Short News
522 articles
Short News$57M in USDC Frozen by Circle Amid LIBRA Token Lawsuit
Circle has frozen two wallets holding $57 million in USDC following a U.S. federal court order tied to a class-action lawsuit involving the LIBRA memecoin. The freeze comes as part of an ongoing legal battle over the controversial token. A court hearing is scheduled for June 9 to determine whether the funds will remain frozen. …
Elena R·29 May 20251 min
Metaplanet Bets Bigger on Bitcoin with $21M Zero-Interest Bond Raise
Metaplanet has issued another $21 million in zero-interest bonds to buy more Bitcoin, strengthening its commitment to the digital asset. This bold move enables the company to expand its BTC holdings without incurring any interest, demonstrating confidence in Bitcoin’s long-term potential. As traditional financial strategies face growing uncertainty, Metaplanet is turning to crypto as a …
Qadir AK·29 May 20251 min
Jetking Buys More Bitcoin, Now Holds 21 BTC
Jetking has added 5.98 BTC to its holdings for $617,143 at an average price of $110,975 per Bitcoin. This brings its total Bitcoin stash to 21 BTC, acquired for approximately $1.59 million at an average of $75,081 per BTC. As of May 28, 2025, Jetking has achieved a strong year-to-date Bitcoin yield of 31.05%, reflecting …
Qadir AK·28 May 20251 min
Short NewsGameStop Buys $512 Million in Bitcoin, Adding 4,710 BTC to Its Holdings
GameStop ($GME) has purchased 4,710 Bitcoin, worth approximately $512 million, marking a major investment in cryptocurrency. This move signals the company’s growing interest in digital assets and diversification beyond its traditional retail business. By adding Bitcoin to its portfolio, GameStop joins other major companies embracing crypto as part of their financial strategy. The purchase highlights …
Zameer Attar·28 May 20251 min
Telegram Raises $1.5B in Bonds to Pay Off Debt
Telegram is planning to issue $1.5 billion in five-year bonds with a 9% interest rate to repay its 2021 debt. Major investors like BlackRock, Mubadala, and newcomer Citadel are backing the deal. The bonds come with an option for investors to convert them into equity at a discount if Telegram goes public. This move aims …
Qadir AK·28 May 20251 min
Short NewsZachXBT Calls Out James Wynn Over Token Scam Allegations
ZachXBT has strongly denied James Wynn’s claim that a conspiracy group is using his name to launch scam tokens at price peaks. He accused James of repeatedly running similar meme coin scams on his own followers over the years. Back in July 2024, Dylan accused James of getting 2% of the Babypepe token supply and …
Zafar Naik·28 May 20251 min
SEC Advances Review of WisdomTree XRP Spot ETF Proposal
The SEC has officially moved forward in reviewing Cboe BZX Exchange’s proposal to list the WisdomTree XRP Fund. This fund aims to track XRP’s spot price using the CME CF Ripple-Dollar Reference Rate. The SEC has entered a new evaluation phase to decide if the fund meets legal standards under the Securities Exchange Act of …
Qadir AK·28 May 20251 min
Sui Community Approves Return of $162M in Stolen Cetus Funds
The Sui community has voted to return stolen assets from the Cetus Protocol, with nearly 53% supporting the proposal. Following the decision, a multisig wallet managed by the Sui Foundation and OtterSec will recover and transfer approximately $162 million in frozen funds from the attacker’s address. This action is a key step toward rebuilding trust …
Zameer Attar·28 May 20251 min
Short NewsJack Dorsey’s Block to Launch Bitcoin Payments on Square by 2026
Jack Dorsey’s company, Block, Inc., plans to let Square merchants accept Bitcoin payments using the Lightning Network. Announced at the Bitcoin 2025 conference, the rollout will start in late 2025 and expand to all eligible sellers by 2026, pending regulatory approval. Merchants can choose to keep the Bitcoin or automatically convert it to cash instantly. …
Qadir AK·28 May 20251 min