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Circle co-founder to create ‘AI-native’ bank after $18M raise
20.5.2025
Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that natively leverages artificial intelligence. On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured...
German gov’t missed out on $2.3B profit after selling Bitcoin at $57K
20.5.2025
The German government missed out on more than $2 billion worth of Bitcoin profit after selling its holdings in 2024, according to blockchain intelligence firm Arkham.A “German Government (BKA)” labeled cryptocurrency wallet sold 49,858 Bitcoin (BTC) worth over $2.89 billion at...
Avalanche-backed Fusion launches with $100M to boost blockchain adoption
20.5.2025
Avalanche, Helix and Faculty Group have launched Fusion, a new blockchain ecosystem aimed at driving real-world adoption through modular infrastructure tailored to specific industries.Built on Avalanche, Fusion features a two-layer architecture that includes composers, customizable layer-1...
India’s Supreme Court urges government to regulate cryptocurrency
20.5.2025
India’s Supreme Court questioned the government’s lack of regulatory clarity on cryptocurrencies despite imposing taxes on digital assets like Bitcoin.According to the Indian legal news outlet LawChakra, the country’s Supreme Court expressed concern over the increasing use...
Why Can't India Draft a Clear Cut Crypto Policy? Country's Supreme Court Raps Government
20.5.2025
Supreme court justice Surya Kant and N Kotiswar Singh said that there is "parallel under-market" for crypto that can affect the economy
Ubisoft Explains Why You Can't Kill Animals In Assassin's Creed Shadows
19.5.2025
Assassin’s Creed Shadows is a very good game that animal lovers can enjoy because there’s no way to harm a single creature in the game (except for people, of course). That’s a first for the franchise and I wanted to learn why Ubisoft went this route for its latest open-world adventure. Read more
Who’s got the charm, cash and code to be a crypto hub?
19.5.2025
Kazakhstan, the Maldives and Pakistan have recently outlined ambitions to position themselves as crypto hubs and build out their digital economies.Historically, these countries haven’t been top of mind for global crypto firms — though Kazakhstan did have a brief moment in the spotlight...
Community sales are the future of crypto fundraising
19.5.2025
Opinion by: Darius Moukhtarzadeh, Research Strategist at 21SharesA new wave of crypto fundraising is emerging, changing how Web3 projects launch and who can invest at an early stage: Community Sales. At first glance, community sales may seem reminiscent of the ICO (Initial Coin Offering) era from...
Chinese printer maker spread Bitcoin stealing malware — Report
19.5.2025
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...
Franklin taps blockchain to offer yield on idle payroll funds
19.5.2025
Franklin, a hybrid cash and crypto payroll provider, is launching a new initiative that aims to turn idle-sitting payroll into an opportunity for yield.The new solution, dubbed Payroll Treasury Yield, uses blockchain lending protocols to help firms earn returns on payroll funds that would otherwise...
Pioneer Explains Why Crypto Has Not Achieved Its Potential in the Payments Sector
19.5.2025
Wei Dai, a cryptocurrency pioneer known for designing the b-money system, a precursor to bitcoin, criticized the current level of crypto adoption for payments. Dai highlighted that even with the shortcomings of fiat payments, crypto has not managed to make a significant impact in this field....
Vitalik Buterin proposes partially stateless nodes for Ethereum scaling
19.5.2025
Ethereum co-founder Vitalik Buterin unveiled a proposal to preserve trustless, censorship-resistant access to Ethereum, even as the network scales. On May 19, Buterin shared a post outlining how to make Ethereum’s layer-1 scaling “more friendly” to users running local nodes...
Metaplanet scoops 1,004 Bitcoin in 2nd-biggest buy ever
19.5.2025
Japanese investment firm Metaplanet has made its second-largest single Bitcoin purchase ever, scooping up more than 1,000 Bitcoin as the cryptocurrency came within 3% of its all-time high.Metaplanet said on May 19 that it purchased 1,004 Bitcoin (BTC) for a total cost of around 15.2 billion...
Coinbase hit with wave of lawsuits over customer data breaches
19.5.2025
Coinbase has been hit with a flood of lawsuits after it recently disclosed its user data was breached, with users accusing the crypto exchange of mishandling the incident.At least six lawsuits were filed against Coinbase between May 15 and May 16, which all made various claims that the exchange...
‘Sats’ vs ‘bits’ debate reignites amid proposal to change Bitcoin base unit
19.5.2025
A recent proposal that aims to change Bitcoin’s base unit to make it easier to understand as a payment tool has run into opposition, with critics saying Bitcoin’s satoshis are no more confusing than the dollar’s cents. Bitcoin developer John Carvalho introduced Bitcoin Improvement...
Coinbase faces lawsuit over alleged breaches of Illinois biometric privacy law
19.5.2025
A group of Coinbase users from Illinois have filed a class-action lawsuit against the crypto exchange, alleging that its identity checks violate the state’s Biometric Information Privacy Act (BIPA).Plaintiffs Scott Bernstein, Gina Greeder and James Lonergan claimed in the May 13 lawsuit filed...
Bitcoin notches record weekly close after highest-ever daily close candle
19.5.2025
Bitcoin has notched its highest-ever weekly close as crypto market momentum continues and the cryptocurrency is again nearing its all-time high.Bitcoin (BTC) has closed at a weekly gain for the past six weeks in a row, and its most recent close at midnight UTC on May 18 was its highest weekly close...
Australian feds seize mansion, Bitcoin allegedly linked to crypto exchange hack
19.5.2025
An Australian man from the state of Queensland has forfeited Bitcoin, a waterfront mansion and a Mercedes-Benz car after Australian Federal Police claimed the assets could be linked to the proceeds of crime.The AFP-led Criminal Assets Confiscation Taskforce (CACT) said in a May 18 statement that...
Russia arrests Blum co-founder Vladimir Smerkis on fraud charges
19.5.2025
Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project.The Zamoskvoretsky District Court of Moscow approved a request from investigators to keep...
Bitcoin impulse move toward new highs sets a fire under HYPE, ETH, XMR and AAVE
19.5.2025
Key points:Bitcoin’s rally to $105,980 has traders predicting new all-time highs this week. Traders lift their end-of-year Bitcoin price targets to $200,000 based on technical factors and institutional investor adoption. Bitcoin (BTC) has been stuck in a narrow range for the past...