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Third Arrest Made in High-Profile Kidnapping of Bitcoin Investor in New York

Another man was arrested in New York to face charges related to an abduction case that left a Bitcoin investor tortured and held for weeks.

Published on: May 28, 2025 | Source: Decrypt favicon Decrypt

Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts financial efficiency

Fast food chain Steak ‘n Shake has expanded its payment options to include Bitcoin (BTC) at all of its locations globally, where regulations permit. The rollout, which began on May 16, utilizes the Lightning Network to enable faster and lower-cost transactions. The company’s COO, Dan Edwards, revealed the development on May 27 at the Bitcoin […] The post Fast food giant Steak ‘n Shake launches Bitcoin payments, boosts...

Published on: May 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Robinhood CEO Predicts AI-Driven Companies, Likens Them to Bitcoin and Satoshi

Robinhood CEO Vlad Tenev said at Bitcoin 2025 that AI could lead to "single-person companies"—just like how Satoshi Nakamoto created BTC.

Published on: May 27, 2025 | Source: Decrypt favicon Decrypt

Third individual arrested in NYC crypto torture and kidnapping case

A third individual, suspected of being connected to the recent kidnapping, torture and attempted extortion of an Italian tourist in New York City, surrendered to law enforcement on May 27.33-year-old William Duplessie was taken into custody by the New York Police Department (NYPD) and will be charged with “kidnapping and false imprisonment of an associate,” NYPD Commissioner Jessica Tisch said.The incident comes amid a...

Published on: May 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Bo Hines declares the US won’t sell Bitcoin, seek endless accumulation for strategic reserve

Bo Hines told the 2025 Bitcoin Conference in Las Vegas on May 27 that the federal government will hold every Bitcoin (BTC) already in custody and pursue additional budget-neutral ways to increase its Strategic Bitcoin Reserve. Hines, who serves as the executive director of the President’s Council of Advisers for Digital Assets, described Bitcoin as […] The post Bo Hines declares the US won’t sell Bitcoin, seek endless...

Published on: May 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Solana Price to Lag Ethereum's While Network Addresses Scaling Issues: Standard Chartered

The bank's Head of Digital Assets thinks Solana needs to find use cases in "high-throughput financial apps."

Published on: May 27, 2025 | Source: Decrypt favicon Decrypt

Growing BTC reserve requires Congressional legislation — VanEck exec

Building a permanent US strategic Bitcoin reserve would likely require targeted legislation rather than executive action, according to VanEck’s head of digital assets, Matthew Sigel. Speaking at Bitcoin 2025 in Las Vegas, Sigel said the most viable path forward may involve inserting Bitcoin mining incentives into the congressional budget reconciliation process.According to Sigel, the most effective path to growing a US...

Published on: May 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Cetus seeks Sui community nod to unlock $162M to make users whole

Sui-based protocol Cetus said on May 27 that it can reimburse every user affected by its May 22 exploit if Sui token holders approve the return of frozen funds in an upcoming on-chain vote. Cetus said in a May 27 social media post that its cash and token reserves, combined with a secured loan from […] The post Cetus seeks Sui community nod to unlock $162M to make users whole appeared first on CryptoSlate.

Published on: May 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Too Early? 'Networked' Fashion Label 9dcc Is Shutting Down

Luxury fashion brand 9dcc, which launched physical fashion connected to on-chain tokens, is closing up shop amid economic challenges.

Published on: May 27, 2025 | Source: Decrypt favicon Decrypt

Trump supports bill to buy 1 million BTC — Senator Lummis

US President Donald Trump supports the BITCOIN Act and has a team of experts in the White House working to roll out landmark digital asset legislation in the coming weeks, according to Wyoming Senator Cynthia Lummis.Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Lummis said she is bringing the BITCOIN ACT to the “attention of the American people and the world,” adding that, “President Trump supports the...

Published on: May 27, 2025 | Source: Cointelegraph favicon Cointelegraph

The Solana Network Is Now Live on MetaMask

It's the first time that MetaMask integrates a non-EVM network.

Published on: May 27, 2025 | Source: CoinDesk favicon CoinDesk

Harvard's 'FaceAge' AI Links Cancer Survival to How Old You Look in a Photo

FaceAge aims to predict biological age using AI, and links facial appearance with survival rates in cancer patients.

Published on: May 27, 2025 | Source: Decrypt favicon Decrypt

Selling Bitcoin is like playing in a 'bad house-rate casino' — Adam Back

Selling Bitcoin is like “playing in a really bad house-rate casino,” according to Adam Back, CEO of Blockstream and one of Bitcoin’s earliest adopters. In a recent interview with Bitcoin financial services firm Unchained, Back said the odds are stacked against traders trying to time the market.Back came to this conclusion in the early days of Bitcoin, he said, when the price “was going up basically exponentially but it...

Published on: May 27, 2025 | Source: Cointelegraph favicon Cointelegraph

VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way

VanEck head of digital assets research Matthew Sigel called on US lawmakers to attach a royalty to domestic Bitcoin (BTC) mining so the federal government can accumulate BTC for its strategic reserve. Speaking during a policy panel at the 2025 Bitcoin Conference in Las Vegas on May 27, Sigel said the reserve can grow through […] The post VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a...

Published on: May 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Vegas Vibes and All-Time Highs: Bitcoin Faithful Flock to Sin City

One year after Trump headlined the annual conference, Bitcoin 2025 has landed on the Las Vegas Strip amid a record price push.

Published on: May 27, 2025 | Source: Decrypt favicon Decrypt

OKX Global General Counsel Is Latest Legal Exec to Leave the Exchange

The new chief legal officer, Linda Lacewell, is said to be restructuring the firm's legal and compliance divisions, according to a source familiar with the situation.

Published on: May 27, 2025 | Source: CoinDesk favicon CoinDesk

SharpLink makes $425M Ethereum treasury plunge with Joseph Lubin’s guidance

SharpLink Gaming plans to establish a $425 million Ethereum (ETH) treasury under the guidance of Consensys CEO and Ethereum co-founder Joseph Lubin, the company announced on May 27. The sports-betting technology company entered into securities purchase agreements for a private investment in public equity. The company will issue 69.1 million shares at $6.15 each, or […] The post SharpLink makes $425M Ethereum treasury...

Published on: May 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Square Pilots Real-Time Bitcoin Payments in Vegas, Plans Full Availability To Customers in 2026

The feature would still need regulatory approval in order to be made available to all customers.

Published on: May 27, 2025 | Source: CoinDesk favicon CoinDesk

Senator Lummis says US military generals support strategic Bitcoin reserve

Senator Cynthia Lummis told the 2025 Bitcoin Conference in Las Vegas on May 27 that several US military generals endorse building a Bitcoin (BTC) reserve to bolster the nation’s economic deterrence. Lummis said she discussed digital reserves with unnamed senior officers who “understand that economic power is as important as military power in addressing aggressors […] The post Senator Lummis says US military generals...

Published on: May 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Strive Raises $750 Million to Fuel Bitcoin Treasury Purchases

Financial services firm Strive Asset Management, tied to Ohio gubernatorial candidate Vivek Ramaswamy, has raised fresh funds to buy Bitcoin.

Published on: May 27, 2025 | Source: Decrypt favicon Decrypt

Third Arrest Made in Manhattan Bitcoin Kidnapping, Torture Case

The incident, involving alleged abduction and abuse for nearly three weeks, comes amid a growing trend of physical attacks on cryptocurrency users.

Published on: May 27, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin price held up by corporate adoption and ‘inflation hedge’ narratives

Key takeaways:Institutional investor demand and corporate adoption may push Bitcoin higher despite recession fears.Investors’ belief that the US Federal Reserve will hold rates favors Bitcoin price upside.Stock markets around the world responded positively to the temporary suspension of import tariffs between the United States and the European Union, with the S&P 500 rising 1.5% on May 27. However, concerns over a...

Published on: May 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Billionaire Bryan Johnson pledges to witness the final Bitcoin halving in 2140

Tech entrepreneur and longevity enthusiast Bryan Johnson announced he will speak at Bitcoin 2025 in Las Vegas, aligning his vision of radical life extension with Bitcoin’s (BTC) long-term roadmap. In a social media post on May 26, Johnson referenced the final Bitcoin halving over 100 years away from now, pledging to be alive for the […] The post Billionaire Bryan Johnson pledges to witness the final Bitcoin halving in...

Published on: May 27, 2025 | Source: CryptoSlate favicon CryptoSlate

Steak n’ Shake COO Says Bitcoin Payments Cut Processing Fees in Half

The American fast-food chain started accepting bitcoin payments earlier this month. Next step: robo taxies, cyber chefs, and drones.

Published on: May 27, 2025 | Source: CoinDesk favicon CoinDesk

Publicly Traded SharpLink Raises $425M to Create Ethereum Treasury, Stock Jumps 420%

Backed by Consensys and other crypto firms, the Nasdaq-listed SharpLink Gaming is pivoting to Ethereum—and seeing a massive stock surge.

Published on: May 27, 2025 | Source: Decrypt favicon Decrypt

Ramaswami's Strive raises $750M for 'alpha-generating' Bitcoin buy strategy

Strive, an asset manager founded by American entrepreneur and politician Vivek Ramaswamy, has announced a $750 million raise to establish “alpha-generating” strategies through Bitcoin-related purchases. According to a May 27 announcement, the strategies will include buying undervalued biotech companies, purchasing “distressed Bitcoin claims” like those associated with crypto hacks and bankruptcies, and acquiring bottom...

Published on: May 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Solana’s Raj Gokal doxxed via Migos’ Instagram account after failed 40 BTC extortion bid

Hackers took over rap group Migos’ Instagram account to post Solana co-founder Raj Gokal’s stolen personal information, including his passport and phone number, on May 27 after he refused to pay a 40 Bitcoin (BTC) ransom. Blockchain analyst ZachXBT explained on social media that the attackers gained access to one of Gokal’s email accounts days […] The post Solana’s Raj Gokal doxxed via Migos’ Instagram account after...

Published on: May 27, 2025 | Source: CryptoSlate favicon CryptoSlate

MARA’s Fred Thiel Says U.S. Should Start Mining Bitcoin to Fill Strategic Reserve

“I think it’s critical, the U.S. making a statement that we’re going to have a strategic reserve is an empty statement unless you start putting stuff into it," he said.

Published on: May 27, 2025 | Source: CoinDesk favicon CoinDesk

BlackRock in-house portfolio boosts IBIT Bitcoin ETF exposure by 25%

BlackRock’s in-house portfolio has been quietly accumulating shares of its Bitcoin exchange-traded fund (ETF), underscoring the asset manager’s growing commitment to the cryptocurrency as part of a broader diversification strategy.As of March 31, 2025, the BlackRock Strategic Income Opportunities Portfolio held 2,123,592 shares of the company’s iShares Bitcoin Trust (IBIT), valued at $99.4 million, according to filings...

Published on: May 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin profit taking lingers, but rally to $115K will liquidate $7B shorts

Key takeaways:Bitcoin could turn parabolic if prices move above $115,000 to liquidate more than $7 billion in short positions.Onchain indicators enter overheated territory, suggesting prolonged profit taking from BTC investors.Bitcoin (BTC) showed strength on May 27, briefly tagging $110,700 after a strong US equities market open and the Trump Media and Technology Group’s announcement that it would raise $2.5 billion...

Published on: May 27, 2025 | Source: Cointelegraph favicon Cointelegraph

Cantor's $2 Billion Bitcoin Lending Business Makes First Transactions

Investment banking giant Cantor Fitzgerald has kicked off its Bitcoin lending service, making deals with FalconX and Maple Finance.

Published on: May 27, 2025 | Source: Decrypt favicon Decrypt

XRP Bounces Back as Bulls Defend Key Technical Support

Market cap swings nearly $4B as XRP weathers capital outflows, holding firm above 50-day SMA despite global economic headwinds.

Published on: May 27, 2025 | Source: CoinDesk favicon CoinDesk

Trump Media aims for top 10 corporate Bitcoin holder spot with $2.5B investment plan

Trump Media & Technology Group (TMTG), a company backed by US President Donald Trump, has announced plans to raise $2.5 billion through a mix of stock and convertible note offerings to purchase Bitcoin, according to a May 27 statement. This planned purchase would help the firm reach the top 10 corporate Bitcoin holders globally.Strategy (formerly […] The post Trump Media aims for top 10 corporate Bitcoin holder...

Published on: May 27, 2025 | Source: CryptoSlate favicon CryptoSlate

KindlyMD Acquires 21 Bitcoin Ahead of Merger with Nakamoto

The firm now symbolically owns one millionth of the total bitcoin circulating supply, but its objective is to have one million BTC.

Published on: May 27, 2025 | Source: CoinDesk favicon CoinDesk

Dogecoin Rebounds 5.5% as Whale Accumulation Fuels Bullish Momentum

Despite market uncertainty and global tensions, DOGE stands out with strong support levels and rising demand from large holders fueling investor interest.

Published on: May 27, 2025 | Source: CoinDesk favicon CoinDesk