Crypto News
Publicly Traded Edtech’s Stock Soars 44% After Solana Treasury Pivot
Another Nasdaq-listed company is adopting a crypto-buying strategy—but not with Bitcoin.Source link
Bitcoin Edges Higher as Stock and Crypto Markets Rally
The cryptocurrency’s price rose past $106K on Tuesday morning, as both stock and crypto markets saw positive gains. Stocks Climb, Bitcoin Follows Bitcoin resumed its upward trend on Tuesday, climbing as high as $106,813.58 as stocks and the broader crypto market posted similar gains. Tech stocks led the rally for the S&P 500 and positiveSource link
France Charges 25 People, Including 6 Minors, in Crypto Kidnapping Cases
French authorities have charged 25 people, including six minors, for their roles in a spate of crypto kidnappings in Paris, with the majority of the suspects connected to the recent failed kidnapping attempt of a crypto exchange CEO's family, Paris's public prosecutor's office said, Le Monde reported Saturday.The investigation is focused on the kidnapping attempt of the daughter and grandson of the CEO of crypto exchange Paymium, Pierre Noizat, that occurred on May 13, the report said.The probe also looked at other unsuccessful kidnapping attempts, including an earlier attempt on Noizat’s family members, plus an attempted abduction near the western city of Nantes last Monday that authorities thwarted.The arrests follow a spate of high-profile crypto kidnappings that have plagued France...
Bitcoin Miner MARA Holdings Posts Record Block Wins, Produces 950 BTC in May
Bitcoin miner MARA Holdings (MARA) produced 950 BTC in May, a 35% increase from the previous month and its strongest output since the Bitcoin halving in April 2024, the company said Tuesday.The firm also set a new internal monthly record for blocks won, totaling 282, a 38% jump from April.CEO Fred Thiel attributed the gains to the company’s vertically integrated tech stack and its self-owned MARA Pool. “Operating our own pool means we keep all block rewards without paying fees to third parties,” Thiel said, adding that MARA Pool’s block reward luck has outperformed the Bitcoin network average by over 10% since its launch.The company’s energized hashrate ticked up slightly to 58.3 EH/s in May, while its share of available...
MARA Hits Record-High Bitcoin Production in May
MARA Holdings has now grown its Bitcoin treasury to 49,228 BTC, currently worth approximately $5.3 billion.Source link