16 May 202517:02
Project update

Crypto Events Recap, May 15-16
- Ethereum’s on-chain stablecoin volume reached a record $908 billion in April, fueled by increased activity from institutions, tech giants and Trump’s involvement.
- BlackRock has launched sBUIDL, a composable ERC-20 token built on Securitize’s sToken framework and integrated with Euler on Avalanche to expand on-chain tokenized products.
- Warren Buffett exited crypto-friendly Nubank, netting $250 million as part of a $2.1 billion financial-sector pullback, while Berkshire Hathaway raises cash reserves to record highs.
- An Abu Dhabi sovereign wealth fund added 491,439 shares of BlackRock’s Bitcoin ETF in Q1, bringing its total holdings to 8,726,972 shares, now valued at $512 million.
- GUNZ, the official blockchain powering the Web3 game Off The Grid, has announced its migration to Mainnet, enabling seamless GUN interactions and delivering a range of other enhancements.
- According to JPMorgan analysts, Bitcoin is set to outperform gold in H2 2025, driven by increased corporate buying and expanding support from U.S. states.
- Robinhood has unveiled new perks for Gold members, including zero Solana fees for transfers and swaps via Robinhood Connect, its wallet, and the main app.
- 0x, the company behind the Matcha exchange, has acquired Flood to boost its share of the $2.3 billion DEX aggregator market.Sonic Labs secures a court order to liquidate the Multichain Foundation and recoup its share of the $210 million hack losses.
- A TON-based NFT marketplace has launched as a Telegram mini app, letting users buy, sell, and trade digital gifts and stickers within chats.
- Trump warns the U.S. will impose new tariffs on 150 countries within weeks, urging them to strike deals or face steeper rates.
- Solv has launched SolvBTC.AVAX, a Bitcoin yield product backed by real-world assets (RWA) on the Avalanche blockchain.
- Utah Retirement Systems grew its MicroStrategy (MSTR) stake by 184% in Q1 to 25,287 shares, worth over $10 million.
- Bitlayer partnered with Sui to launch Peg-BTC, a Bitcoin-backed token, into Sui’s DeFi ecosystem.
- Steak ’n Shake will begin accepting Bitcoin payments at U.S. locations on May 16.
- GOAT Network launched the first public testnet for BitVM2.
Source