Mining
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Month: May 2025
Ethereum
Ethereum Foundation taps Aave to borrow $2M in GHO stablecoins
The Ethereum Foundation (EF) has borrowed $2 million in GHO, a decentralized stablecoin developed by Aave, in a move signaling deeper engagement with decentralized finance (DeFi) strategies. In a May 29 X post, Aave founder […]
AI News
Fortnite makes its data API public to offer creators more insights
Epic Games announced this week that it is launching the Fortnite Data API, which makes several data points about Fortnite islands public for creators to access. This data includes engagement and retention metrics, allowing other […]
Bitcoin
European Firm K33 Raises $6.2M for Strategic Buys
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Norwegian broker K33 has set its sights on adding Bitcoin to its balance sheet. It raised 60 million Swedish krona (about $6.2 […]
Blockchain
BitMEX Unveils SOPHUSDT Perpetual Swaps with 50x Leverage
Zach Anderson May 29, 2025 13:05 BitMEX has launched SOPHUSDT perpetual swap listings, allowing traders to leverage up to 50x. The new offering commenced trading on May 29, 2025. […]
Business
Telegram to raise $1.5B in bond sale, Citadel joins BlackRock in backing the deal: WSJ
Key Takeaways Telegram is raising $1.5 billion through a bond issue, backed by investors including Citadel and BlackRock. The bond issue will help buy back previous debt as Telegram faces legal challenges in France. Share […]
Trending Cryptos
BlackRock Bitcoin ETF Investments Have Already Hit a Record Monthly High
In brief The iShares Bitcoin Trust (IBIT) exchange-traded fund so far amassed $6.22 billion in May, marking its best month ever in terms of monthly inflows. IBIT also logged 10 consecutive days of inflows toward […]
Market Analysis
SOPH token drops 24.97% after $900M airdrop, despite strong TVL growth
Binance applied a “seed tag” and launched futures trading with up to 75x leverage. On-chain TVL reached $20.28 million with DEX volume peaking at $47.44 million. A further 20% supply unlock is scheduled to begin […]
Altcoin
SOPH Token Price Plunges 33%: What’s Behind the Drop?
Sophon’s utility token, SOPH, experienced a sharp decline of more than 33% within 24 hours of its debut and listing on Binance. The primary driver behind the price plunge appears to be the airdrop of […]
AI News
Salesforce to buy Informatica in $8B deal
Salesforce has agreed to acquire data management firm Informatica in a deal valued at around $8 billion. This includes equity value, minus Salesforce’s existing investment in the company. Informatica shareholders will receive $25 in cash […]