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US tourist drugged by fake Uber driver and robbed of $123K BTC โ€” Report

An American tourist in the United Kingdom was reportedly drugged by an individual posing as a taxi driver, who stole the tourist's $123,000 in Bitcoin stored on a cell phone. According to a report from My London, Jacob Irwin-Cline went out to a London bar and had several drinks before calling an Uber to take him home.Cline said that he did not thoroughly check the details of the Uber ride on his phone and left with a...

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

Senators plan to amend GENIUS Act to address Trump family's stablecoin

Though a majority of members of the US Senate voted to advance a bill to regulate payment stablecoins on May 20, high-ranking Democrats are planning to propose an amendment to the legislation to address President Donald Trumpโ€™s connections to the cryptocurrency industry.According to a May 22 Axios report, Senate Minority Leader Chuck Schumer and Senators Elizabeth Warren and Jeff Merkley will file an amendment to the...

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

Memecoin Moo Deng, MEW Surges After Robinhood Listing

Both tokens jumped on the news, adding to their already large gains this month.

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

Active DeFi loans hit all-time high at $23.7B as TVL nears pre-tariff levels

Active loans across decentralized lending applications climbed to a record $23.723 billion on May 21, based on Token Terminal data. Meanwhile, the DeFi ecosystemโ€™s total value locked (TVL) sits 6.4% below the level recorded on Jan. 31, the day before President Donald Trump formalized his proposed import tariffs. The surge in outstanding loans extends an [โ€ฆ] The post Active DeFi loans hit all-time high at $23.7B as TVL...

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

XRP price fails to respond to two extremely bullish developments โ€” Here is why

Key takeaways:The SECโ€™s decision on a spot XRP ETF could ignite a significant rally.The current $2.2 billion in XRP futures hints at growing institutional investor demand.The two most bullish events ever imagined by XRP (XRP) advocates happened in 2025, but XRP continues to underperform the cryptocurrency market. On March 6, XRP was listed as a candidate for the United States' โ€œDigital Asset Reserve,โ€ and Ripple Labs...

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

'Orgy of Corruption': Senators Slam Trump Crypto Dinner, Demand Info on Attendees

Democrats are increasingly zeroing in on the presidentโ€™s private crypto dealings as a means to critique his second term.

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

UK Court of Appeals dismisses BSV lawsuit against Binance, others over 2019 delisting

The UK Court of Appeals dismissed a high-profile challenge by BSV Claims Ltd, which sought up to 9 billion in damages from Binance and other exchanges over the 2019 delisting of Bitcoin Satoshi Vision (BSV). BSV Claims, acting on behalf of around 243,000 BSV holders, alleged that coordinated delisting actions by Binance, Kraken, and ShapeShift, [โ€ฆ] The post UK Court of Appeals dismisses BSV lawsuit against Binance,...

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

Bitcoin Options Open Interest Spikes to Record High as Traders Target $116K

An influx of participation in the Bitcoin options market rivaled levels seen in late November.

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

Anthropic's Claude 4 Arrives, Obliterating AI Rivalsโ€”And Budgets Too

Anthropic's latest Claude models promise coding marathons and superior reasoning. But you'll pay premium rates for the privilege.

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

Sui validators freeze majority of stolen funds in $220M Cetus hack

Cetus, a decentralized crypto exchange (DEX) built atop the Sui blockchain network, said $162 million of over $220 million stolen in a May 22 hack has been frozen.According to the Cetus team, the DEX is working with the Sui Foundation and other entities within the ecosystem to recover the remainder of the funds. The Sui Foundation also confirmed:"A large number of validators identified the addresses with the stolen...

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

Volatility Shares debuts first 1x XRP futures ETF for US investors

Volatility Shares began trading the first US-based exchange-traded funds (ETFs) linked to XRP futures on May 22, according to an official announcement. The funds, XRPI and XRPT, track XRP futures contracts and are listed on Nasdaq. XRPI offers one-to-one exposure to XRPโ€™s daily performance, while XRPT aims to deliver double the digital assetโ€™s daily movement, [โ€ฆ] The post Volatility Shares debuts first 1x XRP futures...

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

OpenAI plans to ship 100 million pocket-sized AI devices for everyday use

OpenAI is planning to develop AI โ€œcompanionโ€ devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside laptops and smartphones.In an interview with The Wall Street Journal, OpenAI CEO Sam Altman said he and designer Jony Ive are developing these secret devices for mass consumption, with plans to ship 100 million units...

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

Solana price fractal targets rally to $260, but one thing must happen first โ€” Analysts

Key takeaways:Solanaโ€™s bull flag pattern projects a rally to $260, but low spot buy volumes have analysts advising caution.After briefly dropping to $160 from $184, Solana (SOL) is attempting to reclaim a position above its key resistance at $180 for a second consecutive week. With Bitcoin (BTC) hitting an all-time high, market speculators are banking on eventual capital rotation, which could pump major altcoins like...

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

Hours Before Trump Crypto Dinner, Democrats Push Another Bill to Stop Presidentโ€™s Digital Asset Dealings

Rep. Maxine Watersโ€™ โ€œStop TRUMP in Crypto Actโ€ would prevent the president and his immediate family from profiting off crypto ventures while he serves in office.

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

'Major Wake-Up Call': How $400M Coinbase Breach Exposes Crypto's Dark Side

Coinbase said 69,461 customers were initially impacted by the breach, but fears remain over the threat of real-world robberies.

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

Centrifuge Expands Tokenized RWAs to Solana, Starting With $400M Treasury Fund

Solana is gaining momentum in the fast-growing tokenized real-world asset space as traditional finance and DeFi gets increasingly intertwined.

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

XRP Ledger sharpens competitive edge with fresh stablecoin additions of EURร˜P, USDB, and XSGD

The XRP Ledger (XRPL) added three stablecoins, EURร˜P, USDB, and XSGD, to its ecosystem this week. According to the announcements, each of the tokens is backed by fiat currencies and will reinforce XRPLโ€™s role in the fast-evolving global stablecoin market. Notably, XRPL is fast becoming a top choice for stablecoin issuers and institutional players due [โ€ฆ] The post XRP Ledger sharpens competitive edge with fresh...

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

Kraken to offer tokenized US stocks to non-US clients

Crypto exchange Kraken is planning to offer non-US customers the option of trading tokenized US stocks, part of the companyโ€™s push to offer more traditional assets via tokenization.The products will be offered through Backed, a new Kraken partner, according to a statement shared with Cointelegraph. Tokens representing the stocks will be stored on the Solana blockchain due to its โ€œunmatched performance, low latency and...

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

Democrats Threaten Lawsuits, Join Protests Ahead of Trump Memecoin Dinner

Democratic lawmakers went through a flurry of actions to highlight concerns that Donald Trump's memecoin dinner is "corrupt."

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

Kraken to launch 24/7 trading for tokenized US stocks via Solana

Kraken is preparing to roll out a new product that will allow users in select countries outside the US to trade tokenized versions of major American stocks and ETFs 24/7. According to the May 22 announcement, the offering will include names such as Apple, Tesla, and Nvidia, with plans to expand the selection over time. [โ€ฆ] The post Kraken to launch 24/7 trading for tokenized US stocks via Solana appeared first on...

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

US lawmaker introduces anti-corruption bill ahead of Trump's dinner

California Representative Maxine Waters, ranking member of the US House Financial Services Committee, has announced plans to introduce legislation โ€œto block [Donald] Trumpโ€™s memecoin and stop his crypto corruption.โ€In a May 22 notice, Waters said the Stop Trading, Retention, and Unfair Market Payoffs (TRUMP) in Crypto Act of 2025 bill would be aimed at blocking the US president, vice president, members of Congress and...

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

Sui Token Starts to Recover After $223 Million Exploit on Its Biggest Decentralized Exchange

An attacker siphoned more than $200 million from Cetus on Thursday.

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

Russia Could Relocate Bitcoin Miners To Northern Regions: Report

The move to repurpose its old oil production infrastructure comes after Russia slapped a Bitcoin mining ban on regions in the south.

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

Strategy seeks to raise $2.1 billion from STRF stock offering to bolster its Bitcoin holdings

Strategy (formerly MicroStrategy) has unveiled plans to raise $2.1 billion via sales of its Series A Perpetual Strife Preferred Stock (STRF). According to the May 22 statement, the stock will be issued under an at-the-market (ATM) program. This structure allows Strategy to sell shares gradually, based on favorable market conditions like trading volume and price. [โ€ฆ] The post Strategy seeks to raise $2.1 billion from...

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

Major TradFi Institutions to Pursue Tokenization Efforts on Solana

Tokenization is one of the principal use cases of blockchain technology attracting the attention and investment of the TradFi world

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

BTC price eyes $112K as risk assets 'ignore bad news' on unemployment

Key points:Mixed results for US jobless claims fail to dent risk-asset enthusiasm.Despite concerns over the bond market, Bitcoin and stocks enjoy stability at the start of the Wall Street trading session.BTC price expectations remain lofty amid low volatility and a curious lack of profit-taking.Bitcoin (BTC) focused on $111,000 around the May 22 Wall Street open as record highs met mixed US unemployment data.BTC/USD...

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

Kraken to Offer Tokenized Stock Trading on Solana to Overseas Customers

The company may explore tokenized securities on other blockchains as well.

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

Justin Sun-Linked Wallet Leading Access to Trump Dinner Tagged as Belonging to HTX

Sun, a Chinese-born crypto billionaire, is also involved with the Trump-linked ecosystem through a $75 million investment in World Liberty Financial.

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

Glider is Creating a โ€˜New Paradigmโ€™ for Automated Crypto Portfolio Management

Ultimately, Gliderโ€™s goal is to lower the barrier to entry to the point where anybody can manage a crypto portfolio, founder Brian Huang said.

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

Ledger Launches Solana Branded Ledger Flex Hardware Wallets

The device launches in four phases, with early access for existing Solana SBT holders receiving up to $70 in SOL rebates.

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

Bitcoin could go much higher due to lack of FOMO and futures market euphoria โ€” Analysts

Key takeaways:Bitcoinโ€™s rally to new price highs happened as funding rates and trading sentiment remained unusually subdued.Rising stablecoin supply and global M2 growth indicate untapped liquidity and the potential for further price increases.Long-term holders are not aggressively selling, reflecting their expectation for continued Bitcoin price appreciation.Bitcoin (BTC) hit a new all-time high on May 21, with prices...

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

Carmaker DeLorean tokenizes EV reservations on Sui

DeLorean launched an onchain reservation system and non-fungible token (NFT) marketplace for its upcoming electric vehicle launch, introducing a new blockchain-based approach for reserving and reselling cars.According to DeLorean, its Build Slot NFT collection grants holders priority access to purchase DeLoreanโ€™s upcoming electric car, Alpha 5 EV. The model is the carmakerโ€™s first vehicle in over 40 years, inspired by...

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

Kraken To List Tokenized Version of Nvidia, Apple, Tesla Shares

The tokens will be deployed on Solana and backed by real securities held by Krakenโ€™s partner, Backed Finance.

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

First U.S. XRP Futures ETF Begins Trading on Nasdaq

The fund will invest at least 80% of its assets in XRP futures contracts and shares of other XRP-linked exchange-traded products.

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

BTC hits ATH, InfoFi battle begins, Texas passes BTC bill

BTC hits ATH, InfoFi battle begins, Texas passes BTC bill FOMO HOUR EP363 BTC hits new ATH of $111k. BTC on track for first golden cross since Oct. Funding rates on majors remain very low. BTC OI on Deribit at record $42.5b. Hyperliquid whale increases BTC position to $1.1bn. Miners appeared dumped BTC right before ATH. HYPE leads rally in L1s, nears ATH. Cetus on SUI faces exploit. IBIT now top 5 in YTD inflows across...

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