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FTX EU creditors can now withdraw money from Backpack exchange


Crypto exchange Backpack announced that customers of the defunct crypto exchange FTX EU can begin reclaiming their funds through its service.According to a May 12 X post, Backpack now allows FTX EU users who selected it as the redistribution platform to claim their euro balance. Users must first...

Umělá inteligence jako strážce kybernetické bezpečnosti firmy


Pojem generativní umělá inteligence se intenzivně skloňuje v posledních třech letech. Zatímco v běžném pracovním životě teprve přebírá rutinní úkoly, bezpečnostní týmy využívají AI pro ochranu dat již od konce 80. let. Jakou roli…

Crypto speculation dominates $600B cross-border payments: BIS report


Hundreds of billions of dollars in cross-border cryptocurrency payments flow globally, primarily driven by speculative investment, according to a recent report by the Bank for International Settlements (BIS).The BIS study, published May 8, found cross-border payments using the two largest...

US crypto ETFs smash new record amid 4-week inflow streak


Cryptocurrency investment products continued receiving healthy inflows last week, attracting $882 million as global crypto funds approached all-time high asset levels.Global crypto exchange-traded products (ETPs) recorded $6.3 billion of inflows in the past four weeks, accounting for 93% of total...

Ethereum flips Coca-Cola and Alibaba as ETH gains 42% in 5 days


Ether’s market capitalization surged 42% in five days following the successful launch of Ethereum’s Pectra upgrade on its mainnet. On May 12, the company data tracker 8marketcap showed that Ether (ETH) surpassing Coca-Cola and Alibaba, ranking as the world’s 39th-largest...

Crypto custodian BitGo secures MiCA license in Germany


Goldman Sachs-backed cryptocurrency custody firm BitGo is the latest cryptocurrency company to secure regulatory approval to operate across the European Union.Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), granted BitGo Europe a Markets in Crypto-Assets...

Bitcoin set for $150K BTC price rally as US, China agree to slash tariffs


Key takeaways:Bitcoin broke above $105,700 after the US and China agreed to slash tariffs.A confirmed bull flag breakout on the weekly chart projects a $150,000.Bitwise's sentiment index warns of potential short-term overheating.Bitcoin (BTC) bulls cheered a major development in the ongoing...

Can you stake Bitcoin (BTC)? Here’s what you need to know


Key takeawaysThough Bitcoin doesn’t support native staking, holders can earn yield through centralized lending platforms, Wrapped Bitcoin (WBTC) on Ethereum, and Bitcoin-related networks like Babylon and Stacks.WBTC allows BTC holders to participate in lending, liquidity pools and yield...

Feds deny late disclosure of evidence in Samourai Wallet case


US federal prosecutors have rebutted claims they suppressed evidence in their case against the co-founders of the crypto mixing service Samourai Wallet, arguing their disclosure of a conversation with Treasury Department staff was made within the required timeframes. In a May 9 letter to...

Uniswap becomes first DEX to hit $3T in all-time volume


Decentralized exchange Uniswap has hit a whopping $3 trillion in aggregate all-time volume, the first decentralized exchange to hit the number. Uniswap founder Hayden Adams noted the achievement in an X post on May 12, which included a screenshot of a Dune Analytics dashboard counting down...

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