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#Bitcoin2025 Pakistan announces Bitcoin strategic reserve The move represents a significant shift from the Pakistani government's earlier position that cryptocurrencies would never be legalized. Bilal Bin Saqib, head of Pakistan’s crypto council, announced on May 28 that the country is moving to establish a strategic Bitcoin reserve. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib said the government of Pakistan followed the United States’ lead in establishing a Bitcoin strategic reserve and is embracing pro-crypto regulatory policies. The government official told the audience: "Today is a very historic day. Today, I announce the Pakistani government is setting up its own government-led Bitcoin Strategic Reserve, and we want to thank the United States of America again because we were inspired by them." The announcement represents a significant departure from the government of Pakistan’s previous stance on cryptocurrencies, holding that crypto would never be legal in the country. Pakistan’s shift reflects the broader trend of nation-states adopting pro-crypto policies following the regulatory shift in Washington, DC under the President Donald Trump administration.
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#TrumpMediaBitcoinTreasury Trump Media and Technology Group on Tuesday said it's struck a deal to raise $2.5 billion that will be tapped to buy bitcoin, creating a reserve of the cryptocurrency. The company's move into cryptocurrency comes after Trump Media has ventured into other investment arenas, including starting exchange-traded funds, or ETFs, and separately managed accounts with investment strategies the company says are "rooted in American values and priorities." In its Tuesday announcement, Trump Media said it has an agreement with about 50 institutional investors to buy $1.5 billion of the company's stock, along with another $1 billion in debt that can be converted into stock at a later date. The $2.5 billion in funds will be used to create a "bitcoin treasury," which the company said will be added to its balance sheet. This would be in addition to cash, cash equivalents and short-term investments that Trump Media already holds, which it said were worth $759 million. President Trump, the largest investor in Trump Media, has increasingly focused on cryptocurrencies, both through his private business and his administration. He has directed his officials to create a national "crypto strategic reserve" that will include bitcoin, ethereum and lesser-known cryptocurrencies. The goal for Trump Media — best known for its Truth Social app — is to push the company into becoming more than a tech business, according to CEO Devin Nunes.
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#BinanceHODLerSOPH Binance Introduces Sophon (SOPH) as 20th HODLer Airdrop Project, Trading Launch Set for May 28 Binance Adds Sophon (SOPH) to HODLer Airdrops; Spot Trading Goes Live May 28 Binance has announced Sophon (SOPH) as the 20th project on its HODLer Airdrops platform, with eligible BNB holders set to receive retroactive airdrops ahead of the token’s official listing. SOPH is a consumer-focused entertainment blockchain built using the ZK Stack, and will launch for spot trading on May 28, 2025, at 13:00 (UTC). What Is Sophon (SOPH)? Sophon is a next-generation blockchain designed to deliver scalable and user-centric digital entertainment experiences. Built using zero-knowledge (ZK) infrastructure, SOPH aims to offer high-throughput decentralized applications for gaming, content, and media sectors. How Binance HODLer Airdrops Work Binance HODLer Airdrops reward users retroactively based on historical snapshots of their BNB balances. By subscribing to Simple Earn or On-Chain Yields products, users are automatically enrolled in airdrop campaigns — no active claim or interaction is needed. BNB holding snapshots are taken hourly, and rewards are distributed within 24 hours of the HODLer Airdrop announcement. A hard cap applies, limiting a single user’s airdrop entitlement to no more than 4% of the total BNB pool.
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