Archives par catégorie: Flash News

Blackstone buys $1M worth of Bitcoin ETF in first crypto bet

Blackstone buys $1M worth of Bitcoin ETF in first crypto bet

Blackstone, which bills itself as the “the world’s largest alternative asset manager,” disclosed its first-ever crypto-related purchase, buying shares in BlackRock’s spot Bitcoin exchange-traded fund. However, Blackstone’s investment, reported in a May 20 filing with the US Securities and Exchange Commission, only totaled around $1.08 million — a fraction of the asset manager’s $1.2 trillion […]

‘Hawk tuah girl’ Haliey Welch says FBI probed her ‘memecoin disaster’

‘Hawk tuah girl’ Haliey Welch says FBI probed her ‘memecoin disaster’

Haliey Welch, better known as the “Hawk tuah girl,” says the Federal Bureau of Investigation briefly probed her after her “memecoin disaster” — the failed launch of a token in her image that she promoted.  Welch said in a May 21 episode of her “Talk Tuah” podcast that the FBI showed up at her grandmother’s […]

Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury

Strive targets 75,000 Bitcoin from Mt. Gox claims to build Bitcoin treasury

Vivek Ramaswamy’s Strive is looking to build its Bitcoin holdings by purchasing distressed Bitcoin claims at a discount, starting with claims tied to 75,000 Bitcoin at the bankrupt crypto exchange Mt. Gox. Strive said in a May 20 regulatory filing that it partnered with 117 Castell Advisory Group LLC to target claims to Bitcoin (BTC) […]

SEC charges Unicoin and executives for alleged $100 million fraud

SEC charges Unicoin and executives for alleged $100 million fraud

The US Securities and Exchange Commission has charged crypto platform Unicoin and three of its executives, alleging they made false and misleading statements about its crypto assets that raised $100 million from investors. The SEC said on May 20 that it charged Unicoin CEO Alex Konanykhin, board member Silvina Moschini, and former investment chief Alex […]

Justin Sun to attend Trump's dinner with memecoin backers

Justin Sun to attend Trump's dinner with memecoin backers

After weeks of speculation among crypto enthusiasts and news outlets, Tron founder Justin Sun has claimed he owns the wallet that purchased the largest amount of Donald Trump’s memecoin, allowing him to qualify for a dinner and reception with the US president. In a May 19 X post, Sun said he had received an invitation […]

Bitcoin open interest hits record high as bulls stampede toward new BTC price highs

Bitcoin open interest hits record high as bulls stampede toward new BTC price highs

Key takeaways: Bitcoin futures open interest hit a record $72 billion, signaling rising use of leverage among institutional investors. $1.2 billion in shorts at $107,000 to $108,000 are at risk of liquidation, boosting BTC’s breakout odds. The aggregate open interest in Bitcoin (BTC) futures surged to a record high on May 20, raising questions about […]

Bancor files patent infringement lawsuit against Uniswap over DEX tech

Bancor files patent infringement lawsuit against Uniswap over DEX tech

Bancor, the creator of a smart contract-based automated market maker, is suing Uniswap for patent infringement, alleging the decentralized finance exchange has used its technology without permission and profited significantly from it. According to the May 20 announcement of the lawsuit, Bancor designed the technology in 2016 and patented it in January 2017. The technology […]

Ethereum price gained 90% the last time this indicator turned bullish

Ethereum price gained 90% the last time this indicator turned bullish

Key Takeaways: Ethereum is forming a bull flag on the daily chart, with a potential breakout above $3,600. If ETH reclaims the 2-week Gaussian Channel mid-line, a 90% rally could occur. Ethereum (ETH) price is consolidating between $2,400 and $2,750 on its daily chart, forming a bull flag pattern with sights on the $3,000 to […]

Coinbase CEO's journey from no 'political causes' to hiring DOGE staff

Coinbase CEO's journey from no 'political causes' to hiring DOGE staff

Five years ago, Brian Armstrong wanted employees of his cryptocurrency exchange to refrain from expressing political views at work. Now, the Coinbase CEO seems to be open to involvement with Republican figures, including members of US President Donald Trump’s inner circle. In a May 13 X post, Armstrong said members of the Department of Government […]

Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins

Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins

Key takeaways: An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace. Over $3 billion in Bitcoin short positions are vulnerable above $107,000, creating a “liquidation magnet” that could send BTC price to new highs. Bitcoin (BTC) is 11 days from potentially […]

Validation Cloud deploys Web3 AI engine on Hedera

Validation Cloud deploys Web3 AI engine on Hedera

Artificial intelligence platform Validation Cloud has launched a new large language model on the Hedera network, potentially giving decentralized finance users the ability to reach blockchain data in a more accessible way. The Mavrik-1 AI engine has been deployed on Hedera, with several other planned integrations expected during a public rollout later this year, Validation […]

SEC crypto task force to release first report 'in the next few months'

SEC crypto task force to release first report 'in the next few months'

US Securities and Exchange Commission (SEC) Paul Atkins appeared before lawmakers in one of his first hearings since becoming chair of the financial regulator, addressing questions about his plans for the cryptocurrency industry. In a May 20 hearing discussing oversight of the SEC, Atkins reiterated his pledge to make regulating digital assets a “key priority” […]

Javier Milei shuts down task force investigating LIBRA scandal

Javier Milei shuts down task force investigating LIBRA scandal

Argentine President Javier Milei has dissolved a task force established to investigate the fallout from LIBRA, the scandalous cryptocurrency project the head of state promoted on his social media channel before it crashed to zero.  The Investigative Task Force (ITU) was dissolved via a May 19 decree signed by Milei and Justice Minister Mariano Cúneo […]

The crypto market values chains more than standalone applications

The crypto market values chains more than standalone applications

Opinion by: Hatu Sheikh, founder of Coin Terminal Although blockchains and DApps are critical, crypto industry stakeholders often prioritize applications based on adoption principles and revenue distribution. DApps won’t function without their underlying chains. The markets must uphold blockchains for long-term value generation. The value perspective is wrong  Blockchains and DApps should work collaboratively to […]

Robinhood proposes SEC rules for tokenized real-world assets

Robinhood proposes SEC rules for tokenized real-world assets

Robinhood submitted a 42-page proposal to the US Securities and Exchange Commission (SEC), calling for a national framework to regulate tokenized real-world assets (RWAs). The brokerage is seeking to modernize financial infrastructure by making tokenized assets legally equivalent to their traditional counterparts and enabling compliant onchain settlement, Forbes reported on May 20. In the proposal, […]

Senate stablecoin vote splits Democrats amid concerns over corruption

Senate stablecoin vote splits Democrats amid concerns over corruption

US Senate Democrats are getting flak after they helped move stablecoin legislation ahead for discussion on the Senate floor. On May 19, 16 Democratic senators broke from the party line to pass a motion to invoke cloture, which will now set the bill up for debate on the Senate floor. Some of the same Democrats […]

Kraken expands in Europe with regulated crypto derivatives

Kraken expands in Europe with regulated crypto derivatives

Cryptocurrency exchange Kraken announced the launch of regulated derivatives trading on its platform under the European Union’s Markets in Financial Instruments Directive (MiFID II). According to a May 20 announcement, Kraken’s perpetual and fixed maturity crypto futures contracts will be available for trading by retail and institutional customers in the European Economic Area (EEA). The […]

German gov’t missed out on $2.3B profit after selling Bitcoin at $57K

German gov’t missed out on $2.3B profit after selling Bitcoin at $57K

The German government missed out on more than $2 billion worth of Bitcoin profit after selling its holdings in 2024, according to blockchain intelligence firm Arkham. A “German Government (BKA)” labeled cryptocurrency wallet sold 49,858 Bitcoin (BTC) worth over $2.89 billion at an average price of $57,900 across multiple transactions during June and July in […]

Circle co-founder to create ‘AI-native’ bank after $18M raise

Circle co-founder to create ‘AI-native’ bank after $18M raise

Circle co-founder and Catena Labs CEO Sean Neville has launched a project that aims to develop a financial institution that natively leverages artificial intelligence.  On May 20, Catena Labs, the company building an “AI-native financial institution,” announced that it secured $18 million in a funding round led by Andreessen Horowitz (a16z) Crypto, a16z’s crypto and […]