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bitcoinist.com Farage’s $6.7M Crypto-Linked Gift Raises Eyebrows After $1.8M Home Acquisition

A parliamentary ethics probe is now underway and focused on Nigel Farage, leader of the UK’s Reform Party, after reports surfaced that the government official bought a $1.8 million property weeks prior to entering office — a purchase made possible, at least in part, by a $6.7 million personal gift from a crypto billionaire. Related […]

news.bitcoin.com Blackrock Drives Bitcoin ETF Recovery as Trading Volume Surges to $2.76B

Bitcoin ETFs snapped back into positive territory on Thursday with $131 million in fresh inflows, signaling a renewed wave of institutional demand after two difficult sessions. Ether ETFs, however, remained under pressure with a fourth consecutive day of outflows, while XRP and solana products continued to attract steady capital. XRP ETFs Attract $18M as Regulatory […]

bitcoinist.com Farage’s $6.7M Crypto-Linked Gift Raises Eyebrows After $1.8M Home Acquisition

A parliamentary ethics probe is now underway and focused on Nigel Farage, leader of the UK’s Reform Party, after reports surfaced that the government official bought a $1.8 million property weeks prior to entering office — a purchase made possible, at least in part, by a $6.7 million personal gift from a crypto billionaire. Related […]

news.bitcoin.com Bitcoin Slides Below $79K as Trump’s Iran Threat Sends Oil Past $105

Bitcoin’s drop below $79,000 was driven by a sharp swing in global risk sentiment after the U.S.–China summit ended without progress and fresh Middle East tensions rattled markets. US-China Tech Cold War Intensifies Bitcoin plunged below the $79,000 mark for the second time in two days as investor sentiment shifted from optimism to caution after […]

bitcoinmagazine.com Abu Dhabi’s Mubadala Raises Bitcoin ETF Stake 16% to $566 Million in Q1 2026

Bitcoin Magazine Abu Dhabi’s Mubadala Raises Bitcoin ETF Stake 16% to $566 Million in Q1 2026 Mubadala Investment Company boosted its stake in BlackRock’s iShares Bitcoin Trust by 16% in Q1 2026. This post Abu Dhabi’s Mubadala Raises Bitcoin ETF Stake 16% to $566 Million in Q1 2026 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

bitcoinist.com Hyperliquid Policy Center Responds To ICE, CME’s Regulatory Pressure Push

The Washington, D.C.-based policy team for decentralized exchange Hyperliquid (HYPE) has moved quickly to address a new regulatory pressure campaign described in a Friday report by Bloomberg.  CME Group and Intercontinental Exchange (ICE) are reportedly lobbying the Commodity Futures Trading Commission (CFTC) and US lawmakers to push for federal oversight of the platform, arguing that […]

bitcoinmagazine.com Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future

Bitcoin Magazine Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future Cameron and Tyler Winklevoss announced a $100 million Bitcoin-funded investment into Gemini alongside a Q1 earnings report showing 42% year-over-year revenue growth. This post Gemini Stock Jumps After Winklevoss Twins Make $100M Bitcoin Bet on Company Future first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

bitcoinist.com South Korea’s Hana Bank Makes History With $670 Million Bet In Top Crypto Exchange

Hana Financial Group, one of South Korea’s four largest banking conglomerates, announced on May 15 that its flagship Hana Bank has approved the purchase of a 6.55% stake in Dunamu — the operator of Upbit, South Korea’s dominant crypto exchange — from Kakao Investment for approximately 1 trillion Korean won, equivalent to roughly $670 million, […]

forklog.media Bitcoin Mining Difficulty Rises by 3.12%

On May 15, following the latest adjustment, the mining difficulty of the leading cryptocurrency increased by 3.12%, reaching 136.61 T. Source: CloverPool. This metric is approximately 8% lower than at the start of the year and more than 12% below the historical peak of 155.97 T recorded in October. This year, difficulty has increased in only four out of ten adjustments. At the time of the latest change, the hash rate exceeded 1 ZH/s for the first time since February. According to Glassnode, the smoothed 7-day moving average of the network's computational power is around 994.6 EH/s.  Source: Glassnode. Among mining pools, Foundry USA leads with a 28.7% share of the global hash rate, followed by AntPool (17.2%) and ViaBTC (11.3%). Source: CloverPool. TheMinerMag calculated that in the first quarter, the mining capacity of the top 10 public companies in the industry slightly decreased from 297 EH/s to 291 EH/s. However, experts noted a significant redistribution of hash rate behind this relative stability. Core Scientific, IREN, Cipher Digital, TeraWulf, and Keel Infrastructure sharply reduced their shares, actively diversifying towards AI services. Conversely, Bitdeer, MARA, and American Bitcoin aggressively expanded, occupying the vacated space in the mining market. Source: TheMinerMag. According to Hashrate Index, amid the rising difficulty, the hash price fell to ~$36.6 per PH/s per day. Additional pressure on the primary profitability metric of mining was exerted by Bitcoin's drop below $80,000. Over the past day, the asset's price decreased by ~2.4% (CMC). Source: Hashrate Index. In March, Wintermute experts stated that the traditional business model of miners is becoming obsolete due to declining profitability.

news.bitcoin.com Flare Adds MXRPY Vault Targeting 3% to 4% as XRPFi Yield Options Expand

Monarq, Flare, and Upshift have launched MXRPY, a managed multi-strategy yield vault for XRP holders on the Flare network. Managed Yield Product for XRP Holders Monarq, Flare, and Upshift have introduced MXRPY, a managed multi‑strategy XRP yield vault designed to give XRP holders diversified returns through a single product. The Monarq XRP Yield Vault allows […]

btcmanager.com RedStone’s settlement layer is the first serious attempt to make tokenized RWAs real DeFi collateral

RedStone’s new “Settle” layer is the first sober attempt to fix DeFi’s RWA paradox. RedStone has launched “RedStone Settle,” a dedicated DeFi settlement layer built to make tokenized real‑world assets usable as collateral in lending protocols, targeting roughly $30 billion…

cryptobriefing.com Israel deploys Iron Dome batteries to UAE amid Iran conflict, deepening Abraham Accords security ties

The deployment strengthens UAE-Israel security ties, potentially boosting economic collaboration but raises regional stability concerns for investors. The post Israel deploys Iron Dome batteries to UAE amid Iran conflict, deepening Abraham Accords security ties appeared first on Crypto Briefing.

forklog.media IREN Secures $3 Billion for AI Infrastructure Expansion

Bitcoin miner and data centre operator IREN has completed the issuance of convertible senior notes amounting to $3 billion. The initial offering was set at $2.6 billion, but buyers fully exercised the option for additional notes worth $400 million. The company's net proceeds after deducting fees amount to $2.96 billion. The bonds carry a coupon rate of 1% per annum and mature in 2033. The conversion premium is set at 32.5%. The instrument was privately sold to institutional investors. Approximately $201 million of the proceeds were allocated to "capped call" transactions, a hedging mechanism designed to protect shareholders from dilution when the bonds are converted into shares. The remaining funds will be used for working capital and general corporate purposes. IREN is developing infrastructure for cloud computing and artificial intelligence. The company owns data centres and a fleet of GPUs in North America, Europe, and the Asia-Pacific region. Miners Shift to AI According to TheEnergyMag, the total hashrate of the Bitcoin network in the first quarter declined from 985 EH/s to 873 EH/s. The drop in activity is linked to major mining companies shifting focus to infrastructure for artificial intelligence and high-performance computing (HPC). The most significant declines were recorded by IREN (from 42.96 EH/s to 35.83 EH/s) and Keel Infrastructure (from 16.52 EH/s to 11.51 EH/s). The company Cipher Digital completely halted operations at the Black Pearl site to repurpose it for AI needs. Core Scientific also confirmed plans to scale back mining. By the end of the year, the company will have no more than two cryptocurrency mining sites. In the first quarter, Core Scientific wrote off assets worth $266.5 million, with more than half attributed to mining equipment. Some players have seized the opportunity to expand their market share. Riot Platforms increased its hashrate to 42.29 EH/s, while Bitdeer reached 50.26 EH/s. American Bitcoin boosted its capacity to 28.1 EH/s, using Bitcoin collateral instead of cash to purchase new devices. Previously, miners would shut down devices due to falling prices or high electricity costs, but now they are abandoning Bitcoin mining in favour of AI due to more stable profitability and financing conditions. Data centres repurposed for GPUs are unlikely to return to mining in the near future, concluded TheEnergyMag. Earlier, TeraWulf reported first-quarter revenue of $34 million, with approximately $21 million generated from HPC services.

blockonomi.com Hackers Behind RoaringKitty X Breach Linked to $14M Memecoin Scam Network

The RoaringKitty X hack on May 11 generated $600K+ profit via a bundled $RKC Solana memecoin dump. Specter linked 12 wallets holding $14M+ to prior bundled token scams including $USOR and $VDOR. The Matt Furie and WinRAR X hacks are tied to the same group through shared fee and bridge wallets. The threat group spans [...] The post Hackers Behind RoaringKitty X Breach Linked to $14M Memecoin Scam Network appeared first on Blockonomi.

bitcoinist.com Here’s An Estimate Of How Much Strategy Would Make On Its Bitcoin Holdings If Price Rises 30% Each Year

Strategy, the world’s first and largest Bitcoin Treasury led by its founder Michael Saylor, recently resumed its weekly BTC buying spree after pausing purchases ahead of its earnings call on May 5. With the company now in buying mode, Saylor predicts Bitcoin’s price will rise 30% annually over the next 20 years. If that happens, […]

bitcoinmagazine.com The Trump Family Trust Bought Bitcoin-Linked Stocks in First Quarter: Filing

Bitcoin Magazine The Trump Family Trust Bought Bitcoin-Linked Stocks in First Quarter: Filing The Trump family trust disclosures show purchases of Coinbase, MARA and Strategy shares in Q1 2026 as the administration advances a more crypto-friendly policy agenda. This post The Trump Family Trust Bought Bitcoin-Linked Stocks in First Quarter: Filing first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

news.bitcoin.com ZachXBT Says 95% of LAB Token Is Insider-Controlled as Investigation Exposes Multi-Front Retail Rug

Onchain investigator ZachXBT has published a sweeping investigation into LAB, an AI trading terminal project with a $6 billion fully diluted valuation, alleging insiders control more than 95% of the token supply while running at least four simultaneous mechanisms to extract value from retail participants. A $6 Billion Project Built on Hidden Supply LAB launched […]