Archives par catégorie: Flash News

Mango Markets exploiter sentenced to over 4 years on child abuse material charges

Mango Markets exploiter sentenced to over 4 years on child abuse material charges

Avraham Eisenberg was sentenced to more than four years in prison on child sexual abuse material charges, unrelated to his role in the 2022 exploit that drained the decentralized exchange Mango Markets of roughly $100 million. According to reporting from Inner City Press, a judge sentenced Eisenberg to 52 months in prison at a May […]

Australian election will bring pro-crypto laws either way

Australian election will bring pro-crypto laws either way

Despite reports in February suggesting that 2 million pro-crypto voters could decide the outcome of this week’s Australian Federal Election, crypto has barely rated a mention during the campaign. “I think it’s a missed opportunity,” Independent Reserve founder Adrian Przelozny told Cointelegraph. “Neither side has made crypto a headline issue because they’re wary of polarizing […]

The crypto trends Animoca Brands is eyeing this year — Token2049

The crypto trends Animoca Brands is eyeing this year — Token2049

Animoca Brands is looking at trends in real-world tokenized assets, AI projects, and the gaming sector to invest in and develop, according to Omar Elissar, the company’s managing director for the Middle East and the head of Global Strategic Partnerships. In an interview with Cointelegraph’s Sam Bourgi at Token2049, Elissar said that stablecoins, real-world asset […]

Strategy touts 13.7% YTD Bitcoin yield in earnings print

Strategy touts 13.7% YTD Bitcoin yield in earnings print

Michael Saylot’s tech firm Strategy has earned shareholders a Bitcoin yield of 13.7% in the year-to-date, the company said in its May 1 earnings report. That equates to a Bitcoin gain of more than 61,000 Bitcoin (BTC), worth approximately $5.8 billion, according to the company. Bitcoin yield and Bitcoin gain are unofficial accounting metrics that Strategy […]

US lawmaker proposes crypto ATMs in federal buildings

US lawmaker proposes crypto ATMs in federal buildings

A Texas member of the US House of Representatives has proposed that government officials consider installing cryptocurrency ATMs in federal buildings across the country. In a May 1 letter to Stephen Ehikian, the acting administrator of the General Services Administration (GSA) — the entity responsible for managing the US government’s properties — Rep. Lance Gooden […]

Institutional Bitcoin buying may soon price out retail — LONGITUDE panel

Institutional Bitcoin buying may soon price out retail — LONGITUDE panel

Retail investors are running out of time to accumulate Bitcoin as institutional adoption accelerates, according to Sergej Kunz, co-founder of exchange aggregator 1inch. Bitcoin (BTC) is evolving into an alternative reserve currency, propelling institutional demand and potentially pricing out retail investors, Kunz said during Cointelegraph’s LONGITUDE event in Dubai.  « Every retail user should be thinking […]

Crypto to accelerate AI adoption — LONGITUDE panel

Crypto to accelerate AI adoption — LONGITUDE panel

Cryptocurrency can accelerate artificial intelligence adoption by helping AI startups onboard users, according to Polygon’s co-founder Sandeep Nailwal. “You can use crypto incentives and disincentives to onboard users to onboard the ecosystem players,” Nailwal said during a panel discussion at the LONGITUDE by Cointelegraph event. He added that projects with effective onchain incentive structures might […]

Bitcoin trader says BTC’s cycle top in $125K to $150K range if certain conditions are met

Bitcoin trader says BTC’s cycle top in $125K to $150K range if certain conditions are met

Key takeaways: Bitcoin could reach $150,000 by August or September of this year if BTC breaks above the parabolic slope pattern. Bitcoin (BTC) price jumped to new quarterly highs at $96,700 on May 1, a day after the US GDP contracted -0.3% for the first time since Q2 2022. Amid heightened economic concerns, the probability […]

Tether CEO defends decision to skip MiCA registration for USDT

Tether CEO defends decision to skip MiCA registration for USDT

Paolo Ardoino, CEO of stablecoin issuer Tether, addressed criticism over the company’s decision not to seek registration under the European Union’s Markets in Crypto-Assets (MiCA) framework, arguing that the regulations were risky for stablecoins. Speaking to Cointelegraph at the Token2049 conference in Dubai, Ardoino reiterated that Tether had no plans to apply for its US […]

Coinbase suspends trading for MOVE token

Coinbase suspends trading for MOVE token

Crypto exchange Coinbase has announced it will suspend trading of Movement Labs’ native token effective May 15. The decision was shared in a May 1 post on X, with Coinbase citing the token’s failure to meet its listing standards. According to CoinMarketCap, the MOVE token declined by 13.6% in the last 24 hours. Coinbase announced: […]

Devs introduce Ethereum R1 layer-2 scaling solution

Devs introduce Ethereum R1 layer-2 scaling solution

A group of developers within the Ethereum ecosystem, operating independently of the Ethereum Foundation, have announced Ethereum R1 — a layer-2 (L2) scaling solution for the Ethereum network that does not include a native token. According to the announcement, the project relies entirely on donations, does not have venture funding, and does not have any […]

The case for enterprise-grade custody solutions

The case for enterprise-grade custody solutions

Opinion by: Vikash Singh, Principal Investor at Stillmark The Bybit hack resulted in the largest loss of funds to cyber hackers by a cryptocurrency exchange in history. It served as a wake-up call for those complacent about the state of security threats in the digital assets space. Everyone must learn the lesson from this heist […]

Bitcoin bulls prep $97K resistance showdown as gold dips 8% from highs

Bitcoin bulls prep $97K resistance showdown as gold dips 8% from highs

Bitcoin (BTC) gained 3% on May 1 as a new month saw shorts struggle to keep price pinned. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin pressures shorts after 3% daily gains Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $96,955 on Bitstamp, its highest since Feb. 22. Increasingly close to six figures, Bitcoin rose […]

Federal crypto legislation could come with a ‘New York State of Mind’

Federal crypto legislation could come with a ‘New York State of Mind’

Love it or leave it, New York State has been a force in crypto regulation. Ten years ago, the state created the United States’ first comprehensive regulatory framework for firms dealing in cryptocurrencies, including key consumer protection, anti-money laundering compliance and cybersecurity guidelines. In September 2015, the New York Department of Financial Services (NYDFS) issued […]

Bitcoin to $1M by 2029 fueled by ETF and gov’t demand — Bitwise exec

Bitcoin to $1M by 2029 fueled by ETF and gov’t demand — Bitwise exec

Bitcoin’s expanding institutional adoption may provide the “structural” inflows necessary to surpass gold’s market capitalization and push its price beyond $1 million by 2029, according to Bitwise’s head of European research, André Dragosch. “Our in-house prediction is $1 million by 2029. So that Bitcoin will match gold’s market cap and total addressable market by 2029,” […]

Ethereum to simplify crosschain transactions with new token standards

Ethereum to simplify crosschain transactions with new token standards

Ethereum developers are working to improve blockchain interoperability with two new token standards: ERC-7930 and ERC-7828. “There’s no standard way for wallets, apps, or protocols to interpret or display this information,” decentralized finance (DeFi) ecosystem development organization Wonderland wrote in a May 1 X post. Wallets, decentralized applications (DApps), block explorers and smart contracts follow […]

Bitcoin yield demand booming as institutions seek liquidity — Solv CEO

Bitcoin yield demand booming as institutions seek liquidity — Solv CEO

The demand for yield-generating strategies around Bitcoin (BTC) is surging, especially from firms seeking liquidity without liquidating their BTC, according to Ryan Chow, co-founder and CEO of Solv Protocol. During a fireside chat at the Token2049 conference in Dubai on May 1, Chow said institutional interest in Bitcoin yield products has grown exponentially over the […]

21Shares files for US spot Sui ETF after European launch

21Shares files for US spot Sui ETF after European launch

Major European cryptocurrency investment firm 21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, marking another step in its expansion to the US market. 21Shares on April 30 submitted the Form S-1 registration for a spot Sui (SUI) ETF to the US Securities and Exchange Commission (SEC). Called the 21Shares […]

Google subpoena scam: What it looks like and how to avoid it

Google subpoena scam: What it looks like and how to avoid it

What is a Google subpoena scam? The Google subpoena scam is a type of phishing attack where fraudsters impersonate Google to create a false sense of urgency and fear.  Typically, you will receive an email that appears to come from no-reply@google.com, claiming to inform you of a subpoena, a formal legal request. The email will […]

Real-world assets do not need institutions yet, Plume CEO says

Real-world assets do not need institutions yet, Plume CEO says

Amid the intensifying global race to tokenize real-world assets, the market is still too nascent for institutional adoption, according to Chris Yin, the co-founder and CEO of Galaxy-backed RWA platform Plume. Institutional capital is yet to enter the RWA market, and it will take some time for institutions to see its value, Yin told Cointelegraph […]