Steak ‘n Shake Now Accepting Bitcoin Via Lightning Network Across U.S. Locations

Steak ‘n Shake has officially launched Bitcoin payments via the Lightning Network, following the announcement reported on May 9. At the time, the fast food chain teased its plans to integrate BTC, generating excitement across the Bitcoin community. And today, it is an option at the cash register, or better said, Bitcoin Register. 

As of today, customers can pay for their meals with Bitcoin at Steak ‘n Shake locations across the United States. This marks a major step in mainstream Bitcoin adoption, as the chain serves over 100 million customers annually and now gives them the option to use Lightning for instant, low-fee transactions. 

The company announced the news on X this…

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Heritage Distilling Now Accepts Bitcoin And Will Hold It As A Company Asset

Yesterday, Heritage Distilling Holding Company, Inc. (NASDAQ: CASK), a leading U.S. craft spirits producer, announced that it will begin accepting Bitcoin as payment through its direct-to-consumer (DTC) e-commerce platform and will hold bitcoin as strategic assets under a newly approved Cryptocurrency Treasury Reserve Policy.

The policy, approved by the company’s Board of Directors as part of a broader sales and treasury diversification strategy, was developed by the Technology and Cryptocurrency Committee, chaired by tech and digital payments leader Matt Swann. The move makes Heritage the first in the craft spirits sector to formally integrate bitcoin into both its payment and…

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As crypto firms boost US footprint, the race for talent is on

Amid the shifting regulatory landscape, crypto firms are expanding their US footprint and ramping up hiring across policy, compliance, and go-to-market roles.

Companies looking to capitalize on US opportunities are hiring policy and compliance pros, as well as leaders focused on “go-to-market” strategies, recruiters told Blockworks.  

Wintermute became the latest to reveal a new US headquarters on Thursday. The crypto-focused trading firm’s New York office will focus on business development and partnerships, a spokesperson told Blockworks — with managing director David Micley leading those efforts. 

Ron Hammond, a former government relations director at Blockchain…

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Donald Trump’s Crypto Ties Could Be A Banana Skin For The Industry: Report – BlackRock (NYSE:BLK), Mastercard (NYSE:MA)

The cryptocurrency industry’s increasingly close alignment with president Donald Trump and the Republican Party has put its future at the mercy of American electoral cycles, raising concerns about political overreach, regulatory uncertainty and reputational damage.

What Happened: Once hailed as a decentralized alternative to entrenched financial institutions, crypto now finds itself entangled in the very power structures it once sought to disrupt, according to an article by The Economist.

Over the past six months, the industry has entrenched itself in U.S. political life, with top crypto firms among the largest political donors and Trump-aligned officials and family members holding major…

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3 piping hot Pizza Day facts for Bitcoin connoisseurs

This is a segment from the Supply Shock newsletter. To read full editions, subscribe.

Bitcoin Pizza season is back.

This Sunday will mark 15 years since early adopter Laszlo Hanyecz first posted his historic, cheesy request to Bitcointalk: Pizza for bitcoins?

Hanyecz boldly offered to pay 10,000 BTC to anyone who could deliver two large pizzas — two, “so I have some left over for the next day. I like having leftover pizza to nibble on later.” 

Those coins were worth about $42 at the time and more than $2 billion today, enough to make your stomach grumble! 

In many ways it was the most important transaction in Bitcoin’s history, even to this day. As Laszlo…

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LATEST: Over 26,000 Ethereum Wallets Now Support Pectra Upgrade Smart Features

Ethereum’s latest upgrade Pectra is driving rapid adoption of smart accounts changing the way users interact with the network. Data from analyst 0xKofi shows over 26,000 wallets have adopted the new smart account standard EIP-7702 enabling traditional Ethereum wallets to function like programmable smart contracts. This allows automation of spending scheduled payments multi-step transactions and even paying transaction fees in tokens other than ETH. Users can easily activate these advanced features by authorizing smart contracts without changing their wallet addresses.

Ethereum mainnet leads adoption with 13,013 smart accounts followed by Optimism with 5,588 Binance Smart Chain at 5,261 Coinbase-backed Base at 2,851 and Gnosis with 229 accounts. Altogether these accounts have executed nearly 124,000 authorizations since the upgrade. Binance Smart Chain currently has the highest number of active smart contracts at 69 closely followed by Ethereum’s 66 while Base, Optimism and Gnosis have 37, 9 and 6 respectively.

Exchange and wallet providers are actively embracing EIP-7702. WhiteBIT leads with 6,922 authorizations followed by MetaMask’s 5,188 and OKX Wallet’s 3,452 showing growing institutional confidence.

Data

Nakamoto To Headline Bitcoin 2025 As Title Sponsor

Nakamoto Holdings Inc. has been announced as the title sponsor of the Bitcoin 2025 Conference, the world’s largest gathering of Bitcoin enthusiasts, uniting builders, leaders, and believers in the world’s most resilient monetary network. The event will take place May 27-29, 2025, at the Venetian Convention and Expo Center in Las Vegas, Nevada.

This landmark sponsorship follows Nakamoto’s recent merger with KindlyMD, Inc. (NASDAQ: KDLY), a Utah-based healthcare services provider, announced on May 12, 2025. The $710 million transaction, financed through $510 million raised via private placement in public equity (PIPE) at $1.12 per share and $200 million in senior secured…

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DOJ moves forward with trial for Tornado Cash’s Roman Storm

This is a segment from the Empire newsletter. To read full editions, subscribe.

The Department of Justice will continue its case against Tornado Cash’s Roman Storm. 

Previously, the DoJ said it was going to reconsider, after an internal memo from Deputy Attorney General Todd Blanche said that the department would “stop participating in regulation by prosecution in this space.”

There was a slight change in the case, per the letter, which will drop the charge of Storm allegedly not complying with the money-transmitter business registration rules. 

Storm now faces a trial, and the remaining charges are focused on money laundering. 

ICYMI: Storm is one of the…

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Is A Bitcoin Supercycle Imminent?

Bitcoin is surging in 2025, igniting speculation about a historic Bitcoin supercycle. After a volatile start to the year, renewed momentum, recovering sentiment, and bullish metrics have analysts asking: Are we on the cusp of a 2017 Bitcoin bull run repeat? This Bitcoin price analysis explores cycle comparisons, investor behavior, and long-term holder trends to assess the likelihood of an explosive phase in this cryptocurrency market cycle.

How the 2025 Bitcoin Cycle Compares to Past Bull Runs

The latest Bitcoin price surge has reset expectations. According to the BTC Growth Since Cycle Low chart, Bitcoin’s trajectory aligns closely with the 2016–2017 and 2020–2021 cycles,…

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NEW: Méliuz Becomes Brazil’s First Public Company to Hold Bitcoin Treasury

Brazilian fintech company Méliuz has made headlines by acquiring 274.52 bitcoin worth $28.4 million after receiving strong shareholder support for its new bitcoin treasury strategy. The company now holds a total of 320.2 BTC valued at over $33.3 million based on current market prices.

Chairman Israel Salmen confirmed that Méliuz is now officially the first listed Bitcoin Treasury Company in Brazil. The firm said its goal is to grow its bitcoin holdings over time using its financial resources and market position to boost shareholder value through digital asset exposure.

Since its first bitcoin purchase on March 6 Méliuz stock has surged 116 percent rising from $0.68 to $1.47. Other firms like New York-based DayDayCook are joining the movement with plans to accumulate thousands of bitcoins in the coming years. The trend reflects growing confidence in bitcoin as a long-term store of value for corporate treasuries and a shift toward crypto-based financial strategies.

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