Coinbase executives said the company has agreed to acquire Deribit, the world's largest Bitcoin and Ethereum options trading platform, for about $2.9 billion. The deal still needs regulatory approval, and Coinbase will also take over Deribit's operating license in Dubai.

While developing Botanix, we kept asking ourselves a question: Can a system built on top of Bitcoin really be called a sidechain or layer 2 (L2)?

Security company SlowMist said on the X platform that Ethereum's Pectra upgrade (EIP-7702) is now live - this is a major leap forward, but new features also bring new risks. Here are the things users, wallet providers, developers and exchanges should pay attention to:

Strategy (formerly MicroStrategy) will release the Bitcoin Standard Model 2025 to help enterprises adopt Bitcoin.

Harsh Bharwani, CEO of Jetking, an Indian listed company, said that it is raising billions of dollars to buy 18,000 BTC. According to the video he shared, the CEO of Jetking said: "In the next six months, we plan to raise funds and expand the scale to about 180 bitcoins. In the next year, we will reach a scale of about 1,800 bitcoins. And finally, around 2030, using the various tools and resources available to us, we will reach a scale of about 18,000 bitcoins."

Emarat, the UAE’s state-owned oil giant, has announced a strategic partnership with Crypto.com to launch cryptocurrency payment services at gas stations - a first in the Middle East and North Africa (MENA) region. In the first phase, the service will be enabled at 10 Emaar gas stations, with plans to gradually expand to its entire network. As part of this partnership, we also launched the Emarat×Crypto.com co-branded service station on Al Wasl Road in Dubai - the first flagship station of its kind in the world under Project Landmark, which introduced a gas station naming rights model.

On May 7, Oregon Governor Tina Kotek signed Senate Bill 167 (SB 167), which updates the state's business regulations to the Uniform Commercial Code (UCC) and explicitly includes provisions related to digital assets. The new bill introduces UCC Article 12 to establish a legal framework for cryptocurrencies, tokenized records, and electronic currencies, and amends UCC Article 9 to allow digital assets to be used as collateral in mortgage transactions. In addition, the bill recognizes the legal validity of electronic records, electronic signatures, and hybrid transactions to support the development of digital commerce. The new regulations include transitional provisions to ensure that transactions before the bill takes effect remain legally valid and give existing security interests a one-year compliance grace period.

According to the Upbit announcement, the platform will add support for Celestia (TIA) and io.net (IO) transactions. Celestia (TIA) will support KRW, BTC and USDT markets based on the Celestia network; io.net (IO) will support BTC and USDT markets based on the Solana network.