Archives par catégorie: Flash News

South Korean presidential front-runner proposes won-based stablecoin

South Korean presidential front-runner proposes won-based stablecoin

South Korea’s Democratic Party leader Lee Jae-myung proposed creating a stablecoin tied to the Korean won to prevent capital outflows and strengthen national financial sovereignty. Speaking during a recent policy discussion, Lee argued that a won-based stablecoin would allow South Korea to retain wealth domestically while reducing reliance on foreign-issued digital assets like USDt (USDT) […]

Sorry bears — Bitcoin analysis dismisses $107K BTC price double top

Sorry bears — Bitcoin analysis dismisses $107K BTC price double top

Key points: Bitcoin is not in line to cancel its attack on all-time highs, says the Bitcoin Fundamental Index (BFI). BTC price strength remains “intact,” says Swissblock Technologies, removing the risk of a double top. Historically, a return to within 10% of all-time highs delivers price discovery almost every time. Bitcoin (BTC) does not risk […]

Genesis files dual lawsuits to claw back $3.3B from DCG, Barry Silbert

Genesis files dual lawsuits to claw back $3.3B from DCG, Barry Silbert

Genesis has launched a pair of lawsuits against its parent company, Digital Currency Group (DCG), and its CEO, Barry Silbert, accusing them of fraud, reckless mismanagement and siphoning more than a billion dollars in value from the now-bankrupt crypto lender. On May 19, the Delaware Court of Chancery unsealed a complaint detailing how DCG allegedly […]

How $330M was stolen without hacking: The dark power of social engineering

How $330M was stolen without hacking: The dark power of social engineering

The $330 million attack: A stark reminder of social engineering’s power A major crypto theft has sent shockwaves through the industry, with $330 million worth of Bitcoin (BTC) stolen. Experts say this was a social engineering attack and not a technical hack.  Investigations led by blockchain analyst ZachXBT suggest the victim was an elderly US […]

Trump signs bill criminalizing nonsensenual AI deepfake porn

Trump signs bill criminalizing nonsensenual AI deepfake porn

US President Donald Trump has signed a bill criminalizing nonconsensual artificial intelligence-generated deepfake porn, which also requires websites to take down any illicit images within 48 hours. Trump signed the bill into law on May 19, known as the TAKE IT DOWN Act, an acronym for Tools to Address Known Exploitation by Immobilizing Technological Deepfakes […]

Indonesia’s DigiAsia shares pop 90% on plan to raise $100M to buy Bitcoin

Indonesia’s DigiAsia shares pop 90% on plan to raise $100M to buy Bitcoin

Shares in the Indonesian fintech firm DigiAsia Corp nearly doubled after the company said it plans to raise $100 million to seed its first of many Bitcoin buys. The Jakarta-based Nasdaq-listed company said on May 19 that its board of directors approved creating a Bitcoin (BTC) “treasury reserve” and it was “committing up to 50% […]

SEC’s Crenshaw says agency playing ‘regulatory Jenga’ with crypto

SEC’s Crenshaw says agency playing ‘regulatory Jenga’ with crypto

The US Securities and Exchange Commission’s sole Democratic Commissioner has said the agency is “playing a game of regulatory Jenga” with its approach to the crypto industry and market regulation under the Trump administration. In May 19 remarks at the SEC Speaks event, Commissioner Caroline Crenshaw cautioned against what she described as a dangerous dismantling […]

Binance wants arbitration for all members of securities class suit

Binance wants arbitration for all members of securities class suit

Crypto exchange Binance has asked a US federal judge to send all members of a class-action lawsuit alleging it sold securities to arbitration, arguing that the group waived their ability to form a class action under the company’s terms. The exchange said in a May 16 filing to a New York federal court that its […]

US Senate moves forward with GENIUS stablecoin bill

US Senate moves forward with GENIUS stablecoin bill

The US Senate has voted to advance a key stablecoin-regulating bill after Democrat Senators blocked an attempt to move the bill forward earlier in May over concerns about President Donald Trump’s sprawling crypto empire. A key procedural vote on the Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, passed in a […]

Solana Labs offshoot Anza pitches ‘biggest change’ ever to network consensus

Solana Labs offshoot Anza pitches ‘biggest change’ ever to network consensus

Anza, a Solana blockchain infrastructure firm spun out of Solana Labs, has proposed a new proof-of-stake consensus called Alpenglow that it claims would be “the biggest change to Solana’s core protocol” and compete with current internet infrastructure. “We believe that the release of Alpenglow will be a turning point for Solana. Alpenglow is not only […]

Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec

Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec

Key takeaways: Bitcoin’s Sharpe ratio converges with gold’s, indicating similar risk-adjusted returns, supporting its store-of-value role. Gold outperformed Bitcoin in Q1 2025 with a 30.33% price gain versus Bitcoin’s 3.84%, driven by economic uncertainty. Bitcoin ETF inflows are recovering, and analysts predict BTC could reach $110,000–$444,000 in 2025. Bitcoin’s (BTC) price is holding above $100,000, […]

Bitcoin fractal analysis forecasts new all-time highs above $110K by end of week

Bitcoin fractal analysis forecasts new all-time highs above $110K by end of week

Key takeaways: Bitcoin onchain and technical data suggest new all-time highs are imminent. Glassnode data shows most Bitcoin wallet cohorts accumulating BTC. A daily timeframe bearish divergence signals fading momentum, raising doubt on BTC’s ability to rally into the $120,000 to $130,000 range. Bitcoin (BTC) price rallied back above $105,000 during the US market trading […]

DOJ is investigating Coinbase data breach— Report

DOJ is investigating Coinbase data breach— Report

The US Department of Justice is reportedly conducting a probe over Coinbase’s contracted customer service agents in India, who accepted bribes in exchange for allowing criminals access to user data. According to a May 19 Bloomberg report, DOJ investigators are looking into the data breach, which Coinbase disclosed to the public on May 15. The […]

Bitcoin futures data aligns with BTC traders’ hope for new all-time highs

Bitcoin futures data aligns with BTC traders’ hope for new all-time highs

Key takeaways: Bitcoin buying in the spot and futures markets helped BTC price keep its upward momentum despite $170 million in margin liquidations. Weak stablecoin demand in China and the limited use of futures leverage suggest Bitcoin’s current rally is sustainable. Bitcoin (BTC) price has displayed strength at the $102,000 support level on May 19, […]

Circle plans IPO but talks with Ripple, Coinbase could lead to sale: Report

Circle plans IPO but talks with Ripple, Coinbase could lead to sale: Report

Circle, the issuer of stablecoin USDC (USDC), is still planning an initial public offering (IPO), but the company is also in informal talks with Ripple and Coinbase about a sale, according to a report from Fortune. Circle is seeking at least $5 billion, which is its target for the IPO, according to the four banking […]

Quantum Biopharma bolsters Bitcoin treasury

Quantum Biopharma bolsters Bitcoin treasury

Quantum Biopharma has purchased an additional $1 million worth of Bitcoin and other cryptocurrencies, the Canadian biotechnology company said.  The buys take Quantum’s total cryptocurrency holdings to approximately $4.5 million, according to a May 19 press release. The biotech company plans to stake a portion of its crypto to generate revenue.  Quantum expects that holding a […]

Paul Atkins: 'Crypto markets have been languishing in SEC limbo'

Paul Atkins: 'Crypto markets have been languishing in SEC limbo'

In one of his first speeches since becoming chair of the US Securities and Exchange Commission (SEC) in April, Paul Atkins addressed some of the regulatory concerns around the cryptocurrency industry. In prepared remarks for a May 19 speech, Atkins said it was a “new day” for the crypto industry under the current leadership of […]

Ripple launches cross-border blockchain payments in UAE

Ripple launches cross-border blockchain payments in UAE

Ripple, the creator of cryptocurrency XRP (XRP), launched cross-border blockchain payments in the United Arab Emirates (UAE), a development that could spur the adoption of cryptocurrency in a country receptive to digital assets. Zand Bank, the UAE’s first all-digital bank, and Mamo, a fintech company that offers a digital payment platform for businesses, will be […]