Cryptocurrency: Panama Approves Tax Payments
Panama City allows $BTC, $ETH, USDC, and USDT for taxes, collaborating with a bank for instant USD conversion. #Update #Crypto $BTC (+4) ↗
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Funding Boost Resolv Labs Secures $10M
@ResolvLabs secures $10M seed funding led by Cyber.Fund and Maven11 to enhance profit strategies and blockchain integration. #Update #Crypto (+6) ↗
China Sells Confiscated Crypto Boosts Budget
China is selling confiscated cryptocurrencies through private firms to supplement its state budget despite a trading ban, raising legal and ethical concerns. #Update #Crypto $BTC (-3) ↘
Tether Invests in Startup Fizen
@Tether_to invests in fintech @Fizen to enhance self-custody solutions and stablecoin utilization, fostering innovative crypto wallet technologies across multiple blockchain ecosystems. #Update #Crypto (+6) ↗
Gate.io Launches $5M Contest Win Mustang
@Gate_io launches WCTC S7 with a $5M prize pool and a Ford Mustang GT, open to teams and individuals until June 8, 2025. #Update #Crypto (+3) ↗
Bitcoin: Metaplanet’s $26M Investment Milestone
@Metaplanet has acquired 319 $BTC for approximately $26.4M, increasing its total Bitcoin holdings to 4,525 BTC as of April 2025. #Breaking #Crypto $BTC (+8) ↗
Crypto Legislation Predicted by August
The U.S. Senate Banking Committee plans to pass a cryptocurrency regulation bill by August 2025, with bipartisan support focusing on stablecoins to enhance U.S. dollar dominance. #Update #Legal (+3) ↗
Crypto Miners Face Fines by Democrats
U.S. Senate Democrats propose the Clean Cloud Act of 2025, mandating Bitcoin miners and AI data centers transition to renewable energy by 2035, facing Republican opposition. #Update #Legal (+3) ↗
Crypto News: CZ Denies Testifying Rumors
Changpeng Zhao (@cz_binance) denies The Wall Street Journal’s claims of agreeing to testify against Justin Sun, calling them false and politically motivated. #Update #Legal (+3) ↗
Google AI Infrastructure Update Unveiled
@Google unveils AI infrastructure updates at Google Cloud Next 25, enhancing TPU technology and introducing the Agent2Agent protocol for seamless AI data exchange. #Update #AI @Google (+6) ↗
AI Fraud Scandal ExNate CEO Accused
Albert Saniger, ex-CEO of @Nate, charged with fraud for misleading $51M AI tech claims; faces up to 40 years in prison. #Breaking #Legal (-9) ↘
BlackRock Secures $3B Digital Assets Boost
@BlackRock attracted $3 billion in digital assets during Q1 2025, reflecting a strategic focus on digital investments and marking 0.5% of its total AUM at $50.3 billion. #Update #Crypto (+6) ↗
Cryptocurrency Payments Proposed for NY Fines
New York State Assembly member Clyde Vanel proposes a bill allowing state agencies to accept $BTC, $ETH, $LTC, and $BCH for fines and taxes. #Update #Legal $BTC (+4) ↗
Cryptocurrency Legalization Proposed in North Carolina
North Carolina introduces the “Digital Asset Freedom Act” to accept cryptocurrencies for tax payments, setting strict criteria for digital assets. #Update #Legal $BTC (+6) ↗