๐ฐ Key Headlines
FTX Repayment Plan: Bankrupt crypto exchange FTX announced it will begin distributing over $5 billion to creditors starting May 30, with some receiving up to 120% of their claims .
CoinDesk
Coinbase Under Scrutiny: The SEC is investigating Coinbase for potentially misrepresenting user metrics. Additionally, the exchange disclosed a recent data breach, leading to a 7% drop in its share price .
Barron's
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CoinDesk
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Basel Medical Group's Bitcoin Investment: Singapore-based Basel Medical Group Ltd announced plans to acquire $1 billion worth of Bitcoin to diversify its treasury reserves, marking one of the largest corporate BTC acquisitions in the Asia-Pacific healthcare sector .
GlobeNewswire
Brazil's Mรฉliuz Invests in Bitcoin: Brazilian company Mรฉliuz has become the country's first to adopt a BTC treasury strategy by purchasing $28.4 million worth of Bitcoin, fueling bullish sentiment in the marke
