Search
Mango Markets exploiter sentenced to over 4 years on child abuse material charges
1.5.2025
Avraham Eisenberg was sentenced to more than four years in prison on child sexual abuse material charges, unrelated to his role in the 2022 exploit that drained the decentralized exchange Mango Markets of roughly $100 million.According to reporting from Inner City Press, a judge sentenced Eisenberg...
Strategy touts 14% YTD Bitcoin yield in Q1 earnings print, misses estimates
1.5.2025
Update (May 1, 11:35 pm UTC): This article has been updated to add Strategy’s revenue, net loss and analyst estimates.Michael Saylor's Bitcoin-buying firm Strategy, formerly MicroStrategy, has reported earning a year-to-date yield of 13.7% on its Bitcoin holdings as it missed Wall Street's...
US lawmaker proposes crypto ATMs in federal buildings
1.5.2025
A Texas member of the US House of Representatives has proposed that government officials consider installing cryptocurrency ATMs in federal buildings across the country.In a May 1 letter to Stephen Ehikian, the acting administrator of the General Services Administration (GSA) — the entity...
Institutional Bitcoin buying may soon price out retail — LONGITUDE panel
1.5.2025
Retail investors are running out of time to accumulate Bitcoin as institutional adoption accelerates, according to Sergej Kunz, co-founder of exchange aggregator 1inch. Bitcoin (BTC) is evolving into an alternative reserve currency, propelling institutional demand and potentially pricing out retail...
Bitcoin trader says BTC’s cycle top in $125K to $150K range if certain conditions are met
1.5.2025
Key takeaways:Bitcoin could reach $150,000 by August or September of this year if BTC breaks above the parabolic slope pattern. Bitcoin (BTC) price jumped to new quarterly highs at $96,700 on May 1, a day after the US GDP contracted -0.3% for the first time since Q2 2022. Amid heightened economic...
Crypto to accelerate AI adoption — LONGITUDE panel
1.5.2025
Cryptocurrency can accelerate artificial intelligence adoption by helping AI startups onboard users, according to Polygon's co-founder Sandeep Nailwal. “You can use crypto incentives and disincentives to onboard users to onboard the ecosystem players,” Nailwal said during a panel...
Tether CEO defends decision to skip MiCA registration for USDT
1.5.2025
Paolo Ardoino, CEO of stablecoin issuer Tether, addressed criticism over the company's decision not to seek registration under the European Union’s Markets in Crypto-Assets (MiCA) framework, arguing that the regulations were risky for stablecoins.Speaking to Cointelegraph at the Token2049...
Solana Surges 8% Despite Global Macro Tensions. Can It Hit $155 in Short-Term?
1.5.2025
Despite broader market uncertainty, SOL demonstrates remarkable resilience by climbing from April lows to establish new support levels above $150
Coinbase suspends trading for MOVE token
1.5.2025
Crypto exchange Coinbase has announced it will suspend trading of the Movement Network token (MOVE), the native cryptocurrency of the Movement layer-2 blockchain protocol, developed by Movement Labs, effective May 15.The decision was shared in a May 1 X post, with Coinbase citing the token’s...
Devs introduce Ethereum R1 layer-2 scaling solution
1.5.2025
A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token.According to the announcement, the project relies entirely...
Federal crypto legislation could come with a ‘New York State of Mind’
1.5.2025
Love it or leave it, New York State has been a force in crypto regulation.Ten years ago, the state created the United States’ first comprehensive regulatory framework for firms dealing in cryptocurrencies, including key consumer protection, anti-money laundering compliance and cybersecurity...
SOL, XRP and DOGE Spot ETFs Likely to Be Approved by SEC in Coming Months, Analysts Say
1.5.2025
Action could come as soon as July 2, when the SEC will be required to make a final decision on a number of altcoin ETF proposals
Bitcoin bulls prep $97K resistance showdown as gold dips 8% from highs
1.5.2025
Bitcoin (BTC) gained 3% on May 1 as a new month saw shorts struggle to keep price pinned.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin pressures shorts after 3% daily gainsData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $96,955 on Bitstamp, its highest...
The case for enterprise-grade custody solutions
1.5.2025
Opinion by: Vikash Singh, Principal Investor at StillmarkThe Bybit hack resulted in the largest loss of funds to cyber hackers by a cryptocurrency exchange in history. It served as a wake-up call for those complacent about the state of security threats in the digital assets space. Everyone must...
Bitcoin to $1M by 2029 fueled by ETF and gov’t demand — Bitwise exec
1.5.2025
Bitcoin’s expanding institutional adoption may provide the “structural” inflows necessary to surpass gold’s market capitalization and push its price beyond $1 million by 2029, according to Bitwise’s head of European research, André Dragosch.“Our in-house...
Bitcoin yield demand booming as institutions seek liquidity — Solv CEO
1.5.2025
The demand for yield-generating strategies around Bitcoin (BTC) is surging, especially from firms seeking liquidity without liquidating their BTC, according to Ryan Chow, co-founder and CEO of Solv Protocol.During a fireside chat at the Token2049 conference in Dubai on May 1, Chow said...
Ethereum to simplify crosschain transactions with new token standards
1.5.2025
Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828.“There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development...
21Shares files for US spot Sui ETF after European launch
1.5.2025
Major European cryptocurrency investment firm 21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, marking another step in its expansion to the US market.21Shares on April 30 submitted the Form S-1 registration for a spot Sui (SUI) ETF to the US Securities and Exchange...
$21B tokenized RWA market doubtful, institutions uninterested — Plume CEO
1.5.2025
Amid the intensifying global race to tokenize real-world assets, the market is still too nascent for institutional adoption, according to Chris Yin, the co-founder and CEO of Galaxy-backed RWA platform Plume.Institutional capital is yet to enter the RWA market, and it will take some time...
Solana Policy Institute, Superstate, and Orca Unveil Project Open: A Proposal to Move Equity Trading Onchain
1.5.2025
Project Open was presented to the SEC as a pilot program to test the issuance of equity securities on public blockchains. By leveraging the zero settlement times and transparency of these blockchains, Project Open aims to lower the costs of issuance and trading simultaneously. Project Open...