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Bitcoiners fire back at Aussie senator's 'you can't eat Bitcoin' remark

Australian Senator Gerard Rennick has drawn criticism from the Bitcoin community following his remarks referring to Bitcoin as a Ponzi scheme and questioning the asset’s value because it can’t be eaten.“You can’t eat Bitcoin,” Rennick said in a May 23 X post, responding to an X user who questioned his stance after Bitcoin hit a new all-time high of $111,970 on May 22.Rennick says Bitcoin will go to $1 million but is a...

Published on: May 25, 2025 | Source: Cointelegraph favicon Cointelegraph

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 […] The post Former IMF chief economist believes crypto is a rising threat to the...

Published on: May 25, 2025 | Source: CryptoSlate favicon CryptoSlate

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 […] The post Trump’s controversial memecoin dinner elicited mixed responses...

Published on: May 24, 2025 | Source: CryptoSlate favicon CryptoSlate

Durov blocked from attending Oslo Freedom Forum — Human Rights Foundation

Telegram co-founder Pavel Durov will not be physically attending the Oslo Freedom Forum in Oslo, Norway, after French courts denied his request to travel to the Scandinavian country.According to an announcement from the Human Rights Foundation (HRF) — a non-profit organization that advocates for universal human rights and individual liberty, and the host of the Oslo Freedom Forum — Durov will still deliver his keynote...

Published on: May 24, 2025 | Source: Cointelegraph favicon Cointelegraph

Industry exec sounds alarm on Ledger phishing letter delivered by USPS

Scammers posing as Ledger, a hardware wallet manufacturer, are sending physical letters to crypto users instructing them to "validate" their wallets or risk losing access to funds, in the latest phishing attack to impact the industry.BitGo CEO Mike Belshe shared a picture of the scam letter, which featured a QR code, presumably linked to a malicious phishing site. The letter was sent through the United States Postal...

Published on: May 24, 2025 | Source: Cointelegraph favicon Cointelegraph

Swiss watchmaker Franck Muller Unveils Limited Edition Solana Watch

Swiss watchmaker Franck Muller released a 1,111-piece series tied to Solana wallets through on-watch QR codes.

Published on: May 24, 2025 | Source: CoinDesk favicon CoinDesk

A Small Food Firm Buys 21 bitcoin, Jumping on BTC Treasury Trend, Shares Fall Anyways

The firm, despite its ambitious plans to accumulate BTC, saw its shares plunge more than 12% in Friday's trading session.

Published on: May 24, 2025 | Source: CoinDesk favicon CoinDesk

Same Prompt, Different Laura: AI Responses Reveal Racial Patterning

Despite efforts to fight bias, AI still makes assumptions about ethnicity based on names alone.

Published on: May 24, 2025 | Source: Decrypt favicon Decrypt

Wall Street Gets Ethereum's 'Digital Oil', Says Etherealize Co-Founder Vivek Raman

Although the phrase is palatable for crypto newbies, there are elements of the analogy that don’t cleanly map onto Ethereum’s qualities.

Published on: May 24, 2025 | Source: Decrypt favicon Decrypt

Dogecoin Slides Below $0.23 but Finds Support as Buyer Demand Rebuilds

Dogecoin slid 6% amid bearish pressure but held support near $0.227. High-volume buying and investor confidence suggest a potential rebound is in play.

Published on: May 24, 2025 | Source: CoinDesk favicon CoinDesk

SHIB Slides 5% but Finds Support as Loyal Holders Hold Their Ground

SHIB dropped 5% on high volume but found support near $0.00001440. With over 1.13M loyal holders and ecosystem updates ahead, long-term sentiment stays firm.

Published on: May 24, 2025 | Source: CoinDesk favicon CoinDesk

Anthropic Claude 4 Review: Creative Genius Trapped by Old Limitations

Anthropic's Claude 4 models show particular strength in coding and reasoning tasks, but lag behind in multimodality and context window size compared to Google and OpenAI offerings.

Published on: May 24, 2025 | Source: Decrypt favicon Decrypt

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 […] The post Bad tokenomics kill...

Published on: May 24, 2025 | Source: CryptoSlate favicon CryptoSlate

Wallet intelligence shapes the next crypto power shift

Opinion by: Scott Lehr, adviser to Alteri.ioIn the world of cryptocurrency, knowledge isn't just power — it's a weapon. The recent collapse of Mantra's OM token, which saw a 90% drop in value within hours, underscores how wallet intelligence can be leveraged with devastating effects.Wallet intelligence is the real-time analysis of blockchain data to extract insights from wallet behaviors, transaction patterns, and...

Published on: May 24, 2025 | Source: Cointelegraph favicon Cointelegraph

Buy a Burger With Bitcoin? Beware the Tax Risks, Experts Warn

Steak 'n Shake now accepts Bitcoin payments, but buying burgers (or anything else) with BTC comes with risks, tax experts told Decrypt.

Published on: May 24, 2025 | Source: Decrypt favicon Decrypt

Hyperliquid trader James Wynn goes ‘all-in’ on $1.25B Bitcoin Long

Well-known Hyperliquid trader James Wynn has increased his 40x leverage long Bitcoin bet to $1.25 billion after closing his $PEPE position for a $25.2 million profit.On May 24, Lookonchain reported that Wynn entered an 11,588 BTC position with an average entry price of $108,243 and a liquidation level of $105,180.The move came hours after Wynn exited his Ether (ETH) and Sui (SUI) longs at a $5.3 million loss. At the...

Published on: May 24, 2025 | Source: Cointelegraph favicon Cointelegraph

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 […] The post How to best leverage LSDFi? appeared first on CryptoSlate.

Published on: May 24, 2025 | Source: CryptoSlate favicon CryptoSlate

Trump’s use of presidential seal at memecoin event raises legal questions

President Donald Trump is facing scrutiny after speaking at a private event for top investors in his $TRUMP memecoin while standing behind a lectern emblazoned with the official presidential seal — a move that may violate federal law.The event took place Thursday at Trump National Golf Club in Virginia, where Trump addressed 220 investors in his cryptocurrency project.According to US law, the presidential seal cannot...

Published on: May 24, 2025 | Source: Cointelegraph favicon Cointelegraph

Judge overturns fraud convictions in Mango Markets exploit case

A US federal judge has vacated key fraud and manipulation convictions against Avraham Eisenberg, the trader at the center of the case involving a $110 million exploit of the decentralized exchange Mango Markets.On Friday, US District Judge Arun Subramanian ruled that the evidence presented at trial failed to support the jury’s conclusion that Eisenberg made materially false representations to Mango Markets.The decision...

Published on: May 24, 2025 | Source: Cointelegraph favicon Cointelegraph

Dogecoin, Cardano’s ADA, XRP Fall 7% in Weekend Bloodbath

Market capitalization slumped 5% as traders took profits on the week-long rally ahead of the weekend.

Published on: May 24, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin ETFs post $2.75B in weekly inflows as price sits above $108K

US-based spot Bitcoin exchange-traded-funds (ETFs) have recorded a total of $2.75 billion in inflows this week amid Bitcoin surpassing its January all-time high of $109,000.The $2.75 billion in inflows is approximately 4.5 times larger than the previous week’s $608 million, according to Farside data.BlackRock Bitcoin ETF continues inflow streakOn May 23, the final day of the trading week, spot Bitcoin (BTC) ETFs...

Published on: May 24, 2025 | Source: Cointelegraph favicon Cointelegraph

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 […] The post BlackRock’s IBIT leads all US ETF...

Published on: May 23, 2025 | Source: CryptoSlate favicon CryptoSlate

Onchain privacy is a necessity in the age of AI — Shielded CEO

Blockchain privacy tools such as zero-knowledge (ZK) proofs will become increasingly necessary to protect online user data in the age of artificial intelligence, according to Eran Barak, CEO of Shielded Technologies, the developer behind the Midnight privacy chain.In an interview with Cointelegraph at Consensus 2025, Barak said corporate service providers and centralized servers are expected to become honeypots for...

Published on: May 23, 2025 | Source: Cointelegraph favicon Cointelegraph

WalletConnect Token Lands on Solana With WCT Airdrop

The integration "marks the beginning of a multichain journey," said the multi-chain protocol—with more in the pipeline.

Published on: May 23, 2025 | Source: Decrypt favicon Decrypt

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 […] The...

Published on: May 23, 2025 | Source: CryptoSlate favicon CryptoSlate

Texas governor signals support for Bitcoin reserve bill

Texas Governor Greg Abbott has signaled support for a bill recently passed by the state House of Representatives that would establish a strategic cryptocurrency reserve.In a May 22 X post, Abbott posted a Techstory article about Texas state lawmakers’ efforts to create a Bitcoin (BTC) reserve. The story pointed out that the decision for the passage of SB 21, the bill in question, now rests on Abbott’s shoulders,...

Published on: May 23, 2025 | Source: Cointelegraph favicon Cointelegraph

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% […] The post...

Published on: May 23, 2025 | Source: CryptoSlate favicon CryptoSlate

Public Keys: Coinbase Hack Fallout, MSTR Legal Strife and Stable-Curious Wall Street

Coinbase released worrying details about its data breach, Strategy caught a class action lawsuit, and three banks are considering a stablecoin.

Published on: May 23, 2025 | Source: Decrypt favicon Decrypt

Bitcoin and Ethereum ETFs Add More Than $1 Billion Combined in a Single Day

Both Bitcoin and Ethereum exchange-traded funds this week brought in huge amounts of cash as investors rapidly buy up crypto assets.

Published on: May 23, 2025 | Source: Decrypt favicon Decrypt

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 […] The post Bitcoin balance sheet adoption could hit 20% of BTC...

Published on: May 23, 2025 | Source: CryptoSlate favicon CryptoSlate

Crypto Biz: From shorting the Venezuelan Bolivar to shorting the US dollar

When Venezuela was experiencing hyperinflation, Ledn co-founder Mauricio di Bartolomeo hedged against the collapsing local currency by shorting it in favor of the more stable US dollar. Today, he’s using a similar strategy — this time borrowing against his Bitcoin (BTC) to hedge against the crumbling US dollar.Di Bartolomeo connected with me during Canada Crypto Week in Toronto, where he talked about the advantages of...

Published on: May 23, 2025 | Source: Cointelegraph favicon Cointelegraph

US House members call for investigation into Trump's memecoin dinner

Members of the US House of Representatives called for the Justice Department to investigate Donald Trump’s May 22 dinner for his top memecoin investors, citing concerns about “foreign influence over US policy decisions” and “potential corruption and emoluments clause violations.”In a May 22 letter to the Justice Department, 35 House members asked the public integrity section acting chief, Edward Sullivan, to launch an...

Published on: May 23, 2025 | Source: Cointelegraph favicon Cointelegraph

Most Trump Crypto Dinner VIPs Have Moved or Dumped Their Coins

A majority of the top Trump meme coin holders earned their spots at Thursday's crypto dinner and then sold or transferred their coins, data shows.

Published on: May 23, 2025 | Source: Decrypt favicon Decrypt

Danny Ryan and Vivek Raman on Why Ethereum Is Winning Wall Street's Tokenization Race

Etherealize co-founders Vivek Raman and Danny Ryan join Decrypt reporter André Beganski to offer a vision of Ethereum's future. Diving deep into tokenization, institutional adoption, and the network's evolving economics, they argue that Ethereum is poised to become the global settlement layer for Wall Street.

Published on: May 23, 2025 | Source: Decrypt favicon Decrypt

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 […] The post Pi Network token makes derivatives debut on Kraken with...

Published on: May 23, 2025 | Source: CryptoSlate favicon CryptoSlate