- Trump Media & Technology Group plans to raise $3 billion for investments in cryptocurrencies, including Bitcoin. Of this, $2 billion will come from new shares and $1 billion from convertible bonds. This move is part of President Trump’s strategy to turn the U.S. into the global crypto capital.
- GameStop announced the purchase of 4,710 bitcoins worth approximately $513 million, marking its first major investment in cryptocurrency. This reflects the growing corporate interest in digital assets.
- At the Bitcoin 2025 conference in Las Vegas, U.S. Vice President J.D. Vance expressed strong support for the crypto industry, highlighting the Trump administration’s commitment to leadership in this space.
- In June, crypto tokens worth $3.3 billion are expected to be unlocked — $1.4 billion through cliff unlocks and $1.9 billion through linear unlocks. This could influence the market in the short term.
- Jony Ive and Sam Altman are developing a new screenless AI device aimed at reducing smartphone dependency. The gadget will feature a microphone and camera to interact with the environment.
- A UK study revealed that integrating AI into government services could free up around 30,000 employees from routine tasks, significantly boosting efficiency.
- Australia has seen a rise in AI-generated fake intimate images of teachers, prompting the introduction of new legislation to combat such malicious activity.
- In New York, crypto investor John Welz is accused of kidnapping and torturing an Italian tourist to gain access to his Bitcoin wallet. The victim was rescued after 17 days in captivity.
Crypto Digest by MINE.exchange (May 26 – June 1)
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