GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin for $513 million, according to a statement posted May 28 on the company’s X account. The announcement is GameStop’s first publicly acknowledged Bitcoin (BTC) purchase since the company disclosed plans to move into Bitcoin investment in March. … Read more
Video game retailer GameStop (GME) has purchased 4,710 bitcoin, worth nearly $513 million at the time of writing. GameStop announced the purchase on X on Wednesday but did not offer further details about when the BTC were acquired or the price paid. The Grapevine, Texas-based company revealed its plans to pursue a bitcoin treasury strategy … Read more
Video game retailer GameStop purchased 4,710 BTC, worth $512 million, on Wednesday, establishing a corporate Bitcoin reserve.
By James Van Straten (All times ET unless indicated otherwise) Since May 22, bitcoin (BTC) has been trading within a narrow 5% range between $106,600 and $111,700, despite a flurry of bullish developments, including the announcement that Trump Media will raise $2.5 billion through equity and bond sales to fund a bitcoin treasury strategy. This … Read more
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The Open Network Foundation (TON Foundation) has appointed former Visa executive Nikola Plecas as its new vice president of payments. Plecas will be responsible for shaping and executing TON’s payment infrastructure strategy, the company said in a May 28 blog post. He is tasked with expanding the network’s capabilities, managing financial partnerships, and ensuring compliance … Read more
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Swiss crypto bank AMINA Bank AG, formerly SEBA Bank AG, reported record financial results for 2024, with revenue climbing 69% year-over-year to $40.4 million. The bank also saw its assets under management (AUM) rise by 136% to $4.2 billion, driven by institutional demand and strategic expansion, according to a May 28 news release. The Zurich-based … Read more
One UI 8 includes updates to Quick Share and the Reminder app. Samsung has launched its beta test of One UI 8, the company’s customized take on Android 16. The beta is available now on the Galaxy S25, Plus, and Ultra — though strangely not the new S25 Edge — for users in the US, … Read more
BlackRock, one of the world’s largest Bitcoin holders, is reportedly participating in a bond raise by crypto-friendly messenger Telegram. Telegram is expected to raise at least $1.5 billion in a bond issue on May 28, with support from existing backers like BlackRock and Abu Dhabi’s investment firm Mubadala, The Wall Street Journal reported. As part … Read more
UNDER EXPOSED brings you coverage of the biggest macro news of the week impacting crypto and broader markets, with a focus on the newest trends, trades and narratives. Join hosts TylerD, Deeze, Geebz and Peter Jennings as they have longer conversations on the hottest sectors in crypto and NFTs, what is moving markets and what … Read more
All Thibault Launay and his wife Simi wanted nearly five years ago was to build a dream home in Portugal, where they both now live. But what they encountered instead was a broken system. “Fourteen months of delays, 20% budget overruns, and endless stress managing over 10 subcontractors,” Thibault recalled. They bought the land in … Read more
Ripple, the blockchain company behind XRP, argued that fungible cryptocurrencies are not securities when transferred in secondary transactions in a recent letter sent to the US Securities and Exchange Commission (SEC). In its May 27 letter, Ripple cited US attorney and crypto law thought leader Lewis Cohen to support its claim. In his widely cited … Read more
Cardano has continued to advance its credentials as a venue for Bitcoin Defi (BTCFi), facilitating a transfer of Ordinals to its mainnet. The on-chain transaction between Bitcoin and Cardano was facilitated by BitVMX, an interoperability protocol built using the BitVM programming language. The transaction was unveiled by Input | Output (IO), the creator of the … Read more
Key points: Bitcoin whales are adding to their BTC positions while price ranges below all-time highs. If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone. Hyperliquid trader James Wynn hints at large-volume traders shaping low-timeframe price performance. Bitcoin (BTC) may see support only at $94,000 if a fresh BTC … Read more
The operation to dismantle Matrix Chain saw “many elite officers and soldiers” working around the clock for 200 days.
Original Switch owners are only getting customizable controls. Nintendo is adding a trio of new features to the Switch Online versions of N64 games, but you’ll need a Switch 2 to get the full benefit. N64 titles on the new console will support the Rewind feature and CRT Filter, but the only upgrade coming to … Read more
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Ether ETH appears poised to surpass the $3,000 mark as it forms an “ascending triangle” pattern on the price chart. The ascending triangle is characterized by horizontal upper-bound resistance or supply point that repeatedly caps gains and an upward-sloping support … Read more
Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Since the start of this month, a growing divergence has emerged between bitcoin BTC and bitcoin-HODLer Strategy (MSTR). While bitcoin has climbed approximately 13%, nearing the $110,000 mark, MSTR shares have slipped 3%, trading around $372. This performance gap has become more pronounced … Read more
Opera’s new browser, called Opera Neon, will focus on AI workflows and performing tasks for you, like shopping, coding and generating reports.
At Our AI, we never use AI tools to directly generate articles. Instead, we use AI tools (ChatGPT Deep Research, as an example) to search for sources and assist us in our process of data synthesis. I’ve been writing for several years now, and I have since developed a particular fondness for the em-dash, a … Read more
Sui-based decentralized exchange Cetus may be one step closer to recovering funds lost in a recent exploit, pending the outcome of a community governance vote scheduled to end June 3. Cetus was exploited for over $220 million worth of digital assets on May 22. Shortly after the incident, Cetus managed to freeze $162 million of … Read more
We’re going to piss a lot of folks off with this, but hear us out: Digital advertising in 2025 is a pyramid scheme—and you’re not the villain for opting out. If you’ve ever felt a pang of guilt for running an ad blocker, that’s not your conscience talking… That’s conditioning from a broken, surveillance-based ad … Read more