Day

May 29, 2025

Russia allows banks to offer crypto products to accredited investors

May 29, 20250
Russian banks have started rolling out crypto investment products tied to the price of Bitcoin following a greenlight from the central bank.

Telegram raises $1.7 billion in convertible bond offering

May 29, 20250
The messaging platform will use most of the proceeds to repay existing bondholders, with the remainder allocated as working capital to support ongoing operations.

Crypto has a structural optimism built to withstand crises

May 29, 20250
Crypto’s optimism isn’t just hype; it’s a structural feature. Even as global shocks and policy shifts rattle traditional markets, digital assets consistently show greater emotional resilience.

Hyperliquid trader flips $3M into $27.5M during crypto rally

May 29, 20250
A crypto trader profited over $27 million on decentralized exchange Hyperliquid after placing high-leverage, all-long bets during a major market rally.

sBUIDL, BlackRock’s tokenized treasury fund, explained

May 29, 20250
sBUIDL can be used as collateral, traded or deployed in DeFi protocols while maintaining exposure to yield from underlying Treasurys.

Kazakhstan to pilot ‘CryptoCity’ for crypto payments and adoption

May 29, 20250
Kazakhstan’s president announced plans to build a “CryptoCity” pilot zone where crypto can be used for payments, aiming to establish a regulatory sandbox for digital assets.

GENIUS Act may cement US dollar dominance in digital economy

May 29, 20250
A key piece of US stablecoin legislation awaiting a full Senate vote may emerge as a net positive for the US dollar’s dominance in the digital asset economy.The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act aims to set clear rules for stablecoin collateralization and mandate compliance with Anti-Money Laundering laws.The passing of...

Tim Berners-Lee says internet DNS should have been more decentralized

May 29, 20250
World Wide Web and hypertext markup language (HTML) inventor Tim Berners-Lee said that if he were building a domain name service (DNS) today, he would make it “more decentralized.”Speaking at ETH Prague on stage alongside Ethereum co-founder Vitalik Buterin, Berners-Lee reflected on early internet architecture decisions.“If I could go back […] I would make it...

5 signs that suggest Bitcoin price has 'room for further expansion'

May 29, 20250
Key takeaways:Bitcoin’s price consolidates below its all-time high of nearly $112,000. Whale accumulation, strong ETF inflows and other factors suggest BTC is on track to $120,000.Bitcoin (BTC) shows multiple onchain and technical signals that there is still more upside for BTC.Bitcoin whales accumulate more BTCLarge Bitcoin investors have been adding to their holdings in anticipation...

How African innovators are using blockchain to solve real problems

May 29, 20250
While blockchain headlines in the West often focus on speculation and regulation, in Africa, it’s a different story, one rooted in necessity, innovation and grassroots adoption. The latest episode of The Clear Crypto Podcast explores this ground-up revolution with Kevin Imani, head of StarkWare’s Africa Venture Studio, who shares how communities across the continent are using...
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