Web3 News Updates

Meta’s shareholders rejected a proposal to invest in Bitcoin as a treasury asset, with over 95% voting against it, citing concerns over volatility and strategic misalignment.

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Indonesia’s Crypto Transactions Hit Rp35.61 Trillion in April 2025

Indonesia’s crypto transactions soared to Rp35.61 trillion in April 2025, up from Rp32.45 trillion in March, reflecting strong market confidence and growth.

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House of Streams: Twitch Streamers Compete for 1 BTC on Netflix

Premiering June 18, 2025, the series highlights crypto’s growing mainstream appeal while raising awareness of security risks for public crypto holders.

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Polymarket Partners with X: Revolutionizing Prediction Markets in 2025

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This move boosts Polygon’s ecosystem and enhances transparency in information dissemination.

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ConsenSys Buys Web3Auth: MetaMask to End Seed Phrases?

This move aims to enhance user security, simplify onboarding, and drive mainstream Web3 adoption.

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K Wave Media Soars 155% on $500M Bitcoin Treasury Plan

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Inspired by Metaplanet’s success, the company aims to acquire Bitcoin, operate Lightning Network nodes, and integrate Web3 into its K-pop ecosystem.

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Thailand SEC Blocks 5 Major Crypto Exchanges Including Bybit and OKX from June 2025

June 1, 2025

Thailand’s Securities and Exchange Commission announces the shutdown of five unlicensed cryptocurrency exchanges—Bybit, OKX, CoinEx, 1000X, and XT.COM—effective June 28, 2025, to combat money laundering and protect investors.

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Dubai Launches First Licensed Tokenized Real Estate Project in MENA Region

June 1, 2025

Dubai has launched the MENA region’s first licensed tokenized real estate project, allowing investors to buy property shares starting from $545. The initiative uses blockchain technology to democratize real estate investment and enhance market liquidity.

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Thailand to Allow Crypto Spending for Tourists, Launches Regulatory Overhaul

June 1, 2025

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Thailand will enable tourists to spend cryptocurrencies via credit card-linked platforms, with merchants receiving Thai baht. The move is part of sweeping financial reforms to unify digital and traditional markets.