GameStop Invests $513 Million in Bitcoin
One publicly traded company after another is transforming into a Bitcoin treasury. Now, it's GameStop—a somewhat controversial U.S. company—joining the trend. [...]
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Czech Republic’s Justice Minister Resigns After Receiving Bitcoin Donation from Darknet
Pavel Blažek, the Justice Minister of the Czech Republic, has stepped down following revelations that he accepted a donation of 480 Bitcoins from a convicted darknet criminal. The scandal has raised concerns about government transparency and crypto-related corruption. [...]
Rollups: Base Overtakes Arbitrum, Unichain Takes Off
Ethereum's Layer-2 ecosystem is undergoing dynamic changes: Base has surged to the top, Unichain is gaining momentum, World Chain is introducing decentralized IDs, and the website L2Beat has given rollups an ultimatum to fix a critical vulnerability. [...]
US Treasury Secretary: Stablecoins Could Create Two Trillion Dollars in Demand for Government Bonds
US Treasury Secretary Scott Bessent recognizes that stablecoins could play a tremendous role in financing the US government budget. The proposed GENIUS regulation aims to open these floodgates—but the leading stablecoin so far is responding with only cautious interest. [...]
Speed Wallet Brings USDC to the Lightning Network
The custodial Lightning wallet Speed has introduced the stablecoin USDC, following its previous support for USDT. Bridges make deposits from Ethereum easily accessible, and a swap service allows users to exchange between Bitcoin and stablecoins in real time. [...]
H100 Becomes First Swedish Company to Accumulate Bitcoin
Every country needs its own Bitcoin treasury, and in Sweden, H100 Group is stepping up to fill that role. The healthcare company recently bought 4.39 bitcoins and has now raised nearly two million euros through convertible bonds to acquire even more bitcoin. Among its investors is a high-profile Bitcoiner who has even been suspected of being Satoshi Nakamoto. [...]
2,000 Megawatts: Pakistan Enters Bitcoin Mining
Facing a prolonged economic crisis, Pakistan is struggling with excess electricity capacity. Bitcoin mining has emerged as a godsend, offering a valuable way to put these energy surpluses to use. [...]
The Abstraction of Mining
Bittensor is a blockchain that makes mining its primary purpose—abstracting it so far that any kind of digital service can qualify. This approach aims to transform the blockchain into a marketplace for machine intelligence. Now, a research startup wants to leverage it to accelerate the discovery of new drugs. [...]
New All-Time High: Bitcoin Surpasses $111,000
Bitcoin has done it again: just about half a year after its last record, Bitcoin is breaking through its own price barriers. Now trading above $111,000, Bitcoin is more valuable than ever before—and this milestone comes fittingly on Bitcoin Pizza Day. [...]
How Iran’s Bitcoin Strategy Backfires
Iran has been leveraging Bitcoin mining to circumvent international sanctions. However, this approach is worsening the country’s energy crisis, enriching Khamenei’s Revolutionary Guard, and accelerating capital flight. The regime is learning the hard way that it cannot control Bitcoin. [...]