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Former CFTC Chair Christopher Giancarlo joins crypto bank Sygnum
27.5.2025
Christopher Giancarlo, former chairman of the US Commodity Futures Trading Commission (CFTC), has joined Sygnum in an advisory role, where he will help the crypto bank navigate global regulations amid growing institutional interest in digital assets. Giancarlo’s appointment as senior...
Bitcoin long-term holders ‘quietly capitalizing’ with drop to $109K
27.5.2025
Bitcoin markets recently experienced two major liquidation events, causing a cascade of forced selling from over-leveraged traders, but analysts say a distinct pattern has emerged.“Overleveraged short-term traders were flushed out, long-term holders have been quietly capitalizing on...
Bitcoin long-term holders ‘quietly capitalizing’ with drop to $109K
27.5.2025
Bitcoin markets recently experienced two major liquidation events, causing a cascade of forced selling from over-leveraged traders, but analysts say a distinct pattern has emerged.“Overleveraged short-term traders were flushed out, long-term holders have been quietly capitalizing on...
Migos Instagram account hacked in apparent blackmail bid on Solana co-founder
27.5.2025
The Instagram account of former US rap trio Migos was hacked in an apparent attempt to blackmail Solana co-founder Raj Gokal.On May 27, Migos’ Instagram account posted at least seven images seen by Cointelegraph that have since been deleted. Two of the images appeared to depict Gokal holding...
Migos Instagram account hacked in apparent blackmail bid on Solana co-founder
27.5.2025
The Instagram account of former US rap trio Migos was hacked in an apparent attempt to blackmail Solana co-founder Raj Gokal.On May 27, Migos’ Instagram account posted at least seven images seen by Cointelegraph that have since been deleted. Two of the images appeared to depict Gokal holding...
Saylor says onchain proof-of-reserves a ‘bad idea’ due to security risks
27.5.2025
Michael Saylor, the executive chair of major Bitcoin-buying firm Strategy, formerly MicroStrategy, says institutions posting onchain proof-of-reserves is a “bad idea” that could pose security risks.“The current, conventional way to publish proof of reserves is an insecure proof...
Saylor says onchain proof-of-reserves a ‘bad idea’ due to security risks
27.5.2025
Michael Saylor, the executive chair of major Bitcoin-buying firm Strategy, formerly MicroStrategy, says institutions posting onchain proof-of-reserves is a “bad idea” that could pose security risks.“The current, conventional way to publish proof of reserves is an insecure proof...
Meta’s AI boss says current AI lacks ‘intelligent behavior’ — Report
27.5.2025
Current artificial intelligence models lack the major traits of human intelligence, Meta’s AI chief has reportedly said, claiming that the firm’s latest model will solve this issue. Business Insider reported on May 26 that at the AI Action Summit in Paris earlier this year, Meta...
Meta’s AI boss says current AI lacks ‘intelligent behavior’ — Report
27.5.2025
Current artificial intelligence models lack the major traits of human intelligence, Meta’s AI chief has reportedly said, claiming that the firm’s latest model will solve this issue. Business Insider reported on May 26 that at the AI Action Summit in Paris earlier this year, Meta...
Asia Morning Briefing: Thai Banks May Soon Hold Crypto, SCB10X CEO Signals Sandbox Push
27.5.2025
PLUS: SCB10X's new CEO, Kaweewut Temphuwapat, predicts clearer regulations and fintech innovation in Thailand will drive stronger crypto deal flow across Southeast Asia
France’s Blockchain Group to buy 590 Bitcoin after bond sale
27.5.2025
The Paris-based crypto company Blockchain Group is adding more Bitcoin to its growing treasury through a 63.3 million euro ($72 million) bond sale.The company hopes to buy another 590 Bitcoin (BTC) with the funds, increasing its total holdings to 1,437 BTC, the Blockchain Group said on...
France’s Blockchain Group to buy 590 Bitcoin after bond sale
27.5.2025
The Paris-based crypto company Blockchain Group is adding more Bitcoin to its growing treasury through a 63.3 million euro ($72 million) bond sale.The company hopes to buy another 590 Bitcoin (BTC) with the funds, increasing its total holdings to 1,437 BTC, the Blockchain Group said on...
Another suspect to surrender in NYC crypto torture case: Reports
27.5.2025
A second person suspected of being involved in a high-profile crypto kidnapping case in New York City is expected to turn himself in to police, according to several reports.The second man is a Swiss crypto investor who allegedly assisted business partner Joel Woeltz, who is accused of kidnapping...
Another suspect to surrender in NYC crypto torture case: Reports
27.5.2025
A second person suspected of being involved in a high-profile crypto kidnapping case in New York City is expected to turn himself in to police, according to several reports.The second man is a Swiss crypto investor who allegedly assisted business partner Joel Woeltz, who is accused of kidnapping...
Bitlayer secures 31.5% of Bitcoin's hashrate to bring smart contracts to BTC
27.5.2025
Bitlayer’s Bitcoin smart-contract system is being implemented by mining pools behind 31.5% of the network’s hashrate, a development that will help ensure that its system will operate on the Bitcoin blockchain, the company said.According to a May 27 announcement shared with...
Bitlayer secures 31.5% of Bitcoin's hashrate to bring smart contracts to BTC
27.5.2025
Bitlayer’s Bitcoin smart-contract system is being implemented by mining pools behind 31.5% of the network’s hashrate, a development that will help ensure that its system will operate on the Bitcoin blockchain, the company said.According to a May 27 announcement shared with...
Wall Street’s Crypto Coup? Mega Banks Quietly Gear Up for Stablecoin Entry
23.5.2025
America’s leading financial institutions are eyeing stablecoins, and a recent report reveals that multiple banks are quietly collaborating on ventures to debut crypto assets tethered to the U.S. dollar. WSJ: Stablecoin Bloc Forms Behind Closed Doors Should the Guiding and Establishing National...
Major U.S. Banks Mull Jointly Launching Stablecoin: WSJ
23.5.2025
Such a stablecoin, potentially open to other banks, aims to improve transaction speeds and efficiency while fending off competition from crypto firms
US big banks hold early talks on joint crypto stablecoin: WSJ
23.5.2025
Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin.Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin The Wall Street Journal reported on May 22, citing...
US big banks hold early talks on joint crypto stablecoin: WSJ
23.5.2025
Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin.Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin, The Wall Street Journal reported on May 22, citing...