Archives par catégorie: Flash News

Bahrain-based AlAbraaj Restaurants adopts Bitcoin treasury strategy

Bahrain-based AlAbraaj Restaurants adopts Bitcoin treasury strategy

Bahrain-based publicly listed catering company with a $24.22 million market cap has adopted a Bitcoin treasury strategy in partnership with investment firm 10X Capital. According to a May 15 announcement, AlAbraaj Restaurants Group partnered with 10X Capital to adopt a Bitcoin (BTC) treasury strategy similar to top corporate BTC holder Strategy, previously known as MicroStrategy. […]

Jim Chanos takes opposing bets on Bitcoin and Strategy

Jim Chanos takes opposing bets on Bitcoin and Strategy

Prominent short-seller Jim Chanos, once a vocal critic of Bitcoin and cryptocurrencies, revealed a new trading play that involves shorting shares of Strategy (formerly MicroStrategy) and buying Bitcoin. At the Sohn Investment Conference in New York, Chanos told CNBC he’s “selling MicroStrategy stock and buying Bitcoin.” The investor described the move as buying something for […]

Bitcoin to $1M by 2028 as Hayes tells Europe to ’get your money out’

Bitcoin to $1M by 2028 as Hayes tells Europe to ’get your money out’

Key points: US treasuries and foreign capital “repatriation” make a recipe for $1 million BTC, says Arthur Hayes. Europeans face tightening capital controls, inviting a recommendation to take back control of personal funds. Seven-figure BTC price targets are already gaining traction. Bitcoin (BTC) will shoot to $1 million in just three years thanks to global […]

Stablecoins seen as ideal fit for real-time collateral management

Stablecoins seen as ideal fit for real-time collateral management

Cryptocurrencies and stablecoins are gaining growing recognition in the traditional finance (TradFi) space for their ability to streamline payments and increase efficiency in existing financial systems In finance, collateral management refers to the process of managing the underlying collateral securing other financial transactions, such as loans or derivatives, to mitigate credit risks and ensure smooth […]

Is the XRP price rally over for now?

Is the XRP price rally over for now?

Key takeaways: XRP forms a double top and rising wedge, signaling short-term downside risk toward $1.94. NUPL indicates traders are in denial, resembling past pre-crash phases. Long-term charts still point to bullish targets between $3.69 and $17. XRP (XRP) has rebounded by more than 50% over a month after forming a local low at $1.80. […]

Coinbase refuses $20M ransom after support agent data breach

Coinbase refuses $20M ransom after support agent data breach

Coinbase, the world’s third-largest cryptocurrency exchange, was hit by a $20 million extortion attempt after cybercriminals recruited overseas support agents to leak user data, the company said. According to a May 15 blog post, Coinbase said a group of external actors bribed and coordinated with a small number of customer support contractors to access internal […]

Pi Network to invest $100M in startups building blockchain apps

Pi Network to invest $100M in startups building blockchain apps

Mobile-first blockchain Pi Network has launched a $100 million fund to invest in initiatives built on its infrastructure. According to a May 14 announcement, the Pi Foundation is launching Pi Network Ventures with an initial investment of $100 million in Pi (PI) tokens and US dollars. The fund will invest in startups and businesses building […]

Pareto launches synthetic dollar backed by private credit

Pareto launches synthetic dollar backed by private credit

Private credit marketplace Pareto has introduced a new synthetic dollar aimed at linking institutional investors with decentralized finance (DeFi) opportunities — a move that highlights the expanding role of stablecoins in global finance. The newly launched USP synthetic dollar is fully backed by real-world private credit, Pareto told Cointelegraph on May 15. To mint USP, […]

The value of virtual: Economies are powered by ownership of the intangible

The value of virtual: Economies are powered by ownership of the intangible

Opinion by: Yat Siu, executive chairman and co-founder, Animoca Brands A discussion on digital property rights, copyright, intellectual property, the open metaverse, AI and value without physical form. When I attend conferences and similar public events, someone almost always approaches me to ask how cryptographic tokens (fungible or non-fungible) can have value even though tokens […]

Nasdaq-listed BTCS to boost ETH holdings with $57.8M raise

Nasdaq-listed BTCS to boost ETH holdings with $57.8M raise

Publicly traded company BTCS announced a $57.8 million financing agreement led by investment firm ATW Partners to purchase Ether as it expands its blockchain infrastructure strategy.  The Rockville, Maryland-based company announced the deal on May 14, saying that the move will allow it to expand validator node operations and build recurring revenue from Ether (ETH) […]

Coinbase’s x402: Crypto payments over HTTP for AI and APIs

Coinbase’s x402: Crypto payments over HTTP for AI and APIs

What is HTTP 402, and why does it matter? The web was not really built with payments in mind, especially not for autonomous agents or machines. But with the rise of AI and decentralized finance (DeFi), the need for seamless, native digital payments has never been more urgent.  Coinbase x402 announced a new open protocol […]

Ukraine strategic Bitcoin reserve bill reportedly in final stages

Ukraine strategic Bitcoin reserve bill reportedly in final stages

Ukraine is reportedly moving closer to adopting Bitcoin as a national reserve asset, a move that could bolster its financial resilience amid the ongoing war with Russia. Lawmakers are reportedly working on a Bitcoin (BTC) national reserve proposal, with a draft bill in its final stages, according to Yaroslav Zhelezniak, a member of parliament who […]

Bitcoin looks 'ridiculous' as bulls attempt $2T market cap flip — Analyst

Bitcoin looks 'ridiculous' as bulls attempt $2T market cap flip — Analyst

Key points: Bitcoin has a fight for both $100,000 and a $2 trillion market cap on its hands this month. Dips below six figures are “easily possible,” analyst Filbfilb says, but the odds are stacked in bulls’ favor. ETH/BTC needs to hit the 0.03 inflection point as part of an altcoin comeback. Bitcoin (BTC) is […]

Sonic Labs wins judgment for Multichain Foundation to wind up

Sonic Labs wins judgment for Multichain Foundation to wind up

A Singapore High Court has ruled in favor of Sonic Labs’ motion to force the Multichain Foundation to wind up in an effort to recover funds stolen during a 2023 hack. In the May 9 judgment in the Singapore Supreme Court, Justice Kwek Mean Luck granted a request from Sonic Labs, formerly the Fantom Foundation, […]

NFT founder stole millions from Bitcoin project, investors allege

NFT founder stole millions from Bitcoin project, investors allege

Several investors in a non-fungible token (NFT) project, Hashling NFT, have accused its founder of misappropriating millions of dollars in profits from the project and a closely tied Bitcoin mining operation. According to the May 14 court filing in Illinois, the plaintiffs allege that their former business partner, Jonathan Mills, lied about transferring assets from […]

Stablecoin bill won’t target Trump as Senate aims to pass it next week

Stablecoin bill won’t target Trump as Senate aims to pass it next week

The US Senate could pass a key bipartisan stablecoin bill as soon as next week after removing language targeting President Donald Trump and his family’s sprawling crypto interests. Republican Senator Cynthia Lummis said onstage at an event by Coinbase’s lobbying arm, Stand With Crypto, that she thinks it’s a “fair target” to have the Guiding […]

Chainalysis CEO offers a clue into the recent spate of Paris crypto attacks

Chainalysis CEO offers a clue into the recent spate of Paris crypto attacks

Some criminal organizations are yet to receive the memo — crypto is traceable — and could explain the recent string of crypto-related kidnappings, says Chainalysis CEO Jonathan Levin.  Law enforcement has been increasingly successful at tracing stolen funds and crypto ransom payments, resulting in a “lot of arrests,” Levin said during the 2025 Consensus crypto […]

Telegram shuts the 'largest darknet marketplace to have ever existed'

Telegram shuts the 'largest darknet marketplace to have ever existed'

A major Chinese darknet marketplace suspected of facilitating crypto scams and cybercrime has been shut down by the Telegram messaging service, upon which it operated. The internet’s largest illicit marketplace, Haowang Guarantee, formerly Huione Guarantee, said it will shut down following Telegram’s ban of thousands of associated accounts on May 13.  “Since all our NFTs, […]

Coinbase CEO looking at more acquisitions after $2.9B Deribit buy

Coinbase CEO looking at more acquisitions after $2.9B Deribit buy

Coinbase CEO Brian Armstrong says his firm will continue to look for merger and acquisition opportunities after acquiring crypto derivatives platform Deribit. “We are always looking at M&A opportunities,” said Armstrong on Bloomberg Television on May 14. He added that the firm has a large balance sheet that can be put to use. The firm […]

Dems seek suspicious activity reports linked to Trump crypto ventures

Dems seek suspicious activity reports linked to Trump crypto ventures

US Democrat lawmakers have sent a letter to the US Treasury demanding access to suspicious activity reports (SARs) on several Trump-backed crypto projects as part of the latest probe into the president’s digital ventures.  Penned by representatives Gerald Connolly, Joseph Morelle, and Jamie Raskin, the May 14 letter asks Treasury Secretary Scott Bessent for all […]