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'It's Not Fun': Binance Founder CZ Recounts Prison Experience

Changpeng “CZ” Zhao, founder of Binance, reflected on his prison experience and how it brought him closer to his family.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Ripple commits $25 million in RLUSD stablecoin to boost US education

Ripple has pledged $25 million in its RLUSD stablecoin to support US education through nonprofit organizations DonorsChoose and Teach For America. The contribution, revealed on May 5, aims to support teachers, fund classroom projects, and expand access to essential academic resources for underserved communities across the United States. This initiative comes at a time when […] The post Ripple commits $25 million in...

Published on: May 05, 2025 | Source: CryptoSlate favicon CryptoSlate

Israel Nabs Suspect Sought by US Over $190M Nomad Bridge Exploit: Report

Alexander Gurevich, accused of initiating the Nomad bridge exploit, was arrested at Israel’s airport just days after changing his name.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Tether Jumps Into AI Race With Open-Source Platform, Planned Bitcoin and USDT Payments

Stablecoin giant Tether's dive into AI promises Bitcoin-integrated apps and decentralized tech. Here's what we know so far.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

U.S. Crypto Market Structure Bill Unveiled by House Lawmakers

As a successor to the so-called FIT21 bill in the last session, the committee chairs in the House have released a discussion draft of a market structure bill.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

Bitcoin and Ethereum lead $2 billion in crypto investment inflows amid market shift

Digital asset investment products recorded $2 billion in inflows last week, bringing year-to-date totals to $5.6 billion, according toCoinShares’latest market report. According to CoinShares, last week’s inflow marks the third straight week of gains, signaling a clear shift in investor behavior after months of outflows. James Butterfill, head of research at CoinShares, noted that the […] The post Bitcoin and Ethereum...

Published on: May 05, 2025 | Source: CryptoSlate favicon CryptoSlate

What will Bitcoin price be if gold hits $5K?

Key takeaways: Bitcoin has historically outperformed gold, more recently by sixfold.Gold’s climb toward $5,000 could set the stage for significant Bitcoin gains.Weakening US dollar and rising global liquidity remain key drivers for both assets.Gold’s march toward $5,000 per ounce and beyond has become a big topic among hard-asset bulls, including Yardeni Research’s head Ed Yardeni and billionaire investor John Paulson....

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

BlackRock’s Bitcoin exposure rises to over $5 billion as of the end of Q1

BlackRock expanded its exposure to Bitcoin-linked assets in the first quarter of 2025, pushing its total investments to more than $5.4 billion, according to data from Timechainindex. Between the last quarter of 2024 and March 2025, BlackRock added over 3.2 million shares of the iShares Bitcoin Trust (IBIT) to its portfolio. This move brought its […] The post BlackRock’s Bitcoin exposure rises to over $5 billion as of...

Published on: May 05, 2025 | Source: CryptoSlate favicon CryptoSlate

Binance founder advises Kyrgyzstan to adopt Bitcoin and BNB for national crypto reserve

Binance founder Changpeng Zhao has recommended that Kyrgyzstan consider Bitcoin and BNB as the first assets in building its National Crypto Reserve. His May 5 suggestion followed an invitation to join the country’s National Crypto Council, marking a notable step in the nation’s engagement with digital assets. Zhao visited Kyrgyzstan at the invitation of President […] The post Binance founder advises Kyrgyzstan to adopt...

Published on: May 05, 2025 | Source: CryptoSlate favicon CryptoSlate

Bitcoin to See Additional $330B of Corporate Treasury Inflows by 2029: Bernstein

Strategy alone is expected to buy another $124 billion of bitcoin over the next five years, in the broker's bull case.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

U.S. Treasury Sanctions Burmese Militia Group Said to Run 'Pig Butchering' Compounds

The Karen National Army and its leaders were sanctioned on accusations they perpetuated crimes against U.S. citizens that featured crypto thefts.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

Strategy Adds $180 Million in Bitcoin Ahead of Expanding BTC Push

The company upped its Bitcoin acquisition target to $84 billion last week.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Crypto market manipulation schemes are becoming increasingly coordinated

Opinion by: Tracy Jin, Chief Operating Officer, MEXCMarket manipulation is everywhere and yet nowhere to be seen. It is an invisible threat affecting crypto and traditional markets, leaving ordinary traders counting the costs. Sometimes, manipulation is obvious — illiquid tokens being pumped high before being dumped just as fast — but often, it's subtler and more challenging to detect.What's more concerning is that...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Ripple commits $25M US school nonprofits

Ripple, the US-based crypto services firm behind the XRP Ledger, has committed $25 million in Ripple USD (RLUSD) to education nonprofits DonorsChoose and Teach For America.According to a May 5 announcement, the grant will be processed through the crypto charity intermediary service The Giving Block. DonorsChoose CEO Alix Guerrier said "teachers are going the extra mile for their students' education, even spending...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Treasury Firms' 'Dry Powder' Could Push Prices Up Significantly: NYDIG

Issuance capacity among bitcoin-holding companies could translate to tens of billions in market buying power.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

Ethereum Preps for Biggest Code Change Since the Merge With Pectra Upgrade

The upgrade is focused on making the Ethereum blockchain more user-friendly and efficient.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

How a $243 million crypto heist led to a real-world kidnapping

$243M Bitcoin scam that led to kidnapping and chaos In one of the most bizarre crossovers between digital crime and real-world violence, a group of young cybercriminals stole almost $243 million in Bitcoin (BTC). Within weeks, the fallout spilled from the blockchain into a quiet Connecticut suburb, ending in a harrowing kidnapping plot.If this seems like the plot of a Netflix thriller, you’re not alone in thinking...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Chainlink to Start New Community Rewards Program for LINK Stakers

Chainlink to Start New Community Rewards Program for LINK Stakers

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

Trump to host memecoin gala dinner amid backlash, impeachment calls

Update (May 5 at 3:27 pm UTC): This article has been updated to include comments from Niko Demchuk and Yarden Noy.US President Donald Trump will host a gala dinner for top holders of his Official Trump (TRUMP) memecoin despite bipartisan criticism and renewed calls for impeachment.In a May 5 Truth Social post, Trump announced that he will hold a gala dinner with major TRUMP holders on May 22. The announcement follows...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Bitcoin Could Slide to $90K as BTC Traders Eye Fed Meeting

The Fed is widely expected to leave rates steady on Wednesday, but traders will monitor comments for economic projections and clarity on future rate cuts.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

Strategy, Semler bag 2K Bitcoin as price edged toward $100K last week

Michael Saylor’s Strategy, one of the world’s largest corporate Bitcoin investors, slowed its BTC purchases last week as the cryptocurrency briefly surged above $97,000.Strategy acquired 1,895 Bitcoin (BTC) for $180.3 million during the week from April 28 to May 4 at an average price of $95,167 per BTC, the firm announced in its latest Form-8 filing with the US Securities and Exchange Commission.Strategy’s latest...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Free Bitcoin Faucet From 2010 Is All Set for a Comeback

The original faucet distributed 5 BTC per user for free, which is now worth nearly $500,000 per transfer.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

BitcoinOS Demo Sends BTC to Cardano and Back—Without a Cross-Chain Bridge

The demo transaction used BitcoinOS’ new token xBTC, and zero-knowledge proofs instead of custodial arrangements.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Binance co-founder CZ proposes Bitcoin, BNB for Kyrgyzstan reserves

Binance co-founder Changpeng “CZ” Zhao has proposed Bitcoin and BNB as the first digital assets to build Kyrgyzstan’s national crypto reserves.On May 5, Zhao shared on X that he had advised Kyrgyzstan to start with Bitcoin (BTC) and BNB (BNB) when building its national crypto reserve. In 2024, Forbes claimed that Zhao holds about 94 million BNB tokens, or 64% of BNB’s circulating supply. At the time of writing, these...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Cointelegraph and TheBlock announce strategic media partnership to strengthen global Web3 and virtual asset collaboration

Dubai, UAE – May 2025 — TheBlock, the International Chamber of Virtual Assets, has announced a strategic partnership with Cointelegraph, the world’s leading Web3 media platform. The collaboration brings together two major players in the blockchain and virtual asset space, with the shared goal of amplifying the global adoption of tokenisation, advancing regulatory dialogue, and supporting builders entering the MENA...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Michael Saylor's Strategy Adds 1,895 Bitcoin, Bringing Company Stack to 555,450 BTC

A combination of sales of common stock and STRK preferred stock funded the latest purchase.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

Vitalik Buterin Wants to Make Ethereum as Simple as Bitcoin

Buterin put out thoughts for a long-term roadmap that drastically reduces the complexity of Ethereum’s technology.

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

XRP price risks 45% decline to $1.20 — Here is why

Key takeaways:XRP forms a bearish descending triangle on the daily chart, risking a 45% drop to $1.20.Declining daily active addresses signal reduced transaction activity and liquidity.A breakout above $2.18 could invalidate the bearish pattern.The XRP (XRP) price flashes warning signs as a bearish technical pattern emerges on its daily chart, coinciding with declining network activity.XRP descending triangle hints at...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Indonesia Suspends Sam Altman’s Eye-Scanning World Project

Indonesian regulators have clamped down on World over license concerns, days after the project rolled out to users in the U.S.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Aptos exec sees Web 2.5 platforms earning ‘tons’ of revenue

While many crypto ecosystems focus on decentralization as the core tenet of Web3, Aptos is seeing success with hybrid platforms that blend Web2 and Web3 technologies, commonly referred to as “Web2.5.”In an interview at the Token2049 event in Dubai, Aptos’ head of ecosystem, Ash Pampati, told Cointelegraph that Web2.5 platforms are earning “tons of revenue” within Aptos. He noted that consumer-focused applications, in...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Watch these Bitcoin price levels as BTC meets ‘decision point’

Key takeaways:Bitcoin failed to break the $98,000 resistance amid increased profit-taking.BTC price needs to close above $95,000 on the daily chart for a push to $100,000.Bitcoin’s (BTC) price failed to break above resistance at $98,000 on May 3. Since April 22, BTC prices have formed daily candle highs between $93,000 and $97,900, but they could not close above $97,440.BTC/USD four-hour chart. Source:...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Tether AI platform to support Bitcoin and USDT payments, CEO says

Tether AI, the forthcoming artificial intelligence platform from stablecoin giant Tether, will feature payments in major cryptocurrencies, including USDt and Bitcoin.Tether CEO Paolo Adroino took to X on May 5 to tease the imminent launch of Tether AI, the company’s new AI platform designed to offer “personal infinite intelligence.”According to Ardoino, Tether’s AI platform will be integrated with USDt (USDT) and...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph

Mattel Hits the Brakes on Hot Wheels Virtual Garage NFTs

Marketplace access, community support, and redemptions for the NFT collection will continue through at least 2025.

Published on: May 05, 2025 | Source: Decrypt favicon Decrypt

Tether Enters AI Arena With Tether.AI

Tether CEO Paolo Ardoino Tether AI tech will enable an unstoppable peer-to-peer network of billions of AI agents

Published on: May 05, 2025 | Source: CoinDesk favicon CoinDesk

Vitalik Buterin says rollups must prove security before decentralizing

Ethereum co-founder Vitalik Buterin explained when rollup-based layer-2 platforms should go decentralized, and why “as soon as possible” is not the correct answer.In a May 5 X post, Buterin said there is a right time for rollup-based scalability solutions to transition to a decentralized model. This moment depends on how low the proof system’s failure probability has fallen compared with the risks introduced by...

Published on: May 05, 2025 | Source: Cointelegraph favicon Cointelegraph