Norway-based K33 firm has raised $5.6 million from insiders to acquire Bitcoin. Norwegian digital asset company K33 became the latest firm to join the Bitcoin (BTC) train. On Wednesday, May 28, the company announced it secured 60 million Swedish krona, worth about $5.6 million, for its Bitcoin treasury. To fund the acquisition, the Oslo-headquartered company,…
RedStone, the oracle provider behind several real-world asset initiatives, has expanded to Solana, unlocking institutional-grade asset data for DeFi builders. The integration brings tokenized funds like Apollo’s ACRED and BlackRock’s BUIDL onto Solana’s (SOL) high-speed network through a partnership with Securitize and Wormhole Queries. This move marks a shift from simple asset tokenization to full…
Monero price has suffered a sharp reversal this week, falling for three consecutive days and erasing some of its recent gains. Monero (XMR) token dropped to a low of $320.80 on Wednesday, down more than 23% from its highest level this year. It then pared back some losses and was trading near $350 at press…
Ethereum co-founder Vitalik Buterin believes that AI should not be seen as a competitor to mankind, but instead as a complimentary tool that humans can harness in order to advance into the future. At ETHPrague on May 28, Ethereum (ETH) co-founder Vitalik Buterin shared his thoughts on the age-old debate of whether artificial intelligence will…
RedStone, the oracle provider behind several real-world asset initiatives, has expanded to Solana, unlocking institutional-grade asset data for DeFi builders. The integration brings tokenized funds like Apollo’s ACRED and BlackRock’s BUIDL onto Solana’s (SOL) high-speed network through a partnership with Securitize and Wormhole Queries. This move marks a shift from simple asset tokenization to full…
Bitcoin is coiling in a low-volume range near major support. With bullish market structure still intact, a breakout toward $114,000 may be imminent if volume expansion confirms direction. Bitcoin (BTC) price action has spent the majority of the week consolidating in a tight, low-volatility range. Despite the calm, price remains firmly above a critical support…
Hackers targeted a wrapped staked Ethereum contract, stealing tokens worth around $12 million. Decentralized finance platform Cork Protocol reportedly suffered a major exploit. On Wednesday, May 28, security firm SlowMist highlighted a potential smart contract vulnerability involving 3,760 wrapped staked Ethereum (wstETH) tokens. We are investigating a potential exploit and are pausing all contracts. We…
XRP price has continued its strong downtrend, reaching its lowest level since February 3. Ripple (XRP) coin dropped to 0.000021 against Bitcoin (BTC), down by 37% from its highest point this year. XRP has lagged behind Bitcoin, which has surged to a record high, bolstered by strong fundamentals. Demand for Bitcoin continues rising, with spot…
Ethereum Foundation President Aya Miyaguchi sat down with UNICEF innovation unit builder and Giga founder Christopher Fabian and talked about how the UN’s Children Fund came to embrace crypto and the blockchain. On May 28 at ETHPrague, Fabian and Miyaguchi took the audience back to 2018 and 2019 when United Nations Children’s Fund first began…
GameStop doubles down on its memestock status by investing more than half a billion dollars in Bitcoin. GameStop is doubling down on its crypto pivot. On Wednesday, May 28, GameStop announced on social media that the company acquired 4,710 Bitcoin (BTC). The purchase was worth approximately $519 million, with each BTC valued at $109,728 at…
