Get ahead of the curve with the latest insights, trends, and analysis in the tech world.
Your day-ahead look for May 20, 2025
Published on: May 20, 2025 | Source:Binance has filed a motion to dismiss a $1.76 billion lawsuit brought by the FTX estate, accusing the defunct crypto exchange of trying to deflect blame for its own failure.Filed on May 16 in the Delaware Bankruptcy Court, Binanceโs legal team called the suit โlegally deficient,โ stating that FTXโs collapse was not triggered by market manipulation or hostile action but by internal misconduct.โPlaintiffs are pretending...
Published on: May 20, 2025 | Source:Bitcoin ETFs saw their best day of trading since the start of May, with Fidelity and Ark's funds accounting for more than half of inflows.
Published on: May 20, 2025 | Source:Bitcoin developer Ben Allen has received a $100,000 grant from investment firm Maelstrom to support the development of Payjoin, a privacy-focused tool aimed at improving Bitcoinโs scalability and privacy.According to a May 20 announcement shared with Cointelegraph, Maelstrom will finance Allenโs work on his Payjoin devkit alongside Dan Gould. The system allows Bitcoin (BTC) senders and receivers to use batched...
Published on: May 20, 2025 | Source:Key takeaways:Bitcoin is nearing a golden cross that has led to 45%โ60% price rallies in the recent past.Fundamentals like rising M2 supply and easing trade tensions support a bullish outlook.Bearish divergence and overbought conditions show thereโs still a risk of BTC falling below $100,000.Bitcoin (BTC) will likely confirm a โgolden crossโ on its daily chart by the end of May, a technical pattern whose occurrences in...
Published on: May 20, 2025 | Source:SOL shows strong momentum with institutional buying signals despite brief correction.
Published on: May 20, 2025 | Source:The stablecoin issuer took part in informal talks over a potential sale from which it was seeking at least $5 billion.
Published on: May 20, 2025 | Source:A recent data breach at crypto exchange Coinbase has raised concerns about user safety after hackers gained access to sensitive information, including home addresses.Coinbase, the worldโs third-largest cryptocurrency exchange, confirmed that less than 1% of its transacting monthly users were affected in an attack that may cost the exchange up to $400 million in reimbursement expenses, Cointelegraph reported on May...
Published on: May 20, 2025 | Source:A presale for the Floki Minibot M1 AI robot, made by Rice Robotics, starts May 23, the same day TokenFiโs real-world asset tokenization module goes live.
Published on: May 20, 2025 | Source:The popular meme token shows remarkable resilience despite 80% of holders underwater on their investments.
Published on: May 20, 2025 | Source:Institutional interest grows as AAVE establishes new support levels amid broader crypto market strength.
Published on: May 20, 2025 | Source:Investor confidence rises as bitcoin holds above $100,000 and basis trade yields approach 9%, drawing strong institutional interest.
Published on: May 20, 2025 | Source:The $330 million attack: A stark reminder of social engineeringโs power A major crypto theft has sent shockwaves through the industry, with $330 million worth of Bitcoin (BTC) stolen. Experts say this was a social engineering attack and not a technical hack.Investigations led by blockchain analyst ZachXBT suggest the victim was an elderly US citizen who was manipulated into granting access to their crypto wallet. On...
Published on: May 20, 2025 | Source:Update May 20, 11:20 am UTC: This article has been updated with comments from DCG.Genesis has launched a pair of lawsuits against its parent company, Digital Currency Group (DCG), and its CEO, Barry Silbert, accusing them of fraud, reckless mismanagement and siphoning more than a billion dollars in value from the now-bankrupt crypto lender.On May 19, the Delaware Court of Chancery unsealed a complaint detailing how DCG...
Published on: May 20, 2025 | Source:Key points:Bitcoin is not in line to cancel its attack on all-time highs, says the Bitcoin Fundamental Index (BFI).BTC price strength remains โintact,โ says Swissblock Technologies, removing the risk of a double top.Historically, a return to within 10% of all-time highs delivers price discovery almost every time.Bitcoin (BTC) does not risk a โdouble topโ bull market reversal with its trip past $107,000, new analysis...
Published on: May 20, 2025 | Source:Binance called FTX suit legally baseless, blaming collapse on "one of the most massive corporate frauds in history."
Published on: May 20, 2025 | Source:Hwang was cut from her TV show and dropped by brands after admitting to using $3 million in company funds to invest in crypto.
Published on: May 20, 2025 | Source:Shares in the Indonesian fintech firm DigiAsia Corp nearly doubled after the company said it plans to raise $100 million to seed its first of many Bitcoin buys. The Jakarta-based Nasdaq-listed company said on May 19 that its board of directors approved creating a Bitcoin (BTC) โtreasury reserveโ and it was โcommitting up to 50% of any net profits generated to fund the acquisition of BTC.โDigiAsia said it was also โ...
Published on: May 20, 2025 | Source:The U.S. actors' union has filed a complaint against Epicโs Llama Productions, alleging it used AI to replace voice actors without consent.
Published on: May 20, 2025 | Source:Genesis is suing DCG and CEO Barry Silbert to recover over $3.1 billion, alleging fraud, self-dealing, and improper asset transfers.
Published on: May 20, 2025 | Source:The New law makes non-consensual intimate images and deepfake porn a federal crime, requiring tech companies to take down images when asked.
Published on: May 20, 2025 | Source:The GENIUS Act passed a cloture vote Monday evening less than two weeks after failing one. It will now head to a full floor vote.
Published on: May 20, 2025 | Source:AI filmmaking lands in Spain with "The Great Reset" as actors elsewhere worry about being replaced by pixels.
Published on: May 20, 2025 | Source:XRP futures contracts began trading on CME Groupโs derivatives platform on May 19, surpassing $15,6 million in trading volume as of 9:20 P.M. UTC across standard and micro contract offerings. According to CME data, 120 standard XRP contracts traded at an average price of $2.3965, representing approximately $14.3 million in notional volume. Each contract equates [โฆ] The post CME XRP futures debut hits $15M in daily...
Published on: May 20, 2025 | Source:A new chapter in AI manipulation: Chatbots armed with basic personal data outperform humans at changing minds.
Published on: May 19, 2025 | Source:Key takeaways:Bitcoinโs Sharpe ratio converges with goldโs, indicating similar risk-adjusted returns, supporting its store-of-value role.Gold outperformed Bitcoin in Q1 2025 with a 30.33% price gain versus Bitcoinโs 3.84%, driven by economic uncertainty.Bitcoin ETF inflows are recovering, and analysts predict BTC could reach $110,000โ$444,000 in 2025.Bitcoinโs (BTC) price is holding above $100,000, leading Fidelity...
Published on: May 19, 2025 | Source:The US Securities and Exchange Commission (SEC) extended its review of two high-profile proposals for spot Solana (SOL) exchange-traded funds, signaling further delays in the approval process for crypto-linked investment products. The agency said it would begin a new round of proceedings to assess whether the ETF proposals from asset managers Bitwise and 21Shares comply [โฆ] The post SEC delays decision on Bitwise,...
Published on: May 19, 2025 | Source:Bitcoin developers and die-hards alike are debating a proposed change that would change Bitcoin's base unitโand impact how BTC is perceived.
Published on: May 19, 2025 | Source:May 19, 2025 โ Geneva, Switzerland โ TRON DAO announced today that the total circulating supply of Tether (USDT) on the TRON blockchain has surpassed $75 billion, once again making TRON the leading network for USDT. As the most widely adopted stablecoin, Tether represents more than 63 percent of the global market share with over [โฆ] The post Tether on TRON Surpasses $75 Billion, Tops All Stablecoin Activities appeared...
Published on: May 19, 2025 | Source:The US Department of Justice (DOJ) is investigating how attackers infiltrated Coinbase in their recent customer data breach incident, Bloomberg News reported on May 19, citing a person familiar with the matter. Coinbase chief legal officer Paul Grewal confirmed the company is cooperating with federal law enforcement and intends to pursue legal action against those [โฆ] The post DOJ launches probe into Coinbaseโs...
Published on: May 19, 2025 | Source:Coinbase confirmed Monday that it is working with the U.S. Department of Justice following a recent hack for customer data.
Published on: May 19, 2025 | Source:The Commission pushed back its deadline on proposals from 21Shares, Bitwise, VanEck and Canary Capital.
Published on: May 19, 2025 | Source:Key takeaways: Bitcoin onchain and technical data suggest new all-time highs are imminent.Glassnode data shows most Bitcoin wallet cohorts accumulating BTC. A daily timeframe bearish divergence signals fading momentum, raising doubt on BTCโs ability to rally into the $120,000 to $130,000 range.Bitcoin (BTC) price rallied back above $105,000 during the US market trading session, after forming a double bottom pattern in...
Published on: May 19, 2025 | Source:On May 22, US President Donald Trump is expected to host up to 220 people who had purchased the most significant quantities of his memecoin at a private event in Washington, DC.Though the exact number of attendees was unknown as of May 19, reports and blockchain data have revealed some of the tokenholders who qualified to apply for the May 22 dinner and โVIP tourโ and reception, presumed to be in the White House....
Published on: May 19, 2025 | Source:Circle, the issuer of stablecoin USDC (USDC), is still planning an initial public offering (IPO), but the company is also in informal talks with Ripple and Coinbase about a sale, according to a report from Fortune.Circle is seeking at least $5 billion, which is its target for the IPO, according to the four banking and private equity sources Fortune cited. Ripple tried to purchase Circle on April 30, but the $4 billion...
Published on: May 19, 2025 | Source: