Bitcoin privacy tool Payjoin receives $100K grant from Maelstrom

Bitcoin developer Ben Allen has received a $100,000 grant from investment firm Maelstrom to support the development of Payjoin, a privacy-focused tool aimed at improving Bitcoin’s scalability and privacy. According to a May 20 announcement shared with Cointelegraph, Maelstrom will finance Allen’s work on his Payjoin devkit alongside Dan Gould. The system allows Bitcoin (BTC) … Read more

Contractor Backdoor: Coinbase Faces $400M Blow in Major Data Breach

Coinbase is reeling from a costly cyber attack that has already shaved more than 7% off its stock price and could leave the crypto exchange with a staggering $400 million bill. The breach, which the company attributes to compromised overseas contractors, exposed sensitive customer information, including names, addresses, phone numbers, email accounts, and even images … Read more

Bitcoin is signaling a golden cross — What does it mean for BTC price?

Key takeaways: Bitcoin is nearing a golden cross that led to 45–60% price rallies in the recent past. Fundamentals like rising M2 supply and easing trade tensions support a bullish outlook. Bearish divergence and overbought conditions show there’s still a risk of BTC falling below $100,000. Bitcoin (BTC) will likely confirm a “golden cross” on … Read more

Solana (SOL) Surges 6% on Bullish Reversal and DeFi Activity Toward $180

The cryptocurrency market continues to respond to broader economic factors as Solana demonstrates resilience amid global trade uncertainties. SOL’s price action formed a clear uptrend with higher lows and higher highs, breaking through key resistance levels with institutional-grade volume suggesting accumulation despite a brief 1.35% correction in recent hours. Meanwhile, analysts point to the $166.82 … Read more

Circle Has Explored Potential $5B Sale to Coinbase or Ripple Instead of IPO: Report

Stablecoin issuer Circle, which filed for an initial public offering (IPO) last month, has explored the alternative of a sale to crypto exchange Coinbase (COIN) or payments company Ripple, according to a Monday report by Fortune. The New York-based issuer of USDC, the second-largest stablecoin, took part in informal talks over a potential sale from … Read more

Coinbase data leak could put users in physical danger: TechCrunch founder

A recent data breach at crypto exchange Coinbase has raised concerns about user safety after hackers gained access to sensitive information, including home addresses. Coinbase, the world’s third-largest cryptocurrency exchange, confirmed that less than 1% of its transacting monthly users were affected in an attack that may cost the exchange up to $400 million in … Read more

How Chameleon Advances Multimodal AI with Unified Tokens

Table of Links Abstract and 1 Introduction 2 Pre-Training 2.1 Tokenization 2.2 Pre-Training Data 2.3 Stability 2.4 Inference 3 Alignment and 3.1 Data 3.2 Fine-Tuning Strategy 4 Human Evaluations and Safety Testing, and 4.1 Prompts for Evaluation 4.2 Baselines and Evaluations 4.3 Inter-annotator Agreement 4.4 Safety Testing 4.5 Discussion 5 Benchmark Evaluations and 5.1 Text … Read more

SHIB Jumps Nearly 7% as Bulls Break Through Resistance on Heavy Buying

The Shiba Inu token has demonstrated remarkable resilience despite broader market volatility, successfully breaking through key resistance levels while maintaining position above all major moving averages, according to CoinDesk Research’s technical analysis data model. Technical indicators suggest continued bullish sentiment, though short-term price action shows some consolidation after the recent gains. Market analysis reveals approximately … Read more

South Korean presidential front-runner proposes won-based stablecoin

South Korea’s Democratic Party leader Lee Jae-myung proposed creating a stablecoin tied to the Korean won to prevent capital outflows and strengthen national financial sovereignty. Speaking during a recent policy discussion, Lee argued that a won-based stablecoin would allow South Korea to retain wealth domestically while reducing reliance on foreign-issued digital assets like USDt (USDT) … Read more

AAVE Surges 24% in Explosive Rally, Breaking Key Resistance Levels

AAVE’s explosive rally broke through multiple resistance levels with increasing trading volume, particularly during the late-night hours when it surpassed the $250 psychological barrier. The cryptocurrency has established support around $240 while consolidating above $263, suggesting potential for further upward movement as institutional interest grows amid broader market developments. This performance comes as Bitcoin approaches … Read more

Comparing Chameleon AI to Leading Image-to-Text Models

Table of Links Abstract and 1 Introduction 2 Pre-Training 2.1 Tokenization 2.2 Pre-Training Data 2.3 Stability 2.4 Inference 3 Alignment and 3.1 Data 3.2 Fine-Tuning Strategy 4 Human Evaluations and Safety Testing, and 4.1 Prompts for Evaluation 4.2 Baselines and Evaluations 4.3 Inter-annotator Agreement 4.4 Safety Testing 4.5 Discussion 5 Benchmark Evaluations and 5.1 Text … Read more

Republican lawmakers could soon kill clean energy jobs in their home states

Renewable energy has driven a manufacturing boom in the US, but that’s all at stake as Congress weighs cuts to Biden-era tax incentives. Solar, wind, and battery companies have announced plans to either create or expand 250 manufacturing facilities since August 2022. That’s when Congress passed the Inflation Reduction Act (IRA), considered the biggest federal … Read more

Bitcoin ETF Inflows Surge as Basis Trade Nears 9%, Signaling Renewed Demand

The U.S.-listed spot bitcoin BTC exchange-traded funds (ETFs) recorded $667.4 million in net inflows on May 19, the largest single-day total since May 2, signaling renewed institutional interest. Nearly half of these inflows, $306 million, went into iShares Bitcoin Trust (IBIT), now at $45.9 billion in net inflows, according to data source Farside Investors. The … Read more

How $330M was stolen without hacking: The dark power of social engineering

The $330 million attack: A stark reminder of social engineering’s power A major crypto theft has sent shockwaves through the industry, with $330 million worth of Bitcoin (BTC) stolen. Experts say this was a social engineering attack and not a technical hack.  Investigations led by blockchain analyst ZachXBT suggest the victim was an elderly US … Read more

Genesis files dual lawsuits to claw back $3.3B from DCG, Barry Silbert

Genesis has launched a pair of lawsuits against its parent company, Digital Currency Group (DCG), and its CEO, Barry Silbert, accusing them of fraud, reckless mismanagement and siphoning more than a billion dollars in value from the now-bankrupt crypto lender. On May 19, the Delaware Court of Chancery unsealed a complaint detailing how DCG allegedly … Read more

Chameleon AI Shows Competitive Edge Over LLaMa-2 and Other Models

Table of Links Abstract and 1 Introduction 2 Pre-Training 2.1 Tokenization 2.2 Pre-Training Data 2.3 Stability 2.4 Inference 3 Alignment and 3.1 Data 3.2 Fine-Tuning Strategy 4 Human Evaluations and Safety Testing, and 4.1 Prompts for Evaluation 4.2 Baselines and Evaluations 4.3 Inter-annotator Agreement 4.4 Safety Testing 4.5 Discussion 5 Benchmark Evaluations and 5.1 Text … Read more

Bitcoin and Gold in Sweet Spot as Bond Market ‘Smackdown’ Exposes the U.S. Fiscal Kayfabe: Godbole

There is a popular saying, that goes, “If you want to understand America, watch a pro wrestling match.” Though it may be glib and a little over simplified, it appears to ‘ring’ true, as the U.S. financial markets are now exhibiting traits similar to pro-wrestling’s concept of “kayfabe.” Kayfabe means an illusion that the in-ring … Read more

Sorry bears — Bitcoin analysis dismisses $107K BTC price double top

Key points: Bitcoin is not in line to cancel its attack on all-time highs, says the Bitcoin Fundamental Index (BFI). BTC price strength remains “intact,” says Swissblock Technologies, removing the risk of a double top. Historically, a return to within 10% of all-time highs delivers price discovery almost every time. Bitcoin (BTC) does not risk … Read more