$364 Million Lost in April to Crypto Hacks, Scams: CertiK
Most of these losses relate to a single incident—with 3,520 BTC stolen from an elderly U.S. citizen following a phishing attack.
Month: May 2025
21Shares Files for SUI ETF, SUI Rises 4%
Swiss asset manager 21Shares has filed a S-1 registration form for a SUI exchange-traded fund (ETF) to the Securities and Exchange Commission (SEC). SUI is currently trading at $3.67, rising by 4% after the filing went live on the SEC’s website. “Since our earliest research into Sui, we believed it could become one of the … Read more
Bitcoin price about to 'blast' higher as Fed rate cut odds jump to 60%
Key takeaways: Bitcoin holds $95,000 as Fed rate cut odds rise to 60% for June 18 as US economy slumps. Breaking $95,000 could push BTC price toward $100,000, while dropping below $93,000 may bring the $84,000 back into the picture. Key Bitcoin levels to watch remain around the long-term holders’ cost basis. Bitcoin (BTC) is … Read more
MultiBank, MAG, Mavryk ink world’s largest $3B RWA tokenization deal
MultiBank Group, the world’s largest financial derivatives institution based in Dubai, has signed a landmark $3 billion real-world asset (RWA) tokenization agreement with United Arab Emirates (UAE)-based real estate giant MAG and blockchain infrastructure provider Mavryk. The deal represents the largest RWA tokenization initiative globally to date and highlights the upcoming launch of MultiBank’s native … Read more
Metaplanet Registers U.S. Treasury Arm to Grow Its Bitcoin Reserve Strategy
Tokyo-based Metaplanet is establishing a wholly owned subsidiary in Florida named Metaplanet Treasury Corp., doubling down on its bitcoin (BTC)-focused treasury strategy that has made it the largest public BTC holder in Asia. The new entity will be capitalized with up to $250 million and serve as Metaplanet’s dedicated U.S. vehicle for treasury operations. The … Read more
Eric Trump: USD1 will be used for $2B MGX investment in Binance
Abu Dhabi-based investment firm MGX will use a stablecoin linked to US President Donald Trump’s family to settle a $2 billion investment in Binance, the world’s largest cryptocurrency exchange. The World Liberty Financial USD (USD1) US dollar-pegged stablecoin was launched by the Trump-associated crypto platform World Liberty Financial (WLFI) in March 2025. MGX will use … Read more
MEXC launches $300M Web3 fund, commits to ‘strategic investment’
Crypto exchange MEXC has announced a $300 million ecosystem development fund aimed at supporting Web3 projects over the next five years. The initiative, unveiled at Token2049 in Dubai, is designed to support early-stage blockchain technologies, public chains, wallets, and decentralized tools critical to shaping the future of crypto infrastructure, according to a press release shared … Read more
Thinking About Communication
I have a framework – or more a ladder – for thinking about communication. It contains the things that can communicate. It starts from the very small to the very artificial. I define communication as transferring data from one thing to another. I do not care if the communicating entities are of the same “kind”. … Read more
Ethereum Set for UX Overhaul With New Interoperable Address Standards
Contributors are working on new ERC-7930 and ERC-7828 standards to simplify transactions on Ethereum and compatible chains.
Tesla board denies report it wanted to replace Elon Musk
Tesla has hit back following a Wall Street Journal report that its board had initiated a search for a new CEO to replace Elon Musk, taking to Musk’s social platform X to call the claim “absolutely false.” According to the WSJ report, about a month ago Tesla’s board began the process of hunting for a … Read more
WhatsApp now has more than 3 billion users a month
WhatsApp now has more than 3 billion people using it every month, Meta CEO Mark Zuckerberg noted during the company’s Q1 results conference call on Wednesday. Founded in 2009 and acquired by Facebook for $19 billion in 2014, WhatsApp remains free to use and doesn’t serve any ads. The app reached the 2 billion monthly … Read more
World Liberty’s Stablecoin Will Be Used to Close MGX’s $2B Binance Investment: Eric Trump
Eric Trump, son of U.S. President Donald Trump, said that World Liberty Financial’s dollar denominated stablecoin (USD1) has been officially selected as the official stablecoin to close MGX’s $2 billion investment in Binance. Speaking at the Token2049 event in Dubai, Trump also announced that USD1 will be integrating with the Tron ecosystem, which is backed … Read more
Books Don’t Make You Smarter. They Make You Useful
Reading has always been a source of enjoyment and frustration for me. Recently AI lit an even larger “What For” sign over it (Spoiler: there’s a good answer) To Read: An Arrogant Fool’s Pursuit? I have always been an avid reader. My parents had a floor-to-ceiling library (which they read). My elementary school and hometown … Read more
Bitcoin eyes gains as macro data makes US recession 2025 ‘base case’
Key points: Bitcoin traders wait for signals of US economic policy loosening as data forces the Federal Reserve into a corner. Recession is more likely than not, sources say, amid rising unemployment and resurgent inflation. Bitcoin and risk assets should ultimately gain from a recession shock. Bitcoin (BTC) stands to gain as a US recession … Read more
Avoid These 8 Mistakes When Using AI in Healthcare
All pharmaceutical companies developing new drugs must meet intense regulatory guidelines and submit thousands of pages of clinical study reports and safety summaries to get closer to getting their drug on the market. Imagine, to expedite this drawn-out process, a pharmaceutical company decides to leverage a Large Language Model to help create this mass of … Read more
Restaking can make DeFi more secure for institutional traders
Opinion by: Amitej Gajjala, co-founder and CEO of Kernel DAO The restaking narrative has moved fast — from side conversations in validator circles to the forefront of DeFi infrastructure discussions. It’s not hard to see why. DefiLlama states that major liquid restaking protocols now hold over $12 billion in total value locked (TVL), with dozens … Read more
Incentives, Not Intent, Are Taming Us
Domestication yields more than cute puppies and tasty chickens. It is neither strictly genetic nor exclusively a human endeavor. It has AI at its cards and challenges going feral as an alternative. A journey. Let’s take a trip down domestication-lane. But first a reminder what domestication is. Domestication refers to the process where humans adapt … Read more
Metaplanet to open US arm, plans to raise $250M for Bitcoin strategy
Metaplanet — a Japanese company focused on accumulating Bitcoin — announced it will launch a United States-based subsidiary. In a May 1 X post, Metaplanet announced that the firm is launching a wholly owned subsidiary in Florida. Furthermore, the new subsidiary is expected to raise up to $250 million of capital to fuel its Bitcoin … Read more
Emergence, Not Design, Is Powering AI’s Human-Like Abilities
The concept that connects the origin of life to Microsoft’s deal with OpenAI is an illusive one. Contradicting intuition and belief yet promising a sci-fi near-future One of the smartest people living among us is a 96-year-old professor named Noam Chomsky. He is a philosopher, a political thinker, some say an anarchist but first and … Read more
Ethena partners with TON to offer USDe to one billion Telegram users
Decentralized stablecoin platform Ethena has partnered with The Open Network (TON) to make its stablecoins available to Telegram’s user base of over one billion people. The partnership, announced on May 1 at Token2049 in Dubai, will see the deployment of Ethena’s USDe (USDE) and Ethena Staked USDe (sUSDe) natively within the TON blockchain. The sUSDe … Read more
Understanding AI Terms Matters More Than Ever [Part 2 of 2]
The many terms of AI, part 2. What you need for gossip, musing and talking-shop. Want the intuition-forming basics? Re-read part 1. In part 1 we discussed the core terms of AI for building intuition. What you need to know to grasp the fundamentals while avoiding the noise of the inner workings. But inner workings … Read more
If the AI is so Smart – Why Can’t it Do Things Without me Asking? [Part 1 of 2]
Many terms circle AI. To build AI-intuition you need to internalize the first-tier terms in part 1. To gossip, muse and bore friends and family – head to part 2. Modernity is ignorance. We understand less of the things we use. Need fire? Who cares about spark, gas and plastic of a lighter. We do … Read more
This One CV Mistake Made Me Invisible to Hiring Algorithms
A few months ago, I was deep in the job-hunting trenches, sending out applications like there was no tomorrow. I thought I had a decent CV — after all, I’d spent hours tweaking its design and text to make it “great”. But the reality hit hard. After submitting 100 applications, I landed just one interview … Read more
Vitalik Buterin’s vision for Ethereum: Pectra, Glamsterdam and beyond
Why do Ethereum upgrades matter? Ethereum upgrades are essential to scale, secure and evolve the network without compromising its decentralized foundation. Ethereum still stands as the heavyweight of smart contract platforms, but staying on top means relentless reinvention. Every upgrade isn’t just a technical tweak; it’s a high-stakes move to crack the toughest problems in … Read more
Foundation Models Could Free Us from Language Limits
From the agricultural revolution to the digital age, language served us well. Clever use of AI technologies can take us where language limitations cannot. Riding Language from Agriculture to Enlightenment Human advancement is tightly coupled with technology. First – we extended what evolution equipped us at a certain period with the use of tools. We … Read more
Multi-wallet usage up 16%, but AI may address crypto fragmentation gap
Fragmentation and complicated user experience remain two of the most significant obstacles to cryptocurrency’s mainstream adoption, according to a new industry report. Most users now use at least two wallets to manage their cryptocurrency investments. The lack of interoperability across blockchains means users need to create multiple wallets to interact with different networks, with users having at least two … Read more
Not All Disruptions Replace—Some Just Fork
While it’s unlikely we will revert to candles, cassettes and film, not every new technology is transformative. Spotting forks amidst the glitter helps ground expectations and identify opportunities. The advancement of technology is perceived as a substituting process. A new technology emerges and after a period of maturation and adoption, it replaces the old ways … Read more