Lyft to Leverage Solana DePIN Project Hivemapper Through Bee Maps
Categories
Uncategorized

Lyft, a ride-sharing company with over 2 million drivers, will leverage Hivemapper, a Solana-based DePIN application, as a low-level, street-focused mapping solution. Lyft will implement solutions provided by Bee Maps, a company that utilizes Hivemapper-based software. Lyft Partners With Bee Maps to Capture Street-Level Mapping Data Lyft, a ridesharing company with over 2 million drivers […]

A1 Abraaj Becomes First Middle Eastern Public Firm to Adopt Bitcoin Treasury Strategy
Categories
Uncategorized

A1 Abraaj Restaurants Group has become the first publicly traded company in the Middle East to adopt bitcoin as a treasury reserve asset, signaling a major shift in regional finance. Bahrain’s A1 Abraaj Embraces Bitcoin for Crypto Treasury In a regional first, Bahrain-based A1 Abraaj Restaurants Group (Bahrain Bourse: ABRAAJ) has officially adopted bitcoin as […]

Crypto gaming interest drops in April, overall ecosystem healthier: DappRadar
Categories
Uncategorized

Blockchain gaming user activity dipped and funding slowed in April, but the overall ecosystem is healthier and maturing, according to blockchain analytics platform DappRadar. User activity dropped 10% over April, with blockchain gaming reaching a 2025 low of 4.8 million daily Unique Active Wallets, DappRadar analyst Sara Gherghelas said in the platform’s April Games Report. […]

Sonic Labs Wins Court Order to Liquidate Multichain Foundation
Categories
Uncategorized

Sonic Labs CEO Michael Kong announced that the Singapore High Court has approved the liquidation of Multichain Foundation, appointing KPMG’s Singapore branch as liquidators. Multichain’s Refusal to Cooperate Forced Sonic Labs’ Hand Sonic Labs CEO Michael Kong said the Singapore High Court has approved his firm’s application to liquidate Multichain Foundation. Kong revealed that the […]

Crypto’s lack of ‘frothy use case’ a good sign: WisdomTree exec
Categories
Uncategorized

Jason Guthrie, head of product at asset manager WisdomTree, says he’s optimistic despite a noticeable lack of hype that typically comes along with a crypto bull run.  There hasn’t been a “really frothy use case that has typically driven these market cycles previously,” such as initial coin offerings (ICOs), non-fungible tokens (NFTs), or DeFi lending, […]

Crypto’s lack of ‘frothy use case’ a good sign: WisdomTree exec
Categories
Uncategorized

Jason Guthrie, head of product at asset manager WisdomTree, says he’s optimistic despite a noticeable lack of hype that typically comes along with a crypto bull run.  There hasn’t been a “really frothy use case that has typically driven these market cycles previously,” such as initial coin offerings (ICOs), non-fungible tokens (NFTs), or DeFi lending, […]

Chinese Textile Company Addentax to Acquire $800 Million in BTC and Trump Tokens
Categories
Uncategorized

Addentax Group Corp, a Chinese textile and apparel company, announced plans to acquire up to 8,000 bitcoins and other digital assets, including the memecoin TRUMP, by issuing shares of common stock. Addentax Group to Bring Crypto Influencers on As Shareholders Chinese textile and apparel company Addentax Group Corp. announced on May 15 that it has […]

DOJ charges 12 more gamer-turned $263M Bitcoin robbers
Categories
Uncategorized

Another 12 people have been charged for their involvement in a $263 million crypto crime spree that stole 4,100 Bitcoin from a Genesis creditor last August, along with a string of break-ins and money laundering.  The 12 new names, included in a superseding indictment, add to charges originally brought against the main defendant in the […]

Franklin Templeton Launches Singapore’s First Tokenized Fund for Retail Investors
Categories
Uncategorized

Franklin Templeton has received approval from Singapore’s central bank to launch a tokenized money market fund, the first of its kind for retail investors in the country. The move marks a significant step in integrating blockchain with traditional finance. Regulatory Greenlight for Blockchain-Based Money Market Fund by Franklin Templeton Franklin Templeton has secured regulatory approval […]