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Texas Moves to Adopt Bitcoin Reserve, Needs Final Sign-Off to Become Law

Texas lawmakers have approved a bill to create a state-run Bitcoin reserve, leaving one final procedural step before it can become law.

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

Hong Kong Passes Law to Regulate Fiat-Pegged Stablecoins

The new law introduces a licensing regime for stablecoin issuers as the city seeks to balance crypto innovation and investor protections.

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

Michigan Lawmakers Propose Four New Crypto-Related Bills

The new Michigan bills would permit Bitcoin pension investments, bar state CBDC support, and offer tax breaks for crypto mining at oil sites.

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

Law Enforcement Seize Domains Linked to Seed Phrase Stealing Malware LummaC2

Authorities have seized key infrastructure of a malware service used to steal crypto wallet data and other credentials from millions.

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

Enhanced Games to Debut in Las Vegas, Promises $1 Million Prizes

Allowing performance-enhancing drugs, the controversial event launches Memorial Day 2026 at Resorts World in Las Vegas.

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

Bitcoin Is Roaring and Analysts Say Altcoins Could be Next

Bitcoin’s record high has analysts eyeing a potential altcoin rallyβ€”if market conditions align and the crypto's dominance hits a key level.

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

World Foundation secures $135M via token sales to expand biometric Orb-verified IDs globally

World Assets, a subsidiary of World Foundation (formerly Worldcoin), has raised $135 million through a strategic sale of WLD tokens to venture firms Andreessen Horowitz (a16z) and Bain Capital Crypto, both early supporters of the fast-growing digital identity initiative. According to the firm, the tokens were sold at prevailing market prices, which proportionately increased the […] The post World Foundation secures...

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

SafeMoon CEO Found Guilty in US Crypto Fraud Trial

The SafeMoon CEO faces up to 45 years in prison after a jury convicted him of defrauding investors and misappropriating millions in crypto.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

BPI releases policy manifesto urging US to lead in Bitcoin infrastructure

The Bitcoin Policy Institute (BPI) released a 21-page policy framework on May 21 to position the US as a global leader in the Bitcoin (BTC) ecosystem. BPI head of policy Zack Shapiro, the author of the framework, called it his β€œBitcoin Policy Manifesto.” The document outlines a comprehensive legislative and regulatory approach that touches on […] The post BPI releases policy manifesto urging US to lead in Bitcoin...

Published on: May 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin Reenters Price Discoveryβ€”How High Will It Go?

Bitcoin set a new price record Wednesday, but analysts and industry bigwigs expect much larger gains ahead. Here are their lofty targets.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

AI Still Doesn’t Understand the Word β€˜No,’ MIT Study Finds

MIT researchers have detailed AI’s failure to grasp negation, a basic yet critical human language function that could prove dangerous.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

Trump's Memecoin Dinner Draws Crowded Cast of Democratic Protesters from Congress

While Justin Sun and other crypto names attend the president's crypto feast that Democrats labeled corrupt, one lawmaker is targeting Trump with a new bill.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

VanEck to launch Avalanche ecosystem fund

VanEck plans to launch a private digital assets fund in June targeting tokenized Web3 projects built on the Avalanche blockchain network, the asset manager said in a statement shared with Cointelegraph.The VanEck PurposeBuilt Fund, available only to accredited investors, aims to invest in liquid tokens and venture-backed projects across Web3 sectors, including gaming, financial services, payments, and artificial...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Google Doubles Down on AI: Veo 3, Imagen 4 and Gemini Diffusion Push Creative Boundaries

Tech giant Google introduced a suite of powerful generative tools while adding hefty price tags for premium access.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

US lawmaker reintroduces bill amid pushback on Trump's crypto ties

A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking crypto-related pieces of legislation due to concerns with President Donald Trump’s potential conflicts of interest.In a May 21 notice, Minnesota Representative Tom Emmer said he had reintroduced the Blockchain Regulatory Certainty Act, a bill that β€œsolidifies that digital asset...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

OpenAI ventures into hardware with $6.4B deal for legendary designer Jony Ive’s startup io

OpenAI announced on May 21 that it will acquire Jony Ive’s artificial intelligence hardware startup io in an all-equity transaction valued at approximately $6.4 billion, according to a report by CNBC. The acquisition, OpenAI’s largest to date, marks a decisive step into hardware for the company best known for its generative AI models. The deal […] The post OpenAI ventures into hardware with $6.4B deal for legendary...

Published on: May 21, 2025 | Source: CryptoSlate favicon CryptoSlate

CFTC exodus: Fourth commissioner to depart 'later this year'

Kristin Johnson of the US Commodity Futures Trading Commission (CFTC) has announced that she plans to depart the agency before 2026.In a May 21 notice, Johnson said she planned to step down from the CFTC β€œlater this year,” having completed her term, which ended in April. The commissioner filling a Democratic seat at the financial regulator had served since March 2022 after being nominated by former President Joe...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Solana Mobile reveals trustless architecture, token for Seeker device

Solana Mobile, a subsidiary of blockchain technology company Solana Labs, has revealed the next steps for its soon-to-be-shipped Seeker device and the overall ecosystem. The steps include a new, trustless architecture, a native token, and the Seeker ship date.According to the announcement, Solana Mobile will ship the device starting Aug. 4. Seeker is the company’s second-generation device, after the Saga Web3 phone...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Hyperliquid Trader's $1 Billion Bitcoin Bet Seesaws Amid Price Volatility

The position’s liquidation price was upped to $104,000.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

Sam Altman's World raises $135M from Andreessen, Bain, to expand network

World, OpenAI CEO Sam Altman’s digital identification project, raised $135 million from venture capital firms Andreessen Horowitz and Bain Capital Crypto, the company said in an announcement.The capital will be used to expand World's network of iris-scanning orbs and infrastructure in the United States, where the company said in April it would operate in six cities, and increase coverage around the globe, according to...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

GENIUS Act clears Senate motion, House lawmakers reintroduce Blockchain Certainty Act

US lawmakers advanced two blockchain-related legislative efforts on May 21, approving the GENIUS Act for debate and reintroducing the Blockchain Regulatory Certainty Act in the House. Lawmakers voted 69–31 to approve a motion to proceed on the Government and Enterprise Need for Innovation in the United States Act, or GENIUS Act, allowing formal debate and […] The post GENIUS Act clears Senate motion, House lawmakers...

Published on: May 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin price hit a new all-time high and data shows BTC bulls aren’t done yet

Key takeaways: Bitcoin’s $109,458 all-time high aligns with seven consecutive green weekly candles since April, highlighting the strength of the current bullish momentum.Analysts expect BTC to reach between $135,000 to $320,000 in 2025.BTC heatmaps show high-leverage zones that may trigger liquidations. Thus, risk management remains crucial.Bitcoin (BTC) hit a new all-time high of $109,458 on Binance on May 21, marking...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Amalgam Founder Charged With Running β€˜Sham Blockchain’, Taking $1M From Investors

Jeremy Jordan-Jones lied to investors about Amalgam’s purported partnerships with sports teams including the Golden State Warriors, according to prosecutors.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin ETFs Add $1 Billion in 2 Days Amid March to Record BTC Price

BlackRock's IBIT added nearly $600 million in assets over the period, more than the other 10 funds in the spot Bitcoin category.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

Vitalik Buterin praises real-time ZK proving milestone, but urges caution

Ethereum co-founder Vitalik Buterin acknowledged a major breakthrough in zero-knowledge (ZK) technology this week, calling recent developments in real-time proving a β€œtruly amazing” step forward. Buterin’s comments came in response to a post from developer Uma Roy, who announced that her team had achieved real-time Ethereum proving, an accomplishment many in the cryptography community had […] The post Vitalik Buterin...

Published on: May 21, 2025 | Source: CryptoSlate favicon CryptoSlate

NY Prosecutors: FinCEN Opinion on Samourai Wallet 'Irrelevant’ in Roman Storm Case

Storm’s lawyers asked the court to order prosecutors to turn over any potentially helpful evidence in their case against the developer.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin hits new highs in the absence of β€˜unhealthy’ leverage use β€” Will the rally continue?

Key takeaways:Spot Bitcoin ETF inflows and low leverage suggest the BTC rally has room to grow.US Federal Reserve liquidity and weak bond sales support a Bitcoin push beyond $110,000.Bitcoin (BTC) was unable to sustain its bullish momentum after reaching a new all-time high of $109,827 on May 21, which led traders to question whether derivatives markets mainly drove the rally. From a broad perspective, the $77 billion...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Stablecoins Are About to Hit β€˜Critical Mass’ While 2027 Seen as Pivotal Year

At Paxos' NYC event, speakers across four panels agreed that stablecoins are reshaping global finance β€” with regulation and infrastructure fast catching up.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Coinbase breach hit almost 70k users β€” Attorneys

A recent filing with Maine’s attorney general sheds new light on Coinbase’s data breach, claiming that nearly 70,000 users were impacted and that the incident went unnoticed for nearly six months.According to the filing submitted by legal firm Latham and Watkins LLP, 69,461 Coinbase users were compromised by the breach, 217 of whom are residents of the US state of Maine.The document also indicates the breach occurred...

Published on: May 21, 2025 | Source: Cointelegraph favicon Cointelegraph

Solana’s new Seeker phone ships with SKR token as economic engine

Solana Mobile revealed it will ship its Seeker smartphone with a new token called SKR, which will serve as the β€œnative token of the Solana Mobile economy,” according to a May21 announcement. The firm also confirmed that the smartphone will begin shipping on Aug. 4.Seeker is the second generation of the Saga smartphone, released in […] The post Solana’s new Seeker phone ships with SKR token as economic engine appeared...

Published on: May 21, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin Miners Sold Record Amount of BTC Ahead of May's Price Surge

With hashprice hovering near break-even levels, miners liquidated 115% of April production.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Why Solana Mobile Is Launching a Token Alongside Its New Android Phone

With the new Seeker phone set to ship in August, Solana Mobile unveiled plans for a new SKR token to fuel an open ecosystem of devices.

Published on: May 21, 2025 | Source: Decrypt favicon Decrypt

Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets

An already under pressure bond market took a further hit following a weak auction of long-term U.S. Treasury debt.

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

The Protocol: Solana To Get Major Design Overhaul

Also: New Eth Nodes Proposal, Solana Seeker Phone, World Token Sale

Published on: May 21, 2025 | Source: CoinDesk favicon CoinDesk

Coinbase under fire for massive data breach affecting nearly 69,461 users

Coinbase is facing sharp criticism and regulatory pressure after confirming a significant data breach that exposed personal information of nearly 70,000 users. According to a filing with the Maine Attorney General’s Office, the breach affected 69,461 individuals, of whom 217 were residents of Maine. The exchange also stated that the compromise affected less than 1% […] The post Coinbase under fire for massive data...

Published on: May 21, 2025 | Source: CryptoSlate favicon CryptoSlate