Sequans Communications has fully redeemed all convertible debt from its July 2025 offering by selling a portion of its bitcoin treasury, leaving the Paris-based IoT semiconductor firm with approximately 658 BTC and a near-debt-free balance sheet.

Crypto exchange-traded fund (ETF) investors remained defensive on Wednesday, May 27, with bitcoin and ether funds extending their losing streaks. HYPE and Solana products drew modest fresh capital, but the broader tone stayed firmly negative.

A May 28 morning slide to a session low of $72,642 pushed bitcoin closer to locking in an overall loss for May, extending a weeklong retreat from its May 25 peak of $78,000.

Timechainindex.com founder Sani first posted the news on X, drawing attention to a quietly filed New York Supreme Court case in which three anonymous plaintiffs are seeking legal title to roughly 3.8 million BTC worth approximately $293 billion, a pool of dormant coins that includes addresses widely attributed to Bitcoin creator Satoshi Nakamoto.

The partial restoration of the service comes after one of the largest internet blockades of this kind, starting after the first strikes of the U.S.-Israel coalition against the Iranian regime. The move comes after Iranian President Masoud Pezeshkian ordered the restitution on Monday.

Three Samsung affiliates have agreed to jointly acquire a 4% stake in Dunamu, the company behind South Korea’s largest cryptocurrency exchange, Upbit, for approximately 612.8 billion won ($408 million).

How did EXO Labs get a lightweight Llama 2 running on a 1997 Pentium II with just 128 MB of RAM? By leaning on BitNet’s ternary-weight approach (-1, 0, 1), the team showed the model could respond, slowly, underscoring that software optimization, not new silicon, can unlock surprising headroom on legacy machines.

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A broader cryptocurrency market rout dragged XRP down to a multiweek low of $1.265 before it stabilized at $1.29, shedding 3.2% of its value in 24 hours and pushing its market cap below $80 billion.

Bitcoin held a narrow intraday range of $72,622 to $76,047 on Thursday, as bears maintained structural control across multiple timeframes. Price action on the 1-hour, 4-hour, and daily charts all pointed to a market searching for directional conviction near multi-week lows.

Strive bought 1,109 bitcoin last week, raising its total holdings to 16,500 BTC and strengthening its place among major public corporate holders. The company is also reviewing new capital-raising tools as it prepares to expand its bitcoin-linked treasury strategy.

Following the news, bitcoin fell 3.6% to a multi-week low of $72,622 before stabilizing just above $73,000. The sudden volatility triggered a massive market sell-off, wiping out over $930 million in leveraged positions.

With Bitcoin mining economics under pressure from historically low hashprice levels of mining revenue and rising network competition, AI and HPC infrastructure revenue has emerged as a stabilizing and, in some cases, significantly larger growth driver.

Banca Sella has completed its notification process with the Bank of Italy, clearing the way for it to offer crypto custody and transfer services. The bank plans to launch the services in 2026 for selected customer groups.

Financial analyst and Stansberry Research founder Porter Stansberry has told Anthony Pompliano that the U.S. is heading toward a sweeping monetary reset by 2029, pointing to Social Security’s structural collapse, accelerating dollar debasement, and more.