Tariff doubts push NFL, NBA to bet big on digital merch

As more and more businesses are impacted by tariff volatility, some executives, like Ridhima Kahn, vice president of business development at Dapper Labs, are viewing the assault on the cost of physical goods as another use case for digital markets powered by blockchain to shine. “I’m seeing a lot of brands rethinking where revenue and …

Bitcoin Season 2: Why the next wave of Bitcoin innovation is all about utility

Bitcoin’s (BTC) next evolution isn’t just about price. It’s about potential.  On this week’s episode of The Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson sit down with Isabel Foxen Duke, general partner at Unbroken Chain and longtime Bitcoin advocate, to unpack what she calls “Bitcoin Season 2.” Bitcoin beyond money “Bitcoin Season 2 …

Bahrain-based AlAbraaj Restaurants adopts Bitcoin treasury strategy

Bahrain-based publicly listed catering company with a $24.22 million market cap has adopted a Bitcoin treasury strategy in partnership with investment firm 10X Capital. According to a May 15 announcement, AlAbraaj Restaurants Group partnered with 10X Capital to adopt a Bitcoin (BTC) treasury strategy similar to top corporate BTC holder Strategy, previously known as MicroStrategy. …

Bitcoin to $1M by 2028 as Hayes tells Europe to ’get your money out’

Key points: US treasuries and foreign capital “repatriation” make a recipe for $1 million BTC, says Arthur Hayes. Europeans face tightening capital controls, inviting a recommendation to take back control of personal funds. Seven-figure BTC price targets are already gaining traction. Bitcoin (BTC) will shoot to $1 million in just three years thanks to global …

Jim Chanos takes opposing bets on Bitcoin and Strategy

Prominent short-seller Jim Chanos, once a vocal critic of Bitcoin and cryptocurrencies, revealed a new trading play that involves shorting shares of Strategy (formerly MicroStrategy) and buying Bitcoin. At the Sohn Investment Conference in New York, Chanos told CNBC he’s “selling MicroStrategy stock and buying Bitcoin.” The investor described the move as buying something for …

Stablecoins seen as ideal fit for real-time collateral management

Cryptocurrencies and stablecoins are gaining growing recognition in the traditional finance (TradFi) space for their ability to streamline payments and increase efficiency in existing financial systems In finance, collateral management refers to the process of managing the underlying collateral securing other financial transactions, such as loans or derivatives, to mitigate credit risks and ensure smooth …

Coinbase refuses $20M ransom after support agent data breach

Coinbase, the world’s third-largest cryptocurrency exchange, was hit by a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data, the company said. According to a May 15 blog post, Coinbase said a group of external actors bribed and coordinated with several customer support contractors to access internal systems and steal …

Pi Network to invest $100M in startups building blockchain apps

Mobile-first blockchain Pi Network has launched a $100 million fund to invest in initiatives built on its infrastructure. According to a May 14 announcement, the Pi Foundation is launching Pi Network Ventures with an initial investment of $100 million in Pi (PI) tokens and US dollars. The fund will invest in startups and businesses building …

Pareto launches synthetic dollar backed by private credit

Private credit marketplace Pareto has introduced a new synthetic dollar aimed at linking institutional investors with decentralized finance (DeFi) opportunities — a move that highlights the expanding role of stablecoins in global finance. The newly launched USP synthetic dollar is fully backed by real-world private credit, Pareto told Cointelegraph on May 15. To mint USP, …