Crypto
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Blockchain thriving among Fortune 500 companies, but US lags — Coinbase
Coinbase’s fourth annual corporate adoption report found that Fortune 500 companies and small businesses are adopting blockchain technology. Source link
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McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge. Source link
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Riot acquires 13% Bitfarms stake as CEO decries ‘poison pill‘ strategy
Bitfarms’ stock price on the Nasdaq has increased more than 56% in the last 30 days amid Riot Platforms’ attempt at a takeover. Source link
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Eigen Labs acquires Rio Restaking, opens LRT code
The Eigen Foundation is acquiring Rio Network’s intellectual rights and will open-source its liquid restaking token as a reference implementation in the EigenLayer ecosystem. Source link
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MoonPay announces PayPal fiat on-ramp for UK and EU
MoonPay noted that PayPal is the third most commonly used payment option in the United States, behind Apple Pay and traditional bank cards. Source link
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Circle announces Solana programmable wallets, gas station
Circle is adding support to the Solana blockchain, enabling integration across its Web3 features in two phases. Source link
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BTC price shoots up $1.5K in seconds as US CPI shows inflation slowing
Bitcoin comes charging back after a single U.S. macro data print reverses days of BTC price declines. Source link
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Stablecoin act gives Congress alternative to overriding Biden’s SAB 121 veto
President Joe Biden’s veto of the SAB 121 repeal was a blow for the crypto community. Can the U.S. Congress override the veto with broad bipartisan support? Source link
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Citron no longer short on GME, cites ‘market’s irrationality’
The announcement comes shortly after GME stock rose above the $30 mark. Source link
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3 reasons why Pepe poised for another 70% jump by July
PEPE’s rising wedge pattern, rising whale accumulation and increasing rate cut bets could boost the memecoin’s price in June. Source link
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