25.72 each and
Trump Media Secures $2.32B for Bitcoin Treasury
U.S. spot Bitcoin ETFs recorded their first collective net outflow in more than two weeks on May 29, with investors pulling $347 million amid a broader market dip that sent Bitcoin’s price below $105,000. The outflow ended a 10-day inflow streak—last interrupted on May 13—and marked the largest single-day loss since March 11, when funds