Chinese printer maker spread Bitcoin stealing malware — Report

Chinese printer manufacturer Procolored distributed Bitcoin-stealing malware alongside its official drivers, according to local media reports. Chinese news outlet Landian News reported on May 19 that Shenzhen-based printer company Procolored has been distributing Bitcoin-stealing (BTC) malware alongside official drivers. The company reportedly used USB drivers to distribute malware-ridden drivers and uploaded the compromised software to … Read more

Nikola’s hydrogen trucks hit the auction block

Nikola’s hydrogen trucks are officially up for auction, one of the company’s last big steps in unloading all of its assets after filing for bankruptcy in February. Auction house Gordon Brothers reached an agreement with Nikola in Delaware bankruptcy court to purchase the hydrogen trucking assets late last week. Over the weekend, Gordon Brothers published … Read more

Ex-Siri head reportedly wanted Apple to choose Google’s Gemini over ChatGPT

Former Siri head John Giannandrea pushed Apple to choose Google’s Gemini chatbot over ChatGPT for the first chatbot integration with Siri last year, according to a Bloomberg report looking at Apple’s uneven AI efforts. Giannandrea, an ex-Google executive who was demoted in a leadership reshuffle in March, thought that OpenAI’s bot wouldn’t have staying power … Read more

Roman Storm’s Defense Team Wants to Know if DOJ Withheld Evidence

Roman Storm’s defense team wants to know if the U.S. Department of Justice is withholding any information that may help the Tornado Cash developer’s case. In a letter filed late Friday, defense attorneys said recent disclosures in another, somewhat similar, case raised concerns that prosecutors either misled the judge overseeing the case or otherwise was … Read more

Franklin taps blockchain to offer yield on idle payroll funds

Franklin, a hybrid cash and crypto payroll provider, is launching a new initiative that aims to turn idle-sitting payroll into an opportunity for yield. The new solution, dubbed Payroll Treasury Yield, uses blockchain lending protocols to help firms earn returns on payroll funds that would otherwise sit idle, the company told Cointelegraph in an exclusive … Read more

CoinDesk 20 Performance Update: Index Drops 4.7% Over Weekend as All Assets Decline

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 3068.55, down 4.7% (-151.33) since 4 p.m. ET on Friday. None of the twenty assets are trading higher. Leaders: BTC (-1.2%) and XRP (-4.5%) Laggards: AVAX (-8.6%) and UNI … Read more

Hoskinson promises audit, is ‘deeply hurt’ by $600M Cardano treasury claims

The Cardano Foundation is preparing to release an audit report on its treasury holdings after fresh allegations surfaced claiming misappropriation of roughly $600 million worth of ADA tokens. Cardano founder Charles Hoskinson is facing renewed scrutiny from community members, including non-fungible token artist Masato Alexander, who alleged that Hoskinson manipulated the Cardano ledger using a … Read more

Google I/O 2025: how to watch and what to expect

Google’s annual I/O developer conference is almost here, and all eyes will be on the company’s opening keynote. But for the first time in years, we know there’s little reason to hope for major Android OS announcements, since Google already did that last week. Instead, we’re expecting I/O’s keynote to be (almost) all about AI, … Read more

BounceBit Pilots Bitcoin Trading Strategy Using BlackRock’s BUIDL as Collateral

BounceBit, a crypto infrastructure provider using features from both centralized (CeFi) and decentralized finance (DeFi), has executed a bitcoin (BTC) derivatives trading strategy using BlackRock’s yield-generating tokenized money market fund, BUIDL, to enhance returns. The strategy, to be rolled out to institutions and retail users, consisted of two main components: a bitcoin basis trade, involving … Read more

Strategy buys 7,390 BTC for $765M, gets hit with class-action lawsuit

Strategy, formerly MicroStrategy, and the top corporate Bitcoin holder, acquired nearly $765 million of Bitcoin last week. The purchase comes as the company faces a class-action lawsuit. According to a May 19 announcement, Strategy acquired 7,390 BTC for about $764.9 million at an average price just under $103,500. Strategy reported a Bitcoin yield of 16.3% … Read more

Crypto Investment Products Fully Recover From $7B Outflows Seen in February-March

Crypto investment products brought in $785 million in inflows last week, pushing year-to-date totals to $7.5 billion and marking a full recovery from the nearly $7 billion withdrawn during February and March’s market correction. The rebound was led by U.S.-based investors, who contributed $681 million, followed by $86.3 million from Germany and $24.2 million from … Read more

XRP price risks falling to $2 after classic bearish chart pattern confirms

Key takeaways: XRP could be headed lower to $2 following a breakdown of a classic head-and-shoulders pattern. Declining open interest in XRP futures signals weakening trader confidence. The XRP (XRP) price is flashing warning signs as a bearish technical pattern resolves on lower timeframes, coinciding with massive long liquidations and decreasing open interest. XRP H&S … Read more

Ethereum’s Vitalik Buterin Proposes Design to Make Running Nodes Easier

Ethereum co-founder Vitalik Buterin has proposed a new design to reduce the hardware burden for running a network node, framing it as a step toward a fully decentralized network that doesn’t require sophisticated infrastructure to help maintain. In a blog post published on Sunday, Buterin introduced the concept of “partially stateless nodes,” allowing users to … Read more

Strategy Expands Bitcoin Holdings With Latest Multi-Million Dollar Purchase

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR) Strategy (MSTR) has purchased 7,390 BTC for approximately $764.9 million at an average price of $103,498 per bitcoin, according to a filing on Monday. This latest acquisition increases the company’s total bitcoin holdings to 576,230 BTC, now valued at roughly $59 billion based … Read more