Crypto Daybook Americas: Bitcoin Dips, but ETF Inflows, Fed Week Keep Bulls Interested

By Omkar Godbole (All times ET unless indicated otherwise) The outlook for bitcoin (BTC) looks bullish even after the largest cryptocurrency pulled back to $95,000 from Friday’s highs above $98,000 and the total crypto market capitalization dropped under $3 trillion Among the signals, U.S.-listed spot bitcoin ETFs are rapidly absorbing supply. Last week, the 11 … Read more

Aptos exec sees Web 2.5 platforms earning ‘tons’ of revenue

While many crypto ecosystems focus on decentralization as the core tenet of Web3, Aptos is seeing success with hybrid platforms that blend Web2 and Web3 technologies, commonly referred to as “Web2.5.” In an interview at the Token2049 event in Dubai, Aptos’ head of ecosystem, Ash Pampati, told Cointelegraph that Web2.5 platforms are earning “tons of … Read more

Tether AI platform to support Bitcoin and USDT payments, CEO says

Tether AI, the forthcoming artificial intelligence platform from stablecoin giant Tether, will feature payments in major cryptocurrencies, including USDt and Bitcoin. Tether CEO Paolo Adroino took to X on May 5 to tease the imminent launch of Tether AI, the company’s new AI platform designed to offer “personal infinite intelligence.” According to Ardoino, Tether’s AI … Read more

Tether Enters AI Arena With Tether.AI

Tether is about to enter the $25 billion crypto artificial intelligence sector, according to a post by its CEO Paolo Ardoino on X. Tether AI, according to Ardoino, is a “fully open-source AI runtime, capable of adapting and evolving on any hardware and device, no API keys, no central point of failure, fully modular and … Read more

Vitalik Buterin says rollups must prove security before decentralizing

Ethereum co-founder Vitalik Buterin explained when rollup-based layer-2 platforms should go decentralized, and why “as soon as possible” is not the correct answer. In a May 5 X post, Buterin said there is a right time for rollup-based scalability solutions to transition to a decentralized model. This moment depends on how low the proof system’s … Read more

TeleMessage, a modified Signal clone used by US govt. officials, has been hacked

A hacker has exploited a vulnerability in TeleMessage, which provides modded versions of encrypted messaging apps such as Signal, Telegram and WhatsApp, to extract archived messages and other data relating to U.S. government officials and companies who used the tool, 404 Media reported. TeleMessage came into the spotlight last week after it was reported that … Read more

America’s crypto renaissance is already failing; but we can fix it

Opinion by: Shane Molidor, Founder, Forgd For years, launching a crypto project in the United States has been a maze of uncertainty. Legal ambiguity and a hostile regulatory environment have driven founders offshore, turning places like Switzerland and the Cayman Islands into global hubs for blockchain innovation.  With Trump’s election, things finally started to change, … Read more

Indonesia suspends WorldID over alleged registration violations

OpenAI CEO Sam Altman’s digital identity project World, formerly Worldcoin, is facing challenges in Indonesia amid local regulators temporarily suspending its registration certificates. The Indonesian Ministry of Communications and Digital (Komdigi) has halted the Electronic System Operator Certificate Registration (TDPSE) for World and World ID over suspicious activity and alleged registration violations, the authority announced … Read more

Notcoin says tap-to-earn ‘probably dead’ as Telegram games see shift

Notcoin, one of the most prominent Web3 gaming projects of 2024, said the tap-to-earn genre is “probably dead” as Web3 gaming shifts to more fun and engaging projects. During Token2049 in Dubai, Notcoin co-founders Sasha and Vladimir Plotvinov, along with Uliana Salo, the head of design and product lead for Not Games, spoke with Cointelegraph … Read more

Ether-Bitcoin ‘Squeeze’ Hints at Imminent Volatility as Ethereum Pectra Upgrade Nears

Crypto traders aiming to profit from a volatility surge should watch the Binance-listed ether-bitcoin (ETH/BTC) ratio, which could soon experience wild swings, according to a key indicator called Bollinger Bands. Bollinger Bands are volatility bands placed two standard deviations above and below the 20-day simple moving average of an asset’s price. The so-called Bollinger band … Read more