Legendary investor Warren Buffett has officially exited his position in Nubank, the crypto-friendly digital bank based in Brazil. Buffett’s firm, Berkshire Hathaway, made headlines in 2021 when it invested $500 million in Nubank just before the company went public. Now, with all shares sold, Berkshire has reportedly walked away with a $250 million profit. The move comes after years of market growth for Nubank, which has attracted millions of users in Latin America by offering digital banking services and exposure to cryptocurrency products. Despite Buffett’s traditional skepticism toward cryptocurrencies, the investment was seen as a strategic bet on fintech innovation…
Author: Blockto Team
World Liberty Financial (WLF), a cryptocurrency company linked to former President Donald Trump, has publicly responded to a recent investigation launched by Senate Democrats. The probe focuses on WLF’s USD1 stablecoin and its alleged ties to Trump, particularly concerning a $2 billion investment involving foreign entities. The company strongly denies any wrongdoing and insists that its operations fully comply with all legal and regulatory requirements. Background of the Senate Probe The Senate Democrats’ inquiry centers on potential conflicts of interest and foreign influence in U.S. financial markets. The investigation scrutinizes a significant investment made by MGX, a firm associated with…
A new survey by Fireblocks, a leading digital asset infrastructure platform, has revealed that 90% of financial institutions are either actively using stablecoins or are planning to integrate them soon. This significant figure marks a major turning point in the adoption of digital assets in traditional finance. Widespread Stablecoin Adoption Across Finance Sector The survey, conducted in early 2025, involved 295 financial executives from banks, fintech firms, payment service providers, and asset managers. The results show that: Only 10% of surveyed organizations reported no current plans to engage with stablecoins, highlighting the growing mainstream interest in blockchain-based financial solutions. Cross-Border…
In a rapidly digitizing financial world, central banks are actively exploring how they can leverage blockchain and smart contract technologies to enhance monetary policy tools. Under the leadership of the Bank for International Settlements (BIS) Innovation Hub, Project Pine marks a significant step in this direction. This project is a collaboration between the BIS Innovation Hub Swiss Centre and the Federal Reserve Bank of New York’s Innovation Center. What is Project Pine? Project Pine is a research initiative designed to test how smart contracts can be used by central banks to conduct monetary policy operations in a tokenized financial ecosystem.…
In a bold move signaling growing institutional interest in digital assets, Abu Dhabi’s sovereign wealth fund significantly increased its exposure to Bitcoin through BlackRock’s iShares Bitcoin Trust (IBIT) during the first quarter of 2025. The fund acquired 8.7 million shares, bringing its total stake in the ETF to a value of approximately $408.5 million. Strategic Investment in Digital Assets The investment comes from Mubadala Investment Company, one of the world’s most prominent sovereign wealth funds, managing hundreds of billions of dollars in global assets. This increase in holdings reflects a strategic pivot toward digital asset exposure, a trend increasingly seen…
In a recent development that caught the attention of blockchain analysts and traders, a massive Ethereum transaction valued at approximately $35 million has been recorded moving into a Coinbase exchange wallet. This movement, involving over 10,000 ETH, raises speculation around whale behavior and its potential market impact. Such large transactions are often associated with high-net-worth individuals or institutions — commonly referred to as “whales” — and could indicate major trading activity on the horizon. Whale Behavior: Sell-Off or Strategic Move? The transaction was detected by blockchain monitoring tools, which flagged the transfer as abnormal due to its size and destination.…
Ukraine is taking a bold step toward embracing Bitcoin at the national level. Lawmaker Yaroslav Zheleznyak, a member of the Ukrainian Parliament, is preparing a new bill that aims to establish a national cryptocurrency reserve totaling 40,000 BTC — an equivalent of over $2.7 billion USD at current prices.The bill, expected to be introduced later this month. Strategic Move Amid War and Economic Crisis Zheleznyak said the initiative is partly designed to strengthen Ukraine’s financial independence in the face of ongoing military conflict and economic uncertainty. The goal is to create a “Bitcoin-based strategic reserve” that could serve as a…
Bitcoin could reach a staggering $220,000 this year, according to a new forecast that compares the digital asset’s potential to that of gold. Analysts argue that as Bitcoin continues to gain acceptance as a store of value, a market valuation that rivals gold is increasingly “reasonable.” Forecast Based on Gold Parity Model The projection comes from a model that equates Bitcoin’s total market cap to that of gold’s $13 trillion valuation. With Bitcoin’s circulating supply hovering near 19.7 million, matching gold’s market cap would push Bitcoin’s price to approximately $660,000. But the forecast’s authors suggest a more conservative outlook —…
The Ethereum network has witnessed an unprecedented surge in stablecoin activity, recording $908 billion in stablecoin transaction volume in April 2025, the highest monthly total in its history. This milestone highlights Ethereum’s growing dominance as the primary settlement layer for dollar-pegged digital assets. The data, reported by on-chain analytics firm Glassnode, confirms that Ethereum remains the undisputed leader in stablecoin infrastructure, far outpacing rival blockchains like Tron and Solana. Surging Demand for Dollar Liquidity The jump in volume reflects a broader trend in crypto markets: rising demand for stable, dollar-denominated assets, particularly amid global macroeconomic uncertainty. With interest rates fluctuating…
Ethereum Layer 2 solution Starknet has officially reached “Stage 1” decentralization, a significant milestone that marks the project’s transition toward a more community-driven, trust-minimized future. At the same time, Starknet now leads all zero-knowledge (ZK) rollups in total value locked (TVL), reinforcing its position as a frontrunner in the Ethereum scaling race. The announcement was made by StarkWare, the team behind Starknet, highlighting that the rollup has met key criteria for protocol independence and censorship resistance — two pillars of Ethereum co-founder Vitalik Buterin’s decentralization roadmap for rollups. What is “Stage 1” Decentralization? According to Buterin’s framework, “Stage 1” decentralization…