According to Cointelegraph, the gap between BlackRock's Bitcoin spot ETF (IBIT) holdings and Strategy's Bitcoin holdings has narrowed to 20,000 BTC. IBIT currently holds 573,869 BTC, while Strategy holds 553,555 BTC.
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Etherfi has launched a $40 million venture fund, Etherfi Ventures Fund I, to support entrepreneurs aiming to reshape the industry, according to Wu Blockchain. The fund has already disclosed its initial investments in Resolv, Rise Chain, and Symbiotic.
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Bitcoin mining's sustainable energy use hit 52.4% in Q1 2025, up from 37.6% in 2022 (CCAF). Natural gas is now the top energy source (38.2%). North America leads mining, with the US at 75.4% of global hashrate. Data from 49 mining firms covering 48% of activity.
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Coinbase says 15% of Bitcoin transactions use Lightning Network since April! ⚡️ Efficiency boost validated by a Coinbase director. Lightspark provides tech support. Plus, Coinbase launched a "Bitcoin Yield Fund" May 1st, targeting 4-8% annual return. #Bitcoin #LightningNetwork
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Ethereum's Fusaka hard fork is expected in late 2025, per Cointelegraph. The planned EVM Object Format (EOF) upgrade has been removed due to technical issues and community concerns about complexity and security risks. EOF aimed to boost smart contract efficiency.
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FTX is suing token issuers, including NFT Stars & Delysium, who held FTX assets & haven't cooperated with bankruptcy recovery. FTX alleges failure to deliver tokens per contracts. They're pursuing legal action to maximize asset recovery for creditors. #FTX #bankruptcy #crypto
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Arizona's House passed SB 1025 & SB 1373, sending them to Gov. Hobbs. SB 1373 creates a digital asset reserve fund, investing up to 10% in Bitcoin. SB 1025 allows state treasury/pensions to invest up to 10% in virtual currencies, focusing on Bitcoin. #Bitcoin #Arizona
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TRUMP memecoin pumped 60% after announcing a dinner for top 220 holders! On-chain volume spiked to $2.3B, surpassing major memecoins with ~50% market share. Expect high on-chain activity as holders chase dinner eligibility! #memecoins #crypto #TRUMP
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Pantera Capital hires ex-Kraken CLO Marco Santori as general partner, per Bloomberg. Santori will focus on investments, fundraising, exits & navigating US regulations. Pantera is eyeing stablecoins, on-chain real-world assets, & blockchain for physical infrastructure management.
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Coinbase's Chief Legal Officer, Paul Grewal, announced that Joe Salama will join the company as Chief Compliance Officer, succeeding Melissa Strait, who is departing. Salama previously served as Global Head of Anti-Financial Crime and General Counsel for the Americas at Deutsche Bank.
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Rumble has announced a partnership with Tether to launch Rumble Wallet later this year, according to Wu Blockchain. The wallet aims to foster the creator economy. This follows Tether's previous $775 million investment in Rumble.
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Rice Robotics unveils FLOKI minibot M1, an AI companion powered by Floki AI! 🤖 Integrates with RICE AI for tasks & info. RICE token launch via TokenFi Launchpad coming soon! TOKEN stakers get early access. M1 users earn RICE. FLOKI & TOKEN holders get airdrops! #AI #Robotics #Crypto
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ADQ, IHC & FAB (UAE's largest bank) are launching a dirham-backed stablecoin! Reuters reports it'll be fully regulated by the Central Bank of the UAE, boosting the country's crypto presence. #crypto #UAE #stablecoin
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Lombard Finance & Eigen Foundation team up to integrate LBTC into EigenLayer! 🤝 The 6-month collab will boost Bitcoin restaking security, evolving BTC into a yield-generating asset. Lombard's tools simplify LBTC minting, already adopted by Bybit & Binance. #Bitcoin #DeFi
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Mastercard is launching a system for stablecoin payments! They'll enable wallets, card issuance, merchant settlement, & on-chain remittances. Partnering with OKX for the OKX Card & working with Circle, Nuvei, & Paxos to let merchants accept USDC & USDP directly. #crypto #stablecoins #Mastercard
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MetaMask Metal Card, launching Q2 2025, lets users pay directly from self-custodial wallets via Linea! CompoSecure & Baanx are partnering on the card, which uses smart contracts, skipping fiat conversion. Bitcoin & Solana support coming this year. #MetaMask #crypto
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Ethereum Foundation gets new co-executive directors: Hsiao-Wei Wang & Tomasz Stańczak! 🚀 Next year's focus: censorship resistance, open-source innovation, privacy & security. Priorities: scaling Ethereum (L1/L2), UX, application layer, & ecosystem growth. #Ethereum #Web3
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BNB Chain AI Hackathon winners announced! 🏆 11 projects snagged the Tier 4 Potential Award, including decentralized AI trading tools & governance solutions. Congrats to: Aster AI, Barktalkai, BNBOT, DataFlyer, EchoVote, Fezz, Idea Pie, Jam, NovelForge, TradingFlow, & Visualyze! #BNBChain #AI #Hackathon
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OKX's 30th Proof of Reserves report shows increased user holdings: BTC up 1.59% to 133K, ETH up 3.43% to 1.77M. USDT holdings decreased by 3.62% to 7.85B.
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Tether's Q1 2025 audit confirms XAU₮ (Tether Gold) is backed by 246,523+ ounces (7.7+ tons) of physical gold, valued at $770M. Each token = 1 ounce gold. Reserves are in Swiss vaults. XAU₮ is approved in El Salvador! #TetherGold #XAU₮ #Gold
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