DeepNewz
Blockchains
Ripple Expands UAE Presence With Zand Bank and Mamo After DFSA Approval for Blockchain Payments
Ripple has expanded its presence in the United Arab Emirates by onboarding Zand Bank and Mamo as its first blockchain payments clients in the region
People
Former Binance Executive and Blum Co-Founder Vladimir Smerkis Arrested in Moscow on May 16 Over $15 Million Fraud
Vladimir Smerkis, former head of Binance's CIS division and co-founder of the tap-to-earn game Blum, was arrested in Moscow on May 16 on charges of large-scale fraud
Markets
El Salvador's Bitcoin Holdings Surge to 6,180 BTC, Yielding $357M Profit Under President Bukele
El Salvador has increased its national Bitcoin holdings to over 6,180 BTC through daily accumulation, as part of its long-term crypto strategy
Blockchains
Panama City Mayor Considers Bitcoin Reserve After Meeting El Salvador Officials; Bukele Reports $357 Million Profit on $287 Million Bitcoin Investment
The mayor of Panama City has indicated plans to create a Bitcoin reserve following a meeting with officials from El Salvador, including Bitcoin advocates such as Max Keiser and Stacy Herbert
Markets
Bitcoin Hits Record Weekly Close Above $106,500 Amid ETF Inflows and Inflation Concerns
Bitcoin has surged to its highest weekly close ever, reaching above $106,500, surpassing its previous record set in January
Markets
Japan's Metaplanet Buys $104 Million More Bitcoin, Holdings Now 7,800 BTC Worth $812 Million
Japanese company Metaplanet has acquired an additional 1,004 Bitcoin, valued at approximately $104 million
Markets
Bitcoin Posts Highest Weekly Close Ever at $106,500
Bitcoin (BTC) has reached a new milestone by closing its highest weekly candle ever, marking an all-time high weekly close at $106,500
Blockchains
Singapore-Based Basel Medical Group Plans $1 Billion Bitcoin Acquisition via Share-Swap Amid 15% Share Price Drop
Basel Medical Group Ltd, a Singapore-based healthcare company listed on NASDAQ under the ticker BMGL, has announced plans to acquire $1 billion worth of Bitcoin through a share-swap deal with institutional and crypto investors
Markets
Bitcoin Market Cap Surpasses $2.1 Trillion as Solana Exceeds $90 Billion
Bitcoin's market capitalization has surpassed $2
