💥 Peter Schiff (ardent BTC hater) will speak at the Bitcoin conference in Las Vegas... (May 27-29)

@flapystar

Daily Recap – May 26

🇦🇪 Dubai's government has launched a pilot project to tokenize real estate using Ripple’s blockchain infrastructure.

🇵🇰 Pakistan has allocated 2,000 megawatts of electricity for Bitcoin mining and AI data centers — tax- and duty-free.

🤡 Donald Trump’s gala dinner for major TRUMP token holders turned out to be a disappointment.

🇪🇺 Trump has postponed increased tariffs on European Union goods until July 9.

🪙 Strategy has acquired 4,020 BTC for approximately $427 million at an average price of $106,237 per BTC.

💸 A class-action lawsuit has been filed against Coinbase and its executives over stock price declines following a data breach and compliance issues with the UK regulator.

🪙 Monero’s price soared above $410 — its highest since 2021.

🪙 Swiss watchmaker Franck Muller has released a limited edition — FRANCK MULLER 41MM SOLANA LIMITED EDITION.

🥊 China hosted its first humanoid robot fighting tournament.

☠️ crypto investor has been arrested in New York on charges of kidnapping and torturing an Italian citizen to extort access to his Bitcoin wallet.

⚡️ Trump Media Group, owned by Trump’s family, is seeking to raise $3 billion to invest in crypto.

📉 Crypto holder lost $2.6 million in stablecoins after falling twice in three hours for a “zero transfer” phishing scam.

🤖 ChatGPT has been trained to detect disinformation. You can now upload an instruction set and ask it to memorize the truth.

@flapystar

🤑 Tether’s close ally launches $2B Bitcoin-backed lending division

Cantor Fitzgerald, a major investment bank with strong ties to Tether (#USDT), has officially launched a new lending arm secured by Bitcoin.

📌 Key updates:
– FalconX has already received funding and plans to raise over $100 million under the program.
– Maple Finance confirmed receipt of the first tranche from the credit line.

💼 Background:
The former CEO of Cantor Fitzgerald is now the U.S. Secretary of Commerce. The company is currently run by his son — both have long-standing links to Tether.

@flapystar

⛔️ #XRP SEC postponed the decision on the application to launch Ripple ETF from WisdomTree

@flapystar

✈️ Telegram will raise $1.5 billion as part of the bond issue deal, with BlackRock, Mubadala and Citadel acting as investors.

@flapystar

❄️ Circle has frozen 57,000,000 USDC belonging to the team behind the scam project LIBRA.

@flapystar

Daily Summary, May 28

🔥 Experts say that Tether is preparing a blockchain for USDT called Plasma — raising $50 million at a $500 million valuation.

✈️ Telegram will raise $1.5 billion through a bond issuance deal — investors include BlackRock, Mubadala, and Citadel.

🇸🇻 The International Monetary Fund (IMF) announced that El Salvador will no longer buy BTC in the future.

🇷🇺 The Russian government is considering banning mining in the south of the Trans-Baikal Territory and Buryatia from July 1, 2025, to March 2031.

🪙 Sol Strategies (the Solana ecosystem's Strategy analogue) plans to raise another $1 billion to buy Solana for its balance.

😀 Former Visa top executive appointed Vice President of Payments at TON.

🪙 Jack Dorsey’s company Block will add BTC payment acceptance via the Square platform.

⚡️ GameStop bought 4,710 BTC for its company balance.

🇺🇿 Binance announced it will stop supporting transactions in Uzbek soms (UZS) on its P2P platform.

🤖 Telegram and Elon Musk’s xAI company agreed on a 1-year partnership to integrate Grok into Telegram.

⛔️ Hackers hacked the Cork Protocol project, stealing $12,000,000.

☠️ In Bangkok, “Madam Ngo,” involved in a $300 million crypto scam, was arrested — detained in a hotel with two bodyguards.

@flapystar

🇵🇰 Pakistan plans to create a strategic Bitcoin reserve

@flapystar

🇮🇳 The startup BuilderAI offered users the ability to create apps using an alleged artificial intelligence named "Natasha" — but it turned out that instead of AI, over 700 Indian programmers were manually writing the code, simulating the work of a neural network.

They earned nearly $500,000,000 this way, securing investments from Microsoft and other major players.

@flapystar

💰 Telegram has raised $1.7 billion through convertible bonds — the funds will be used to repay existing debt and extend the debt maturity.

@flapystar

🪙 Clever marketing by Gemini: at the Bitcoin conference in Las Vegas, the exchange mines BTC using a Tesla Cybertruck.

An impressive ad and a subtle nod to energy independence.

@flapystar

🇵🇰 Binance and Pakistan’s Ministry of IT have launched a blockchain program to train 80,000 students and 300 teachers across more than 20 universities. The program supports the government’s digital strategy and aims to prepare specialists for the tech industry.

Previously, we reported that Pakistan plans to create a strategic Bitcoin reserve

@flapystar

🇨🇳 Chinese media report that the Chinese government has announced new restrictions for the crypto community — now the regulator bans not only trading and mining of cryptocurrencies but also private ownership of digital assets such as Bitcoin.

The ban most likely reflects the authorities’ desire to strengthen control over finances and promote the digital yuan (CBDC).

@flapystar

Daily Recap – May 30

🪙 SEC Drops Lawsuit Against Binance
The U.S. Securities and Exchange Commission (SEC) has officially withdrawn its lawsuit against the Binance exchange.
Source

🍒 Trader James Wynn Liquidated for $100M
The notorious gambler-trader James Wynn, who had gained attention over the past week, was liquidated for 949 BTC (approx. $100 million). He later re-entered a $46 million long position on Bitcoin.
Source 1 | Source 2 | Source 3

🗿 Ethena Chooses STON․fi for USDe Pools on TON
Ethena selected STON․fi to create and manage USDe liquidity pools on the TON blockchain. Users can now interact with the token—swap, stake, and provide liquidity—through a unified app interface.
Source

🗽 SEC: Staking Is Not a Securities Transaction
The SEC issued a statement clarifying that staking in Proof-of-Stake (PoS) blockchains is not considered a securities transaction.
Source

🪙 China Considers Bitcoin a Strategic Reserve Asset
China has begun to treat Bitcoin as a potential strategic reserve asset.
Source

🇫🇷 PSG Football Club Adopts Bitcoin as Reserve Asset
Paris Saint-Germain (PSG) announced that it is now accepting Bitcoin as a reserve asset.
Source

🇺🇸 US Court Temporarily Reinstates Trump Tariffs
A U.S. appellate court has temporarily reinstated the Trump-era tariffs.
Source

🇵🇦 Panama City Mayor Proposes Priority Access to Canal for BTC Payments
The mayor of Panama City proposed giving priority access to the Panama Canal for ships that pay in Bitcoin.
Source | Cointelegraph

🇰🇿 Kazakhstan Stock Exchange Signs Deal with Solana
The Astana International Exchange (AIX) has signed an agreement with Solana Foundation and DEX Jupiter, enabling companies to conduct dual IPOs and tokenized share offerings on the Solana network.
Source | SolanaFloor

🇹🇭 Thai Regulator to Block Bybit, OKX and Others
Thailand’s financial regulator plans to block access to unlicensed exchanges, including Bybit and OKX.
Source

🇨🇿 Czech Justice Minister Resigns Over $45M BTC Gift
Czech Justice Minister resigns following revelations he received a gift in Bitcoin worth over $45 million.
Source | Bloomberg

⚔️ Trump Accuses China of Violating Trade Agreements
Donald Trump accused China of breaching trade deals with the United States.
Source

🇵🇰 Binance & Pakistan Launch Blockchain Education Program
Binance and Pakistan’s Ministry of IT launched a blockchain training initiative for 80,000 students and 300 instructors across 20+ universities.
Source

🇨🇳 China Bans Private Ownership of Crypto
The Chinese government has introduced new restrictions on the crypto sector, banning not just trading and mining but also private ownership of digital assets like Bitcoin.
Source

@flapystar

🪙 The Ethereum Foundation is laying off some employees and renaming its research division to "Protocol" in order to focus on network scaling, blobspace (reducing transaction costs), and improving user experience.

@flapystar