Month: May 2025
Nike returns to Amazon after a six-year hiatus
After a six year absence, Nike will soon begin selling products directly on Amazon, having previously stopped in 2019 to go it alone. At the same time, the company is reportedly set to increase prices across most of its sneakers and other clothes in the wake of recent US tariffs. Nike stopped selling through Amazon … Read more
CFTC’s Plans for Crypto Perpetual Trading Puts Focus on Hyperliquid’s HYPE
Hyperliquid’s native token, HYPE, jumped 15% on Thursday, outperforming the broader crypto market, after the team said it submitted formal responses to the U.S. Commodity Futures Trading Commission (CFTC) regarding proposed regulation of perpetual swaps and 24/7 crypto trading. In an X post early Friday, Hyperliquid Labs said it filed two comment letters supporting the … Read more
Hyperliquid backs 24/7 crypto trading in CFTC comments submission
Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC). In a May 23 X post, Hyperliquid Labs announced that it has “submitted two comment letters to the [CFTC] in response to its recent Requests for Comment … Read more
Discord might use AI to help you catch up on conversations
Discord has become the place for gaming communities on the internet. The company just celebrated its 10th anniversary, and its impact is now big enough that it’s available directly on PlayStation and Xbox and was ripped off by Nintendo for the Switch 2’s GameChat. But as it tries to grow, one of the big challenges … Read more
Major U.S. Banks Mull Jointly Launching Stablecoin: WSJ
Major U.S. banks are weighing launching a joint stablecoin to fend off crypto competition. Financial heavyweights like JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C), and Wells Fargo (WFC), have held discussion on the subject, the Wall Street Journal reported, citing people familiar with the matter. The talks are still in early stages and … Read more
DeFi near-zero onboarding costs can help 1.4B unbanked: 1inch co-founder
Decentralized finance (DeFi) platforms have a major cost advantage over traditional banks when it comes to onboarding new users, according to Anton Bukov, co-founder of decentralized exchange (DEX) 1inch. Speaking at a panel during Dutch Blockchain Week on May 22 in Amsterdam, Bukov said traditional banks spend between $100 and $300 per user to verify … Read more
Bitcoin buyer dominance at $111K suggests 'another wave' of gains
Key points: Bitcoin buyer interest remains strong at all-time highs, contrasting with the first touch of $100,000 in 2024. The BTC price uptrend “may continue” as a result, CryptoQuant analysis concludes. Bitcoin short-term holders are firmly in the black in a further potential bull market boost. Bitcoin (BTC) buyers remain dominant on exchanges as all-time … Read more
Why Tether refuses to comply with MiCA
Is Tether MiCA compliant? The EU’s new Markets in Crypto-Assets regulation, better known as MiCA, is the first major attempt by a global economic power to create clear, region-wide rules for the crypto space, and stablecoins are a big focus. MiCA mandates best practices. If a stablecoin is going to be traded in the EU, … Read more
Want To Win $1,000? Write a Tutorial for Building a Cross-Chain dApp With GetBlock
For a chance to win from $5,000 in the Web3 Development Writing Contest, demonstrate how users can build a cross-chain dApp using GetBlock’s multi-blockchain support, why they should do so in the first place, and the challenges that come with it. :::info Note: Below is a list of questions to help you get started on … Read more
Bitcoin Enters Strongest Accumulation Phase Since January as BTC Price Passes $110K
Bitcoin BTC has entered a strong accumulation phase across all wallet cohorts for the first time since January, signaling renewed bullish sentiment as the largest cryptocurrency trades above $110,000, an 18% gain over the past month. Glassnode’s Accumulation Trend Score has reached its maximum value of 1.0, indicating broad-based, aggressive accumulation by investors irrespective of … Read more
Global Darknet Bust Leads to $200M in Digital Asset and Cash Seizures
A global sting, dubbed Operation RapTor, has led to the arrest of 270 suspects and the seizure of $200 million in cash and crypto.
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After Klarna, Zoom’s CEO also uses an AI avatar on quarterly call
After Klarna CEO, Zoom’s CEO opts to use AI avatar for initial comments during the earnings call
US big banks hold early talks on joint crypto stablecoin: WSJ
Some of the biggest banking companies in the US are reportedly exploring a team-up to launch a crypto stablecoin. Companies owned by JPMorgan, Bank of America, Citigroup and Wells Fargo have discussed the possibility of jointly issuing a stablecoin, The Wall Street Journal reported on May 22, citing people familiar with the matter. Other financial … Read more
Anthropic’s debuts most powerful AI yet amid ‘whistleblowing’ controversy
Artificial intelligence firm Anthropic has launched the latest generations of its chatbots amid criticism of a testing environment behaviour that could report some users to authorities. Anthropic unveiled Claude Opus 4 and Claude Sonnet 4 on May 22, claiming that Claude Opus 4 is its most powerful model yet, “and the world’s best coding model,” … Read more
The TechBeat: Police Officers Are Turning Into Reddit Mods Thanks to Amazon’s Neighborhood Watch (5/23/2025)
How are you, hacker? 🪐Want to know what’s trending right now?: The Techbeat by HackerNoon has got you covered with fresh content from our trending stories of the day! Set email preference here. ## From Indie Studios to AAA Deadlines: How SnoopGame Scales Trust By @snoopgame [ 3 Min read ] SnoopGame scales QA trust … Read more
Trump’s Meme Coin Dinner Draws Protests Calling For End to ‘Crypto Corruption’
Over 100 demonstrators assembled outside a Virginia golf club to protest Trump’s gala dinner for his meme coin holders.
Hackers using fake Ledger Live app to steal seed phrases and drain crypto
Cybercriminals are using fake Ledger Live apps to drain macOS users’ crypto through malware that steals seed phrases, a cybersecurity firm warns. The malware replaces the legitimate Ledger Live app on victims’ devices and then prompts the user to input their seed phrase through a phony pop-up message, a team from Moonlock said in a … Read more
Pictures give glimpse inside Trump’s memecoin holder dinner
Photos from within US President Donald Trump’s secretive dinner for his top memecoin buyers show attendees were treated to a three-course meal and gift bags as protesters gathered outside the event to accuse Trump of profiting from the presidency. Pictures posted online by some of the 220 largest holders of the Official Trump (TRUMP) token … Read more
Justin Sun Defends TRUMP After Presidential Dinner, Says ‘Memecoins Have Merit’
The last time Justin Sun set foot in the U.S. he was Grenada’s WTO ambassador and was navigating the rocky waters of former President Biden’s crypto crackdown. Times have changed. Now, he’s dining at an event hosted by President Donald Trump for the largest holders of his TRUMP memecoin and celebrating a regulatory breakthrough, as … Read more
XRP Could Rocket to $8 as Focus Shifts to Crypto Majors After Bitcoin’s Record Run: Traders
Attention is turning to major tokens as bitcoin (BTC) set fresh highs earlier this week, with some pointing out that institutional demand and a clear regulatory environment pave the way for strong moves among the top coins. Bitcoin was hovering just under $111,000 during the Asian morning hours on Friday, seeing a slight pullback on … Read more