Month: May 2025
Ugly Gerry
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Downside Insurance on BlackRock’s Spot Bitcoin ETF is Now Pricer Than Bullish Bets
Early Thursday, CoinDesk reported bullish-to-neutral shift in sentiment in the options market tied to BlackRock’s spot bitcoin exchange-traded fund (ETF). But by the end of the day, the situation worsened further, with sentiment turning slightly bearish. The one-year put-call skew, which reflects how the market prices in volatility risk for put options, offering downside protection, … Read more
XRP Drops 6% as Global Economic Tensions Trigger High-Volume Selloff
XRP XRP took a sharp hit overnight, shedding more than 6% in a high-volume correction that left traders on edge amid mounting global economic uncertainties. The drop — from $2.305 to a low of $2.163 — came as the cryptocurrency market reeled from a U.S. court ruling that overturned Trump-era trade tariffs, rattling investor confidence … Read more
DeepSeek’s new model a ‘step backward’ for free speech: AI dev
DeepSeek’s latest AI model flags Xinjiang camps as human rights violations but censors direct criticism of China, raising concerns over contradictions and increased censorship.
Bitcoin Cash Slumps 4% as $400 Support Faces Heavy Selling Pressure
Bitcoin Cash BCH tumbled more than 4% in the past 24 hours, rattled by a midnight selloff that saw volume spike to 35,649 units and price action plunge below key resistance levels. The decline — from $422.48 to a low of $403.83 — underscores the bearish sentiment gripping the crypto market amid broader economic uncertainties. … Read more
Dogecoin Plunges 10% in Midnight Crash, Struggles to Find Footing
Dogecoin DOGE, the popular meme cryptocurrency, endured a rough night as it plunged over 10% in a sudden sell-off that rattled markets. The drop — from $0.226 to $0.202 — occurred around midnight, coinciding with a surge in trading volume to 1.18 billion, highlighting a scramble among traders reacting to broader market jitters. While DOGE … Read more
Take9 Won’t Improve Cybersecurity
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Digital euro, not MiCA, key to manage crypto risks: Bank of Italy chief
MiCA has had a limited impact on the adoption of compliant stablecoins in Europe, strengthening the need for the digital euro, Bank of Italy governor Fabio Panetta said.
US imposes new rules to curb semiconductor design software sales to China
Siemens EDA, Cadence and Synopsys have received notices from the U.S. Commerce Department about new export controls on chip design software to China.
How Secure Backup Systems Prevent Recovery Failures
Table of Links Abstract and 1. Introduction Related Work 2.1 The Alternative-Authenticator Approach 2.2 The Original-Authenticator Approach The Proposed Secret Backup Approaches 3.1 Notations 3.2 Assumptions 3.3 The Direct-Escrow Method 3.4 Our Proposed Algorithms Security and Reliability Analysis 4.1 Security Analysis 4.2 Reliability Analysis 4.3 Recovery Failure Rate Analysis 4.4 Real World Parameters 4.5 Failure … Read more
Grocery platform Misfits Market acquires The Rounds to further its mission of reducing food waste
Misfits Market, the online platform that delivers imperfect groceries to help minimize waste, announced the acquisition of household restocking service The Rounds on Friday. As a result of the deal, Misfits Market plans to take on over 250 items from The Rounds’ inventory. This allows the company to diversify into additional categories, such as household … Read more
SEC drops Binance lawsuit in yet another gift to crypto
Two years after legal proceedings began, the SEC has formally dropped its lawsuit against Binance, the world’s largest crypto exchange. It was one of the US government’s final ongoing actions against crypto companies. Lawyers for the SEC and Binance jointly moved to dismiss the case in a filing on Thursday. It follows a 60-day pause … Read more
James Wynn Goes Long on PEPE Hours After Losing $100M on Leveraged Bitcoin Bet
“James Wynn,” the closely-watched trader, has now placed a $12 million worth of long bet on PEPE just hours after losing over $100 million in bitcoin BTC long positions. Wynn, known for placing billion-dollar bets on the onchain trading platform Hyperliquid, opened a new 10x leveraged long worth more than $12 million on the memecoin … Read more
Bitcoin, Ethereum Dip as Trump Tariffs Back on the Table
Bitcoin’s drop reflects repositioning as tariff uncertainty rises, though sentiment may rebound if clarity returns, analysts told Decrypt.
SEC crypto staking guidance ‘major step forward’ for US: Crypto Council
The SEC said protocol staking isn’t a securities transaction, marking a key win for crypto regulation and paving the way for potential ETF staking approval.
Sui community passes vote to repay $162M to Cetus exploit victims
Sui validators voted to return $162 million in frozen assets from the Cetus exploit, enabling a full recovery and restart plan for impacted users.
Crypto Daybook Americas: Bitcoin Slips as Tariff Ruling Reversal Rattles Markets
By Francisco Rodrigues (All times ET unless indicated otherwise) Cryptocurrency markets fell Friday as renewed concerns over U.S. trade policy unsettled traditional markets and outweighed news that otherwise might be seen as positive for the industry. The CoinDesk 20 (CD20) Index, a measure of the broad crypto market, fell 4.4% to 3,129 in the past … Read more
RFK Jr.’s ‘Make America Healthy Again’ report seems riddled with AI slop
The White House says a “formatting issue” was behind the citation errors. | Image: Demetrius Freeman / Getty Images There are some questionable sources underpinning Robert F. Kennedy Jr.’s controversial “Make America Healthy Again” commission report. Signs point to AI tomfoolery, and the use of ChatGPT specifically, which calls into question the veracity of the … Read more
How Institutions Are Bridging Crypto and Traditional Banking
For years, headlines have portrayed cryptocurrency as an enemy of banks. The phrases “disrupt,” “replace,” and “revolt” were most commonly used. The plot was straightforward: cryptocurrency would destroy the banking system and replace it with something new. However, in 2025, that story is no longer applicable. What is actually happening is significantly less dramatic but … Read more
ATOM Faces High Volatility Amid Notable Price Swings
ATOM saw significant volatility with prices ranging from a high of $4.848 to a low of $4.413. Over the past two hours, fluctuations were observed with peaks at $4.492 and troughs at $4.454. Geopolitical tensions and evolving trade policies influenced ATOM’s performance, impacting broader financial markets and cryptocurrency valuations alike. Increasing interest in ATOM and … Read more
Tron’s TRX Faces Rising Risk of Bearish Momentum After High-Volume Drop to 27 Cents
Tron’s native token, TRX, faced intense selling pressure in the past 24 hours, marking a price from 27.7 cents to 27 cents. The high-volume decline happened alongside turbulence in the broader market influenced by geopolitical tensions and evolving investor sentiment. These macroeconomic factors compound the challenges already presented by high trading volumes. However, the final … Read more
SUI Plunges 9% Amid Flash Crash and Extraordinary Selling Volume
SUI plummeted 9.25% from $3.72 to $3.38, with heaviest selling during midnight hours UTC on volume 78% higher than daily average The recent correction comes amid broader geopolitical tensions affecting cryptocurrency markets globally. While Bitcoin has shown resilience above critical resistance zones, SUI has faced downward pressure despite strong fundamentals. The Cetus Protocol exploit that … Read more
Binance Futures List HYPE Token Amid Feverish Trading Activity in Hyperliquid
Binance Futures listed HYPE, the native token of rival derivatives exchange HyperLiquid, on Friday. HYPE rose by 77.5% over the past 30 days as it made its way into the 15 largest cryptocurrencies by market cap. The Binance listing is a USD-margined perpetual contact that offers up to 75x leverage. Prominent trader and HyperLiquid supporter … Read more
AI is not our future – Procreate
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Google fixes bug that led AI Overviews to say it’s now 2024
Google has fixed a bug that led AI Overviews to say it’s 2024 when it was asked if this year is 2025.