Archives par catégorie: Flash News

Ether more ‘like a memecoin,’ says trading firm as ETH drops 45% YTD

Ether more ‘like a memecoin,’ says trading firm as ETH drops 45% YTD

As Ether’s price has struggled in the first quarter of 2025, a US-based investment adviser firm, Two Prime, has dropped support for ETH and adopted a Bitcoin-only strategy. After lending $1.5 billion in loans both in Bitcoin (BTC) and Ether (ETH) over the past 15 months, Two Prime decided to ditch ETH to focus solely […]

Are Donald Trump’s tariffs a legal house of cards?

Are Donald Trump’s tariffs a legal house of cards?

On Wednesday, speaking from the White House, US President Donald Trump suggested that families scale back on gifts this year. Asked about his tariff program, the president remarked, “Somebody said, ‘Oh, the shelves are gonna be open. Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will […]

UK regulator moves to restrict borrowing for crypto investments

UK regulator moves to restrict borrowing for crypto investments

The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), plans to stop retail investors from borrowing money to fund their crypto investments. According to a May 2 Financial Times report, the ban on borrowing to fund crypto purchases is one of the upcoming crypto rules by the FCA. David Geale, FCA executive director of […]

KuCoin to reenter South Korea after securing key markets: CEO

KuCoin to reenter South Korea after securing key markets: CEO

Crypto exchange KuCoin said that it may reenter South Korea after its platform was blocked in the country.  On March 21, South Korean regulators ordered Google Play to block access to exchanges that were not compliant with the requirements needed to operate in the country. On April 11, South Korea’s Financial Services Commission (FSC) ordered […]

Circle’s Refund Protocol, explained: Bringing refunds to stablecoin payments

Circle’s Refund Protocol, explained: Bringing refunds to stablecoin payments

Why are refunds important in stablecoin payments? Anyone who has used traditional payment systems will likely be familiar with refunds and chargebacks. If a purchase goes wrong, like receiving damaged items or not receiving the product at all, the payer can file a complaint with the seller to recover their funds. This process of refunds […]

European Union to ban anonymous crypto and privacy tokens by 2027

European Union to ban anonymous crypto and privacy tokens by 2027

The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027. Under the new Anti-Money Laundering Regulation (AMLR), credit institutions, financial institutions and crypto asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy-preserving cryptocurrencies. “Article 79 of the […]

Movement Labs suspends co-founder following MOVE market turmoil

Movement Labs suspends co-founder following MOVE market turmoil

Movement Labs confirmed the suspension of its co-founder, Rushi Manche, following controversies over a market maker deal that he brokered. Movement announced the suspension of Manche in a May 2 X post, explaining that the “decision was made in light of ongoing events.” The decision follows Coinbase’s recent decision to suspend the Movement Network (MOVE) […]

Bitcoin hodler unrealized profits near 350% as $100K risks sell-off

Bitcoin hodler unrealized profits near 350% as $100K risks sell-off

Key points: Bitcoin long-term holders are about to hit a level of unrealized profit, which has traditionally caused them to sell. That level coincides with the return to a six-figure BTC price. Order book data suggests that bulls may not succeed in keeping the upside going. Bitcoin (BTC) risks a “notable increase” in selling from […]

Stablecoins: Depegging, fraudsters and decentralization

Stablecoins: Depegging, fraudsters and decentralization

Opinion by: Merav Ozair, PhD Lately, stablecoins are everywhere — this time around, headed by “traditional” financial institutions. Bank of America and Standard Chartered are considering launching their own stablecoin, joining JPMorgan, which launched its stablecoin, JPM Coin — rebranded as Kinexys Digital Payments — to facilitate transactions with their institutional clients on their blockchain […]

From digital identity to outer space: Projects push crypto use cases

From digital identity to outer space: Projects push crypto use cases

As the crypto space developed, blockchain use cases expanded from simple digital currencies and non-fungible tokens (NFTs) to more complex areas such as digital identity verification and telecommunications.  Ahead of the Token2049 event in Dubai, Cointelegraph spoke with Spacecoin CEO Stuart Gardner, Spacecoin founder Tae Oh, and Humanity Protocol founder Terrence Kwok to explore how […]

Artificial general intelligence (AGI): Can it really think like a human?

Artificial general intelligence (AGI): Can it really think like a human?

What is AGI? When the lines blur between man and machine, you’re looking at artificial general intelligence (AGI). Unlike its counterpart, artificial narrow intelligence (ANI), which is the use of AI for solving individual problem statements, AGI represents artificial intelligence that can understand, learn and apply knowledge in a way that is indistinguishable from human […]

Crypto in ‘gamble mindset’ as memecoin mentions hit YTD high: Santiment

Crypto in ‘gamble mindset’ as memecoin mentions hit YTD high: Santiment

Online discussions about memecoins have hit a year-to-date high, gaining considerable attention after sentiment cooled earlier in the year, according to onchain analytics platform Santiment.  Two weeks ago, discussions around Bitcoin (BTC) and layer-1 protocols peaked during the market volatility brought on by the Trump administration’s sweeping tariffs. However, that’s since shifted to high market […]

Riot Platforms posts Q1 loss, beats revenue estimates

Riot Platforms posts Q1 loss, beats revenue estimates

Bitcoin miner Riot Platforms has reported its highest-ever quarterly revenue, but still posted a loss as mining costs have nearly doubled compared to the same time last year and it moves to bolster its facilities. “We achieved a new record for quarterly revenue this quarter, at $161.4 million,” Riot CEO Jason Les said in a […]

US Treasury wants to cut off Huione over ties to crypto crime

US Treasury wants to cut off Huione over ties to crypto crime

The US Treasury Department wants to block the Cambodia-based Huione Group from accessing the US banking system, accusing it of helping North Korea’s state-backed Lazarus Group to launder its crypto. The Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed on May 1 to prohibit US financial institutions from opening or maintaining correspondent or payable-through accounts for […]

SEC files to drop crypto promo case against YouTuber Ian Balina

SEC files to drop crypto promo case against YouTuber Ian Balina

The US Securities and Exchange Commission has filed to drop another of its crypto lawsuits, this time its unregistered securities sales case against crypto influencer and YouTuber Ian Balina.  The SEC said in a May 1 joint stipulation with Balina to an Austin federal court that it “believes the dismissal of this case is appropriate,” […]

Sky pitches ousting Maker token, enabling staking, to complete upgrade

Sky pitches ousting Maker token, enabling staking, to complete upgrade

Decentralized finance (DeFi) lending platform Sky has pitched a proposal to finalize its upgrade from Maker by replacing its governance token and enabling staking. The proposal, posted on May 1 to Sky’s decentralized autonomous organization (DAO) forum, would see the Sky (SKY) token take over the Maker (MKR) token as the protocol’s governance token. If […]

Kraken details how it spotted North Korean hacker in job interview

Kraken details how it spotted North Korean hacker in job interview

US crypto exchange Kraken has detailed a North Korean hacker’s attempt to infiltrate the organization by applying for a job interview. “What started as a routine hiring process for an engineering role quickly turned into an intelligence-gathering operation,” the company wrote in a May 1 blog post. Kraken said the applicant’s red flags appeared early […]

Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%

Kraken finalizes NinjaTrader buy as Q1 revenue jumps 19%

Crypto exchange Kraken has completed its acquisition of the futures trading platform NinjaTrader and reported its first quarter revenues jumped 19% year-on-year to $471.7 million. Kraken said in a May 1 report that its NinjaTrader acquisition would give its US customers access to the traditional derivatives market, aligning with its plans to expand its offerings […]

Crypto ‘decoupling’ story ends as stocks follow Bitcoin’s rally

Crypto ‘decoupling’ story ends as stocks follow Bitcoin’s rally

Key takeaways: Despite weak US manufacturing data, Federal Reserve liquidity plans and strong corporate earnings keep equities and crypto afloat. The total crypto market capitalization rose 8.5% since March. Cryptocurrency traders have frequently zoomed in on the need for crypto to show a clear “decoupling” from the stock market, and over the past 10 days, […]

Tether posts $1B in Q1 operating profit, $5.6 billion excess in reserves

Tether posts $1B in Q1 operating profit, $5.6 billion excess in reserves

Tether, the company behind the world’s largest stablecoin by market capitalization, has released its financials for the first quarter of 2025, disclosing nearly $120 billion in exposure to US Treasurys and over $1 billion in operating profit. According to Tether’s Q1 2025 financial report, the company’s assets include $98.5 billion in direct US Treasury bills, […]