Abu Dhabi’s sovereign wealth fund, Mubadala Investment Company, has significantly increased its exposure to Bitcoin by expanding its stake in BlackRock’s iShares Bitcoin Trust (IBIT) during the first quarter of 2025. A newly filed 13F report with the U.S. Securities and Exchange Commission shows the firm acquired 491,439 additional IBIT shares—currently worth about $28.8 million.
Tommy Argo
In a landmark move for corporate crypto adoption in Latin America, Brazilian fintech firm Méliuz has officially become the region’s first publicly traded company to implement a Bitcoin treasury strategy. The decision, approved by a wide majority of shareholders, signals a major shift in the company’s capital allocation strategy. On Thursday, Méliuz confirmed the purchase
Méliuz Becomes First Public Company in LatAm to Hold Bitcoin
In a bold response to a cyber-extortion attempt, Coinbase has turned the tables on attackers who demanded $20 million in Bitcoin to keep stolen customer data from being exposed. Instead of yielding to the threat, the crypto exchange is offering a $20 million bounty to anyone who can help identify and bring the perpetrators to
Coinbase Offers $20M Bounty After Refusing Hacker Ransom
Bitcoin edged lower on Thursday after fresh U.S. inflation data showed a sharper-than-expected drop in wholesale prices, raising questions about the Federal Reserve’s next policy move. According to the Bureau of Labor Statistics, the Producer Price Index (PPI) fell by 0.5% in April, in contrast to economists’ forecasts of a modest 0.2% increase. On a
Bitcoin Falls Below $102K as U.S. Wholesale Prices Drop
Summer Mersinger, one of the U.S. Commodity Futures Trading Commission’s most outspoken crypto advocates, has been appointed the next CEO of the Blockchain Association—marking a high-profile transition from regulator to industry representative. Announced Wednesday, Mersinger’s appointment comes as the CFTC continues to emerge as a potential lead agency for digital asset oversight in the U.S.,
CFTC’s Mersinger Named CEO of Blockchain Association
In a bold extension of its crypto strategy, Mastercard has teamed up with MoonPay to roll out a global payment card service powered by stablecoins. The new offering will enable users to make and receive payments in digital currencies like USDC and USDT, with transactions seamlessly converted into local fiat at the point of sale.
Mastercard and MoonPay Launch Global Stablecoin Card
Nebraska is on the verge of enacting sweeping new regulations aimed at curbing the impact of large-scale cryptocurrency mining on the state’s power grid. On Tuesday, lawmakers unanimously passed Legislative Bill 526 in its final reading, advancing the proposal to Governor Jim Pillen for final approval. If signed into law, the measure will take effect
Nebraska Advances Bill to Regulate Crypto Mining Power Use
A group of high-ranking House Democrats is ramping up scrutiny of Donald Trump’s growing involvement in the cryptocurrency space, formally requesting that the U.S. Treasury Department release all suspicious activity reports (SARs) related to his digital asset ventures. The move signals escalating concerns in Washington over the potential political and financial implications of Trump-linked crypto
House Democrats Seek Treasury Probe Into Trump’s Crypto Ties
Bitcoin is grossly undervalued and could soar to staggering new heights in the coming months, according to Blockstream CEO and early Bitcoin advocate Adam Back. In a recent interview with Decrypt, Back expressed strong conviction that Bitcoin’s current market price fails to reflect the asset’s underlying strength—especially in the face of mounting institutional investment. With
Bitcoin Is “Too Cheap” at $100K, Says Blockstream CEO
The downfall of crypto lending platform Cred Inc. reached a new chapter Tuesday as two of its former executives pleaded guilty to wire fraud conspiracy in a San Francisco federal courtroom, admitting they misled customers in the lead-up to the firm’s high-profile collapse in 2020. Daniel Schatt, co-founder and former CEO of Cred, along with
Ex-Cred Executives Plead Guilty to $150M Crypto Fraud
Former U.S. Representative Patrick McHenry claims that ex-SEC Chair Gary Gensler privately held favorable views on digital assets, despite his notoriously hardline public stance during his time at the regulatory agency. Speaking on the Crypto in America podcast on May 13, McHenry shared that private conversations with Gensler revealed a more supportive attitude toward cryptocurrencies
McHenry Says Former SEC Chair Gensler Privately Supported Crypto Innovation
Republican Senators Cynthia Lummis (R-WY) and Bernie Moreno (R-OH) are urging the U.S. Treasury Department to provide clear guidance on how digital assets should be treated under the Corporate Alternative Minimum Tax (CAMT). They warn that without clarification, current interpretations could unfairly penalize crypto-holding firms and discourage U.S.-based blockchain investment. In a letter sent Tuesday