A March social media post announcing the president’s plans for a strategic crypto reserve reportedly came from an employee of a lobbying firm tied to Ripple Labs. US President Donald Trump was reportedly manipulated by a lobbyist tied to Ripple Labs into announcing the XRP token would be part of his plans for a national …
Continue reading “Trump tricked into pushing XRP for crypto reserve: Report”
The GENIUS Act failed to clear a procedure called cloture by one vote after pushback from Senate Democrats, who raised concerns about US President Donald Trump’s crypto ventures. The Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, known as the GENIUS Act, failed to pass cloture in the United States Senate on …
Continue reading “US Stablecoin bill blocked as Democrats withdraw support”
An Israel-based cyber intelligence firm has reportedly been ordered to pay damages for the security breach of the instant messaging platform WhatsApp that occurred six years ago. The NSO Group is behind the zero-click spyware Pegasus, which allows hackers to infiltrate smartphones without requiring user interaction, such as clicking a link or opening a message. …
StarkWare general counsel Katherine Kirkpatrick Bos said the OCC has shifted its approach and now appears to favor a focus on integrating crypto within banking frameworks. The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsource some crypto activities to …
Continue reading “US banks can handle customer crypto assets held in custody, regulator confirms”
Bitcoin (BTC) reclaimed the $100,000 mark for the first time in over two months, driven by bullish market sentiment, rising institutional adoption, and renewed macroeconomic confidence after President Donald Trump announced a major trade deal with the UK on May 8. Bitcoin hit an intraday high of $101,493, extending a broader rally that has gained …
Continue reading “Bitcoin hits $101k to reclaim six-figures as Trump confirms US, UK trade deal”
The Ethereum Foundation has announced the distribution of over $32 million in grants during the first quarter of 2025. According to the May 8 update, the funding was issued through its Ecosystem Support Program and spread across 94 projects. While the report categorized the recipients by theme and focus area, it did not disclose the …
Continue reading “Ethereum Foundation boosts ecosystem with $32M in grants in Q1 2025”
Bitcoin’s net unrealized loss (NUL) dropped to 0.0034 on May 7, its lowest reading since Feb. 20, as BTC’s intraday high climbed to $97,731. Such low levels of unrealized loss suggest that almost all BTC held across the network is either in profit or breakeven, with only a small fraction of the supply underwater. Graph …
Continue reading “Bitcoin’s unrealized losses drop to three-month low as price nears $100,000”
LockBit, one of the most well-known Ransomware-as-a-Service (RaaS) groups, suffered a serious security breach that exposed around 60,000 Bitcoin addresses. On May 8, blockchain security firm SlowMist reported that hackers exploited a PHP 0-day or 1-day vulnerability to gain unauthorized access to LockBit’s backend systems and admin console. SlowMist pointed out that the hack resulted …
Coinbase has agreed to acquire crypto derivatives platform Deribit in a deal valued at approximately $2.9 billion. The agreement, which includes a mix of cash and Coinbase stock, would mark the largest acquisition in the company’s history. Deribit confirmed the acquisition on X (formerly Twitter) today, May 8, stating, “We’re excited to join forces with …
Continue reading “Coinbase agrees to acquire Deribit in landmark $2.9 billion deal”
Ethereum is eyeing an increase in its gas limit by 66% to 60 million units to improve transaction capacity and network efficiency. On May 7, Ethereum core developer Parithosh Jayanthi confirmed that the 60 million gas limit would be rolled out on the blockchain’s mainnet network after successfully testing on the Sepolia and Holesky testnets. …
Continue reading “Post Pectra, Ethereum now targets efficiency with 60 million gas limit expansion”
Crypto wallets offer diverse security options for managing digital assets, balancing convenience and robust protection for users worldwide. Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Go to Source
Bitcoin cracked the $100,000 ceiling on Thursday for the first time since February, notching a high-water mark that had traders buzzing. During the morning stretch, it floated near $99,800 before catapulting to an intraday top of $101,454. The breakout rides the wave of buoyancy in U.S. equities after Trump announced that fresh trade agreements with …
Continue reading “Bitcoin Blasts Past $100K as Trump Hints at Global Trade Deals”
A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solana’s Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solana’s Low Fees Fuel Explosion of Meme Coin Fraud, Research Shows The findings, detailed in Solidus Labs’ “2025 Rug …
Continue reading “Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulent “
This content is provided by a sponsor. PRESS RELEASE. Singapore, May 8, 2025 – HTX, a leading global cryptocurrency exchange, has launched the Mars Program: Special Edition, a landmark campaign that will send one user on a $6 million space voyage, fully sponsored by Justin Sun, Advisor to HTX, and Founder of TRON. The campaign …
Alpen Labs has introduced the bitcoin dollar (BTD), a bitcoin-collateralized stablecoin built on zero-knowledge rollup technology, aiming to provide a censorship-resistant alternative to centralized stablecoins. ZK Rollups Power Alpen’s New Bitcoin-Backed Stablecoin The bitcoin dollar (BTD) will operate as an over-collateralized stablecoin pegged to the U.S. dollar, using bitcoin ( BTC) as its sole backing …
Continue reading “Alpen Labs Launches Bitcoin-Backed Stablecoin to Boost Censorship Resistance”
