**CHINA EXPANDS REACH OF DIGITAL YUAN**
🔸China’s central bank is expanding the international use of its digital currency, the e-CNY.
🔸A new global operations center is being established in Shanghai to support this initiative.
🔸The goal is to streamline cross-border transactions using the digital yuan.
🔸China’s efforts are crucial for the global future of central bank digital currencies (CBDCs).
**IRANIAN EXCHANGE HACKED – \$81M STOLEN**
🔹Iran’s Nobitex crypto exchange has been hacked, with over \$81M in digital assets stolen.
🔹Reports link the attack to a group associated with Israel.
🔹This incident highlights the urgent need for improved security in the global digital asset space.
**BITCOIN ETFS SEE 8 STRAIGHT DAYS OF INFLOWS**
🔸U.S. Bitcoin ETFs have recorded eight consecutive days of capital inflows.
🔸On Wednesday alone, \$388.3M flowed into these funds.
🔸BlackRock’s IBIT and Fidelity’s FBTC led the inflows.
🔸Since April 17, total inflows reached \$11.2B — a strong sign of institutional interest.
**BITCOIN MINING RIG MAKERS SHIFT TO U.S.**
🔹Top ASIC manufacturers — Bitmain, Canaan, and MicroBT — are relocating production to the U.S.
🔹These firms account for over 99% of global output.
🔹The move responds to 25% tariffs on Chinese imports.
🔹Shifting production aims to mitigate the impact of trade restrictions.
**NORWEGIAN FIRM K33 PLANS TO BUY 1,000 BITCOINS**
🔸Crypto firm K33 plans to acquire up to 1,000 BTC for its reserves.
🔸They are raising \$8.9M via a stock offering to fund the purchase.
🔸K33 sees Bitcoin holdings as a path to higher returns and new institutional products.
🔸The company has already bought the first 5 BTC.
**BLOCKCHAIN GROUP BOOSTS BTC RESERVES TO \$170M**
🔹French tech firm The Blockchain Group added 182 BTC worth \$19.6M to its reserves.
🔹They now hold a total of 1,653 BTC, worth over \$170M.
🔹The purchase was funded through \$20.7M in convertible bonds.
**PRENETICS INVESTS \$20M IN BITCOIN**
🔸Health-tech company Prenetics bought 187 BTC for \$20M, averaging \$106,712 per coin.
🔸Assets are held in custody on Kraken.
🔸The company plans to significantly increase its Bitcoin holdings in the future.
CheckDot is SAFU.
