The executive chairman of Meliuz has announced that his fintech company has become the first publicly-traded Bitcoin Treasury company of Brazil. The company got shareholder approval, and it also purchased $28.4 million worth of Bitcoin. The chief executive officer of Meliuz, Israel Salemen, announced through X on May 15 that
Cryptocurrency has emerged as one of the most disruptive technologies of the 21st century. With blockchain providing decentralization, transparency, and security, a tidal wave of retail investors have entered the crypto space, looking to catch the next bull cycle or discover the next high profile token. But not all that
Coinbase, the largest publicly traded cryptocurrency exchange in the U.S., has placed a $20 million bounty on cybercriminals who tried to blackmail the company. The attackers demanded a ransom of the same amount in Bitcoin, threatening to leak sensitive customer data if the exchange refused to comply. Rather than giving
By launching its Private Hub, Nexo is bringing high-touch, in-app cryptocurrency services to investors who want direct access to professional assistance and customized solutions. The decision was made in response to the company’s growing clientele of customers with portfolios worth over $100,000 who want direct access to over-the-counter (OTC) services and
Nasdaq-listed blockchain firm BTCS Inc. is gearing up to make a major move in the cryptocurrency market by raising $57.8 million through a new agreement with ATW Partners. The funds will be used solely to purchase Ethereum (ETH), which the company describes as a “foundational” asset currently at a critical
Mastercard has partnered with MoonPay to launch a payment card which will allow users to transact with stablecoins at around 150 million merchants worldwide. This collaboration marks another step in Mastercard’s growing commitment to crypto, even as regulatory questions linger over stablecoins. Mastercard and MoonPay Join Forces to Expand Stablecoin
Brazil is accelerating its cryptocurrency regulatory framework, positioning itself ahead of the United States. According to a report by The Defiant, the Central Bank of Brazil (BCB) has enforced strict rules to tackle stablecoin transfers to increase security and management. These rules limit the movement to self-custody wallets, particularly the
South Korea has arrested 25 individuals linked to coordinated fake cryptocurrency investment scams targeting retail investors. The arrests were made in Jeju, where authorities uncovered four interconnected fraud rings. These groups operated under the appearance of legitimate investment firms, using call centers to pose as crypto advisors. Their tactics included
Charles Hoskinson, Cardano’s founder, revealed new information on the upcoming Glacier Drop airdrop at Consensus 2025 in Toronto. The project involves distributing Midnight tokens to 37 million wallets across eight different blockchains. Glacier Drop’s Multi-Chain Token Distribution According to a post on X by BSCNews, Hoskinson confirmed that the Glacier
Nebraska is poised to join the growing list of U.S. states taking a firmer stance on crypto mining. On Tuesday, legislators voted unanimously to pass LB 526, legislation directed at curbing massive-scale cryptocurrency mining operations with high power consumption. The bill sailed through its last legislative hurdle with a 49-0
