$45 million stolen from Coinbase users in the last week — ZackXBT

Onchain sleuth and security analyst ZackXBT claims to have identified an additional $45 million in funds stolen from Coinbase users through social engineering scams in the past seven days alone. According to the onchain detective, the $45 million figure represents the latest financial losses in a string of social engineering scams targeting Coinbase users, which … Read more

Robinhood Developing Blockchain-Based Program To Trade U.S. Securities in Europe: Bloomberg

Robinhood is developing a blockchain-based program to allow traders in Europe access to U.S. financial assets, two people familiar with the matter told Bloomberg. Three blockchains, including Arbitrum (ARB), Ethereum (ETH) and Solana (SOL) are reportedly being considered for the new platform which will be in partnership with a digital asset firm, according to the … Read more

Lucid Motors’ Gravity SUV dealing with early ‘hiccups,’ interim CEO says

Lucid Motors has been working through some quality “hiccups” in the early stages of delivering its long-awaited electric SUV, according to interim CEO Marc Winterhoff. “It is true that we had some technical issues that we had to overcome around software” and the Gravity’s heads-up display, Winterhoff said on a conference call Tuesday. “There have … Read more

SpaceX’s Starlink has become a big benefactor of Trump’s tariff trade war, leaked memos show

SpaceX’s satellite internet service, Starlink, is directly benefiting from the Trump Administration’s tariff trade war, according to leaked State Department memos obtained by the Washington Post.   The memos show the U.S. pushing countries to adopt Starlink. Some show that countries believe that doing so could help lubricate their U.S. trade and tariff negotiations. One memo … Read more

FTC loses appeal to stop Microsoft’s Activision Blizzard deal that already happened

The Federal Trade Commission (FTC) has lost its appeal of a ruling in its case against Microsoft’s $68.7 billion acquisition of Activision Blizzard. In 2023, the FTC requested a preliminary injunction to prevent the companies from finalizing the deal while its legal challenge to the acquisition from 2022 was in progress. “With control of Activision’s … Read more

The Protocol: Ethereum’s Pectra Upgrade Finally Goes Live

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, the Ethereum protocol reporter on CoinDesk’s Tech team. In this issue: Ethereum Activates ‘Pectra’ Upgrade, Raising Max Stake to 2,048 ETH Bitcoin Developers Plan OP_RETURN Limit Removal in Next Release Sam Altman’s World Crypto Project Launches … Read more

US Treasury Secretary expresses support for crypto bills at hearing

Speaking at a hearing, US Treasury Secretary Scott Bessent toed the party line in suggesting support for two crypto-related bills moving through Congress. Bessent addressed lawmakers at a May 7 hearing of the House Financial Services Committee, saying that the United States should be the “premier destination for digital assets” in response to a question … Read more

AI Giants Are Battling it Out for the Ultimate Prize in AI Race: Your Web Browser

Google, OpenAI, Perplexity, they all want one thing — to control the very portal through which you access the digital world. It’s war. When I think of the general population, even some tech-loving folks like me, web browsers and operating systems aren’t exactly the most exciting things around. Chrome, FireFox, Brave, Android, iOS — talking … Read more

Hacktivists Take on Misinformation in a New Internet Age

:::info Authors: (1) Filipo Sharevski, DePaul University; (2) Benjamin Kessell, DePaul University. ::: Table of Links Abstract and Introduction 2 Internet Activism and Social Media 2.1 Hashtag Activism 2.2 Hacktivism 3 Internet Activism and Misinformation 3.1 Grassroots Misinformation Operations 3.2 Mainstream Misinformation Operations 4 Hacktivism and Misinformation 4.1 Research Questions and 4.2 Sample 4.3 Methods … Read more

COLDRIVER using new malware to steal from Western targets — Google

Threat group COLDRIVER is using new malware to steal documents from Western targets, according to a May 7 report from Google Threat Intelligence. The malware, called LOSTKEYS, shows the evolution of the group from credential phishing to more sophisticated attacks. According to the Google report, the new malware is installed through four steps. The process … Read more

New court filing shows that Meta execs agreed that Facebook was losing to TikTok

Meta CEO Mark Zuckerberg, Instagram head Adam Mosseri, and other Meta execs thought that TikTok was beating Meta at its own game. That’s according to a new filing in the U.S. Federal Trade Commission’s antitrust lawsuit against the tech giant, published on Monday. The document, dated February 2022, includes conversations among a number of Meta … Read more

Misinformation, Hacktivism, and the Future of the Internet

:::info Authors: (1) Filipo Sharevski, DePaul University; (2) Benjamin Kessell, DePaul University. ::: Table of Links Abstract and Introduction 2 Internet Activism and Social Media 2.1 Hashtag Activism 2.2 Hacktivism 3 Internet Activism and Misinformation 3.1 Grassroots Misinformation Operations 3.2 Mainstream Misinformation Operations 4 Hacktivism and Misinformation 4.1 Research Questions and 4.2 Sample 4.3 Methods … Read more

Strive Asset Management to Go Public, Launch Bitcoin Treasury Strategy With Merger

Shares of tech company Asset Entities (ASST) rose 194% on Wednesday after it announced that Strive Asset Management was merging with the NASDAQ-listed company to become a publicly traded Bitcoin (BTC) Treasury Company. The deal, structured as a reverse merger, will leave the combined company operating under the Strive name and listed on the NASDAQ. … Read more

BluSmart investors propose $30M in new funding to revive the Uber rival

A group of investors are considering a plan to inject another $30 million into BluSmart in a bid to revive the Indian cab-hailing startup that abruptly halted operations last month, TechCrunch has learned. The proposal from these existing investors has a catch: its contingent on BluSmart co-founder Anmol Singh Jaggi agreeing to resign. The proposed … Read more

Bitcoin 'Realized Cap' hits $890B as BTC traders focus on recapturing $100K

Key Takeaways: Bitcoin’s realized capitalization hit a record $890 billion, reflecting strong investor conviction as long-term and short-term holders increased allocations. Large Bitcoin holders with over 1,000 BTC have accumulated significantly since March 2025, reflecting the Q1 2024 trend. Bitcoin (BTC) price saw a short-squeeze above $97,000 on May 6, shortly after US Treasury Secretary … Read more