GameStop has wrapped up a $1.5 billion convertible senior note sale, confirming plans to use part of the proceeds to purchase Bitcoin for its corporate treasury. The video game retailer disclosed the move in a filing with the U.S. Securities and Exchange Commission (SEC) on Tuesday. The offering, originally announced last week with a $1.3…
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Two Crypto-Friendly Republicans Win Florida Special Elections
Crypto political action committee (PAC) Fairshake-backed Republicans have secured US House seats after winning special congressional elections in Florida. Two pro-crypto candidates Jimmy Patronis and Randy Fine have secured victories in Florida’s 1st and 6th Congressional Districts. Though these districts have been led by Republicans for three decades, there has been a substantial decrease in…
Crypto Prices in Flux Ahead of Trump’s ‘Liberation Day’ Tariffs
Cryptocurrency markets are on edge as traders brace for the rollout of former President Donald Trump’s so-called “Liberation Day” tariffs, scheduled for Wednesday and Thursday. Bitcoin prices rose modestly on Tuesday, but analysts say the outlook remains highly uncertain. Shivam Thakral, CEO of India’s crypto exchange BuyUcoin, said in a note to Cryptonews that Trump’s…
UK Trade Associations Urge Special Crypto Envoy Appointment and Action Plan
A coalition of leading UK trade associations has called on Prime Minister Keir Starmer’s government to appoint a special envoy for crypto and develop a comprehensive action plan to support the digital assets and blockchain sector. In a recent letter addressed to Varun Chandra, Starmer’s special adviser on business and investment, six UK digital economy…
Sony Singapore Integrates USDC Payments Through Crypto.com
Sony’s online store in Singapore now lets shoppers pay with USDC, following a new integration with Crypto.com. Starting this week, those browsing the Sony Store Online in Singapore can now pay in USDC, a stablecoin pegged to the US dollar, using Crypto.com Pay. The move, announced on Wednesday by Sony Electronics Singapore (SES) and Crypto.com,…
US SEC, Gemini File Joint Motion to Pause Civil Legal Battle for 60 Days
Billionaire Winklevoss twins may soon resolve a civil case with the US SEC over its unregistered Gemini Earn lending program. Gemini Trust and the Securities and Exchange Commission (SEC) have jointly filed a motion on Tuesday, requesting to push all deadlines in the case for 60 days. The time requested would allow the parties to…
Longtime Blockchain Association CEO Kristin Smith Steps Down to Join Solana-Backed Policy Group
Kristin Smith, one of Washington’s most influential crypto advocates, is stepping down as CEO of the Blockchain Association after five years at the helm. Her last day will be May 16. Three days later, she will start her new role as President of the Solana Policy Institute. The institute is a newly formed group focused…
Metaplanet Adds Another 160 BTC to Treasury, Pushing Holdings to 4,206 BTC
Metaplanet said Wednesday that it has added another 160 Bitcoin to its corporate treasury, continuing its aggressive accumulation strategy and bringing its total holdings to 4,206 BTC. The Tokyo-listed firm disclosed the latest purchase on Wednesday, noting the acquisition cost approximately 1.998b yen—roughly $13.2m—at an average price of 12.4m yen($82,680) per Bitcoin. This latest buy…
South Korean Police Launch International Manhunt for ‘OTC USDT Thieves’
South Korean police are hunting for three foreign nationals accused of fleeing the country after stealing 240 million won ($163,000) in cash as part of an OTC USDT trade. Officers in Incheon said one of the suspects is a Russian national, while the other two are from Kazakhstan, News1 and TV Chosun reported. Incheon Seobu…
South Korean 7-Eleven Branches to Accept CBDC Payments from June
The convenience store giant 7-Eleven has announced that all of its South Korean branches will begin accepting the nation’s CBDC as payment starting in June. Per Enews Today, the firm is the latest to step up its involvement in the Bank of Korea (BOK)’s digital won pilot. 7-Eleven: CBDC Adoption Expands The retail giant is…









