Bitcoin Pizza Day is celebrating its 15th anniversary
On May 22, 2010, Laszlo Hanyecz purchased two large pizzas for 10,000 Bitcoin, marking the first real-world transaction using Bitcoin. This event is now celebrating its 15th anniversary in 2025. This symbolic transaction is widely regarded as the first proof that cryptocurrency could be used in everyday life, and Bitcoin Pizza Day is celebrated annually by the cryptocurrency community. The 10,000 BTC used to purchase the pizza is now worth approximately $1.1 billion.
Trump’s tax cut proposal moves forward in the House of Representatives
The US House Rules Committee has approved President Trump’s comprehensive tax cut bill. This development paves the way for the bill to be put to a vote in the House and is one of the steps that will shape the Republicans’ economic agenda this year.
GENIUS bill passes to amendment stage with 69 votes
The U.S. Senate has approved a motion to debate the GENIUS bill, which aims to establish a legal framework for stablecoins, by a vote of 69. This progress, following a procedural vote of 66 in favor, allows the bill to enter the amendment phase ahead of a full vote.
U.S. Department of Justice takes down LummaC2 malware infrastructure
The Department of Justice, in collaboration with Microsoft and other global institutions, conducted an operation to disable the LummaC2 software that stole crypto wallet information. Five domain names and more than 2,300 websites were seized in the operation. It was reported that LummaC2 was used in more than 1.7 million data theft attempts.
Senator Cynthia Lummis supports the Genius Act to increase US gold reserves to Bitcoin
Senator Cynthia Lummis expressed her strong support for the Genius Act, emphasizing the United States’ goal of becoming a leader in adopting advanced and forward-thinking digital asset policies.
Pakistan establishes Digital Asset Management Authority
The Pakistan Ministry of Finance has officially established the Digital Asset Management Authority (PDAA) to regulate the cryptocurrency and blockchain markets. The new agency will be responsible for licensing stablecoins, exchanges, and DeFi applications within a framework compliant with FATF standards.
Bitcoin spot ETFs recorded net inflows for the sixth consecutive day
On May 21, Bitcoin spot ETFs saw net inflows of $609 million. BlackRock ETF IBIT maintained its lead with $46.67 million in inflows, while Fidelity FBTC contributed $11.83 million. The total ETF asset value reached $129 billion, accounting for 6% of Bitcoin’s market value.
Ethereum spot ETFs showed positive inflows for the fourth consecutive day
Ethereum spot ETFs continued their positive performance on the fourth day with a net inflow of $587,100. BlackRock’s ETHA product recorded inflows of $24.86 million, while Fidelity’s FETH ETF experienced outflows of $24.27 million.
According to SEC documents, Nasdaq proposed changing the rules to allow the iShares Ethereum Trust to enable physical buying and selling of Ethereum. This change aims to enhance ETF efficiency and provide investors with direct delivery of Ethereum. Anchorage Digital was designated as the custodian for the service.
World Foundation raises $135 million through WLD token sale
Worldcoin has raised $135 million through a non-discounted sale to early investors including a16z and Bain Capital Crypto. The funds will be used to scale the Orb identity verification system and expand the network.
VanEck launches PurposeBuilt fund focused on the Avalanche ecosystem
VanEck will launch the PurposeBuilt fund next month, which will invest in Avalanche projects focused on gaming, payments, and artificial intelligence. The fund will follow a development-focused strategy, emphasizing the early-stage product validation advantages of C-Chain.
Tether minted an additional 2 billion USDT on the TRON network
Tether has minted a total of 18 billion USDT on the TRON network by 2025. The latest mint is seen as part of liquidity management and preparation for increased demand.
