Trezor says Safe 7 chip flaw found by Ledger does not put funds at risk
Trezor and Tropic Square disclosed a TROPIC01 chip vulnerability found during a Ledger Donjon audit, saying the Safe 7 wallet and user funds remain secure.
Crypto
Bitcoin’s crash to $65K triggers $1.8B in crypto liquidations
Bitcoin’s drop to $65,000 triggered over $1.8 billion in crypto liquidations as traders brace for a test of $60,000 as support.
Bitcoin steadies at $67,000, faces critical juncture after sliding 9.5% in seven days
The recovery does little to mask a 9.5% weekly decline as U.S. stocks hit records highs, AI tokens rally and Coinbase’s Ethena deal steals the spotlight.
Apparent Zcash outage was a block explorer problem, infrastructure provider says
One expert said the issue was mainly with block explorers tracking the onchain activity.
Bitcoin has hit ‘max fear’ below $67K as analysis sees BTC price rebound
Bitcoin sparked two-month lows in the Crypto Fear & Greed Index while analysis predicted a “catch-up” with record highs in stocks.
DeFi won’t win over big banks until it fixes its hacking problem, executives say
Lenders are particularly interested in blockchain’s back-office applications, but security failures are blocking wider adoption.
Banks’ survey says people don’t want to rock the boat if stablecoin yield risks lending
The American Bankers Association, which lobbies against the crypto sector over the Clarity Act’s stablecoin section, unveiled its new polling.
Franklin Templeton says Wall Street fears blockchain because it threatens its profits
Jenny Johnson, Franklin Templeton’s CEO, said blockchain and crypto threaten a huge number of business models that exist today in traditional finance.
New York and Europe’s finance watchdogs team up to police stablecoins
Some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoin, total volume in circulation and the number of holders.
Big tech is ‘terrified’ of AI agents wiping out ad revenue, says Billions Network CEO
Evin McMullen’s view on AI agents disrupting Google’s and Facebook’s business model was previously shared by Cardano Founder Charles Hoskinson and Cloudflare CSO Stephanie Cohen.
Prediction market traders bet bitcoin’s selloff has further to run
Markets now imply a 66% chance bitcoin falls below $55,000 and a coin-flip chance of sub-$50,000 prices before year-end.
Bitcoin falls below $66K as US and Iran launch new strikes
Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day.
US Treasury issues sanctions on Iran, targets 4 crypto exchanges
The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February.
Bitcoin’s ‘fear gauge’ surges nearly 20%, its biggest jump since Feb. 5 crash
The jump signals return of fear after two months of calm market sentiment.
Bullish XRP signals are piling up. The price keeps falling.
XRP lost another major support level on heavy selling, with traders now focused on whether buyers can defend the $1.20 area after a 15-week low.
Modern robots impress, but are years away from replacing humans
AI robotics company Figure posted several videos on X throughout May showcasing its robots performing basic tasks, including cleaning a room and sorting packages.
Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9%
The single biggest unwind was a $59.67 million BTC-USDT long on HTX.
Crypto turns ‘contrarian bet’ as AI stocks draw investor attention: Bitwise
“Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan.
Bitcoin plunges below $66,000 as global stocks, AI trades hit fresh records
BTC plunged 6.4% to a 24-hour low of $65,708 and ether broke below $1,900 in Asian trading on Wednesday, just hours after the MSCI All Country World Index set a fresh all-time high on the AI rally.
Mastercard expands on-chain settlement in bet on stablecoins and always-on finance
The company plans to offer stablecoin, weekend and holiday settlement as demand grows for real-time movement of money.
Microsoft Reveals ‘1,000x More Reliable’ Quantum Chip as Bitcoin Threat Draws Nearer
Microsoft said AI helped speed Majorana 2 development, adding to growing concerns about when quantum computers could threaten Bitcoin’s cryptography.
Cardano’s TapTools to wind down after 5 execs exit
Despite the planned wind-down, TapTools says it is open to being acquired or taking on external resources to continue maintaining the platform.
Bitcoin’s slide to $67,000 is accelerating a shift into digital dollars
The crypto market is seeing a capital flight into dollar-linked stablecoins even as stocks and the Dollar Index remain calm.
Cardsmiths’ New America250 Trading Cards Have Real Bitcoin, Dogecoin Up for Grabs
Cardsmiths’ latest Currency trading card series tackles American history—and some packs include codes for real Bitcoin, Ethereum, and more.
UK Lords warn BoE could regulate pound stablecoins into irrelevance
A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation.
Bitcoin’s compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder
Ala Shaabana explains how using Bitcoin network’s coordinate-and-reward playbook can bust open corporate monopolies on AI.
UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.
US Treasury Sanctions Iranian Crypto Exchanges Including Nobitex for Terrorist Financing
The Treasury’s Office of Foreign Assets Control accused the platforms of enabling illicit finance activities across Iran’s crypto ecosystem.
US lawmakers push back on Labor Department plans to include crypto in 401(k)s
The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk.
As Bitcoin Sinks, It’s Time for Ethereum to Outperform: Standard Chartered
Bitcoin is falling following Strategy’s first BTC sale since 2022—and one analyst sees that as a good thing for Ethereum.