The past week was significant as Bitcoin surged past $103,000. while Abu Dhabi’s Mubadala and Jack Mallers’ Twenty One Capital made major Bitcoin acquisitions. Ethereum launched a new security initiative, DeFi tools continued evolving, and JPMorgan executed its first transaction on a public blockchain. Let’s find out more. 

Bitcoin

Brazilian fintech firm Méliuz has announced that it has become the country’s first Bitcoin treasury company, by acquiring $28.4 million in Bitcoin as part of a long-term corporate strategy to integrate the cryptocurrency into its financial operations.

The US Consumer Price Index (CPI) rose 2.3% in April, which is less than the predicted 2.4% that economists had forecast. Bitcoin (BTC) climbed back above $103,000 and is continuing to accumulate above …