Day

May 13, 2025

Robinhood to acquire Canada’s WonderFi for $179M in global crypto push

May 13, 20250
Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for approximately 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence.The acquisition is expected to close in the second half of 2025, Robinhood said in a May 13 press release.WonderFi operates two of Canada’s longest-standing regulated crypto...

Cointelegraph and TheBlock. announce strategic media partnership to strengthen global Web3 and virtual asset collaboration

May 13, 20250
Dubai, UAE – May 2025 — TheBlock., the International Chamber of Virtual Assets, has announced a strategic partnership with Cointelegraph, the world’s leading Web3 media platform. The collaboration brings together two major players in the blockchain and virtual asset space, with the shared goal of amplifying the global adoption of tokenisation, advancing regulatory dialogue, and...

Solana co-founder proposes meta chain to fix blockchain fragmentation

May 13, 20250
Solana Labs co-founder Anatoly Yakovenko proposed a new data availability (DA) solution to improve persistent fragmentation and lack of interoperability across blockchain networks.In a May 12 post on X, Yakovenko proposed a “meta blockchain” to aggregate and order data posted across multiple layer-1 chains, including Ethereum, Celestia and Solana.“This would actually allow the meta chain...

Arizona governor kills two crypto bills, cracks down on Bitcoin ATMs

May 13, 20250
Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin ATMs.On May 12, Hobbs rejected Senate Bill 1373, which sought to establish a Digital Assets Strategic Reserve Fund. The fund would have allowed Arizona to hold crypto assets...

Bitcoin illiquid supply hits 14M BTC as hodlers set bull market record

May 13, 20250
Key points:Bitcoin has seen its largest 30-day illiquid supply increase of the current bull market.Illiquid supply now stands at 14 million BTC, more than ever before.Whales are still accumulating as the price returns to six figures.Bitcoin (BTC) investors are turning the BTC supply more illiquid than at any point in its historyData from onchain analytics...

Nasdaq-listed GDC plans to buy Bitcoin and TRUMP memecoin for $300M

May 13, 20250
GD Culture Group (GDC), a Nasdaq-listed holding company focused on livestreaming, e-commerce and artificial intelligence-powered digital human technology, plans to raise up to $300 million for a cryptocurrency treasury reserve.In a May 12 statement, GDC and its subsidiary, AI Catalysis, announced entering into a common stock purchase agreement with a British Virgin Islands limited liability...

Tether Gold enters Thailand with listing on Maxbit exchange

May 13, 20250
Tether, issuer of the world’s largest stablecoin, USDt, is rolling out its tokenized gold digital asset in Thailand with a listing on local cryptocurrency exchange Maxbit.In a May 13 announcement, Tether said its gold-backed token, Tether Gold (XAUt), has been listed on Thai exchange Maxbit.According to an X announcement by Maxbit, the platform is the...

From Netflix series to crypto game: Black Mirror’s AI reputation system, explained

May 13, 20250
Black Mirror experience: When sci-fi social scores meet blockchain Created by Charlie Brooker, this British sci-fi series debuted in 2011 and quickly became a cultural touchstone for its dark, satirical take on technology.Imagine a world where every like, comment and blockchain transaction shapes your social standing, where an AI watches your every digital move and...

Animoca eyes New York listing, cites Trump’s crypto-friendly stance

May 13, 20250
Hong Kong-based Animoca Brands is preparing for a listing in New York, citing US President Donald Trump’s relaxed regulatory stance on digital assets as a window of opportunity to enter the world’s biggest capital market.Animoca executive chair Yat Siu told the Financial Times that an announcement may be made soon, with the company currently evaluating...

Craig Wright sent enemies to legal ‘hell,’ says judge in restraining order

May 13, 20250
A British High Court has issued a restraining order against computer scientist Craig Wright, preventing him from filing further defamation suits. In a May 12 judgment, High Court Judge Edward Mellor said Wright’s repeated false claims and aggressive legal actions created legal “hell” for individuals and developers in the Bitcoin (BTC) community, adding that Wright sought...
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