The X account of the Ethereum layer 2 network ZKsync and its developer Matter Labs were compromised early on May 13, with hackers falsely claiming the network was being probed by US authorities, among other scam messages. A ZKsync-related X account posted on May 13, confirming the accounts for ZKsync and Matter Labs were compromised, … Read more
Crypto bank Anchorage Digital has expanded its stablecoin offerings with the acquisition of Mountain Protocol, a stablecoin issuer that says it will begin winding down its main stablecoin, Mountain USD (USDM). The acquisition, which is subject to customary closing conditions and regulatory approval, will integrate the Mountain Protocol team, tech stack and licensing framework into … Read more
Key Takeaways: Dogecoin’s 38% surge reflects strong market demand, with spot-buyer volumes taking charge since March. A bullish MACD crossover has traders predicting a 180% rally, with targets at $0.65 and $1. Dogecoin’s (DOGE) price rallied in lockstep with Ethereum over the past 7 days, gaining 38% in May, which is its strongest monthly performance … Read more
Ethereum’s recent rally has reignited bullish sentiment, but analysts warn further gains hinge on sustained demand and stronger fundamentals.
The S25 Edge is just 5.8mm thick, not counting the camera bump. Samsung’s thin phone is here. The Galaxy S25 Edge – first teased back in January – is essentially a slimmed-down S25 Plus, with the same 6.7-inch OLED display, Snapdragon 8 Elite for Galaxy chipset, and AI features. The compact design comes at a … Read more
Decentralized finance (DeFi) protocol Curve Finance has warned that a hacker has again hijacked its domain name system (DNS), sending users to a malicious website. In the second attack on its infrastructure in a week, the “curve.fi DNS might be hijacked. Don’t interact!” the team said in a May 12 warning to X. In a … Read more
Get ready for more Fallout. The second season of the hit Prime Video show will premiere in December, and the show has already been renewed for a third, Variety reports. The second season will “pick up in the aftermath of Season One’s epic finale and take audiences along for a journey through the wasteland of … Read more
Ahead of the premier NYC Crypto Summit, Adams calls for smart regulation and public-private collaboration.
A free RCS chat using Gemini AI offers a loophole to access the internet during a flight—without the pricey Wi-Fi bill.
Aave, a decentralized finance (DeFi) protocol, has reached a new record of funds onchain, according to data from DefiLlama. In an X post, Aave said it topped $40.3 billion in total value locked (TVL) on May 12. Onchain data reveals that Aave v3, the latest version of the protocol, has approximately $40 billion in TVL. Aave … Read more
Crypto.com and Dubai’s finance department are working together to make crypto payments a reality for the city’s government.
An analysis by Epoch AI, a nonprofit AI research institute, suggests the AI industry may not be able to eke massive performance gains out of reasoning AI models for much longer. As soon as within a year, progress from reasoning models could slow down, according to the report’s findings. Reasoning models such as OpenAI’s o3 … Read more
The list of the top holders of US President Donald Trump’s memecoin has been finalized ahead of background checks to apply for a dinner and “VIP tour” with the president on May 22. In a May 12 X post, the TRUMP memecoin project said it would stop considering additional purchases for a dinner with the … Read more
Comments
Crypto investors dug deep into their pockets to secure a VIP spot at President Trump’s upcoming reception and dinner.
Coinbase Global (COIN) will join the Standard and Poor’s 500 (S&P500) index fund on May 19, financial information services platform S&P Global said in a recent statement. The crypto exchange will replace Discover Financial Services (DFS), which was recently acquired by Capital One Financial Corp (COF), S&P Global said on May 12. S&P Global’s confirmation … Read more
Key Takeaways: Bitcoin exhibits a bearish breakout from an ascending channel, with the risk of profit-taking near $106,000. A lower-than-expected US Consumer Price Index (CPI) print could boost Bitcoin, but a higher CPI may increase bearish pressure, leading to a price drop below $100,000. Bitcoin (BTC) price reached an intraday high of $105,800 on May … Read more
The US government has asked a federal judge to impose a two-year sentence for Eric Council Jr., the individual who helped post a fake message announcing the approval of Bitcoin exchange-traded funds through the Securities and Exchange Commission’s (SEC’s) X account. In a May 12 filing in the US District Court for the District of … Read more
Duolingo is making a big change: it’s moving on from hearts in favor of a new “energy” mechanic. The idea is to switch from a system that punishes mistakes to one that’s intended to feel more motivating — and a bit more gamified. Under the old system, you’d lose a heart if you made a … Read more
Crypto exchange Coinbase (COIN) surged over 8% on Monday after market closing on news that the stock will be included in the broad-market S&P 500 stock index. The company would replace Discover Financial starting on May 19, according to an S&P press release. Discover Financial is being acquired by Capital One. The S&P 500 tracks … Read more
Blockchain technology could enable “a broad swath of novel use cases for securities” and foster “new kinds of market activities that many of the Commission’s legacy rules and regulations do not contemplate today,” Securities and Exchange Commission (SEC) Chairman Paul Atkins said. During his keynote address at the Commission’s May 12 roundtable on tokenization and … Read more
The Trump-tied Bitcoin mining company is going public.
It’s Friday afternoon, and your dashboards look great. Charts are green. CPU usage is stable. Database query times are within your SLA. You’re feeling great and ready for the weekend. But little do you know, there’s a significant issue being overlooked by all your metrics—and it’s about to ruin your weekend. Unfortunately, you don’t know … Read more
The US Energy Department says it’s rolling back long-standing efficiency standards for appliances, which advocates are calling a clear violation of the law. Continuing the Trump administration’s assault on federal water and energy efficiency programs, the department announced today what it’s calling its “largest deregulatory effort in history.” The agency is trying to rollback 47 … Read more
AllTrails, the hiking and biking companion that was named 2023’s iPhone App of the Year, is launching a new premium membership called “Peak” that includes an upgraded feature set. This $80-per-year subscription will introduce AI tools to build custom routes, real-time trail condition forecasts, trail traffic heatmaps, and a feature that lets you identify trees … Read more
Crypto exchange Coinbase will begin trading on the S&P 500 next week. Traders are celebrating the news, with the price rising after hours.