Crypto News

Ethereum Layer-2 project ZKsync confirms resolution after exploit drains millions from airdrop contract; final report pending.Source link

Kuwait’s Ministry of Interior has declared cryptocurrency mining illegal, citing violations of multiple laws and its strain on the country’s electrical infrastructure. Crypto Mining Kuwait’s Electricity Infrastructure The Ministry of Interior in Kuwait has issued a warning against the practice of cryptocurrency mining, declaring it an unlicensed and illegal activity that violates several existing laws.Source link

Metaplanet (3350) has reached a major milestone in its bitcoin (BTC) strategy, the Japanese hotel company now holds 5,000 BTC as part of its treasury operations.Its BTC stash is valued at approximately $428.1 million at an average acquisition cost of around $85,621 per coin. The Tokyo-listed firm continues to double down on bitcoin as a reserve asset, with its latest purchase of 145 BTC made at an average price of approximately $93,327 per coin, totaling roughly $13.6 million.The accumulation strategy has achieved a year-to-date (YTD) BTC Yield of 121.1% in 2025. This yield metric reflects the company’s effective increase in bitcoin per share held.Notably, BTC Yield is a proprietary KPI Metaplanet uses to track treasury performance. It isolates gains driven...

Metaplanet’s Bitcoin buying blitz brings it closer to its 10K goal, with the company snapping up 1,650 coins in April alone.Source link

The Eurasian Financial and Economic Forum (EFEF-2025), held in Shanghai last week, spotlighted the growing role of digital currency and blockchain in reshaping global finance. With over 300 participants from government, finance, tech, and culture, the event emphasized the need for unified digital frameworks as a response to economic fragmentation. Key discussions centered on theSource link