Bitfarms Rejected $950 Million Riot Platforms’ Acquisition Proposal, Citing Undervaluation
Bitfarms, a global Bitcoin mining company, confirmed on May 28 that it received and rejected an acquisition proposal from Riot Platforms on April 22, 2024. The proposal, offering US$2.30 per Bitfarms common share in cash and Riot common stock, was evaluated
PayPal Expands PYUSD to Solana Blockchain for Lower-Cost Transactions
At Consensus 2024, PayPal Holdings, Inc. announced on May 29 that it would expand its stablecoin, PayPal USD (PYUSD), to the Solana blockchain. Paypal’s goal is to enhance transaction speeds and reduce costs, providing users greater flexibility and control. The
Mastercard Launches “Crypto Credential” To Replace Wallet Addresses With Usernames
Mastercard’s new “Crypto Credential” service has now gone live, making peer-to-peer crypto transfers far more intuitive for average users. The payment giant’s new service allows users of select crypto exchanges to send and receive digital assets using a Mastercard Crypto Credential
Israel to Launch Digital Shekel Test for Payment
The Bank of Israel (BoI) is speeding up efforts to develop its central bank digital currency (CBDC), dubbed the “digital shekel.” In a recent update on May 28, the bank revealed plans for the CBDC’s payment use case through the
Bitcoin Price Prediction: BTC Drops to $67,000 – Sell-Off Continues or Buy Opportunity?
Bitcoin Price Prediction The live Bitcoin price today is $67,325, reflecting a 1.43% decline in the last 24 hours, with a trading volume of $26.85 billion. Bitcoin remains the top-ranked cryptocurrency with a market cap of $1.33 trillion. The circulating supply is
Best Crypto to Buy Now May 29 – Shiba Inu, Worldcoin, Chiliz
On a modestly bearish day for most major cryptos that saw Bitcoin (BTC) slide 1.5% to the low $67,000s and Ethereum (ETH) drop 2.5% back to the mid-$3,700s, traders hunting for the best crypto to buy now are scouring the
Texas Regulator Orders Arkbit Crypto Mining To Shut Down
The Texas State Securities Board greatly damaged a fraudulent Arkbit cryptocurrency cloud mining operation on with a May 28 cease and desist order against Arkbit Capital for engaging in deceptive practices to perpetrate an alleged investment fraud. The order revealed that
El Salvador’s Bitcoin and AI Adoption Plans Could 10x GDP by 2029
ARK Invest CEO Cathie Wood believes El Salvador’s Bitcoin and AI adoption plan could see its GDP tenfold in the next 5 years. In an X thread, Cathie Wood praised El Salvador’s transitions into an “oasis” for Bitcoin and AI adoption
Justice Alito tells Congress he will not recuse from Jan. 6-related cases
Justice Samuel A. Alito, Jr. on Wednesday rejected calls to recuse himself from Jan. 6-related cases at the Supreme Court after Democratic lawmakers questioned whether he could be impartial following reports that an upside-down flag flew at his home
RFK Jr. files complaint over potential exclusion from debate stage
The presidential campaign of independent candidate Robert F. Kennedy Jr. announced Wednesday it had filed a complaint with the Federal Election Commission about Kennedy’s potential exclusion from a planned June 27 debate on CNN between President Biden and former president