Month: May 2025
Bitcoin Price Tops $96K for First Time Since February Correction
“Bitcoin’s recent price appreciation is the result of long-term momentum rather than a temporary phenomenon,” an analyst told Decrypt.
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CoinDesk 20 Performance Update: Index Gains 3.2% as All Assets Trade Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2800.48, up 3.2% (+86.71) since 4 p.m. ET on Wednesday. All 20 assets are trading higher. Leaders: SUI (+8.2%) and AAVE (+5.9%). Laggards: ICP (+0.7%) and FIL (+1.4%). The … Read more
Dinari Raises $12.7M to Expand Tokenized Stock Access for Non-U.S. Investors: Report
Dinari, a crypto startup focused on tokenizing real-world assets, has raised $12.7 million in a Series A funding round led by Hack VC and Blockchange Ventures, with backing from VanEck Ventures, F-Prime, and the Avalanche Fund, according to a Fortune report. The round brings the California-based firm’s total funding to $22.65 million, Fortune reports. Dinari … Read more
Bitcoin Miners With HPC Exposure Underperformed BTC for Third Straight Month: JPMorgan
Bitcoin (BTC) mining companies with high-performance computing (HPC) exposure underperformed the world’s largest cryptocurrency for the third month in a row in April, Wall Street bank JPMorgan said in a research report on Thursday. Some bitcoin miners have pivoted into new business areas, such as offering HPC services to the fast growing artificial intelligence (AI) … Read more
Microsoft is raising prices on Xbox consoles, controllers, and games worldwide
Microsoft is raising the prices of its Xbox Series S / X consoles, Xbox controllers, and even some new Xbox games around the world. Starting today, Microsoft says it has adjusted its recommended retailer pricing for its Xbox consoles and controllers, with the Xbox Series X being bumped by $100 to $599.99. Microsoft is also … Read more
MoviePass explores a daily fantasy platform for film buffs
MoviePass, the startup that made its mark with its movie theater subscription service, has always been known for shaking things up, and its latest venture is no exception. The company announced on Thursday the beta launch of Mogul, a new daily fantasy entertainment platform designed specifically for the Hollywood industry. To understand what Mogul is, … Read more
‘Everything Is Encrypted’: Aztec’s Privacy Rollup Hits Testnet Amid Growing Demand
Aztec, a layer-2 rollup focused on privacy, shared Thursday that its testnet has finally gone live. The announcement comes as a wave of new privacy-focused solutions begins to capture the interests of large institutions that need confidentiality with large transaction batches. The team behind Aztec said that they have been working on the product for … Read more
Apple sure has had a rough 2025
It’s been a rough start to 2025 for the world’s most valuable company. Apple now faces three huge headwinds against its business: President Trump’s tariffs and whatever impact those might have on shipments from Asia; the possibility that it could lose its lucrative deal with Google to serve as the default search engine; and a … Read more
Malaysian Police Raid $8,000-a-Month, 45-Machine Bitcoin Mining Operation
The news comes as Malaysia contends with hundreds of millions of dollars in losses due to electricity theft from illegal Bitcoin mining.
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The Brief Origins of May Day
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Google is reportedly showing ads in chats with some third-party AI chatbots
Google’s AdSense advertising network started supporting ads inside users’ chats with some third-party AI chatbots earlier this year, Bloomberg reported. The company is rolling out the feature following tests with AI search startups iAsk and Liner, the report said, citing anonymous sources familiar with the matter. “AdSense for Search is available for websites that want … Read more
Kuwait Cracks Down on Illegal Crypto Mining to Protect National Grid
Kuwaiti authorities are cracking down on illegal crypto mining, with over 60 individuals now under investigation, as part of a sweeping campaign to root out unlicensed operations. The country’s Public Prosecution confirmed the investigations are ongoing and warned that more suspects could be identified in the coming weeks. The “security operation,” carried out last Friday, … Read more
Real-world assets do not need institutions yet, Plume CEO says
Amid the intensifying global race to tokenize real-world assets, the market is still too nascent for institutional adoption, according to Chris Yin, the co-founder and CEO of Galaxy-backed RWA platform Plume. Institutional capital is yet to enter the RWA market, and it will take some time for institutions to see its value, Yin told Cointelegraph … Read more
‘Cook chose poorly’: how Apple blew up its control over the App Store
In 2021, a federal judge ruled that Apple had to loosen its grip, ever so slightly, on the App Store. On Wednesday, nearly four years later, that same judge found that Apple deliberately failed to do so and tried to hide its noncompliance in the process. In a furious opinion, Judge Yvonne Gonzalez Rogers said … Read more
GAN and Tec Monterrey Forge Alliance To Boost LatAm Startup Ecosystem
Despite recent tensions between the United States government and Latin American countries over migration and tariffs, the business ecosystem within the hemisphere remains committed to cross-border investment. Ahead of President Donald Trump imposing a 25% tariff on all imports from Mexico in March, Melissa Guevara, a Senior Associate at Costa Rican VC firm Caricaco Ventures, told Contxto … Read more
Google subpoena scam: What it looks like and how to avoid it
What is a Google subpoena scam? The Google subpoena scam is a type of phishing attack where fraudsters impersonate Google to create a false sense of urgency and fear. Typically, you will receive an email that appears to come from no-reply@google.com, claiming to inform you of a subpoena, a formal legal request. The email will … Read more
Morgan Stanley Eyes Launching Crypto Trading Through E*Trade: Bloomberg
Morgan Stanley (MS) is planning to bring cryptocurrency trading to its E*Trade platform, marking the most serious move yet by a major U.S. bank to offer retail users direct access to cryptocurrencies. The initiative, still in early stages, could debut next year. The bank, Bloomberg reports, is weighing partnerships with crypto-native firms to help build … Read more
Crypto Daybook Americas: Robinhood’s Crypto Growth Presages Riot, Strategy Even as Tariffs Hit GDP
By Francisco Rodrigues (All times ET unless indicated otherwise) The impact of President Donald Trump’s reciprocal tariffs is starting to be felt. The U.S. economy contracted for the first time in three years last quarter and stock prices have seen their worst first 100-day performance of a presidential administration since 1974. Results from trading platform … Read more