News Bytes – 5

Revolut to Enhance Bitcoin Lightning Infrastructure in Europe via Lightspark

Revolut to Enhance Bitcoin Lightning Infrastructure in Europe via Lightspark

Lightspark has announced a new partnership with Revolut to enhance payment infrastructure using the bitcoin network in the UK and select European countries. This collaboration aims to eliminate delays and high network fees associated with traditional payment systems, enabling seamless transactions powered by advanced open technology. Revolut will connect to the open Money Grid, joining […]

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KULR Acquires Additional 42 Bitcoin for  Million, Reports 197.5% Year-to-Date Yield

KULR Acquires Additional 42 Bitcoin for $4 Million, Reports 197.5% Year-to-Date Yield

KULR Technology Group, Inc. (NYSE: KULR), a Houston-based energy management firm, has announced the acquisition of 42 bitcoin ( BTC) for approximately $4 million, at an average price of about $94,403 per bitcoin. The company reported a year-to-date bitcoin yield of 197.5%. As of May 6, 2025, KULR holds a total of 716.2 BTC, which

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Chainlink Launches Rewards Program to Incentivize Community Participation and Token Claims

Chainlink Launches Rewards Program to Incentivize Community Participation and Token Claims

Chainlink has announced the launch of Chainlink Rewards, a new community engagement program aimed at incentivizing participation. In collaboration with Space and Time, a member of the Chainlink Build program, the initiative will make 4% of Space and Time’s total SXT token supply, amounting to 200 million SXT, available to eligible LINK Stakers. The first

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Uniswap Goes Live on Soneium, Enabling Onchain Entertainment Transactions and NFTs

Uniswap Goes Live on Soneium, Enabling Onchain Entertainment Transactions and NFTs

Uniswap is now live on Soneium, Sony’s entertainment-focused Layer 2 platform, allowing users to swap, provide liquidity, and bridge across networks. This integration supports seamless value exchange for various digital assets, including collectibles and tokenized intellectual property. Launched in January 2025, Soneium aims to protect intellectual property and onboard new users to onchain experiences, with

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Deribit Targets US Expansion Amid Trump’s Crypto-Friendly Policies

Deribit Targets US Expansion Amid Trump’s Crypto-Friendly Policies

Deribit, the world’s largest cryptocurrency options exchange with $1.3 trillion in trades last year, is considering entering the U.S. market, encouraged by President Donald Trump’s promise to make the country the global hub for digital assets like bitcoin, the FT reported. The Dubai-based company joins firms like OKX and Nexo in targeting the US after

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Vitalik Buterin Wants to Make Ethereum as “Beautifully Simple” as Bitcoin

Vitalik Buterin Wants to Make Ethereum as “Beautifully Simple” as Bitcoin

Ethereum co-founder Vitalik Buterin announced on May 3, 2025, a five-year plan to simplify Ethereum’s protocol, calling the Bitcoin network “beautifully simple” in his blog post “Simplifying the L1,” as he aims to make Ethereum easier to understand and more secure for users holding bitcoin and other cryptocurrencies. Buterin proposed a simpler consensus system with

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Certik Reports 4 Million in Crypto Losses for April 2025, Phishing Dominates at 7 Million

Certik Reports $364 Million in Crypto Losses for April 2025, Phishing Dominates at $337 Million

Certik, a leading blockchain security firm, reported on April 30, 2025, that the crypto industry lost approximately $364 million to exploits, hacks, and scams in April, with $18.2 million returned, resulting in a net loss of $345.8 million. The firm highlighted that $337 million of the total losses stemmed from phishing attacks, underscoring the persistent

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Tesla Board Denies WSJ Report on CEO Search, Musk Slams Article as False

Tesla Board Denies WSJ Report on CEO Search, Musk Slams Article as False

The Wall Street Journal reported that Tesla’s board had initiated a search for a new CEO to replace Elon Musk, citing sources familiar with discussions that began in March due to Musk’s focus on his role in the Trump administration’s Department of Government Efficiency (DOGE) and Tesla’s declining stock price and sales. The report noted

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EU Securities Watchdog ESMA Issues Guidelines to Combat Market Abuse in Crypto Assets Under MiCA

EU Securities Watchdog ESMA Issues Guidelines to Combat Market Abuse in Crypto Assets Under MiCA

On April 29, 2025, the European Securities and Markets Authority (ESMA) published guidelines to enhance supervisory practices for preventing and detecting market abuse in crypto assets under the Markets in Crypto Assets Regulation (MiCA). Tailored for National Competent Authorities (NCAs), the guidelines draw on ESMA’s experience with the Market Abuse Regulation (MAR) and address the

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Bunq Launches Crypto Investing in Banking App, Expanding Services Across Europe and Beyond

Bunq Launches Crypto Investing in Banking App, Expanding Services Across Europe and Beyond

On April 29, 2025, Bunq, the second largest neobank in Europe, announced the launch of Bunq Crypto, enabling users to invest in cryptocurrencies directly through its secure banking app. Initially available in the Netherlands, France, Spain, Ireland, Italy, and Belgium, the service will gradually expand to the entire European Economic Area, as well as the

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