Author: Rachel Lourdesamy

Strategy, formerly known as MicroStrategy, has acquired another 705 Bitcoin for US$75.1 million (AU$116.1 million) between 26 May and 1 June 2025 at an average price of US$106,495 (AU$164,641) per coin. The latest purchase brings the company’s total Bitcoin treasury to 580,955 BTC, worth more than US$60 billion (AU$92.76 billion…

Twenty-five young people, including six minors, have been charged in France in connection with a coordinated series of violent attacks and kidnappings targeting wealthy individuals in the cryptocurrency sector. The focal point of the investigation is the attempted kidnapping of the family of Paymium CEO Pierre Noizat on 13 May…

The Ethereum Foundation (EF) has taken a major step forward in decentralised finance (DeFi) by borrowing US$2 million (AU$3.11 million) in GHO stablecoin from the Aave protocol, signalling a shift away from its previous reliance on ETH sales for funding. In an X post on 29 May…

The Trump Administration has officially rescinded Biden-era guidance from the Department of Labor (DOL) that urged employers to exercise “extreme care” before offering cryptocurrency investments as an option to workers in their 401(k) retirement plans. While not an outright ban, the 2022 guidance warned fiduciaries that they could be held liable for losses incurred by

Elon Musk has taken the next step in transforming X (formerly known as Twitter) into a multifunctional super app, with the quiet rollout of X Money’s limited beta test now underway. Responding to an X post by Tesla Owners Silicon Valley, an Elon Musk and Tesla fan account…