Archives par catégorie: Flash News

Feds charge Amalgam founder with stealing $1M via ‘sham’ blockchain

Feds charge Amalgam founder with stealing $1M via ‘sham’ blockchain

A US grand jury has indicted the founder of blockchain startup Amalgam Capital Ventures over allegations he defrauded investors out of over $1 million with a fake blockchain. Jeremy Jordan-Jones was arrested and indicted on May 21 and charged with wire fraud, securities fraud, making false statements to a bank, and aggravated identity theft, the […]

Hyperliquid sees $1.1B Bitcoin long bet opened at 40x leverage

Hyperliquid sees $1.1B Bitcoin long bet opened at 40x leverage

A crypto whale has expanded an existing 40x leverage long Bitcoin bet to $1.1 billion on the decentralized exchange Hyperliquid, which has stunned the crypto community and is believed to be the first-ever position exceeding $1 billion on the platform. The X account “James Wynn” claims to be behind the position, which is now up […]

BlackRock’s Bitcoin ETF notches 2-week high inflow as BTC nears $112K

BlackRock’s Bitcoin ETF notches 2-week high inflow as BTC nears $112K

BlackRock’s iShares Bitcoin Trust (IBIT) has seen its largest inflow in the past two weeks as traders allocate to US spot Bitcoin exchange-traded funds (ETFs) to scoop up the rocketing cryptocurrency. IBIT’s May 21 net inflows hit $530.6 million, its biggest single-day net inflow since it took in $531.2 million on May 5, according to […]

Synthetix scuttles $27M Derive deal after community concerns

Synthetix scuttles $27M Derive deal after community concerns

Decentralized finance platform Synthetix has axed its $27 million plan to acquire crypto options platform Derive after negative community feedback. A Synthetix spokesperson told Cointelegraph on May 22 that its acquisition proposal, pitched to its community and to Derive’s, “did not resonate,” and both projects agreed to “step back from the proposed acquisition.” Synthetix said […]

Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO

Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO

Crypto influencer Anthony Pompliano’s fintech-focused blank-check company, ProCap Acquisition Corp (PCAPU), rose 7% on its debut Nasdaq listing after a last-minute upsizing of its initial public offering. ProCap had boosted its IPO from $200 million to $220 million on May 20, a day before its public launch, pricing its 22 million shares on offer at […]

Australian regulator asks High Court to allow appeal in Block Earner case

Australian regulator asks High Court to allow appeal in Block Earner case

Australia’s financial regulator will seek the High Court’s permission to appeal a lower court’s ruling favoring fintech firm Block Earner, which found the company’s crypto-linked fixed-yield earning service is not a financial product. The Australian Securities and Investment Commission (ASIC) said on May 21 that it wants to ask the High Court of Australia to […]

US lawmaker reintroduces bill amid pushback on Trump's crypto ties

US lawmaker reintroduces bill amid pushback on Trump's crypto ties

A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking crypto-related pieces of legislation due to concerns with President Donald Trump’s potential conflicts of interest. In a May 21 notice, Minnesota Representative Tom Emmer said he had reintroduced the Blockchain Regulatory Certainty Act, a […]

VanEck to launch Avalanche ecosystem fund

VanEck to launch Avalanche ecosystem fund

VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph. The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial […]

Bitcoin price hit a new all-time high and data shows BTC bulls aren’t done yet

Bitcoin price hit a new all-time high and data shows BTC bulls aren’t done yet

Key takeaways: Bitcoin’s $109,458 all-time high aligns with seven consecutive green weekly candles since April, highlighting the strength of the current bullish momentum. Analysts expect BTC to reach between $135,000 to $320,000 in 2025. BTC heatmaps show high-leverage zones that may trigger liquidations. Thus, risk management remains crucial. Bitcoin (BTC) hit a new all-time high […]

Jury convicts ex-SafeMoon CEO on all charges

Jury convicts ex-SafeMoon CEO on all charges

A New York jury found Braden John Karony, the former CEO of cryptocurrency company SafeMoon, guilty of three felony charges after less than a day of deliberation. According to May 21 reporting from the courtroom, in the US District Court for the Eastern District of New York, a jury convicted Karony of conspiracy to defraud […]

Sam Altman's World raises $135M from Andreessen, Bain, to expand network

Sam Altman's World raises $135M from Andreessen, Bain, to expand network

World, OpenAI CEO Sam Altman’s digital identification project, raised $135 million from venture capital firms Andreessen Horowitz and Bain Capital Crypto, the company said in an announcement. The capital will be used to expand World’s network of iris-scanning orbs and infrastructure in the United States, where the company said in April it would operate in […]

Solana Mobile reveals trustless architecture, token for Seeker device

Solana Mobile reveals trustless architecture, token for Seeker device

Solana Mobile, a subsidiary of blockchain technology company Solana Labs, has revealed the next steps for its soon-to-be-shipped Seeker device and the overall ecosystem. The steps include a new, trustless architecture, a native token, and the Seeker ship date. According to the announcement, Solana Mobile will ship the device starting Aug. 4. Seeker is the […]

CFTC exodus: Fourth commissioner to depart 'later this year'

CFTC exodus: Fourth commissioner to depart 'later this year'

Kristin Johnson of the US Commodity Futures Trading Commission (CFTC) has announced that she plans to depart the agency before 2026. In a May 21 notice, Johnson said she planned to step down from the CFTC “later this year,” having completed her term, which ended in April. The commissioner filling a Democratic seat at the […]

Bitcoin hits new highs in the absence of ‘unhealthy’ leverage use — Will the rally continue?

Bitcoin hits new highs in the absence of ‘unhealthy’ leverage use — Will the rally continue?

Key takeaways: Spot Bitcoin ETF inflows and low leverage suggest the BTC rally has room to grow. US Federal Reserve liquidity and weak bond sales support a Bitcoin push beyond $110,000. Bitcoin (BTC) was unable to sustain its bullish momentum after reaching a new all-time high of $109,827 on May 21, which led traders to […]

Bank lobby is 'panicking' about yield-bearing stablecoins — NYU professor

Bank lobby is 'panicking' about yield-bearing stablecoins — NYU professor

America’s powerful banking lobby is “panicking” over the potential of stablecoins to disrupt their traditional business model, particularly when it comes to yield-bearing stablecoins, according to Austin Campbell, a New York University professor and founder of Zero Knowledge Consulting. In a May 21 social media post that begins with, “The Empire Lobbies Back,” Campbell claimed […]

Price predictions 5/21: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

Price predictions 5/21: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

Key points: Bitcoin made a new all-time high, but the bulls will have to sustain the higher levels for the momentum to pick up. Several altcoins have bounced off their respective support levels, signaling a positive sentiment. Analysts expect Bitcoin to maintain its positive momentum and surge above $200,000 by the end of the year. […]

Coinbase breach hit almost 70k users — Attorneys

Coinbase breach hit almost 70k users — Attorneys

A recent filing with Maine’s attorney general sheds new light on Coinbase’s data breach, claiming that nearly 70,000 users were impacted and that the incident went unnoticed for nearly six months. According to the filing submitted by legal firm Latham and Watkins LLP, 69,461Coinbase users were compromised by the breach, 217 of whom are residents […]

Interest groups, lawmakers to protest Trump's memecoin dinner

Interest groups, lawmakers to protest Trump's memecoin dinner

Democratic leaning organizations and members of Congress have announced plans to protest what they describe as the sale of access to the office of the US president, in reference to Donald Trump’s memecoin dinner on May 22. The event’s attendees are said to have collectively spent over $100 million for the chance to meet with […]

Is Bitcoin price close to a cycle top? — 5 indicators that help traders decide

Is Bitcoin price close to a cycle top? — 5 indicators that help traders decide

Key takeaways: Bitcoin market cycle tops are notoriously hard to time, but combining technical and behavioral indicators can offer strong signals. The MVRV-Z Score, Pi Cycle Top indicator, trade volume trends, Puell Multiple, and exchange inflows accurately predict Bitcoin price cycle tops. Bitcoin (BTC) might be approaching the final stage of its current market cycle […]