State of Florida withdraws Bitcoin reserve bills amid growing countrywide setbacks

Florida has officially stepped back from the growing movement among US states to establish a Strategic Bitcoin Reserve (SBR). According to the Florida Senate’s website, lawmakers have indefinitely postponed and withdrawn two critical pieces of legislation, House Bill 487 and Senate Bill 550, to enable public investment in Bitcoin. Despite bipartisan support, particularly for HB…

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OpenAI focuses on its nonprofit control amid legal clash with Elon Musk

OpenAI has announced a significant pivot, walking back previous plans to evolve into a traditional for-profit entity, according to a May 5 statement. Instead, the organization will maintain its nonprofit roots and shift its for-profit unit into a Public Benefit Corporation (PBC), reinforcing its commitment to public interest in developing artificial general intelligence (AGI). According…

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IntoTheBlock and Trident Merge With $25M Backing to Build Institutional DeFi Gateway

Decentralized finance (DeFi) firms IntoTheBlock and Trident Digital have merged to form Sentora, joining forces to bring institutional investors onchain. The new company, helmed by Anthony DeMartino, co-founder of Trident and former head of risk strategies at Coinbase (COIN), is also on track to close a $25 million founding round with New Form Capital leading…

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MultiBank Group to Tokenize $3 billion in Real Estate Assets with MAG as it Readies to Launch $MBG

[PRESS RELEASE – Dubai, UAE, May 6th, 2025] MultiBank Group, the world’s largest financial derivatives institution, has signed a historic $3 billion tokenization agreement MAG Lifestyle Development, the leading real estate developer in the UAE, and Mavryk, a leading blockchain innovator, marking the largest real-world asset (RWA) tokenization initiative globally to date. The initiative highlights…

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BTSE Cares Foundation & Singapore Football Club Renew Winning Partnership

[PRESS RELEASE – Hong Kong, China, May 6th, 2025] BTSE Cares Foundation, a charitable foundation backed by BTSE, a world-leading cryptocurrency exchange, is proud to announce the extension of its partnership with Singapore Football Club (SFC), continuing a collaboration that blends the passion of football with the innovation of digital assets. BTSE Cares Foundation will…

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