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Trump Family-Linked Firms Profited $320M on Memecoin Despite 87% Decline Since Day One

Data from Chainalysis show the creators of the TRUMP token made $320 million in fees while retail investors lost money.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

Trump Family Profited $320M on Memecoin Despite 87% Decline Since Day One

Data from Chainalysis show the creators of the TRUMP token made $320 million in fees while retail investors lost money.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

Samourai Wallet Prosecutors Say Delayed FinCEN Disclosure Wasn’t a Brady Violation

At most, the late disclosure impacts one of the two charges against Samourai Wallet’s co-founders, prosecutors said in their Friday letter to the judge.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

UK Police Arrest Three in $20M Crypto Scam Investigation

The Metropolitan Police alleges that more than $20 million in stolen funds was laundered through a set of shell companies.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Chance of Bitcoin price highs above $110K in May increasing β€” Here’s why

Key Takeaways:Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering superior risk-adjusted returns.A buyer-dominant market signals strong institutional and retail interest that could drive a supply squeeze and break new highs in May. Bitcoin (BTC) price...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Coinbase Divides Wall Street Analysts After Earnings Miss, Deribit Takeover

The crypto exchange's broadening product suite and dominant U.S. market position set it up well for the long term, many analysts said.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

How to Claim Your $20 From Apple's $95 Million Siri Privacy Settlement

You might be eligible to get $20 per Apple deviceβ€”up to $100 per householdβ€”because Siri allegedly listened more than she should have.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Crypto Liquidations Top $1.1 Billion as Bitcoin, Ethereum and Solana Prices Spike

Some $777 million worth of shorts have been smashed in the last day, with Ethereum doing the most damage as it rises alongside Bitcoin.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Ethereum NFT Project Doodles Launches DOOD Solana Token Airdrop

A few months after swapping CEOs in a move to ditch "extractive corpo" initiatives, Doodles has dropped its DOOD token on Solana.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Gemini secures license to expand EU crypto derivatives offerings

US-based Gemini has received a Markets in Financial Instruments Directive (MiFID) II license from the Malta Financial Services Authority (MFSA), according to a May 9 statement shared with CryptoSlate. This allows the exchange to offer regulated crypto derivatives across the European Union (EU) and European Economic Area (EEA). With the license, the exchange can begin […] The post Gemini secures license to expand EU...

Published on: May 09, 2025 | Source: CryptoSlate favicon CryptoSlate

AI's GPU obsession blinds us to a cheaper, smarter solution

Opinion by: Naman Kabra, co-founder and CEO of NodeOps NetworkGraphics Processing Units (GPUs) have become the default hardware for many AI workloads, especially when training large models. That thinking is everywhere. While it makes sense in some contexts, it's also created a blind spot that's holding us back.GPUs have earned their reputation. They're incredible at crunching massive numbers in parallel, which makes...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Is Bitcoin about to go parabolic? BTC price targets include $160K next

Key points:Bitcoin continues to attack a key resistance zone below all-time highs.β€œParabolic” BTC price talk begins to resurface as bulls hold six figures after the Wall Street open.Signs of profit-taking are increasing amid the highest prices since January.Bitcoin (BTC) is attracting β€œparabolic” price targets as bulls continue to hold six figures on May 9.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBTC...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Gemini Secures MiFID II License From Malta to Offer Derivatives in EEA

The license awarded by the Malta Financial Services Authority (MFSA) will enable the company to offer perpetual futures and other derivatives across Europe.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

Rumble non-custodial Bitcoin wallet to launch in Q3 in challenge to Coinbase

Rumble, the video-sharing platform known for backing alternative media voices, is developing a crypto wallet that could launch by the third quarter of this year. On May 9, Rumble CEO Chris Pavlovski said the wallet will serve as a non-custodial tool tailored for creators. He emphasized the company’s ambition to become a central player in […] The post Rumble non-custodial Bitcoin wallet to launch in Q3 in challenge to...

Published on: May 09, 2025 | Source: CryptoSlate favicon CryptoSlate

Bettors Lose Millions Predicting the New Pope as Polymarket Edge Fizzles Out

The event throws into question the perceived heightened accuracy of betting markets like Poymarket over conventional polls.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

Institutional investors continue to scoop up Bitcoin above $100K

Bitcoin crossed the $100,000 mark again on May 8 as institutional investors continue stacking sats.Farside Investors’ data shows that spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded cumulative net inflows of $142.3 million on May 7, in a sign of β€œsustained institutional interest,” according to the founder of Obchakevich Research, Alex Obchakevich.β€œThese inflows indicate the activity of institutional investors,...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Why crypto’s next breakthrough could start in the classroom β€” Animoca’s Yat Siu

Ripple’s $25 million donation to a crypto education fund has reignited conversations about how blockchain projects are building influence through academiaβ€”but in the latest episode of Byte-Sized Insight, Animoca Brands’ co-founder Yat Siu says that money alone isn’t enough.Instead, real-world use cases like student loans backed by DeFi may be crypto’s most convincing value proposition to date.DeFi student loansOn April...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

CoinDesk 20 Performance Update: Uniswap (UNI) Surges 13.5% as Index Trades Higher

NEAR Protocol (NEAR) joined Uniswap (UNI) as a top performer, gaining 11.7%.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

Inferno Drainer Malware Returns, Stealing $9M from Crypto Wallets in Six Months

One of the most sophisticated crypto drainers has resurfaced in a malware campaign targeting Discord users.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Market Maker Flowdesk Expands Capital Market Offerings With New Institutional Credit Desk

Institutions trading crypto need more than fast execution, they need tools to unlock capital and build precise strategies says Flowdesk’s U.S. CEO.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum Foundation distributed $32.6M grants to ecosystem in Q1

The Ethereum Foundation, the nonprofit that supports development across the Ethereum blockchain, distributed $32.6 million in grants in the first quarter of 2025.In an allocation update, the organization reported spending on various initiatives through its Ecosystem Support Program (ESP).Categories included community and educational grants, zero-knowledge and cryptography. Other allocations included execution layers,...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Gemini to launch crypto derivatives in Europe with new license

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has received regulatory approval to expand crypto derivatives trading across Europe.Gemini secured a Markets in Financial Instruments Directive II (MiFID II) license from the Malta Financial Services Authority (MFSA), allowing the exchange to offer crypto derivatives in the European Union, it announced on May 9.β€œOnce we commence business...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

TapSwap on Telegram: Is it legit or a scam?

What is TapSwap on Telegram? TapSwap is a tap-to-earn Web3 application that lives inside Telegram β€” no separate download required.Are your crypto friends obsessed with tapping their phones all the time? Welcome to the world of TapSwap. TapSwap is a tap-to-earn game released in mid-2024 in the Telegram Mini Apps ecosystem. The game quickly catches your attention: one minute you’re just curious… the next, you’re tapping...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

German Authorities Seize $37.4M in Assets from Shuttered Crypto Exchange eXch

German prosecutors confiscate servers and digital assets from platform accused of laundering proceeds from major crypto hacks.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Senator Tim Scott slams partisan politics for failed stablecoin bill

Senate Banking Committee Chairman Tim Scott blamed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act’s failure on partisan politics during a Senate speech on May 8.Scott said the vote, which failed to reach cloture in the Senate, was expected to mark a step toward greater affordability and innovation. Instead, he said, political divisions took precedence. β€œInstead, we witnessed a...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

DOGE, XRP, ETH, SOL Follow Bitcoin Through the Cloud as Altcoin Momentum Builds

Top altcoins are mimicking BTC's late April bullish breakout that set the stage for a rally to $100,000.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

Taiwan lawmaker calls for Bitcoin reserve at national conference

Taiwanese lawmaker Ko Ju-Chun has called on the government to consider adding Bitcoin to its national reserves, suggesting it could serve as a hedge against global economic uncertainty. Ko, a legislator at-large in Taiwan’s legislative body, the Legislative Yuan, took to X on Friday to report that he had advocated Bitcoin (BTC) investment by the Taiwanese government at the National Conference on May 9.In his remarks,...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Ethereum Surges Double Digits to $2,400 Following Pectra Upgrade

Ethereum's Pectra upgrade and the easing of global trade tensions helped the network soar by over 20% Friday morning.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Bitcoin eyes sub-$100K liquidity β€” Watch these BTC price levels next

Key points:Bitcoin (BTC) is at its highest levels since January, and traders are eyeing key levels to watch for what’s next.After hitting $104,000, BTC/USD is retracing to establish support, but the fate of $100,000 is among the concerns for market participants.Current price action represents an important battleground, as measured from the $75,000 lows this year.” Headline driven” BTC price gains draw scrutinyJust...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph

Crypto Trail Lands Virginia Man 30-Year Sentence for Funding ISIS

Mohammed Azharuddin Chhipa used crypto and encrypted apps to send over $185K to ISIS members in Syria, the DOJ said.

Published on: May 09, 2025 | Source: Decrypt favicon Decrypt

Germany Seizes $38M From Crypto Platform Suspected of Laundering Bybit, Genesis Hack Proceeds

EXch served as a hub for over $1.9 billion in illicit crypto transfers, authorities said, with funds tied to both high-profile hacks and phishing operations.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin Sees Surge in Institutional Confidence, Deribit-Listed BTC Options Market Reveals

Panning out over just the last week shows a much bigger sign of institutional positioning on BTC, Deribit said.

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

Metaplanet Plans a Further $21M Bond Sale to Buy More BTC

Metaplanet has the largest BTC stash among publicly-traded companies outside North America

Published on: May 09, 2025 | Source: CoinDesk favicon CoinDesk

Is Pi Network dead? What really went wrong behind the hype

What Pi Network promised When Pi Network first hit the scene in 2019, it had a simple but compelling pitch: What if you could mine cryptocurrency straight from your phone β€” no expensive gear, no massive electricity bills, just a tap a day on an app?It caught fire. Millions of people jumped on board, lured by the idea of β€œfree” mobile mining and a chance to get in early on the next big thing. The app made it easy: You...

Published on: May 09, 2025 | Source: Cointelegraph favicon Cointelegraph