
Cryptomania Club
May 22, 2025 at 09:57 AM
*📊 MIDWEEK DIGEST: BTC Breaks Records, Legal Heat on MicroStrategy, NFT Drama, and a Global Payment Shift*
From record-breaking prices to hacks and lawsuits, crypto’s been anything but boring this week:
*💰 Bitcoin Hits New All-Time High at $109K*
Today Bitcoin reached a new record of $111,413. While US stocks dropped and bond yields rose, BTC jumped over 4% in 24 hours and 25% this month. Its market cap is now $2.1T, making it the 5th biggest asset in the world.
*⚖️ MicroStrategy Sued Over Bitcoin Strategy*
Michael Saylor’s MicroStrategy is facing a class action lawsuit filed by investor Anas Hamza. The company is accused of hiding key facts about its Bitcoin investment strategy, possibly breaking U.S. securities laws.
The suit targets top execs and follows a new $764M BTC purchase, raising concerns about investor risks.
*💸 Frank DeGods' Wallet Hacked After Exit — Real or Staged?*
Just days after stepping down as CEO of DeGods, Frank lost 16 NFTs in a hack worth $19K. The team claims it was a cyberattack, but the community is skeptical.
Critics question the timing, lack of other stolen assets, and falling NFT prices — suspecting a possible “cash out” move amid DeGods’ ongoing decline.
*💳 MoonPay and Mastercard Launch Crypto Card*
MoonPay and Mastercard now offer a virtual card that lets users pay with stablecoins at 150M+ merchants worldwide. Linked to any crypto wallet, the card directly uses users’ stablecoin balances.
This follows Mastercard’s wider push into crypto, including partnerships with OKX, Kraken, and Ondo Finance.
*✉️ Don’t keep it to yourself — SPREAD the news!*

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