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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...
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...
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...
Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K
30.4.2025
Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future. Bitcoin (BTC) price knocks...
Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K
30.4.2025
Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future. Bitcoin (BTC) price knocks...
Bloomberg Intelligence boosts Solana ETF approval odds to 90%
30.4.2025
Bloomberg Intelligence has boosted its estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, according to an April 30 post on the X platform. The company also set more favorable chances of approval for other altcoin ETFs, including proposed funds holding...
Coinbase files brief with US Supreme Court in support of taxpayers' privacy
30.4.2025
US-based cryptocurrency exchange Coinbase has filed an amicus brief in the country’s Supreme Court in support of a taxpayer fighting the Internal Revenue Service (IRS) gaining access to his data from a digital asset platform.In an April 30 filing in the Supreme Court of the United States...
Stablecoins on track for $2T market cap by 2028 — US Treasury
30.4.2025
US Dollar-pegged stablecoins are on track to reach an aggregate market capitalization of approximately $2 trillion by 2028, according to the United States Department of the Treasury’s Q1 2025 report. Stablecoins’ cumulative market cap currently stands at roughly $230 billion,...