Internet Roadtrip: Vote to steer
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Month: May 2025
Movement Labs Terminates Rushi Manche After MOVE Token Deals
Movement Labs, the development firm of the Movement network, has officially cut ties with co-founder Rushi Manche following controversy surrounding undisclosed MOVE token deals. The announcement came via the company’s X account early Tuesday, stating that “Movement Labs has terminated Rushi Manche’s employment and all affiliations with the company effective immediately.” It has yet to … Read more
Voltage Finance exploiter moves $182K in ETH to Tornado Cash
A hacker involved in the $4.67 million exploit of the decentralized finance lending protocol Voltage Finance in 2022 has moved some of the stolen Ether to Tornado Cash after a short hibernation. Blockchain security firm CertiK said in a May 6 post to X that the 100 Ether (ETH), worth $182,783 at current prices, was … Read more
Bigger Bitcoin wallets are stacking while others sell: Santiment
Key takeaways: Large Bitcoin holders have accumulated 81,338 BTC over the past six weeks, showing confidence in a future price uptrend. Wallets with less than 0.1 BTC sold around 290 BTC, indicating smaller retail investors are either panic selling or selling out of boredom. Spot Bitcoin ETFs have seen $4.41 billion in inflows since March … Read more
Forecasting Fed-Induced Price Swings in Bitcoin, Ether, Solana and XRP
It’s the Fed day again, and traders are seeking cues on how much volatility this key event might spark. According to Volmex’s implied volatility indices, major tokens could see price swings, but nothing out of the ordinary is anticipated. According to data source TradingView, Volmex’s annualized one-day bitcoin implied volatility index (BVIV) stood at 49% … Read more
BlackRock Bitcoin ETF clocks 16 days of inflow as BTC reclaims $97K
Investors have been piling into BlackRock’s spot Bitcoin exchange-traded fund for over three weeks straight, culminating in the asset’s run up to $97,000 on May 7. The BlackRock iShares Bitcoin Trust has seen 16 days of inflows for the spot BTC ETF, with a further 280 Bitcoin (BTC) or around $36 million piling into the … Read more
South Korea presidential front-runner pledges to approve Bitcoin ETFs
South Korea’s Democratic Party leader Lee Jae-myung has reportedly become the latest presidential candidate to promise the approval of spot crypto exchange-traded funds (ETFs) and other crypto-friendly measures, should he be elected. Lee announced his crypto promises on May 6 as part of a broader initiative to provide more investment opportunities for Korea’s youth, one … Read more
Coinbase CEO’s Biotech Firm Gets $130M to Fight Aging With AI, Genomics
NewLimit’s Series B raise adds fuel to Silicon Valley’s growing obsession with anti-aging science and biohacking immortality.
The State of SSL Stacks
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World Liberty Financial floats USD1 airdrop to WLFI holders
Trump family-backed crypto platform World Liberty Financial (WLFI) is proposing to airdrop a small amount of its new US dollar-pegged stablecoin to reward early WLFI holders in a test of its airdrop mechanism. With over 99% of votes in favor of the proposal already, the airdrop will distribute a small amount of USD1 to eligible … Read more
Coinbase x402 payments protocol to make AI agents more autonomous
Coinbase has introduced a new payments protocol for online payments that enables stablecoin transfers over standard internet protocols and AI agents to transact autonomously. On May 6, Coinbase announced that it is launching a protocol called x402 for instant stablecoin payments directly over the internet communication protocol HTTP (Hypertext Transfer Protocol). It allows Application Programming … Read more
Bitcoin must hold above $95K or face short-term rejection: Bitfinex
Key takeaways: Bitcoin must maintain above $95,000 to have a chance at retesting its $109,000 all-time high; failure to hold could lead to a deeper correction, crypto analysts warn. Several crypto analysts told Cointelegraph in March that Bitcoin may have a chance of reaching new all-time highs in June. The upcoming Federal Reserve decision on … Read more
Zerebro dev’s death in question as ‘proof’ surfaces on X
Members of the crypto community are circulating apparent “proof” that Zerebro developer Jeffy Yu faked his suicide as he promoted his new memecoin during a Pump.fun livestream on May 4. The belief appears to come from an unverified private letter supposedly sent by Yu to a Zerebro investor, trading activity linked to crypto wallets owned … Read more
Democrats aim at Trump’s crypto profits with a 3-prong pincer move
US Democrat lawmakers have launched a multi-angle attack on President Donald Trump’s crypto ventures with two bills and a subcommittee inquiry aimed at cutting his ability to profit from the initiatives. The Modern Emoluments and Malfeasance Enforcement Act, or the MEME Act, aims to prevent federal officials from using their position to profit from memecoins, … Read more
Luna Parc Home and Studio
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Bitcoin, Gold Rise as Investors Await Fed Decision Amid Global Tensions
Gold advanced and Bitcoin held firm Tuesday as investors braced for the Fed’s policy decision and weighed geopolitical and trade tensions.
Benchmark Is Bullish on Bitcoin Miner Maker Canaan With 5X Price Target
Investment bank Benchmark slapped Bitcoin miner manufacturer Canaan with a “buy” rating in a Tuesday note, projecting a sizable price spike.
Bitcoin Races Above $97K on U.S./China Trade Deal Progress
A thawing in the trade stance from both the U.S. and China has sent risk assets higher in the hours since the U.S. stock market closed on Wednesday. “The current tariffs and trade barriers are unsustainable, but we don’t want to decouple,” said U.S. Treasury Secretary Scott Bessent, disclosing plans to travel to Switzerland to … Read more
Eagle Hunters of Kyrgyzstan
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Creativity came to pass
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Senate to Vote on GENIUS Act as GOP Presses Forward Despite Mounting Opposition
Senate Republicans are advancing a Thursday vote on a sweeping stablecoin regulation bill despite bipartisan pushback and uncertainty.
ElizaOS Vulnerability Shows How AI Can Be Gaslit Into Losing Millions
Princeton University researchers have found crypto AI agents like ElizaOS are vulnerable to memory-based manipulation hacks.
Ethereum Activates ‘Pectra’ Upgrade, Raising Max Stake to 2,048 ETH
Ethereum activated its long-awaited “Pectra” upgrade on Wednesday, marking the blockchain’s most significant overhaul since the Merge in 2022. The update aims to streamline staking, enhance wallet functionality, and improve overall efficiency. It arrives as Ethereum contends with rising competition and internal debates over its direction. The Pectra upgrade, a “hard fork” in blockchain parlance, … Read more