Cryptocurrency

Key takeaways: Berkshire holds $347B in cash, enough to buy ~18% of Bitcoin’s supply. Greg Abel has not signaled a shift from Warren Buffett’s anti-Bitcoin stance. Berkshire already has indirect crypto exposure via Nu Holdings, Jefferies. Warren Buffett announced at Berkshire Hathaway’s annual shareholder meeting on May 3 that he will step down as CEO […]

Bitcoin Core developers have decided to remove a limit on transaction data in the next network upgrade, enabling more data to be included in a more efficient way.  “Bitcoin Core’s next release will, by default, relay and mine transactions whose OP_RETURN outputs exceed 80 bytes and allow any number of these outputs,” read the announcement

Two Florida crypto bills have been removed from the legislative process in the latest blow to American state-level strategic Bitcoin reserve ambitions.  Florida’s House Bill 487 and Senate Bill 550 have been “indefinitely postponed and withdrawn from consideration” on May 3, according to the Florida Senate.  Florida’s legislative session adjourned on May 2 without the

Samourai Wallet’s lawyers allege federal prosecutors suppressed advice that the firm didn’t need a license before they charged executives at the crypto mixing service months later.  In a May 5 letter to a Manhattan federal court, lawyers for Samourai co-founders Keonne Rodriguez and William Hill said prosecutors disclosed that the US Treasury Department’s Financial Crimes

Acting US Attorney for the Eastern District of New York (EDNY) John Durham has departed as President Donald Trump’s pick takes control of the office. In a May 5 notice, the US Attorney’s Office for EDNY said Joseph Nocella will serve as interim US Attorney for the region for 120 days or until a Senate-confirmed

Asset manager VanEck has asked US regulators for permission to list an exchange-traded fund (ETF) holding BNB, the native token of Binance’s BNB Chain, regulatory filings show.  The ETF is designed to accumulate spot BNB (BNB) tokens and “may, from time to time, stake a portion of the [fund’s] assets through one or more trusted

Opinion by: Tracy Jin, Chief Operating Officer, MEXC Market manipulation is everywhere and yet nowhere to be seen. It is an invisible threat affecting crypto and traditional markets, leaving ordinary traders counting the costs. Sometimes, manipulation is obvious — illiquid tokens being pumped high before being dumped just as fast — but often, it’s subtler

Ripple, the US-based crypto services firm behind the XRP Ledger, has committed $25 million in Ripple USD (RLUSD) to education nonprofits DonorsChoose and Teach For America. According to a May 5 announcement, the grant will be processed through the crypto charity intermediary service The Giving Block. DonorsChoose CEO Alix Guerrier said “teachers are going the

US President Donald Trump will host a gala dinner for top holders of his Official Trump (TRUMP) memecoin despite bipartisan criticism and renewed calls for impeachment. In a May 5 Truth Social post, Trump announced that he will hold a gala dinner with major TRUMP holders on May 22. The announcement follows multiple US lawmakers

Michael Saylor’s Strategy, one of the world’s largest corporate Bitcoin investors, slowed its BTC purchases last week as the cryptocurrency briefly surged above $97,000. Strategy acquired 1,895 Bitcoin (BTC) for $180.3 million during the week from April 28 to May 4 at an average price of $95,167 per BTC, the firm announced in its latest