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Trump Media Group to raise $3B for Bitcoin treasury — Report


Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, is planning to raise $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other cryptocurrencies, the Financial Times reported. The move would position the company...

Trump Media Group to raise $3B for Bitcoin treasury — Report


Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, is planning to raise $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other cryptocurrencies, the Financial Times reported. The move would position the company...

Nvidia plans to make cheaper AI chips for China: Report


Nvidia will reportedly launch a new lower-cost artificial intelligence chip specifically for China, following restrictions on exporting its more expensive model.Nvidia plans to start mass production of the new AI chips in June, which will be part of the firm’s latest generation of AI chips...

Blockchain security firm releases Cetus hack post-mortem report


Blockchain security firm Dedaub released a post-mortem report on the Cetus decentralized exchange hack, identifying the root cause of the attack as an exploit of the liquidity parameters used by the Cetus automated market maker (AMM), which went undetected by a code "overflow" check.According...

CZ refutes claims in latest WSJ article on Trump-linked crypto dealings


Binance co-founder and former CEO Changpeng “CZ” Zhao has pushed back against a report in The Wall Street Journal, calling it a “hit piece” filled with inaccuracies and negative assumptions. In an X post, Zhao criticized the publication’s portrayal of his alleged...

CZ refutes claims in latest WSJ article on Trump-linked crypto dealings


Binance co-founder and former CEO Changpeng “CZ” Zhao has pushed back against a report in The Wall Street Journal, calling it a “hit piece” filled with inaccuracies and negative assumptions. In an X post, Zhao criticized the publication’s portrayal of his alleged...

US tourist drugged by fake Uber driver and robbed of $123K BTC — Report


An American tourist in the United Kingdom was reportedly drugged by an individual posing as a taxi driver, who stole the tourist's $123,000 in Bitcoin stored on a cell phone. According to a report from My London, Jacob Irwin-Cline went out to a London bar and had several drinks before calling...

US tourist drugged by fake Uber driver and robbed of $123K BTC — Report


An American tourist in the United Kingdom was reportedly drugged by an individual posing as a taxi driver, who stole the tourist's $123,000 in Bitcoin (BTC) stored on a cell phone. According to a report from My London, Jacob Irwin-Cline went out to a London bar and had several drinks before calling...

Kraken to offer tokenized US stocks to non-US clients


Crypto exchange Kraken is planning to offer non-US customers the option of trading tokenized US stocks, part of the company’s push to offer more traditional assets via tokenization.The products will be offered through Backed, a new Kraken partner, according to a statement shared with...

Kraken to offer tokenized US stocks to non-US clients


Crypto exchange Kraken is planning to offer non-US customers the option of trading tokenized US stocks, part of the company’s push to offer more traditional assets via tokenization.The products will be offered through Backed, a new Kraken partner, according to a statement shared with...

Report: Colombia Running CBDC Pilot on Cosmos


According to Maghnus Mareneck, co-CEO of Interchain Labs, the Colombian government will be testing a still-unannounced CBDC on the Cosmos network. Colombia aims to target cross-border payments with this new CBDC, which has just emerged from stealth with this announcement. Colombia Hops Onto...

Yield-bearing stablecoins surge to $11B, now 4.5% of market: Report


Yield-bearing stablecoins have soared to $11 billion in circulation, representing 4.5% of the total stablecoin market — a steep climb from just $1.5 billion and a 1% market share at the start of 2024.One of the biggest winners of this trend is Pendle, a decentralized protocol that enables...

DOJ is investigating Coinbase data breach— Report


The US Department of Justice is reportedly conducting a probe over Coinbase’s contracted customer service agents in India, who accepted bribes in exchange for allowing criminals access to user data.According to a May 19 Bloomberg report, DOJ investigators are looking into the data breach...

Circle plans IPO but talks with Ripple, Coinbase could lead to sale: Report


Circle, the issuer of stablecoin USDC (USDC), is still planning an initial public offering (IPO), but the company is also in informal talks with Ripple and Coinbase about a sale, according to a report from Fortune.Circle is seeking at least $5 billion, which is its target for the IPO, according...

Chinese printer maker spread Bitcoin stealing malware — Report


Chinese printer manufacturer Procolored distributed Bitcoin-stealing malware alongside its official drivers, according to local media reports.Chinese news outlet Landian News reported on May 19 that Shenzhen-based printer company Procolored has been distributing Bitcoin-stealing (BTC) malware...

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