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What is the FIFA blockchain? In May 2025, FIFA announced the launch of a dedicated layer-1 blockchain utilizing Avalanche’s Subnet technology. This transition marks a departure from its previous use of the Algorand blockchain, which had powered FIFA’s initial ventures into Web3, including the FIFA Collect NFT marketplace launched ahead of the 2023 Club World Cup in Saudi Arabia. The new blockchain is designed to serve as the new infrastructure for FIFA’s blockchain-based products, such as digital collectibles and games, offering enhanced performance, scalability and user experience.Did you know? FIFA, the global governing body of football, was founded on May 21, 1904,…
Ethereum-based non-fungible token (NFT) collection Moonbirds saw a resurgence in market activity following the sale of its intellectual property (IP) to blockchain game development studio Orange Cap Games. On June 6, data from NFT data aggregator CryptoSlam revealed that Moonbirds reached a weekly sales volume of over $2 million, up 2,525% from the previous week. For monthly volumes, the collection had surpassed its sales performance for all of May by June 6. In June, the collection has sales of around $1.4 million so far, up 43% from May’s $900,000. Moonbirds also reached over 1,000 transactions in the last seven days, a 877%…
Strategy, the world’s largest corporate Bitcoin holder, plans to raise nearly $1 billion through a stock offering to fund additional Bitcoin purchases.The company, led by executive chairman Michael Saylor, plans to issue 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock at a public offering price of $85 per share.Strategy estimates raising about $979.7 million from the net proceeds after deducting the underwriting discounts and commissions for the firm’s offering expenses, according to a June 6 announcement.The company plans to use the almost $1 billion for “general corporate purposes, including the acquisition of Bitcoin and for working capital.”Strategy announces…
Strategy, the world’s largest corporate Bitcoin holder, plans to raise nearly $1 billion through a stock offering to fund additional Bitcoin purchases.The company, led by executive chairman Michael Saylor, plans to issue 11,764,700 shares of 10.00% Series A Perpetual Stride Preferred Stock at a public offering price of $85 per share.Strategy estimates raising about $979.7 million from the net proceeds after deducting the underwriting discounts and commissions for the firm’s offering expenses, according to a June 6 announcement.The company plans to use the almost $1 billion for “general corporate purposes, including the acquisition of Bitcoin and for working capital.”Strategy announces…
Ten years in Bitcoin can feel like an eternity. Just ask Sergej Kotliar, Founder and CEO of Bitrefill, who recently celebrated a decade of turning Bitcoin into something you can actually use in your everyday life. “We started Bitrefill back in 2014,” Sergej reflects, thinking back to the early excitement around Bitcoin. “The promise of internet money as a workaround to how cumbersome money was online motivated me. Imagine sending money as easily as sending an email. That’s still the vision driving us today.” Bitrefill has evolved from a straightforward gift card provider into a full-fledged e-commerce powerhouse, allowing Bitcoiners…
European lawmakers have yet to define “decentralization,” even as regulators begin preparing for decentralized finance (DeFi) to become a key focus of crypto policy in 2026.The world’s first comprehensive regulatory framework for the crypto industry, the Markets in Crypto-Assets Regulation (MiCA), went into effect on Dec. 30, 2024. Among its aims are to boost investor protection, prevent fraud and address stablecoin reserve management.Still, as MiCA enters its final implementation phase, policymakers are shifting their attention to regulating DeFi, where many questions remain unresolved, according to Vyara Savova, senior policy lead at the European Crypto Initiative (EUCI).Speaking during Cointelegraph’s Chain Reaction…
On June 3, 2025, Crypto.com’s derivatives division filed a lawsuit against the Nevada Gaming Control Board (NGCB) in the U.S. District Court for Nevada. The complaint centers on the regulator’s decision to block the company from offering derivative contracts tied to sporting events. According to Crypto.com, the NGCB’s actions were based on a “mistaken premise” that these financial products, traded on the federally regulated North American Derivatives Exchange, fall under Nevada’s gaming laws https://news.worldcasinodirectory.com/federal-judge-sides-with-kalshi-in-nevada-prediction-market-dispute-117930. The company argues that the Commodity Futures Trading Commission (CFTC) holds exclusive jurisdiction over such derivatives under the Commodity Exchange Act, a position supported by recent…
Can Bitcoin’s 21-million limit survive quantum and cross-chain pressures? The 21-million Bitcoin limit is one of the most iconic features of the protocol — a hard-coded cap that defines its scarcity, value proposition and appeal as “digital gold.” But what happens if that system is threatened from two sides: by powerful quantum computers on one end and by increasing demand for cross-chain Bitcoin utility on the other?Short for quantum-resistant asset mapping protocol, QRAMP is a framework proposed in early 2025 by Bitcoin developer Agustin Cruz. It’s designed to do two things at once: protect Bitcoin from future quantum attacks and…
JPMorgan Chase, the largest bank in the U.S. and one of the most powerful institutions in global finance, is going deeper into Bitcoin. The bank is reportedly going to allow wealthy clients to use shares of Bitcoin ETFs—specifically BlackRock’s iShares Bitcoin Trust (IBIT) — as collateral for loans. This is a big move from the Wall Street giant and a sign of how traditional finance is changing the way it treats bitcoin. According to a Bloomberg report, JPMorgan will let trading and wealth-management clients borrow money using digital asset ETFs like IBIT as collateral—the same way clients might use stocks,…
Update (June 6, 2025, 1:20 pm UTC): This article has been updated to add commentary by Kraken’s UK General Manager, Bivu Das.The United Kingdom’s Financial Conduct Authority (FCA) has proposed lifting its ban on offering cryptocurrency exchange-traded notes (ETNs) to retail investors.In a June 6 announcement shared with Cointelegraph, the FCA said the proposed change would allow individual consumers to access crypto ETNs, provided they are listed on an FCA-recognized investment exchange.“We want to rebalance our approach to risk, and lifting the ban would allow people to make the choice on whether such a high-risk investment is right for them,…