Archives par catégorie: Flash News

Frictionless flows are Ethereum's path to economic dominance

Frictionless flows are Ethereum's path to economic dominance

Opinion by: Barna Kiss, CEO of Malda An idea recently floated by some prominent thinkers in the Ethereum space to reclaim value for the mainnet is the taxing of its Layer-2s. The future of Ethereum does not depend on policy but on enabling frictionless capital movement between the L2s in question. Tariffing rollups may appear […]

Dem lawmakers object to hearing, citing 'Trump’s crypto corruption'

Dem lawmakers object to hearing, citing 'Trump’s crypto corruption'

Representative Maxine Waters, ranking member of the House Financial Services Committee (HFSC), led Democratic lawmakers out of a joint hearing on digital assets in response to what she called “the corruption of the President of the United States” concerning cryptocurrencies. In a May 6 joint hearing of the HFSC and House Committee on Agriculture, Rep. […]

What bankers, CPAs and CFOs need to know about blockchain

What bankers, CPAs and CFOs need to know about blockchain

Why finance veterans are still skeptical about blockchain Blockchain has been part of the finance conversation for over a decade now. Yet many professionals remain cautious.  Many seasoned professionals in finance, wealth management and economics often question blockchain’s relevance, asking, How exactly is blockchain supposed to fit into what we already do? This question reflects […]

US stablecoin bill loses democrats amid Trump corruption concerns

US stablecoin bill loses democrats amid Trump corruption concerns

Democratic lawmakers in Washington are backing off support for crypto legislation amid heightened concerns over corruption, including the conduct of the Trump family’s World Liberty Financial (WLFI). In March, the GENIUS Act, which would regulate stablecoins in the US, passed a critical committee reading with the support of several pro-crypto Democrats. Democratic Senators Ruben Gallego, […]

Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’

Singapore’s Grab taps Solana DePIN project Natix to ‘reshape mapping’

Southeast Asia’s superapp Grab has partnered with Natix, a project within Solana’s decentralized physical infrastructure network (DePIN), to cooperate on mapping and autonomous driving technologies. The joint collaboration aims to combine Natix’s blockchain-based mapping data with Grab’s camera hardware and mapmaking technology featuring artificial intelligence support, Natix said in an announcement on May 6. “This […]

Binance founder CZ says Bitcoin could hit $500K–$1M this cycle

Binance founder CZ says Bitcoin could hit $500K–$1M this cycle

Binance co-founder Changpeng “CZ” Zhao expects Bitcoin’s price to top at $500,000 to $1 million during this market cycle. During an interview with Rug Radio published on May 5, Zhao said that he expects Bitcoin to reach up to one million dollars during this market cycle. He also highlighted the role of Bitcoin spot exchange-traded […]

Blockchains ready for institutions, lawyers hesitate: DoubleZero CEO

Blockchains ready for institutions, lawyers hesitate: DoubleZero CEO

While blockchain infrastructure may be ready for institutional use, many legal teams at large firms remain cautious about full integration with the technology.  At the Token2049 event in Dubai, DoubleZero Labs founder and former Solana head of strategy Austin Federa told Cointelegraph that today’s high-performance blockchains like Solana are technically capable of supporting large-scale institutional […]

Bitcoin risks sub-$92K retest as BTC price fails to match 4% gold gains

Bitcoin risks sub-$92K retest as BTC price fails to match 4% gold gains

Key points: Bitcoin is struggling again as gold retakes the limelight with week-to-date gains of nearly 5%. Bitcoin’s correlation with gold is under scrutiny amid ongoing macroeconomic shifts. Traders see a short-term slump amid a wider BTC price rebound. Bitcoin (BTC) eyed fresh month-to-date lows into the May 6 Wall Street open as “directionless” crypto […]

Citi and SDX partner to tokenize traditional private markets

Citi and SDX partner to tokenize traditional private markets

Investment bank Citi and Switzerland’s SIX Digital Exchange (SDX) are teaming up to modernize traditional private markets through tokenization. The initiative, revealed during the Point Zero Forum in Switzerland, will leverage SDX’s blockchain-based Central Securities Depositary (CSD) platform to tokenize, settle, and safekeep assets, according to a May 6 announcement. The platform, expected to go live by […]

Bitcoin price forms two BTC futures gaps after Coinbase premium flips negative

Bitcoin price forms two BTC futures gaps after Coinbase premium flips negative

Key takeaways: Bitcoin’s Coinbase premium index turned negative for the first time in 15 days, indicating defensive short-term sentiment among US investors. Bitcoin CME futures gaps between support at $92,000-$92,500 and resistance at $96,400-$97,400 suggest a period of range-bound trading. Bitcoin’s Coinbase premium index, which measures the gap between BTC price at Coinbase Pro and […]

How much Bitcoin can Berkshire Hathaway buy?

How much Bitcoin can Berkshire Hathaway buy?

Key takeaways: Berkshire holds $347B in cash, enough to buy ~18% of Bitcoin’s supply. Greg Abel has not signaled a shift from Warren Buffett’s anti-Bitcoin stance. Berkshire already has indirect crypto exposure via Nu Holdings, Jefferies. Warren Buffett announced at Berkshire Hathaway’s annual shareholder meeting on May 3 that he will step down as CEO […]

Research DAO claims paralyzed rats recover after spinal cord fix

Research DAO claims paralyzed rats recover after spinal cord fix

Decentralized autonomous organization (DAO) HydraDAO claims that its researchers were able to use a novel technique to repair severed spines in rats. In a May 5 X post, decentralized science (DeSci) project HydraDAO said that one of its research projects resulted in “rats who had their spines fully transected” being able to walk again. More […]

Crypto spending will grow, but fiat isn’t going anywhere: Mercuryo CEO

Crypto spending will grow, but fiat isn’t going anywhere: Mercuryo CEO

Petr Kozyakov, CEO of crypto payments platform Mercuryo, told Cointelegraph that the future of finance may not be a winner-takes-all scenario but a blend of digital assets and fiat, each used where it makes the most sense.  In a Cointelegraph interview, Kozyakov said that while crypto payments are seeing an increase in adoption and demand, […]

IRS appoints Trish Turner to head crypto division amid resignations

IRS appoints Trish Turner to head crypto division amid resignations

Veteran US Internal Revenue Service (IRS) official Trish Turner was appointed to lead the agency’s digital assets division following the departure of two key crypto-focused executives. Turner, who has spent over 20 years at the IRS and most recently served as a senior adviser within the Digital Assets Office, will now head the unit, according […]

Bitcoin vs. digital fiat is freedom vs. serfdom

Bitcoin vs. digital fiat is freedom vs. serfdom

Opinion by: Simon Cain, contributor at Bitcoin Policy UK Most jurisdictions globally are researching, developing or implementing retail central bank digital currencies (CBDCs). If you see these as harmless move-with-the-times digital updates of old-fashioned paper money, look again. CBDCs potentially mean financial serfdom via a monetary panopticon where the authorities closely control every transaction.  If […]

OKX exec warns against hype amid real-world asset tokenization boom

OKX exec warns against hype amid real-world asset tokenization boom

Crypto exchange OKX’s CEO for its Middle East and North Africa (MENA) arm urged the industry to focus on delivering real-world utility as interest in real-world asset (RWA) tokenization accelerates.  In a Cointelegraph interview at the Token20249 event in Dubai, OKX MENA CEO Rifad Mahasneh warned that while tokenization is promising, projects must “clearly demonstrate” […]

US Senate crypto bills stall amid Trump ties and ethics concerns

US Senate crypto bills stall amid Trump ties and ethics concerns

Efforts to pass crypto legislation in the US Senate face mounting resistance amid growing ethical concerns around US President Donald Trump’s ties to crypto. In a May 5 letter to the Office of Government Ethics, Senators Elizabeth Warren and Jeff Merkley said that Trump and his family stand to personally profit from an investment involving […]

Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’

Celsius’ Mashinsky lashes out at ‘death-in-prison sentence’

Alex Mashinsky, the founder and former CEO of bankrupt crypto lending platform Celsius, has blasted the government’s 20-year “venom-laced” sentence request, declaring it a “death-in-prison sentence.” The US Department of Justice requested Mashinsky receive at least 20 years behind bars in the May 8 sentencing for his role in misleading Celsius users and profiting from […]

Bitcoin Core to unilaterally remove controversial OP-Return limit

Bitcoin Core to unilaterally remove controversial OP-Return limit

Bitcoin Core developers have decided to remove a limit on transaction data in the next network upgrade, enabling more data to be included in a more efficient way.  “Bitcoin Core’s next release will, by default, relay and mine transactions whose OP_RETURN outputs exceed 80 bytes and allow any number of these outputs,” read the announcement […]

eToro aims for $4B valuation, $500M raise for US IPO

eToro aims for $4B valuation, $500M raise for US IPO

The Israel-based eToro Group says it’s looking for a valuation of up to $4 billion with its initial public offering in the US, as the stock and crypto trading platform forges ahead with listing on the Nasdaq. The company and existing stockholders are aiming to raise $500 million through offering a total of 10 million […]