Movement Labs and Mantra Scandal Are Shaking up Crypto Market-Making

Two of the year’s most chaotic token blowups — Movement Labs’ MOVE scandal and the collapse of Mantra’s OM — are sending shockwaves through crypto’s market-making businesses. In both cases, rapid price crashes revealed hidden actors, questionable token unlocks, and alleged side agreements that blinded market participants, with OM falling more than 90% within hours … Read more

ETH, DOGE, XRP Down 3% as Moody’s Downgrades U.S. Credit Rating

Major tokens slumped Saturday as investors digested the implications of Moody’s Ratings downgrading the U.S. credit score, with ether (ETH), XRP, and dogecoin (DOGE) dropping roughly 3%. The broader crypto market held at $3.3 trillion, paring earlier gains after briefly touching the week’s high. The move came after rating giant Moody’s cut the U.S. sovereign … Read more

Undervalued Ether Catching Eye of ETF Buyers as Rally Inbound: CryptoQuant

ETH has quietly slipped into historically rare territory as one market signal shows its deeply undervalued compared to bitcoin (BTC), at a ratio not seen since 2019, a new CryptoQuant report says. The signal comes from Ethereum’s ETH/BTC Market Value to Realized Value (MVRV) metric, a gauge of relative valuation that measures market sentiment and … Read more

New Zealand man arrested in $265M crypto scam tied to FBI probe

A man from Wellington, the capital city of New Zealand, has been arrested in connection with an FBI-led investigation into a global cryptocurrency fraud operation that allegedly stole $450 million New Zealand dollars ($265 million). According to New Zealand Police, the man is one of 13 individuals charged after authorities executed search warrants across Auckland, … Read more

Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders

Panama City Mayor Mayer Mizrachi has hinted at establishing a city-level Bitcoin reserve in a cryptic post following his meeting with two of El Salvador’s Bitcoin policy leaders. “Bitcoin Reserve,” Mizrachi wrote to X on May 16 after meeting El Salvador-based Bitcoiners Max Keiser and Stacy Herbert. While Mizrachi didn’t share details about his discussions … Read more

Build, don’t bind: Accel’s Sonali De Rycker on Europe’s AI crossroads

Sonali De Rycker, a general partner at Accel and one of Europe’s most influential venture capitalists, is bullish about the continent’s prospects in AI. But she’s wary of regulatory overreach that could hamstring its momentum. At a TechCrunch StrictlyVC evening earlier this week in London, De Rycker reflected on Europe’s place in the global AI … Read more

References: Spectral Estimation, Signal Processing, and Quantum Computing

Table of Links Abstract and 1 Introduction 1.1 ESPRIT algorithm and central limit error scaling 1.2 Contribution 1.3 Related work 1.4 Technical overview and 1.5 Organization 2 Proof of the central limit error scaling 3 Proof of the optimal error scaling 4 Second-order eigenvector perturbation theory 5 Strong eigenvector comparison 5.1 Construction of the “good” … Read more

Lower Bound for Spectral Estimation in Noisy Super-Resolution

Table of Links Abstract and 1 Introduction 1.1 ESPRIT algorithm and central limit error scaling 1.2 Contribution 1.3 Related work 1.4 Technical overview and 1.5 Organization 2 Proof of the central limit error scaling 3 Proof of the optimal error scaling 4 Second-order eigenvector perturbation theory 5 Strong eigenvector comparison 5.1 Construction of the “good” … Read more

Paraguay deports three undocumented immigrants after crypto mining theft attempt

Paraguayan law enforcement has deported three individuals and arrested another for attempting to steal crypto miners at a facility near the country’s Itaipu hydroelectric dam. According to a May 15 statement from Paraguayan prosecutor Irene Rolón, the men were caught by police soon after breaking into a locked section of Teratech SA’s facility in Coronel … Read more

Eigenvector Perturbation in Aligning Matrix Construction for ESPRIT

Table of Links Abstract and 1 Introduction 1.1 ESPRIT algorithm and central limit error scaling 1.2 Contribution 1.3 Related work 1.4 Technical overview and 1.5 Organization 2 Proof of the central limit error scaling 3 Proof of the optimal error scaling 4 Second-order eigenvector perturbation theory 5 Strong eigenvector comparison 5.1 Construction of the “good” … Read more