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What is DNS hijacking? How it took down Curve Finance’s website

Understanding the Curve Finance DNS hijacking On May 12, 2025, at 20:55 UTC, hackers hijacked the β€œ.fi” domain name system (DNS) of Curve Finance after managing to access the registrar. They began sending its users to a malicious website, attempting to drain their wallets. This was the second attack on Curve Finance’s infrastructure in a week.Users were directed to a website that was a non-functional decoy, designed...

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

Ethereum, XRP Drop as Altcoins Brace for New Trump Tariffs on EU, Apple

Bitcoin wavered after the president threatened to impose new levies. Altcoins fell further.

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

Crypto Market Sees $300M Liquidations as Trump Tariff Threats Flush Late Bulls

The leverage flush happened as crypto prices quickly dropped on renewed trade war fears, with BTC slipping 3% from near record highs.

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

Bitcoin Rally Wavers as Trump Drops 50% EU Tariff Bombshell

Analysts had been saying the latest Bitcoin rally had "less frothy momentum-chasing and stronger fundamental underpinnings.”

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

Washington moves on crypto: Stablecoin and blockchain bills signal regulatory momentum

In this week’s episode of Byte-Sized Insight, on Decentralize with Cointelegraph, we break down a pivotal moment for US crypto legislation.In a 66–32 procedural vote on May 19, the US Senate advanced the GENIUS Act, a landmark bill aimed at establishing a comprehensive regulatory framework for stablecoins. Meanwhile, across the Capitol, Representative Tom Emmer reintroduced the Blockchain Regulatory Certainty Act,...

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

CoinDesk 20 Performance Update: Index Declines 3.2% as All Assets Trade Lower

Sui (SUI) Dropped 6.8% and NEAR Protocol (NEAR) fell 5.8%, leading the index lower from Thursday.

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

Can ChatGPT-powered AI agents really trade crypto for you?

Key takeawaysChatGPT-powered AI agents automate trading tasks using natural language prompts and API integrations, improving speed and consistency.Successes occur when ChatGPT is used as a support tool, not a fully autonomous trading system.Failures happen when traders over-rely on ChatGPT without real-time data, proper risk management or manual oversight.Regulatory focus on AI in trading is increasing, with new...

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

Semler Scientific Bolsters Bitcoin Holdings with $50M Acquisition

The company acquired 455 bitcoin in its third-largest announced purchase.

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

Ledn ditches ETH, shifts to full custody model for Bitcoin loans

Digital asset lender Ledn is transitioning to fully collateralized Bitcoin lending and discontinuing support for Ethereum, in moves designed to consolidate its BTC-focused business and further safeguard client assets against credit risks.In adopting a full custody structure for Bitcoin (BTC) loans, Ledn will no longer lend out client assets to generate interest, the company disclosed on May 23. Instead, Bitcoin...

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

Crypto Lender Ledn Goes Full Bitcoin Maxi as It Seeks to Reduce Client Asset Risk

Ledn said the shift is part of its broader strategy to simplify its product and sharpen its focus around bitcoin.

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

US Bitcoin ETFs near record month after $1.5B inflows in 2 days

Spot Bitcoin exchange-traded funds (ETFs) in the United States are heading for a record-breaking month, helping push Bitcoin to new all-time highs amid rising institutional demand.The US-listed spot Bitcoin (BTC) ETFs recorded more than $1.5 billion in combined inflows over a two-day period, with $608 million on May 21 and $934 million on May 22, according to data from Sosovalue.A repeat performance of the past two...

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

Good Vibes Shattered as Trump Revives Trade War, Sending Bitcoin Tumbling Below $109K

The president Friday morning threatened an imminent 50% tariff on all EU imports as well as a 25% levy on imported Apple iPhones.

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

Genius Group resumes Bitcoin buying after US court ruling

Singapore-based artificial intelligence firm Genius Group has added more Bitcoin to its corporate treasury after being temporarily banned from doing so.In a May 22 announcement, Genius Group explained that it has resumed accumulating Bitcoin (BTC) following a favorable ruling by the US Court of Appeals. It follows Genius Group being temporarily barred from expanding its Bitcoin treasury after a US court order had...

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

CZ refutes claims in latest WSJ article on Trump-linked crypto dealings

Binance co-founder and former CEO Changpeng β€œCZ” Zhao has pushed back against a report in The Wall Street Journal, calling it a β€œhit piece” filled with inaccuracies and negative assumptions.In an X post, Zhao criticized the publication’s portrayal of his alleged involvement with World Liberty Financial, the decentralized finance project backed by a business entity affiliated with US President Donald Trump. Trump’s sons...

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

Bitcoin's new all-time high has traders asking: Is BTC price overheating at $111K?

Key takeaways:Bitcoin hit a new all-time high of $111,970 on May 22, but retraced to $110,700, with analysts noting mixed signals on market overheating.Funding rates and other metrics suggest a β€œhealthy upward phase.”Bitcoin’s (BTC) price recorded a new all-time high of $111,970 on May 22. However, BTC price retraced shortly after to trade at $110,700 at the time of writing. Despite the correction, there are mixed...

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

Melania Trump Uses AI to Narrate Her New Memoir

The U.S. First Lady’s AI voice model was created β€œunder her direction and supervision” by start-up ElevenLabs.

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

Cetus offers $6M bounty after $220M hack as Sui faces decentralization debate

Cetus is offering a $6 million white hat bounty in an effort to recover $220 million in stolen digital assets, while emergency responses from the Sui Network have raised concerns about decentralization.Sui-native decentralized exchange (DEX) Cetus was exploited for over $220 million worth of cryptocurrency on May 22. However, Cetus managed to freeze $162 million of the stolen funds shortly after.Cetus has since offered...

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

CFTC’s Plans for Crypto Perpetual Trading Puts Focus on Hyperliquid’s HYPE

HYPE is up 15% in the past 24 hours, outperforming majors, as developers said they submitted comments to the derivatives agency on using DeFi principles to create better products.

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

Major U.S. Banks Mull Jointly Launching Stablecoin: WSJ

Such a stablecoin, potentially open to other banks, aims to improve transaction speeds and efficiency while fending off competition from crypto firms.

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

DeFi near-zero onboarding costs can help 1.4B unbanked: 1inch co-founder

Decentralized finance (DeFi) platforms have a major cost advantage over traditional banks when it comes to onboarding new users, according to Anton Bukov, co-founder of decentralized exchange (DEX) aggregator 1inch.Speaking at a panel during Dutch Blockchain Week on May 22 in Amsterdam, Bukov said traditional banks spend between $100 and $300 per user to verify documents and set up accounts. Online banks, he said,...

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

Bitcoin Enters Strongest Accumulation Phase Since January as BTC Price Passes $110K

Glassnode data shows all wallet cohorts are now accumulating, with options markets pricing in potential upside beyond $200K in June.

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

Global Darknet Bust Leads to $200M in Digital Asset and Cash Seizures

A global sting, dubbed Operation RapTor, has led to the arrest of 270 suspects and the seizure of $200 million in cash and crypto.

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

Trump's Meme Coin Dinner Draws Protests Calling For End to 'Crypto Corruption'

Over 100 demonstrators assembled outside a Virginia golf club to protest Trump's gala dinner for his meme coin holders.

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

Justin Sun Defends TRUMP After Presidential Dinner, Says 'Memecoins Have Merit'

Tron's Sun sees the President fueling a new American crypto boom.

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

XRP Could Rocket to $8 as Focus Shifts to Crypto Majors After Bitcoin's Record Run: Traders

Traders are rotating into major altcoins like XRP and Solana’s SOL as bitcoin consolidates near its record highs.

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

America's Biggest Banks Consider Teaming Up to Challenge $245B Stablecoin Market: WSJ

Major U.S. banks are weighing a joint stablecoin venture as pending legislation opens the door to challenge Circle and Tether’s dominance.

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

Bitcoin supply near total profitability as institutional demand drives value flows

Bitcoin reached a new all-time high on May 22, pulling almost the entire supply into profit. Data from Checkonchain showed that 99.82 % of circulating Bitcoin sat above cost on May 21, up from 74.37% during the early April drawdown. The short-term cohort logged an even steeper swing after its supply in profit collapsed from […] The post Bitcoin supply near total profitability as institutional demand drives value flows...

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

Raoul Pal under fire for calling NFTs the β€˜best long-term store of wealth’

Raoul Pal, CEO of Real Vision and a prominent voice in macro investing, has once again stirred debate in the digital asset space, this time by declaring NFTs the β€œsingle best long-term store of wealth.” The comment, made in social media comment screenshotted by the community, followed his broader thesis that currency debasement and exponential […] The post Raoul Pal under fire for calling NFTs the β€˜best long-term store...

Published on: May 22, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin Trading Volume Soars as Price Pumps to New Heights

Bitcoin set new peaks this week while trading volume on futures and spot exchanges rose significantly, reflecting intense investor demand.

Published on: May 22, 2025 | Source: Decrypt favicon Decrypt

Ethereum's 'Ember Sword' Is the Latest in a Growing Wave of Crypto Game Shutdowns

Another high-profile crypto game is toast. This time, it's Ember Sword, which had seen huge interest during the metaverse land craze.

Published on: May 22, 2025 | Source: Decrypt favicon Decrypt

CFTC Signals Crypto Perps Could Trade in US as Commissioners Head for the Exits

The CFTC is contending with a major leadership shakeup under President Trump as it weighs potential crypto regulation ahead.

Published on: May 22, 2025 | Source: Decrypt favicon Decrypt

Solana memecoin average daily volume surges 46% in May, echoing Bitcoin’s recovery

Memecoin trading activity on Solana is tracking Bitcoin’s recovery, with the average daily trading volume rising 46% between April and May. According to Blockworks data, monthly trading volume for memecoins on Solana was $58.7 billion as of May 21, already over $1 billion higher than the volume registered in April. Additionally, memecoins accounted for 64.6% […] The post Solana memecoin average daily volume surges 46%...

Published on: May 22, 2025 | Source: CryptoSlate favicon CryptoSlate

Turnkey Announces TRON Policy Engine, Providing Support for Enterprise Payment Solutions

NEW YORK – May 22, 2025 – Turnkey, the secure, flexible, and scalable wallet infrastructure provider for digital asset operations, today announced full compatibility between its policy engine and the TRON blockchain. This integration equips fintech and payment providers with the tools needed to confidently build on TRON, the leading blockchain for stablecoin activity. Turnkey’s […] The post Turnkey Announces TRON...

Published on: May 22, 2025 | Source: CryptoSlate favicon CryptoSlate

Myriad Moves: Bitcoin Price Predictions and Eyes on Coinbase Hack Bounty Prize

Myriad's hottest prediction markets ask whether Bitcoin will eclipse $115K this weekend, along with Coinbase and box office guesses.

Published on: May 22, 2025 | Source: Decrypt favicon Decrypt