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Former IMF chief economist believes crypto is a rising threat to the U.S. Dollar’s dominance
American economist Kenneth Rogoff believes that the rise of crypto poses a threat to the hegemony of the U.S. dollar. Rogoff previously served as the chief economist at the International Monetary Fund (IMF) and on the Federal Reserve Board. He is a published author and an economics professor at Harvard University. In an interview with […]
Trump’s controversial memecoin dinner elicited mixed responses from attendees
U.S. President Donald Trump’s private dinner gala with the top 220 holders of his memecoin, which generated controversy from its announcement, took place on May 22. But what was touted as “the most exclusive invitation in the world” elicited mixed and wide-ranging responses from its attendees. While some complained about the quality of the food […]
Bad tokenomics kill good projects (here’s how to improve them)
The following is a guest post and opinion of Arthur Iinuma, Principal consultant and Founder of Iinuma.io. While good tokenomics cannot save unsound projects, even the most promising network launches can fail from poor token design. Spectacular flameouts like Terra LUNA and Celsius expose the dangers of financial sleight-of-hand—algorithmic stablecoins and yield schemes masquerading as […]
How to best leverage LSDFi?
The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. With Bitcoin dominance climbing to a 4-year high of 63%, it is clear that the altcoin market is not doing so well. Many a memecoin has sullied the crypto experience, alongside constant generation of new tokens that dilute the […]
Solana 'will make everyone an investor' — Solana nCMO
The current structure of capital markets is failing to serve a broad base of investors, according to Akshay BD, non-chief marketing officer at the Solana Foundation. During a panel at the Accelerate 2025 conference, Akshay argued that blockchain technology could help address these shortcomings, claiming that Solana could “make everyone an investor or a dreamer […]
BlackRock’s IBIT leads all US ETF inflows following Bitcoin’s historic rally to new ATH
BlackRock’s IBIT topped all US-based exchange-traded funds (ETFs) in inflows on May 22 following Bitcoin's rally to a new all-time high above $110,000. On May 23, Bloomberg ETF analyst Eric Balchunas reported that IBIT attracted $877.18 million in inflows that day, outpacing traditional heavyweights like Vanguard’s VOO, which tracks the S&P 500. VOO, typically a […]
Former SafeMoon CEO Braden Karony convicted on all charges in $200M crypto fraud scheme
A federal jury convicted former SafeMoon Braden John Karony on all charges in a crypto fraud scheme that siphoned millions from investors under false promises of decentralized finance security. The jury found Karony guilty of conspiracy to commit securities fraud, wire fraud, and money laundering after a 12-day trial in Brooklyn on May 21. Prosecutors […]
TRON Network Strengthens Global Payment Infrastructure as Bridge, a Stripe Company, Expands Integration
Geneva, Switzerland, May 23, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced the expansion of a strategic integration from Bridge, a leading stablecoin orchestration platform and a Stripe company. This development further solidifies TRON’s role as a preferred settlement […]
Indicators show retail remains sidelined as Bitcoin trades at new highs
Despite Bitcoin (BTC) reaching a new all-time high at $111,965.80 on May 22, retail adoption and on-chain gauges indicate speculative leverage has not stretched market conditions. VanEck head of digital assets research Matt Sigel shared App-store data compiled by Bloomberg Intelligence, showing crypto-platform downloads fell 14% year-over-year in April. Binance and Crypto.com downloads dropped 29% […]
Bitcoin balance sheet adoption could hit 20% of BTC supply by 2026
Bitwise and UTXO Management project that 20% of all Bitcoin (BTC) could migrate to institutional balance sheets by end-2026, according to a new report published by Bitwise and UTXO Management on May 23. The study, called “Exploring the Game Theory of Hyperbitcoinization,” models five demand channels for Bitcoin. Nation-states top the list with a $161.7 […]
Pi Network token makes derivatives debut on Kraken with perpetual futures offering 20x leverage
Kraken has introduced perpetual futures contracts for Pi Network’s native token, PI, allowing traders to speculate on its price with up to 20x leverage, according to a May 23 announcement. The listing marks the token's first appearance on a major derivatives platform. However, it failed to create positive momentum for the token's price. Based on […]
Cetus posts $5M bounty for hacker’s ID amid centralization concerns on Sui freeze
Cetus Protocol posted a $5 million reward on May 23 for information that identifies and leads to the arrest of the attacker who extracted $223 million from its decentralized exchange on the Sui network. Announced on May 23, the offer is coordinated with cybersecurity firm Inca Digital and will be funded by the Sui Foundation […]
BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK
Key points: Bitcoin slipped below $109,588, but technical charts suggest traders are buying each dip. Excessive leverage in Bitcoin futures increases the risk of a quick correction. Select altcoins have turned down from their respective overhead resistance levels, signaling that the bears remain sellers on rallies. Sellers have pulled Bitcoin (BTC) back below the breakout […]
Alchemy acquires NFT launchpad with 1 million users
Web3 developer platform Alchemy has acquired HeyMint, a California-based non-fungible token (NFT) launchpad, in a move designed to enhance the company’s smart wallet infrastructure. The undisclosed funding deal will see HeyMint’s infrastructure embedded within Alchemy as it seeks to simplify user onboarding for Web3 applications, the company disclosed on May 23. HeyMint’s co-founder and chief […]
Hyperliquid’s HYPE token soars to new ATH amid trading surge and CFTC collaboration
Hyperliquid's native token, HYPE, surged to a new record high following a significant increase in trading activity and open interest on the platform. This momentum mirrors the broader market upswing driven by Bitcoin's latest price milestone and coincides with Hyperliquid's public response to regulatory discussions with the US Commodity Futures Trading Commission (CFTC). Hyperliquid's open […]
Over $550 million liquidated as Bitcoin whipsaws back to $110k
Crypto derivatives wiped out more than $551 million in positions over the past 24 hours, according to Coinglass, with nearly 72 percent of the losses hitting long traders.The shake-out forced 162,994 traders out of their positions. The largest single hit was a $9.53 million BTC-USDT swap order on OKX. Longs accounted for about $395.5 million of the […]
Binance's Changpeng Zhao rebuffs WSJ 'fixer' role assertion for Trump-affiliated World Liberty Financial
Changpeng Zhao, founder and former CEO of Binance, has pushed back against a recent Wall Street Journal (WSJ) article that claims he is acting as a “fixer” for World Liberty Financial (WLFI), a DeFi venture linked to the Donald Trump family. The WSJ report alleged that Zhao facilitated international introductions for WLFI, including engagements in […]
Cetus’ hack response on Sui was once successful on Solana
The bounty offer to recover stolen funds from Sui-based decentralized exchange (DEX) Cetus closely resembles a successful strategy used by a Solana project three years ago. It turns out that Cetus shares the same development team as Crema Finance, a Solana-based DeFi project that suffered a $9-million hack in 2022 but recovered most of the […]
Texas governor Greg Abbott gestures support for Bitcoin reserve bill
Texas Governor Greg Abbott has sparked speculation about his backing of a proposed state-held Bitcoin reserve. On May 23, he shared a news article on his official X account that covered legislative efforts to pass the Strategic Bitcoin Reserve (SBR) bill. The article also acknowledged Abbott's long-standing support for digital assets and highlighted his role […]
JPMorgan and other Wall Street banks reportedly in joint challenge for Tether’s stablecoin dominance
Some of the largest banks in the United States, including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo, are reportedly working on a joint stablecoin initiative, the Wall Street Journal reported May 23. Sam Kazemian, founder of Frax Finance, confirmed the development, signaling that the conversations between major banks might have advanced beyond speculation. […]