Robinhood Markets (HOOD), the California-based financial services company, said Tuesday it agreed to buy Canadian crypto firm WonderFi (WNDR) for $178.98 million. The all-cash acquisition values WonderFi at 36 Canadian cents per share, a 41% premium over its closing price prior to the announcement. “WonderFi has built a formidable family of brands serving beginner and … Read more
Bitcoin defied expectations in April, delivering double-digit gains while posting lower volatility than major traditional assets. According to analysts at Galaxy Digital, Bitcoin’s (BTC) realized volatility over the past 10 trading sessions dropped to 43.86, lower than the S&P 500’s 47.29 and the Nasdaq 100’s 51.26 — an unusual “positioning for a digital asset traditionally … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Crypto bulls are taking a breather, leaving bitcoin BTC in stasis near $103,000 ahead of the U.S. April inflation data, due at 8:30 a.m. With U.S.-China trade tensions easing, markets are, for now, optimistic about a softer-than-expected inflation print, potentially stirring up calls for Fed interest-rate … Read more
Meta removed a fake AI ad using Curtis’ likeness after she publicly urged the firm’s CEO to act, citing misuse of her voice and image.
Solana Labs co-founder Anatoly Yakovenko proposed a new data availability (DA) solution to improve persistent fragmentation and lack of interoperability across blockchain networks. In a May 12 post on X, Yakovenko proposed a “meta blockchain” to aggregate and order data posted across multiple layer-1 chains, including Ethereum, Celestia and Solana. “This would actually allow the … Read more
“User funds are safe. Curve smart contracts remain secure,” the project’s team said.
Dubai, UAE – May 2025 — TheBlock, the International Chamber of Virtual Assets, has announced a strategic partnership with Cointelegraph, the world’s leading Web3 media platform. The collaboration brings together two major players in the blockchain and virtual asset space, with the shared goal of amplifying the global adoption of tokenisation, advancing regulatory dialogue, and … Read more
Tether, issuer of the world’s largest stablecoin, USDt, is rolling out its tokenized gold digital asset in Thailand with a listing on local cryptocurrency exchange Maxbit. In a May 13 announcement, Tether said its gold-backed token, Tether Gold (XAUt), has been listed on Thai exchange Maxbit. According to an X announcement by Maxbit, the platform … Read more
GD Culture Group (GDC), a Nasdaq-listed holding company focused on livestreaming, e-commerce and artificial intelligence-powered digital human technology, plans to raise up to $300 million for a cryptocurrency treasury reserve. In a May 12 statement, GDC and its subsidiary, AI Catalysis, announced entering into a common stock purchase agreement with a British Virgin Islands limited … Read more
Key points: Bitcoin has seen its largest 30-day illiquid supply increase of the current bull market. Illiquid supply now stands at 14 million BTC, more than ever before. Whales are still accumulating as the price returns to six figures. Bitcoin (BTC) investors are turning the BTC supply more illiquid than at any point in its … Read more
Brave Wallet, the crypto wallet integrated into the privacy-focused Brave web browser, will soon support the Cardano blockchain, allowing users to send, receive and swap ADA ADA and Cardano-native assets directly. The move comes as Brave deepens its multichain functionality beyond existing support for networks like Ethereum and Solana, according to a release from Input … Read more
Arizona Governor Katie Hobbs vetoed two key cryptocurrency-related bills that aimed to expand the state’s involvement in digital assets while signing a strict regulatory measure targeting Bitcoin ATMs. On May 12, Hobbs rejected Senate Bill 1373, which sought to establish a Digital Assets Strategic Reserve Fund. The fund would have allowed Arizona to hold crypto … Read more
Black Mirror experience: When sci-fi social scores meet blockchain Created by Charlie Brooker, this British sci-fi series debuted in 2011 and quickly became a cultural touchstone for its dark, satirical take on technology. Imagine a world where every like, comment and blockchain transaction shapes your social standing, where an AI watches your every digital move … Read more
Animoca Brands, a Web3 investment company, is planning a public listing in New York, seeking to capture the “unique moment” offered by the Trump administration’s approach to digital asset regulation, executive chairman Yat Siu told the Financial Times. An announcement on plans to list could be made soon, Yat Siu said in an interview, according … Read more
Trump Media denied plans for a Truth Social meme coin, but past token proposals and ongoing crypto ventures continue to fuel confusion.
Donald Trump Jr. has denied viral rumors by crypto influencers that Truth Social — the conservative social media platform tied to former President Donald Trump — is launching a memecoin. Infamous influencer Ran Neuner pushed claims and a viral post on an upcoming Truth Social token, saying it was from the same team as the … Read more
Shares of GD Culture fell sharply after the company unveiled a $300 million crypto reserve plan that followed a Nasdaq delisting warning.
Hong Kong-based Animoca Brands is preparing for a potential listing in New York, citing US President Donald Trump’s relaxed regulatory stance on digital assets as a window of opportunity to enter the world’s largest capital market. Animoca executive chair Yat Siu told the Financial Times that an announcement could be made soon, with the company … Read more
Solana token issuance platform Pump.fun is rolling out a new revenue-sharing model that lets coin creators earn a cut of trading fees — a move aimed at rewiring developer incentives and supporting longer-term community building. Pump said late Monday that 50% of PumpSwap revenue will now be shared directly with creators, earning 5 basis points … Read more
Australia’s crypto industry has expressed positivity after the recently reelected government named pro-crypto politician Andrew Charlton as assistant minister for the digital economy, artificial intelligence and other emerging technologies. Prime Minister Anthony Albanese told reporters in Canberra during a May 12 press conference that Charlton would be the new assistant minister for science, technology and … Read more
The lawyer for a group of Caitlyn Jenner memecoin buyers said they will continue their legal fight against the ex-Olympian after a judge threw out the case for failing to adequately support the securities and fraud claims it brought. Jenner had escaped a class-action lawsuit from buyers of her self-titled memecoin, Caitlyn Jenner (JENNER) after … Read more
Bitcoin’s (BTC) $2 trillion market cap has attracted a wave of new buyers to the market, while seasoned traders turn cautious, according to analysis of on-chain data by Glassnode. BTC’s price topped $100,000 last Thursday, lifting its market capitalization above $2 trillion for the first time since Jan. 31, according to data source TradingView. Since … Read more
A British High Court has issued a restraining order against computer scientist Craig Wright, preventing him from filing further defamation suits. In a May 12 judgment, High Court Judge Edward Mellor said Wright’s repeated false claims and aggressive legal actions created legal “hell” for individuals and developers in the Bitcoin (BTC) community, adding that Wright … Read more
Arizona Governor Katie Hobbs vetoed SB1373, saying market volatility makes it an imprudent fit for state fund management.
Truth Social, the social media network owned by Trump Media, has denied it is launching a memecoin following circulating rumors on social media. “Contrary to rumors, Truth Social is not launching a memecoin,” the official Truth Social account posted on its platform. The social media platform is owned by the Trump Media & Technology Group, … Read more
Eric Council Jr., the SIM swap hacker who helped compromise the Securities and Exchange Commission’s X account last year, made $50,000 performing similar attacks and even searched how to tell if the FBI is investigating him, recent filings show. The recent filing was part of the prosecutor’s request to sentence him to two years in … Read more
A sharp pullback in crypto markets late Monday triggered over $500 million in long liquidations, erasing earlier gains as bitcoin (BTC) slipped from weekend highs and traders reacted to de-escalating U.S.-China trade tensions. Coinglass data shows more than $530 million worth of long positions were liquidated in the past 24 hours — with nearly $200 … Read more
How is crypto changing the face of finance? What’s next for stablecoins, tokenization, and Web 3 marketing? How will digital assets be regulated in the future? These are just some of the questions up for debate as Consensus 2025 kicks off in Toronto this Wednesday. Staged this year at the Metro Toronto Convention Center, crypto’s … Read more
The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services. The agreement, formalized during the Dubai fintech Summit on May 12, is part of Dubai’s cashless strategy, which hopes to foster the city’s transition to “a fully digital, cashless society,” by introducing “a new digital payment … Read more
Corporations and businesses are the largest net buyers of Bitcoin so far this year, outpacing exchange-traded funds and retail investors, according to new research. Firms such as Michael Saylor’s Strategy have bought more Bitcoin (BTC) this year than any other category of investor, with overall corporate holdings growth totalling 157,000 BTC, worth around $16 billion … Read more