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Paraguay law enforcement thwarts crypto miner heist, deports arrested suspects
Authorities in Paraguay deported three individuals and arrested another in connection with a May 15 attempted robbery at a crypto mining operation in Coronel Bogado, a town and district in Paraguay. According to statements by prosecutor Irene Rolón made during a May 15 interview on local news outlet Monumental TV, the group allegedly targeted computer […]
France ramps up efforts to tackle rising crypto kidnappings after failed attempt goes viral
France is deploying new security measures to protect crypto entrepreneurs after a rash of violent kidnapping attempts raised alarm across the country’s tech sector and ignited political pressure on Interior Minister Bruno Retailleau, AP News reported on May 16. The ministry confirmed that Retailleau met privately with crypto founders to discuss personal safety. According to […]
Panama City mayor hints at Bitcoin reserve following meeting with El Salvador advisors
Panama City Mayor Mayer Mizrachi stirred speculation about a possible Bitcoin reserve after a cryptic post on his official X account on May 16. In the post, Mizrachi wrote: "Bitcoin reserve." The cryptic post followed his meeting with Max Keiser and Stacy Herbert, two of the key architects behind El Salvador's Bitcoin policy. Keiser currently […]
Fidelity macro director recommends 4:1 Gold, Bitcoin store of value holdings
Fidelity Director of Global Macro Jurrien Timmer today highlighted that Bitcoin reclaiming the $100,000 level this week coincides with a convergence of its 52-week Sharpe ratio with gold. Timmer said, After a strong run by gold, perhaps the baton is being passed again to Bitcoin, with Bitcoin back above $100k and the two Sharpe Ratios […]
Over 26,000 Ethereum wallets integrate Pectra upgrade features driving smart wallet adoption
Ethereum's recent Pectra upgrade is sparking a surge in smart account usage, redefining how users interact with the network. Data compiled by Base analyst 0xKofi from Bundle Bear shows that more than 26,000 wallets have transitioned to the new smart account format powered by the EIP-7702 in the Pectra upgrade. What are smart accounts? EIP-7702 […]
Revised GENIUS stablecoin bill heads to senate, bars Big Tech from issuing tokens
The US Senate is preparing to vote next week on a revised version of the GENIUS Act, a stablecoin-focused bill that has been updated to address concerns raised by Democratic lawmakers. Last week, the bill stalled after several Democratic lawmakers withdrew support, citing gaps in anti-money laundering provisions, weak oversight for foreign stablecoin issuers, and […]
Poof is Solana’s new magic trick for no-code prompt-based blockchain development
Imagine writing a sentence and getting a live blockchain app in return – no code, no setup, no wallet drama. That’s the promise of Poof, a new open beta built on Solana that turns simple prompts into fully functioning on-chain applications in minutes. Aimed at breaking down the barriers to Web3 development, Poof leverages AI […]
Sora Ventures joins NASDAQ through strategic merger with Top Win, rebrands to AsiaStrategy
This Friday, Sora Ventures will enter the public markets through a strategic partnership with Top Win International Limited (NASDAQ: TOPW), a Hong Kong-based luxury watch distributor transitioning into the digital assets sector. Rather than launching an independent IPO, Sora will embed itself into TopWin’s publicly traded structure. Founder Jason Fang will assume the role of […]
Chainlink praises SEC’s guidelines, setting stage for crypto integration in institutional finance
The US Securities and Exchange Commission (SEC) has issued fresh guidance that could facilitate broader institutional use of digital assets. In a May 15 updated FAQ, the agency addressed how existing securities laws apply to broker-dealers and transfer agents involved in crypto services. Commenting on the development, SEC Commissioner Hester Peirce noted that the guidance […]
Over 40% WLFI’s USD1 airdrop approval vote concentrated to 5 wallet addresses
The Trump family's World Liberty Financial (WLFI) has approved a community proposal to airdrop its USD1 stablecoin to eligible token holders, according to a May 15 statement. The governance vote, which ran from May 6 to May 13, received near-unanimous support, with 99.96% of participants backing the initiative. In total, around 7 billion tokens were […]
BNB Chain DEX Volume Hits 3-Month High: Beats Ethereum, Lags Solana
BNB Chain has surged to its highest daily decentralized exchange (DEX) volume in three months, hitting $3.22 billion in trades on May 14, according to DefiLlama data. This spike marks a notable resurgence in on-chain activity for the Binance-backed blockchain, hinting at renewed market interest amid broader ecosystem developments and strategic protocol upgrades. A Resurgence […]
DOJ to press on with criminal charges against Tornado Cash developer Roman Storm
The US Department of Justice does not intend to drop its federal criminal charges against Tornado Cash developer and co-founder Roman Storm, Decrypt reported on May 15, citing sources within the DOJ. The DOJ’s decision to proceed comes despite an internal memo circulated last month signaling a potential shift in how the agency handles cases […]
Abu Dhabi sovereign wealth fund Mubadala expands Bitcoin exposure via IBIT while Wisconsin fund exits crypto ETF
Abu Dhabi sovereign wealth fund Mubadala raised its exposure to Bitcoin (BTC) during the first quarter, purchasing 491,000 shares of BlackRock's iShares Bitcoin Trust (IBIT), according to its latest Form 13-F filing. Mubadala held 8,726,972 shares of IBIT as of March 31, up 6% from the previous quarter and worth approximately $408.5 million at the […]
Institutions double down on stablecoins as trust reaches all-time highs – Fireblocks
Institutional adoption of stablecoins has reached an all-time high, supported by technical readiness, declining regulatory friction, and intensifying demand for faster, cross-border settlement infrastructure. According to a recent report from Fireblocks, 86% of surveyed firms say they now have the partnerships and systems in place to support stablecoin integration, signaling a decisive shift from pilot […]
FTX creditors poised to receive $5B by May 30 in latest distribution round
FTX Recovery Trust will begin distributing over $5 billion to creditors on May 30 as part of the company’s Chapter 11 Plan of Reorganization, according to a May 15 statement issued by the Trust. Holders of allowed claims in both Convenience and Non-Convenience Classes who have completed the required pre-distribution steps will receive the funds. […]
Coinbase confirms Biden-era SEC probe over ‘verified users’ is still ongoing
The US Securities and Exchange Commission (SEC) is investigating Coinbase to determine whether it misrepresented the number of users on its platform. Coinbase confirmed the news on May 15 after a New York Times article revealed the probe and reported that it had been ongoing since the Biden administration. The report, combined with the exchange […]
Court denies SEC, Ripple settlement motion after finding procedural misstep
US District Judge Analisa Torres denied a joint motion filed by the Securities and Exchange Commission (SEC) and Ripple for a proposed settlement to resolve the ongoing enforcement action over the sale of XRP. Issued on May 15 and shared on X by lawyer James Filan, the denial does not terminate the parties' settlement efforts […]
Solana network activity surge and ‘megaphone’ chart pattern set $210 SOL price target
Key Takeaways: Solana formed a megaphone chart pattern with a potential $210 price target. Solana’s ecosystem growth highlights renewed investor interest with a $4 billion realized cap increase and 731 million transactions. Solana (SOL) price tested its key resistance at $180 earlier this week, but the altcoin failed to establish a position above the level. […]
Pavel Durov calls WhatsApp 'cheap copycat,' launches $50K contest to showcase Telegram's superiority
Telegram’s founder Pavel Durov has taken direct aim at Meta-owned WhatsApp, calling it a “cheap copycat” and accusing it of launching smear campaigns against his platform. His May 15 comments accompanied the announcement of a new $50,000 contest to showcase Telegram’s features. The competition will run until May 26. ‘Watered-down’ Durov said the contest will showcase […]
UBS reveals wealthy investors increasing crypto allocations to 5%, echoing Bitwise
Swiss lender UBS, which manages over $1 trillion in assets, said wealthy clients have begun allocating up to 5% of their portfolios to crypto as a way to hedge against inflation and currency volatility. According to the Swiss bank’s 2025 Global Investment Returns Yearbook, affluent investors are diversifying beyond traditional assets by investing in Bitcoin […]